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Thailand: FTI upbeat on motorcycle production

The Federation of Thai Industries (FTI) is maintaining its projection for motorcycle production this year at 2.1 million units, thanks to higher demand driven by the tourism recovery. The higher volume of foreign arrivals has increased demand for motorcycles, said Surapong Paisitpatanapong, vice-chairman of the FTI and spokesman for the FTI’s Automotive Industry Club. Production for the […]

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Thailand: TAT homes in on Asian expatriate segment

The Tourism Authority of Thailand (TAT) is eyeing Asian expatriates, including Chinese nationals residing in Laos and Cambodia, due to their increasing wealth and demand for sending their children to study in Thailand. Oranooch Pakapan-Rutten, TAT’s marketing representative in Cambodia and Laos, said Japanese, Korean and Chinese investors residing in Cambodia and Laos frequently cross the border […]

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Thailand: Manufacturers seek steps to reduce costs

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, […]

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Thailand: Banks urged to improve fraud protection models

Half of the Thai participants in a study released by Fico, a leading global provider of analytics software, believe it’s okay to exaggerate income on loan applications and insurance claims. The consumer fraud survey explored preferences and attitudes towards fraud checks, revealing that half of Thai respondents were willing to commit fraud to obtain a loan […]

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Thailand: Group makes plans for tourism future

The Federation of Thai Tourism Associations (Fetta) is hoping its revival will allow for a more flexible workflow and agenda-based development, after seven tourism associations recently quit the Tourism Council of Thailand (TCT) and joined Fetta. Adith Chairattananon, Fetta representative and honorary secretary-general of the Association of Thai Travel Agents (Atta), said the federation will drive policies […]

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