Economy and commerce
Small and medium enterprises (SME)
Commerce Ministry sees possibility for 2020 export growth
Despite exports falling in February and the stampede of negative factors that have ensued, the Commerce Ministry still sees room for Thai export growth this year.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said Thailand is competent in the food and agricultural industries ...
Phusadee Arunmas
Partners vow to press on with signing RCEP deal
Dialogue partners remain committed to signing the Regional Comprehensive Economic Partnership (RCEP) by the end of the year as scheduled despite the spreading coronavirus, which has put off most face-to-face meetings of Asean, the World Trade Organization, the Asia-Pacific Economic Cooperation and the RCEP in ...
Phusadee Arunmas
Stimulus measures boost SET by 8%
Fresh stimulus measures announced by governments and central banks hiked the value of stocks in Thailand by almost 8 per cent on Friday (March 20).Cheered further by the rebounding crude oil price, the Stock Exchange of Thailand (SET) index closed at 1,127.24 for an increase ...
The Nation Reporter
LTFT forecasts land exports to dip
Land transport from Thailand is expected to drop sharply this year.The Land Transport Federation of Thailand (LTFT) expects shipments overland to continue to drop because of the Covid-19 outbreak limiting demand worldwide.The organisation is concerned food exports will be particularly affected as food products and ...
Lamonphet Apisitniran
Thai exports to China in some sectors defy Covid-19 impact
Thailand’s exports to China were able to grow in some industries such as plastic, automotive spare parts and agricultural products despite the outbreak of Covid-19, Suphan Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), said.He was speaking after a meeting with Li Zhigang, vice-chairman ...
The Nation Reporter
Suspension of GSP to affect exports of 573 Thai products
The US suspension of tariff privileges under the Generalised System of Preferences (GSP), which comes into effect on April 25, will affect 573 Thai products, a Cabinet meeting on March 3 was told, Deputy Government Spokeswoman Rachada Thanadirek said.The businesses in the listed products will ...
The Nation Reporter
Crisis has markets pleading for stability support
A panic-selling spree ignited by mounting coronavirus infections across the globe caused another free fall for Thailand’s stock market, prompting consultants to urge the Finance Ministry to rethink expired tax deduction privileges for long-term equity funds (LTFs) and help stabilise market conditions.Keep reading ...
Bangkok Post Reporter
Thailand Now Has the World’s Worst Stock Market
Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer.Thailand’s SET Index’s 5.1% slump on Wednesday, most in six years, came after the government said confirmed cases of the ...
Virus panic pushes SET off a ledge
Thailand’s benchmark equity index tumbled to its biggest one-day loss since 2014, plunging below 1,400 points as rising local coronavirus infections shattered already fragile investment sentiment.The Thai bourse was the biggest loser in Asia-Pacific for the second time in three days.Keep reading ...
Bangkok Post Reporter
Exports up for first time in 6 months
Exports rose for the first time in six months in January, largely driven by shipments of oil and gold.The Commerce Ministry reported on Monday that customs-cleared exports rose 3.35% year-on-year in January, fetching US$19.62 billion, with imports dropping 7.86% to $ 21.18 billion, generating a ...
Phusadee Arunmas