Economy and commerce
Small and medium enterprises (SME)
Thai export market shows robust recovery as global economy slowly wakes up
The value of Thai exports in April had hit more than US$20 billion for three consecutive months, recording a growth of 13.09 per cent – the highest in 36 months.At the same time, Thai imports rose by 29.79 per cent to $21.25, especially the import ...
The Nation Reporter
April export gain likely more than 10%
Thai exports are maintaining healthy growth momentum and likely increased by more than 10% in April, says Commerce Minister Jurin Laksanawisit.Mr Jurin revealed on Friday the country’s exports have passed the low point, with outbound shipments increasing by more than 10% in April from US$18.9 ...
Bangkok Post Reporter
Up to 80% of SMEs hit by lack of liquidity, 100,000 may close for good if Covid crisis persists
About 70 to 80 per cent of small to medium-sized enterprises (SMEs) are suffering from a lack of liquidity since the third Covid-19 wave hit Thailand in late March and 100,000 could close for good, warned Saengchai Theerakulwanich, president of the Federation of Thai SMEs, ...
The Nation Reporter
Online seminar aims to put more SME products on big retailers’ shelves [Video]
A new campaign has been launched to help SMEs weather the COVID-19 crisis, with an online seminar recently being held to give entrepreneurs insight into modern trade markets to encourage more SMEs to sell their products at shopping malls and supermarkets, where they can reach ...
State hurries GI registration
Thailand is speeding up registration of geographical indication (GI) products in four countries to prevent foreign sellers from claiming they make the products and helping to increase Thai exports during the pandemic this year.GI is a certificate indicating goods with unique characteristics come from certain ...
Phusadee Arunmas
Export growth for March seen at 8%
Commerce Minister Jurin Laksanawisit expects 8% growth of exports in March, driven partly by a squad of national and provincial “salesmen” who are helping arrange online business matching between Thai exporters and foreign buyers to boost trade.The forecast, which followed the latest assessment of export ...
Phusadee Arunmas
Thailand Has Never Used Exchange Rate to Gain Unfair Trade Advantage
The Bank of Thailand (BoT) has asserted that it has stepped into the market only to curb volatility in the baht, and Thailand has never used the exchange rate as a tool to gain an unfair trade advantage.BoT assistant governor Chantavarn Sucharitakul said the central ...
NNT Reporter
Exporters want 'slow' DLD probed
Activist Srisuwan Janya will today ask the National Anti-Corruption Commission (NACC) to investigate the Department of Livestock Development (DLD) after traders complained its staff spent too much time inspecting meat, leading it to become rotten.“The DLD even campaigns about the safety of animal meat before ...
Bangkok Post Reporter
Commerce Ministry boosts Thai food exporters with Covid Prevention Best Practice Certificate
The Commerce Ministry has launched the “Thailand Deliver with Safety” campaign to boost confidence in Thai food products during the Covid-19 pandemic, highlighting safe manufacturing practices.In 2020, four government ministries – Commerce, Public Health, Agriculture and Cooperatives and Interior – jointly signed an MOU on ...
The Nation Reporter
Marine Department’s new regulation eases container shortage [Video]
The Marine Department has implemented more relaxed regulations for cargo vessels calling at seaports, to help mitigate the shortage of shipping containers, ensuring capacity for an expected post-COVID-19 trade growth.Keep watching ...
