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The Latest Breaking News from FTI

TISI decreases for first time in 7 months

The Thailand Industry Sentiment Index (TISI) decreased for the first time in seven months to 92.6 points during the festive month of December last year, says the Federation of Thai Industries (FTI).

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Evaluating the China effect

One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky.

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Chip shortage sparks 5-10% price hike

The Federation of Thai Industries (FTI) expects car prices to rise by 5-10% in 2023, mainly because of the prolonged impact of the global semiconductor shortage.

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High momentum of EV growth

Thailand's electric vehicle (EV) market will continue to gain momentum in 2023, with sales expected to reach between 25,000 and 35,000 units, says the Federation of Thai Industries (FTI).

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Beijing easing to foster Thai growth in 2023

The Federation of Thai Industries (FTI) expects Thailand's economic recovery to hit the fast track next year, driven by higher tourism revenue and exports following China's decision to reopen its borders from Jan 8.

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Companies demand help amid power hike

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is asking Prime Minister Prayut Chan-o-cha to issue measures to ease entrepreneurs' financial burden after power bills were hiked next year.

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Car production up by 15% in November

Thailand's car production increased by 15% year-on-year to 190,155 units in November, the highest in 44 months, as the semiconductor shortage continued to ease, says the Federation of Thai Industries (FTI).

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Power hike to force up price of goods

Entrepreneurs under the Federation of Thai Industries (FTI) plan to increase product prices by 5-12% if the government implements its plan to increase the power tariff between January and April next year.

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Business sector warns prices will rise if cost of electricity goes up

The Federation of Thai Industries has warned that product prices will rise if the government approves a planned electricity price hike from next month.

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Battery EVs take off in Thailand

Battery electric vehicles (BEVs) are becoming more popular with Thai motorists, beating other types of EVs that were previously thought to be better suited to the Thai market as concerns over charging facilities ease, says the Federation of Thai Industries (FTI).

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BoI partners with FTI to promote BCG investments

The Board of Investment (BoI) has joined hands with the Federation of Thai Industries (FTI) to push ahead with new investments in targeted industries in line with bio-, circular and green (BCG) economic development.

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A showcase for the BCG model

The Asia-Pacific Economic Cooperation (Apec) summit offered a glimpse into how countries plan to deal with uncertainties post-pandemic as well as the Thai government's push towards a new economic model.

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Flood boosts sales of farm machinery

The Federation of Thai Industries (FTI) expects demand for agricultural machinery to keep growing in both domestic and overseas markets as damage caused by recent flooding should increase sales.

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Call for stimulus as slowdown looms

The Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year, says the Federation of Thai Industries (FTI).

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Call for tax cut to help flood-hit businesses

Company executives want the government to help flood-hit entrepreneurs with a corporate income tax reduction, according to a Federation of Thai Industries (FTI) survey of its members.

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Chip shortages put a dent in rising sales of motorcycles

The Thai economic recovery is expected to boost motorcycle sales in the domestic market, but manufacturers are still struggling to deal with ongoing semiconductor shortages, says the Federation of Thai Industries (FTI).

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September car exports up amid rise in chip supply

More semiconductors are being supplied to the global auto industry, following a decline in demand for chips from the electronics sector, while car exports from Thailand reached their highest level so far this year in September, according to the Federation of Thai Industries (FTI).

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Domestic car sales rise 15.64% y/y in Sept

Domestic car sales rose 15.64% in September from a year earlier to 74,150 units, helped by an economic recovery and new car models, the Federation of Thai Industries (FTI) said on Thursday.

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FTI ramps up help for small firms

The Federation of Thai Industries (FTI) is increasing its efforts to help small and medium-sized enterprises (SMEs), especially micro-SMEs, as they try to cope with the financial burden of interest rate hikes and a higher minimum wage.

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FTI frets over slowdown of shipments in fourth quarter

The Federation of Thai Industries (FTI) has expressed fresh concerns over an export slowdown in the fourth quarter of 2022, following a drop in goods purchase orders overseas.

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Thailand to boost exports to Saudi market

Thailand has set its sights on growing exports to Saudi Arabia by 5% next year, with potential products including food, construction, petrochemicals, automobiles and seedlings.

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Bumpy road to recovery

Even as Thailand continues on its path to economic recovery in the fourth quarter, buoyed by tourism and domestic consumption, businesses are still unnerved by pressing challenges, including high inflation, a weaker baht, surging energy prices and flooding, which could hamper the rebound.

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FTI suggests retention of current policies

The Federation of Thai Industries (FTI) expects a new government formed after a general election next year to maintain policies that benefit businesses to help them survive in 2023.

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FTI counsels MPC on rate

The Bank of Thailand needs to determine an appropriate policy rate today amid growing concerns the baht value may fall to 39 to the US dollar, says the Federation of Thai Industries (FTI).

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Sharp increase in domestic car sales

Domestic car sales in the first eight months this year increased by 19.6% year-on-year to 559,537 units as recovering tourism helped boost demand following the reopening of the country late last year, says the Federation of Thai Industries (FTI).

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