The Latest Breaking News from Kriengkrai Thiennukul

Shift in economic structure urged

Thailand's economic recovery is relatively slower than that of its Asean peers because the domestic economic structure in the country is reliant on conventional industries.

Bangkok Post · May 19, 2022

TISI dips to 86.2 in April on oil price hike

The Thailand Industry Sentiment Index (TISI) in April fell to 86.2 points from 89.2 in March due mainly to the global oil price surge, driven by the prolonged Russia-Ukraine war, and higher inflation.

Bangkok Post · May 18, 2022

Industrial confidence at five-month low

Thailand's industries sentiment index dropped to a five-month low in April, hit by higher production costs as Russia's invasion of Ukraine pushed up the price of energy and raw materials, an industries group said on Wednesday.

Bangkok Post · May 18, 2022

Inflation heads industry agenda

Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.

Bangkok Post · May 8, 2022

Explainer: Inside the case for a minimum wage hike

Thai workers are feeling the pinch from months of higher living expenses, leading them to take to the streets on Labour Day to demand a 45% increase in the daily minimum wage.

Bangkok Post · May 3, 2022

FTI wary of wage increase

The Federation of Thai Industries is opposing a proposal to increase the daily minimum wage to 492 baht, fearing that small and medium-sized enterprises (SMEs) will be severely impacted.

Bangkok Post · May 1, 2022

Diesel users run into reality check

The government's decision to reduce financial pressure on its coffers by allowing the price of diesel to gradually increase starting from this month -- having been capped since October 2021 -- will result in households and businesses experiencing a harsh economic reality.

Bangkok Post · May 1, 2022

A sector with an agenda

The 2022 meetings of the Apec Business Advisory Council (Abac), which highlights the bio-, circular and green (BCG) economic model, are prompting Thailand to gear up for advanced technologies and environmentally friendly businesses.

Bangkok Post · May 1, 2022

The sweet smell of success

Though Thailand faces gloomy economic prospects with a surge in inflation, higher energy prices and persistent Covid outbreaks, a performance by Thai rapper Danupha "Milli" Khanatheerakul at the Coachella Festival in California that was capped by her eating khao nieo mamuang (mango sticky rice) on stage went viral on social…

Bangkok Post · Apr 24, 2022

FTI wants diesel tax cut extended

The Federation of Thai Industries (FTI) is calling on the government to extend the diesel excise tax reduction for another three months to slow soaring energy prices and give businesses and households more time to adjust to higher manufacturing and living costs.

Bangkok Post · Apr 21, 2022