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Bangkok Post

Business

FTI frets over slowdown of shipments in fourth quarter

FTI United States

The container ship 'Kota Hakim' from Singapore is pictured near Phra Pradaeng, Samut Prakan province. (Photo: Somchai Poomlard)

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.

Some industries reported a decrease of 30% in purchase orders attributed to weaker purchasing power, especially in the US and European markets, said Kriengkrai Thiennukul, chairman of the FTI.

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