by Teuvo Tuomi | Feb 20, 2025 | Business, Economy, Manufacturing, News, Thailand
Thailand’s factory closures are accelerating nationwide. For the past two years, an average of at least 100 businesses have shuttered their doors each month, according to data from the Kasikorn Research Center (KResearch). The forecasts suggest closures will continue...
by Teuvo Tuomi | Jan 20, 2025 | Business, Economy, Manufacturing, News, Thailand
The Thai industrial sentiment index dropped for the first time in three months in December, falling to 90.1 in December from 91.4 in November. The sentiment was hurt by weak domestic demand and competition from Chinese products, the Federation of Thai Industries says....
by Jukka-Pekka Karppanen | Nov 14, 2024 | China, ASEAN, Asia, Business, Economy, Investment, Manufacturing, Partners
China Plus One Strategy Leveraging ASEAN for Resilient Growth and Strategic Advantage Amid trade wars and geopolitical uncertainty, the China Plus One Strategy helps businesses strengthen their strategic positioning, enable growth, and improve stability By Antti...
by Teuvo Tuomi | Nov 7, 2024 | ASEAN, Manufacturing, News, Southeast Asia, Vietnam
Vietnam is expected to be among the top three Southeast Asian countries in terms of industrial competitiveness by the end of this decade, according to the Ministry of Industry and Trade (MoIT). The program promotes the country’s industrialization and...
by Teuvo Tuomi | Oct 24, 2024 | China, Asia, Malaysia, Manufacturing, News, Vietnam
For the second time in a row, China ranks first in the Asia Manufacturing Index by Dezan Shira & Associates. China maintains its leadership despite significant shifts in its production landscape and traditional markets. The country’s industrial output remains...
by Teuvo Tuomi | Sep 25, 2024 | Business, Economy, Manufacturing, News, Thailand, Transportation
The manufacturing and sales of vehicles in Thailand fell by more than 20.56% in August compared to last year, the Federation of Thai Industries (FTI) reports. Surapong Phaisitpattanapong, advisor and spokesman of FTI’s automobile club, says 119,680 vehicles were...
