The December 2023 Industrial Confidence Index decreased from a slowdown in production capacity during the New Year period.


Bangkok, The Federation of Thai Industries revealed The Industrial Confidence Index in December 2023 decreased due to a slowdown in production capacity during the New Year period. It is predicted that the next 3 months will still be lower than in November 2023, with concerns about the minimum wage adjustment. Ready to propose that the government sector support Easy E-Receipt to stimulate the economy.

Mr. Kriengkrai Thiennukul, Chairman of the Federation of Thai Industries (F.T.I.), discussed the results of the industrial confidence index survey. For December 2023, it was at the level of 88.8, decreasing from 90.9 in November. When considering the components of the index, it was found that almost every component decreased, including the index, overall orders, overall sales, production volume. and operating results, while the operating cost index increased.

As for the reason for the decline, there are risk factors from the production sector slowing down. Due to the short working days and the continuous holid
ay during the New Year Festival In addition, manufacturers have accelerated production in the previous period. Meanwhile, consumers’ purchasing power has not yet fully recovered from the problem of household debt remaining stable at a high level. At the same time, there is still the problem of severe price competition. In addition, the construction sector slowed down, especially government construction projects. As a result, the demand for construction material products decreased.

On the export side, there is a problem of rising freight rates. In the case of the Houthis in Yemen attacking commercial shipping ships passing through the Red Sea. It affects the transportation of goods, especially between Asia and Europe. However, there are still positive factors in December from the demand for consumer products and fashion products. that increased during the New Year festival and the benefits of the expansion of the tourism sector Meanwhile, the export sector continues to improve as demand from trading partners
gradually recovers. In addition, the government’s measures to subsidize energy prices By reducing the price of oil and electricity. Helps reduce costs for entrepreneurs

Mr. Montree Mahaprukphong, Vice President of F.T.I. Said that from a survey of 1,309 entrepreneurs covering 46 industry groups of the Federation of Thai Industries (F.T.I.) in December 2023, it was found that the factors that entrepreneurs are increasingly concerned about include the global economy at 81.1 percent, the rate Loan interest 72.2 percent exchange rate (Exporter’s perspective) with the exchange rate referring to the baht against the US dollar at 45.2 percent, respectively. Factors that are of concern have decreased, including oil prices 48.5 percent, the domestic economy 43.0 percent, the political situation in the country 38.5 percent, according to number

Meanwhile, the index forecast for the next 3 months is at 96.2, down from 97.3 in November. There are concerns about the increase in the minimum wage that will affect operating
costs. As well as the uncertainty of geopolitical conflicts, it results in commodity prices. (commodities) increased both energy and raw material prices. However, there are still supporting factors from the Easy E-Receipt measure, which is a tax reduction measure for 2024, helping to stimulate domestic consumption during the period 1 January – 15 February 2024.

F.T.I. Propose guidelines that the government should take to stimulate the economy, including:

1) Support the Ministry of Energy in restructuring all types of energy to be fair to users. and should allow relevant sectors to participate in providing opinions through the Energy Regulatory Commission.

2) Propose that the government issue measures to help and alleviate the effects of the problem of rising freight rates due to the unrest in the Red Sea. Especially shipping container lines on routes between Asia and Europe.

3) Ask the Revenue Department to expedite public relations and facilitate small and medium sized shops. In submitting a request for
the issuance of an electronic tax invoice (E-Tax) in order to be able to participate in the Easy E-Receipt project, which will help expand opportunities for selling products and services.

Source: Thai News Agency

Local products favoured for Tet gift hampers

_: Local products are favoured by customers and chosen for Tet gift hampers. According to many small retailers, this year customers have prioritised buying Tet gift sets of regional specialities or OCOP items with mid-range prices instead of expensive gift boxes that have imported products and beautiful designs. Besides gift sets, retailers are also offering free packaging to customers who want to choose products to put in gift hampers. During the year-end period, retailers have been displaying many kinds of Tet (Lunar New Year) gift sets to serve the shopping and gifting needs of consumers. Gift baskets from supermarkets and enterprises include typical items for Tet such as confectionery, cooking oil, soft drinks, instant coffee, wine, and jams.

Source: Vietnam News Agency

Husband shoots wife and mother-in-law before pulling the trigger and killing 3 people in total.


Khon Kaen, Police, Khok Pho Chai Police Station Investigate the incident of a husband shooting his wife and mother-in-law. Before pulling the trigger, 3 people were killed, presumably because of jealousy, fearing that the woman would share her heart with another man.

Police, Khok Pho Chai Police Station along with evidence and rescue Inspected a house in the area of ??Ban Khok Subdistrict, Khon Kaen Province, after receiving a report of a murder. Three people were found dead: Mr. Kraipop, 39 years old, the perpetrator, Mrs. Manee, 52 years old, mother-in-law, Mrs. Chanadda, 35 years old, the wife of the perpetrator, and a 9 mm gun at the scene near the location. Found a corpse

Initially, it was learned that the perpetrator had traveled from other provinces and returned home. To celebrate his wife’s belated birthday But he found his wife secretly chatting with another man. until jealousy arises So there was an argument. and took action .

