Thailand's industrial sentiment rose for the first time in three months in June, bolstered by higher domestic demand, but sluggish exports and uncertainty over the formation of a new government remained a worry, an industries group said on Monday.
The Federation of Thai Industries said its industrial sentiment index rose to 94.1 in June from 92.5 in May.
While domestic demand has been supported by a continued recovery in the vital tourism sector, soft global demand continues to crimp Thai exports, a key driver of Thailand's growth, the FTI said in a statement. The FTI expects 29 to 30 million foreign tourists this year, compared with nearly 40 million in pre-pandemic 2019, FTI vice chair Montri Mahaplerkpong told a briefing.
Political uncertainty persists after Thailand's May national election as a new government has yet to be formed, the FTI said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India's ICICI Bank posts 40% jump in April-June net profitICICI Bank , India's second-largest private lender, reported a 39.7% increase in April-June net profit on Saturday, helped by higher interest income and loan growth.
Read more »
Alameda Police say there were over 100 reported vehicle thefts in JuneAlameda Police released their June crime statistics report on Thursday detailing the number of crime reports, such as stolen vehicles and catalytic converter thefts.
Read more »
Lake County man charged in June shootingA suburban man was charged with shooting a home in Green Oaks last month.
Read more »
Hotter temperatures make a comeback Sunday in metro Denver, with triple-digits possible on MondayLate July monsoons stuck in the Four Corners region for now
Read more »
‘NBC Nightly News’ will broadcast live from Anchorage on Monday“NBC Nightly News” will broadcast live from Anchorage on Monday, with anchor Lester Holt — who has a personal connection to Alaska — presenting a newscast focusing on the nation’s air defense capabilities in the state.
Read more »
A warm Sunday with a showery Monday on the wayMore sunshine Sunday with temps near 80, but change is on the way as we start the work week! We'll see a chance for showers with below average highs. FOX13
Read more »