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Tuesday, May 14, 2024

Outlook glum in certain fields

Mr Kriengkrai noted that the capacity utilisation in the country’s steel industry is low.

Steel and internal combustion engine (ICE)-related industries are expected to stagnate this year, says the Federation of Thai Industries (FTI).

In addition, tourism is not expected to fully recover to 2019 levels, said Kriengkrai Thiennukul, chairman of the FTI.

“We are monitoring the economic situation in 2024 and how it will affect the manufacturing sector. We need to start…

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