28.9 C
Bangkok
Thursday, May 9, 2024

Thai industries confidence at 2-year high as activity recovers

Supant Mongkolsuthree (Photo supplied)

Thailand’s industries sentiment in March reached a 25-month high, bolstered by a recovery in economic activity as Covid-19 restrictions were eased, an industries group said on Thursday.

The Federation of Thai Industries (FTI) said its industries sentiment index rose to 89.2 in March from a drop to 86.7 in the previous month.

“The overall situation is nearly normal. People are getting back to work and spending more money,” FTI Chairman Supant Mongkolsuthree told a news conference.

However, industries are still worried about the Russia-Ukraine war, which has pushed up the price of energy and materials, he said.

The group is urging the government to further relax travel restrictions to boost…

Read more…

Latest Articles