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Monday, April 29, 2024

Manufacturers seek steps to reduce costs

FTI survey results reflect concerns

Shipping containers are sorted at Klong Toey port in Bangkok. (Photo: Varuth Hirunyatheb)

Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).

Of 210 company executives across 45 industries who were interviewed by the FTI, 80% voted for new measures that would be able to reduce their operating costs, including a decrease in electricity bills and logistics costs, said Montri Mahaplerkpong, vice-chairman of the FTI.

Such measures would be able to…

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