Thai industries confidence at 2-year high as activity recovers

Thailand’s industries sentiment in March reached a 25-month high, bolstered by a recovery in economic activity as Covid-19 restrictions were eased, an industries group said on Thursday. The Federation of Thai Industries (FTI) said its industries sentiment index rose to 89.2 in March from a drop to 86.7 in the previous month. “The overall situation is nearly normal. People are getting back to work and spending more money,” FTI Chairman Supant Mongkolsuthree told a news conference. However, industries are still worried about the Russia-Ukraine war, which has pushed up the price of energy and mat…

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