Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >> Economy  >> Thai industrialists’ confidence worst in 2 years
NEW UPDATES Asean Affairs   20 December 2013  

Thai industrialists’ confidence worst in 2 years

Thailand’s monthly Industrial Sentiment Index (TISI) plummeted to its lowest in 24 months at 90.3 mainly due to the months-long political turmoil, an industrialist said today.
Payungsak Chartsuthipol, Federation of Thai Industries (FTI) chairman, said the latest TISI in November declined 2.5 points from 92.8 in October.
The political conflicts have an impact on the overall economy and consumption given decreasing purchase and sales orders, he said, calling for cooperation among all factions to urgently the disputes.
He said operators of small and medium industries have suffered from financial liquidity which compels them to slow down their investment and business expansion.
He predicted the index in the next three months at 101.4, a decline from 102.4 in October, adding that industrial operators’ sentiment index in November was also lowered in domestic and international markets.
Political issue has become the highest concern among industrialists in addition to the problems of oil price, currency exchange and borrowing interest rate, said Mr Payungsak.
The FTI chairman urged the public sector to extend low interest loans to ease small and medium enterprises’ liquidity and elevate their production standard to meet global requirement as well as boost their competitive edge.
The government should seriously and successively solve the political disputes and corruption, he said.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories   20 Decenber 2013 Subsribe Now !
• DSI summoning 17 protest leaders; to freeze bank accounts Subcribe: Asean Affairs Global Magazine
• Bottle bombs, brick hurled into protest leader's home, no injuries reported Asean Affairs Premium
• Thai industrialists’ confidence worst in 2 years
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Cambodia ranks low as investment draw
• Rice exports drop following falling demand
Asean Analysis                    19 December  2013 Advertise Your Brand
• Asean Analysis-December 19, 2013
Prison oversight lags: UN
The Biweekly Update
• The Biweekly Update  December 13, 2013
 • Asean Analysis-December 18, 2013
Four screens market in Malaysia totaled USD 3.86 billion in first ten months of 2013: GfK
Asean Stock Watch     19 December  2013
• Asean Stock Watch-December 19, 2013

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand