Thailand’s cross-border trade forecast to increase by 5% World

Thailand’s cross-border trade forecast to increase by 5%

Despite slower economic growth in neighbouring countries and zero-COVID measures in China, Thailand's cross-border trade is still expected to grow by at least 5% this year to 1.8 trillion THB (49.24 billion USD), driven by greater demand for gasoline, edible oil, tyres and auto parts.
Thai food exports expected to grow well ASEAN

Thai food exports expected to grow well

The Federation of Thai Industries (FTI) has projected that Thai food exporters are likely to benefit from a global food shortage expected to intensify during the third and fourth quarters this year.
Thailand’s exports affected by COVID-19 World

Thailand’s exports affected by COVID-19

The COVID-19 crisis has resulted in a serious labour shortage in factories, and hard hit Thailand’s exports, its main economic engine, according to CEOs surveyed by the Federation of Thai Industries (FTI).
Thailand's economy affected by third wave of COVID-19 World

Thailand's economy affected by third wave of COVID-19

Thailand’s GDP growth may dive to 1.6 percent if the government fails to stimulate its economy reeling from the third wave of COVID-19 infections, according to the University of the Thai Chamber of Commerce (UTCC).
Thailand looks to become digital innovation hub in ASEAN World

Thailand looks to become digital innovation hub in ASEAN

The Digital Council of Thailand (DCT) is working with the Federation of Thai Industries (FTI) to turn the country into a digital innovation hub in ASEAN through development of data centres and artificial intelligence (AI) capability.
Thai baht’s price sees rapid increase World

Thai baht’s price sees rapid increase

The Federation of Thai Industries (FTI) is calling on the Bank of Thailand to launch new measures to rein in the baht's rapid gains after the currency hit a more than six-year high.