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Wednesday, May 15, 2024

FTI announces glum export outlook

Gantry cranes and stacked containers at the Bangkok port. The customs-cleared value of exports dipped for a ninth consecutive month in June, falling by 6.4% to $24.8 billion, according to the Commerce Ministry. (Photo: Bloomberg)

Exports may contract by more than 2% this year, following an interest rate hike by the US Federal Reserve and concerns over higher global energy prices in the winter, says the Federation of Thai Industries (FTI).

Kriengkrai Thiennukul,…

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