Mr. Payungsak Chartsutipol, Chairman of the Federation of Thai Industries, proposed to the government to maintain prices of farm products to reduce financial impact on SME operators. The FTI Chairman said that floods had cost industries across the sector 50-60 billion THB in damage. He added that the auto industry would be severely affected if [...]
BANGKOK, 29 June 2011 (NNT) – The Federation of Thai Industries (FTI) wants to see domestic political situation bolstering the Thai economic stability. Speaking during a seminar entitled ‘the Economy in the Latter Half of 2011: Opportunities and Challenges’, FTI Chairperson Payungsak Chatsutipol expressed his hope that all sides would accept the election result. He [...]
BANGKOK, 4 February 2011 (NNT) – The Federation of Thai Industries (FTI) on Friday convenes a meeting of about 20 Thai trading associations in order to find ways to cushion impacts from the planned opening of Thai-Chinese International Products City in the kingdom. FTI Vice President Dr Tanit Sorat stated that the discussion is aimed [...]
BANGKOK, Dec 17 – Thailand’s domestic automobile sales in November rose by 38.3 per cent year-on-year to 78,874 units, up 9.53 per cent from October, marking their highest level in 47 months, according to the auto industry. Surapong Paisitpattanapong, spokesman for the Federation of Thai Industries (FTI) Automotive Industry Club said on Friday that the [...]
BANGKOK, 19 June 2010 (NNT) – The auto export in May has grown 135% while the domestic sales have risen 53% as favored by the recovering economy, according to the latest report of the Federation of Thai Industries (FTI). Spokesperson of the FTI’s Automotive Industries Club Surapong Paisitpatanapong reported on the situation of the auto [...]
BANGKOK, 27 April 2009 (NNT) – The Federation of Thai Industry (FTI) teams up with the National Food Institute (NFI) to woo Japanese, European, and Chinese investors during the road show to push forward the country as the global base of processed foods production. The President of Food Industry Group of FTI Wisit Limprana cited [...]
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 [...]
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 [...]
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 [...]
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 [...]
