Factory shutdowns are expected to gradually increase after 1,600 to 1,700 already shuttered earlier this year because of the economic slowdown, merger plans or rising operating costs, says the Federation of Thai Industries (FTI).
A private sector panel predicts that Thai export growth may fall short of its target this year because of challenges from both external and internal factors.
Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand
Newly appointed Finance Minister Pichai Chunhavajira is taking a less hostile stance towards the Bank of Thailand than the premier, aiming to better coordinate fiscal and monetary policies.