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The Latest Breaking News from JSCCIB

Panel says export boom not reaching small companies

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is exploring new measures to support small and medium-sized enterprises (SMEs) that have yet to fully benefit from Thailand's robust export growth and rising foreign direct investment.

Bangkok Post

Tourism task force to help spur economy

The Ministry of Tourism and Sports is setting up a tourism policy task force to accelerate tourism-led economic stimulus measures in the second half of the year, according to minister Surasak Phancharoenworakul.

Bangkok Post

After credit rating, panel calls for economic stability

The private sector is urging the government to maintain Thailand's economic stability following S&P Global Ratings' reaffirmation of the country's sovereign credit rating.

Bangkok Post

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Call for greater focus on foreign investors

Amid rising global uncertainty, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has urged the government to step up efforts to attract foreign investors and encourage multinational companies to relocate their operations to Thailand.

Bangkok Post

Govt urged to speed up labour deals

Labour Minister Julapun Amornvivat has pledged to accelerate the renewal and expansion of labour agreements with four neighbouring countries after business groups warned that worsening labour shortages could affect economic growth and key industries.

Bangkok Post

Pollution control boss rejects bribery ranking, takes aim at survey

The Pollution Control Department (PCD) has reaffirmed its readiness to accept scrutiny over corruption allegations while questioning the methodology of a private-sector survey that identified it as the agency with the highest average bribery payments.

Bangkok Post

Thicker skin needed

The latest verbal threat that Environment Minister Suchart Chomklin made against a journalist who was grilling him about a survey on bribery amounts to more than just media intimidation. It raises questions about whether the government of Anutin Charnvirakul has what it takes to seriously battle bureaucratic graft.

Bangkok Post

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Call for more migrants to ease labour shortage

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has urged the government to act swiftly in tackling worker shortages for Thailand's labour-intensive industries.

Bangkok Post

Accountability urged for B400bn loan

The government is being urged to implement projects under the 400-billion-baht emergency loan decree with integrity, provided its legitimacy is endorsed by the Constitutional Court.

Bangkok Post

Panel trims export growth forecast

Dim economic prospects over the next six months have caused the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to cut its export growth forecast to -2% this year, down from -1%.

Bangkok Post

GDP growth outlook remains at 3.0-3.5%

Thailand's economy is expected to grow 3.0% to 3.5% this year, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said on Wednesday, unchanged from its previous forecast, as tourism gathers momentum but exports soften.

Bangkok Post

Sentiment declines again last month

Delays in establishing a new coalition government were partly blamed for a drop in the Thailand Industry Sentiment Index (TISI) for a second consecutive month, with the May reading at 92.5 points, down from 95 in April.

Bangkok Post

Parsing the impact of the parched season

The effects of the El Niño weather pattern are becoming increasingly evident with the persistence of hot, dry weather and high temperatures despite the official start of the rainy season on May 22, as announced by the Meteorological Department.

Bangkok Post

Alarm over weather-related threats

Drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion baht to the Thai economy this year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

Bangkok Post

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Bangkok Post

Coalition delays seen as threat to growth

The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.

Bangkok Post

Private sector highlights six-pronged strategy

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) wants political parties competing in the general election to pay heed to its six-pronged strategy it believes should play a vital role in driving the economy over the next four years.

Bangkok Post

Industry urges drought measures

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to brace for drought and possible water shortages that will affect businesses, causing them to increase the prices of goods again.

Bangkok Post

Sky-high summer surge

Greater power usage during the summer months is heating up electricity prices as people crank up air conditioners.

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Bangkok Post

FTI holds breath on amended tariff rate

The Federation of Thai Industries (FTI) remains hopeful a last-minute cut to the new power tariff, slated to take effect in less than two weeks, can help businesses and households cope with energy bills as authorities meet on Friday to review the rate.

Bangkok Post

Panel urges rethink of power tariff

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to reconsider the electricity bill calculation, believing the power tariff of 4.77 baht per kilowatt-hour (unit) could be further reduced.

Bangkok Post

Pact with Japan to bolster trade and investment

The Japan Business Federation, also known as Keidanren, signed a memorandum of understanding yesterday with the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to strengthen trade, investment and economic cooperation between the two nations' business sectors.

Bangkok Post

Panel downgrades export outlook

The 2023 export outlook is growing dimmer, with the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) cutting its export forecast to -1% based on the prospect of a global recession.

Bangkok Post

Executives call for panel to deal with power bills

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask the government to jointly set up a panel to deal with high power bills, which are discouraging foreign businesses from investing in Thailand.

Bangkok Post

Thailand hosts Apec summit 2022

The Asia-Paciﬁc Economic Cooperation (Apec) 2022 summit held last month was the first global event Thailand had held since the outbreak of the pandemic.

Bangkok Post

Apec summit expected to generate B600bn

An industry council estimates the Apec Summit 2022 held in Bangkok last month will generate 500-600 billion baht in benefits for Thailand's economy over the next 3-5 years.

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