Economy and commerce

Small and medium enterprises (SME)

Asean paves path towards better FTAs

Thailand looks poised to improve free trade agreements (FTAs) under the Asean framework next year, aiming to extend tariff cuts to cover more products, particularly sensitive items.The Trade Negotiations Department also wants to upgrade agreements so they are in line with changing economic conditions.Keep reading ...

Phusadee Arunmas

Commerce Ministry urges industries to increase their exports until early 2020

Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said on Wednesday (December 4) that his ministry has held discussions with the Thai Chamber of Commerce, the Federation of Thai Industries and representatives from the private sector, asking them to accelerate the export of products that ...

The Nation Reporter

Shippers: Exports down, baht too strong

The Thai National Shippers’ Council predicts overall exports this year will be down 2.5-3% this year on earlier expectations, and wants the Bank of Thailand to stop the baht’s appreciation.TNSC chair Ghanyapad Tantipipatpong said on Tuesday the forecast shipment figures were based on an exchange ...

Bangkok Post Reporter

Investor confidence index remains neutral [Video]

The Federation of Thai Capital Market Organizations (FETCO) has warned investors of short-term risks associated with the volatility of the ongoing trade war between China and the United States, as the local capital market is still affected by the global economic slowdown.Keep watching ...

New rules to help SMEs raise capital

The Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission.The move will reduce unnecessary procedures and costs, and ...

Pathom Sangwongwanich

China to dominate CLMV as Thailand set to lose out

China is expected to dominate the CLMV market, with Thailand estimated to lose as much as 187 billion baht by 2022 as Cambodia, Laos, Myanmar and Vietnam are inundated with Chinese goods.According to Aat Pisanwanich, director of the Center for International Trade Studies at the ...

Phusadee Arunmas

Over 10 firms to launch green bonds next year

More than 10 companies are poised to launch green bonds next year, suggesting that environmental, social and governance (ESG) bonds are gaining ground in Thailand.The tentative green bond issuers are both listed and non-listed companies, said Sirivipa Supantanet, deputy secretary-general of the Securities and Exchange ...

Nuntawun Polkuamdee

Exports down 4.5% in October

Exports dropped by 4.5% year-on-year in October to US$20.8 billion, bringing the contraction in first 10 months of 2019 to 2.35% with a negative outlook, according to the Commerce Ministry.Pimchanok Vonkorporn, director-general of the ministry’s Trade Policy and Strategy Office, attributed the significant decline to ...

Bangkok Post Reporter

EU FTA could deliver Thai GDP boost

A free trade agreement (FTA) with the EU is likely to stimulate not only exports but imports and investment as well, helping to raise Thailand’s GDP by 1.63% a year, says a joint study by the Trade Negotiations Department and the Institute of Future Studies ...

Phusadee Arunmas

Lessons from the Asean Summit

As Thailand prepares to wind down its year-long chairmanship of Asean, it’s time to reflect on the state of the 10-country alliance and relations with its dialogue partners. Based on what happened at the 35th Asean Summit from Nov 2-4 in Bangkok, the outlook is ...

Patpon Sabpaitoon

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