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Industrial confidence index remains positive

By k on February 19, 2010

BANGKOK, 19 February 2010 (NNT) – The expansion of international and domestic orders resulted in +100 confidence in the industrial sector for four consecutive months, according to the Federation of Thai Industries (FTI).

FTI President, Santi Vilassakdanont, today released the details of the growth in industrial confidence based on the survey conducted in January 2010 among [...]


FTI backs BoT´s move to ease capital outflow control

By k on February 2, 2010

BANGKOK, 2 February 2010 (NNT) - The Federation of Thai Industries (FTI) has agreed with the Bank of Thailand’s policy to stimulate capital outflow with an aim to weaken the baht’s value.

FTI Chairman Santi Vilassakdanont expressed strong support over the central bank’s move to relax foreign exchange rules to decrease the pressure on the strong [...]


Mass Red Shirt rally to affect tourism and consumption, says FTI thumbnail

Mass Red Shirt rally to affect tourism and consumption, says FTI

By k on August 29, 2009

BANGKOK, Aug 29 (TNA) – Sunday’s planned mass rally by the anti-government United Front for Democracy against Dictatorship (UDD) will somewhat affect tourism and slow people’s spending and consumption if it drags on, according to the Federation of Thai Industries (FTI).

FTI chairman Santi Vilassakdanont said he was not much concerned about the mass demonstration by [...]


Thailand’s Industrial Confidence Index edges up in July thumbnail

Thailand’s Industrial Confidence Index edges up in July

By k on August 26, 2009

BANGKOK, Aug 26 (TNA) – Thailand’s Industrial Confidence Index in July edged up to a level of 89.9 from 83.5 in June, showing that the domestic economy is on the path of recovery, according to a new survey by the Federation of Thai Industries (FTI).
FTI Chairman Santi Villassakdanon said the survey conducted on a random [...]


Thai Bankers´s Assocation, FTI and Chamber of Commerce band together to aid SMEs

By k on August 17, 2009

BANGKOK, 17 August 2009 (NNT) - The Thai Bankers’ Association has combined efforts with the Federation of Thai Industries (FTI) and the Thai Chamber of Commerce to aid small and medium enterprise members of each organization impacted by the economic decline.
Krung Thai Bank Board Manager and President of the Thai Bankers’ Association Apisak Tantiworawong said [...]


MOU to prevent further job losses to be signed on 9 July thumbnail

MOU to prevent further job losses to be signed on 9 July

By k on July 7, 2009

BANGKOK, 7 July 2009 (NNT) - Deputy Prime Minister Korbsak Saphavasu will sign a memorandum of understanding (MOU) on 9 July with the Federation of Thai Industries (FTI) and the Labor Ministry pertaining to the project ‘Tonkla Archeep’ in an effort to delay the unemployment in more than ten thousand job positions.
‘Tonkla Archeep’ is the [...]


Thailand’s Industrial Confidence Index rises slightly in May thumbnail

Thailand’s Industrial Confidence Index rises slightly in May

By k on June 23, 2009

BANGKOK, June 23 (TNA) - Although business operators faced rising costs and their earnings declined in May, the nation’s Industrial Confidence Index edged up slightly to 78.5 from 76.3 in April, according to an industry executive.
Federation of Thai Industries (FTI) Chairman Santi Vilassakdanont said the minor improvement of the index was attributed to signs of [...]


Business News »

Thai stock indexes to fluctuate in narrow range next week

March 14, 2010

BANGKOK, 14 March 2010 (NNT) – Thai stock indexes were expected to swing in a narrow range next week as a result of the domestic political affair, according to the Kasikorn Research center (KResearch). KResearch predicted the movement of Thai stock indexes from 15 to 19 March, reporting that the indexes would slightly [...]

Bank And Finance »

Security, cash reserves of banks well-prepared

March 12, 2010

BANGKOK, 12 March 2010 (NNT) – Commercial Banks have prepared security measures and adequate cash reserves upon the mass demonstration of the anti-government United Front of Democracy Against Dictatorship (UDD).
Kasikorn Bank CEO Banthoon Lamsam stated that cash withdrawal of customers at present was normal, and the bank would not increase the amount of cash reserves [...]

General News »

Red Shirts to move to army unit if Abhisit doesn’t dissolve House

March 14, 2010

Red Shirts to move to army unit if Abhisit doesn’t dissolve House thumbnail

BANGKOK, March 14 (TNA) - Unsuccessful so far in pressuring the government of Prime Minister Abhisit Vejjajiva to dissolve Thailand’s Lower House and call fresh elections, the red-clad anti-government United Front for Democracy against Dictatorship  (UDD) core leaders on Sunday announced that some protesters will march on the government’s temporary safe house at a key [...]

Economy »

Current economic uptrend as a result of higher employment rate in Q1

March 14, 2010

BANGKOK, 14 March 2010 (NNT) – Thailand sees an economic uptrend due to higher employment rates in the first quarter of this year.
Speaking in his weekly talk show, “Confidence with Thailand with Prime Minister Abhisit”, the Prime Minister stated that the rate of employment during this period was on the rise or higher, compared to [...]

Energy »

More energy needed: more solutions wanted

March 10, 2010

BANGKOK, 10 March 2010 (NNT) - The Ministry of Energy hosts the ‘Fuel Options for Electricity Generation’ seminar to discuss possible energy alternatives for Thailand
Minister of Energy, Dr Wannarat Channukul, presided over the opening ceremony advising public and private sectors to not emphasize development on a certain alternative energy source too much. Disruption of energy [...]

Politics »

Democrat suggests House meeting postponed due to rally

March 14, 2010

BANGKOK, 14 March 2010 (NNT) – The ruling Democrat Party has requested House Speaker Chai Chidchob to postpone the upcoming parliamentary meeting session on 16 March as the situation is still uncalled for.
Speaking at the Democrat Party Headquarters, Deputy Democrat Spokesperson MD Warong Dechakitwikrom said that convening a meeting at this time could provoke the [...]