Source: Thai News Agency

Traditional craft villages in Quang Ngai step up production to meet rising demand

_: Craft villages in the central province of Quang Ngai are speeding up production to meet market demand during the upcoming Lunar New Year (Tet) Festival which falls on early February this year. Customers are more interested in traditional cakes and candied products during Tet, especially Quang Ngai’s OCOP products, thanks to its eye-catching designs. Each product has a barcode and QR code for traceability. Quang Ngai has around 5,500 rural facilities making agricultural products, and many are rated three- and four- star OCOP items and have seen improvements in design, quality and distribution.

Source: Vietnam News Agency

Hurry to help the injured person. Compensation for the family of the deceased


Davos City, The Prime Minister regrets the firework factory explosion at Suphanburi. Order the governor to rush to send the injured for treatment. Compensate the deceased Check whether the factory is legal or not. Proceed to the end Make innocent people suffer

Reporters reported that While attending the World Economic Forum (WEF) meeting in Davos, Swiss Confederation, Prime Minister and Minister of Finance Settha Thavisin continued to follow the situation in Thailand at all times. It became known that there had been an explosion at a fireworks factory in Suphanburi Province. damage There were deaths and injuries.

The Prime Minister orders the Governor of Suphanburi Speed ??up to resolve the situation. Help people at the scene and surrounding area. by expediting delivery to the hospital Along with expressing condolences to the family and relatives of the deceased. By ordering full assistance and compensation

The Prime Minister ordered an inspection of the factory to see if it was operating legally or not.
Was the explosion caused by carelessness? Must proceed according to the law to the utmost. Because the dead and injured were innocent.

Source: Thai News Agency

Arresting girlfriend who burned her legs and sent her to the Juvenile Court.


Chonburi, Arresting a 16-year-old girl whose boyfriend burned a young chauffeur’s tires. Send to the Juvenile Court Interrogated in front of a multidisciplinary team As for the perpetrator and mother Expected to be sent to jail today

In the case where the body of Mr. Thanathip was found A young man drives a shuttle through a famous application. A rubber seat was burned at the entrance to Tham Pratun Temple, Pong Subdistrict, Bang Lamung District, Chonburi Province. Later, the police tracked down and arrested three people, including Mr. Teeraphon, age 23, the person who stabbed, robbed, and destroyed the body, and Ms. Eli. Ya, 51 years old, mother of the perpetrator. Help conceal and destroy the corpse by burning the rubber tree. and the girlfriend of Mr. Teeraphon, age 16, joined together to rob the deceased’s car and destroy the body.

Recently, Huai Yai Police Station brought in the girlfriend of the stabber. Sent to the Juvenile and Family Court, Chonburi Province to conduct an interrogation in front of
a multidisciplinary team according to legal procedures As for Mr. Teeraphon and his mother, they are undergoing further questioning by investigators. He is expected to be sent to the Pattaya Provincial Court today.

Mr. Teeraphon confessed that The incident occurred due to anger after the deceased complained about not having money to pay the fare. So he used the knife he carried to stab him to death. and together with his girlfriend took the deceased’s car. Then he called his mother before the three of them worked together to hide and destroy the body. By burning the rubber tree .

Source: Thai News Agency

Cabinet Extends Diesel Excise Tax Cut


BANGKOK, The Cabinet on Tuesday approved diesel tax cut, aiming to stabilize prices at not exceeding 30 baht/liter for three months.

The Cabinet has approved a reduction in the excise tax rates for diesel and similar oils by one baht per liter for a period of three months, starting from January 20, 2024, until after the Songkran Festival on April 19. This measure aims to prevent a rapid increase in diesel prices, mitigating the impact on the cost of living for the public and businesses.

The measure will cost the government two billion baht per month in tax revenue, totaling six billion baht during the specified period.

Moreover, the Cabinet also approved budget spending of 3.6 trillion baht for fiscal year 2025, along with budget deficit of 713 billion baht. The government will tighten allocations to ensure alignment with state policies.

Source: Thai News Agency

Viriyah Insurance Support scholarships for students in the northern region


Mr. Prasarn Nilmanat, Director and Company Advisor Viriya Insurance Public Company Limited is the representative to offer donations to Phra Phawanarattanayanan Wi. (Ariyachat Ariyajitto), the abbot of Saeng Kaew Bodhiyan Temple, accepting donations of 1 million baht to support the granting of scholarships to students with good results. Studying well but lacking funds at schools in the Northern Educational Service Area at Wat Saeng Kaew Phothiyan Chedi Luang Subdistrict, Mae Suai District, Chiang Rai Province

The company joins in supporting the scholarship fund this time. To aim to be a part in helping to promote and improve the educational quality of life of Thai youth. to receive equal educational opportunities Can learn new things To grow into a quality adult and is an important force for the country’s future development.

Source: Thai News Agency