Business

700+ factories closed, 1,200+ opened in 2025

  WHILE 786 factories closed in 2025 and 1,220 new ones opened, there were more closures than openings in December for the first time in two years, PPTVHD36 quoted Kasikorn Research Centre as saying today (Feb. 6). This reflects ongoing structural problems and intense competition in the manufacturing sector, the research centre pointed out, Although

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Business

Industry body calls for urgent help as hundreds of factories shut down

  THE Federation of Thai Industries (FTI) urged the government to urgently implement both short- and long-term measures to help manufacturers after 567 factories were shut down in the first five months of this year, Thai Rath newspaper said today (June 21). Mr. Kriengkrai Thiennukul, FTI’s chairman, said short-term action include reducing the impact of

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