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Index dips to lowest level since October 2024

Bangkok Post

|

May 20, 2025

The Thai Industries Sentiment Index (TISI) fell to 89.9 points in April, the lowest level since October 2024, due to a raft of factors ranging from US President Donald Trump's tariff policy to the Songkran holiday, said the Federation of Thai Industries (FTI).

- LAMONPHET APISITNIRAN

The March 28 earthquake also affected the construction sector, especially high-rise building projects, while the Association of Thai Travel Agents announced in April that the number of Chinese arrivals is on the decline.

These factors daunted entrepreneurs’ business confidence.

"Long holidays during the Songkran festival were factored in as the number of working days reduced, affecting the industrial production capacity," said Apichit Prasoprat, vice-chairman of the FTI.

Trump’s tariffs are threatening to deal a further blow to the Thai economy, which has not seen significant growth so far this year, he said.

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