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Industrial sentiment hits lowest point since March 2020


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By Panithan Onthaworn

 

Thailand’s industrial sentiment index in July dipped to a 16-month low, dragged down as Covid-19 infections continued to rise despite semi-lockdown measures, the Federation of Thai Industries (FTI) said Monday.

 

The index, based on a survey of 1,386 businesses across sectors, fell for a fourth consecutive month to 78.9 points, down from 80.7 points in June.

 

The government’s semi-lockdown measures were “ineffective” in reducing the infections, FTI chairman Supant Mongkolsuthree told a briefing.

 

Full story: https://www.thaienquirer.com/31028/industrial-sentiment-hits-lowest-point-since-march-2020/

 

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Doesn't matter what country or what government, the biggest hurdle in running a successful business is always (and without fail) the government of the day. So when any government goes full-metal-jacket (as opposed to their usual locked and loaded), your business is screwed.

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