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Thai business sentiment hits 9-month low on border closure, tariffs

Thai business sentiment hits 9-month low on border closure, tariffs

Nikkei Asiaa day ago
A container is loaded onto a cargo ship docked at the port of Bangkok: Business sentiment in Thailand fell for the fourth straight month in June, partly due to worries over trade. © Reuters
YUICHI NITTA
BANGKOK -- Business sentiment in Thailand dropped to a nine-month low in June, as the country's trade was hampered by the closure of the Cambodian border, according to data released Wednesday by a major industry group.
The Federation of Thai Industries (FTI)'s monthly Industrial Confidence Index, based on a survey of 1,342 entrepreneurs in the group, fell to 87.7 last month from 88.1 in May, hitting its lowest point since September 2024.
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