ID :
153779
Fri, 12/17/2010 - 16:28
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http://m.oananews.org//node/153779
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Thailand’s industry confidence index rose in November
BANGKOK,Dec 17(TNA)-As a result of many factors, Thailand’s industry confidence index rose in November but operators are still concerned about fuel prices and exchange rates.
Payungsak Chartsutipol, chairman of the Federation of Thai Industries (FTI), reported that the industry confidence index stood at 99.7 points in November and slightly rose from 98.7 points in October this year because the national economy was expanding well, production for local distribution grew continuously, flooding disappeared and political problems started to be relieved.
The FTI Chairman said the Thai industry confidence index in the next three months should stand at 113.6 points, rising from 110.1 points in October. This is because operators expect increases in overall orders, sales and production and thus better operational results.
He said the biggest concern of operators centres on fuel prices. Other important concerns are foreign exchange rates, global economic situations and political situations.
Meanwhile, Surapong Paisitpattanapong, spokesman of the Automotive Industry Club of the Federation of Thai Industries, reported that automobile sales in Thailand in November amounted to 78,874 vehicles. The figure demonstrates a continuous growth as well as the highest sales amount in 47 months. The automobile sales rose by 9.53% from October 2010 and by 38.3% from November last year.
Surapong further said the overall national economy is improving. Consumers’ purchasing power is stronger. Compact cars are still popular and their sales have been rising since the beginning of this year.(TNA)
Payungsak Chartsutipol, chairman of the Federation of Thai Industries (FTI), reported that the industry confidence index stood at 99.7 points in November and slightly rose from 98.7 points in October this year because the national economy was expanding well, production for local distribution grew continuously, flooding disappeared and political problems started to be relieved.
The FTI Chairman said the Thai industry confidence index in the next three months should stand at 113.6 points, rising from 110.1 points in October. This is because operators expect increases in overall orders, sales and production and thus better operational results.
He said the biggest concern of operators centres on fuel prices. Other important concerns are foreign exchange rates, global economic situations and political situations.
Meanwhile, Surapong Paisitpattanapong, spokesman of the Automotive Industry Club of the Federation of Thai Industries, reported that automobile sales in Thailand in November amounted to 78,874 vehicles. The figure demonstrates a continuous growth as well as the highest sales amount in 47 months. The automobile sales rose by 9.53% from October 2010 and by 38.3% from November last year.
Surapong further said the overall national economy is improving. Consumers’ purchasing power is stronger. Compact cars are still popular and their sales have been rising since the beginning of this year.(TNA)
