TUESDAY, April 23, 2024
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Industry chiefs to meet Somkid on Friday

Industry chiefs to meet Somkid on Friday

The Federation of Thai Industries (FTI) will submit its recommendations for solving the country’s economic problems to Deputy Prime Minister Somkid Jatusripitak on Friday.

It will also join with the Joint Standing Committee on commerce, industry and banking to draw up a White Paper, which will be proposed to Prime Minister Prayut Chan-o-cha after the premier announces the government's policy to parliament.
FTI chairman Supant Mongkolsuthree said on Thursday that the industries sentiment index declined to 94.5 in June from 95.9 in May, due mainly to intensifying trade wars between major economies, such as Japan-South Korea, US-India, and US-EU, which could impact on Thailand's industrial sector.
The stronger baht has also hit exports so the Bank of Thailand should trim its interest rate to make the currency weaker, he added.

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