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Thailand’s cross-border trade is expected to recover to growth of 3-6% this year, helped by Covid-19 vaccine distribution and the global economic recovery.According to Keerati Rushchano, director-general of the Foreign Trade Department, cross-border trade, which includes transit trade, is likely to generate 1.36 to 1.40 ...

A draft of qualifications for cryptocurrency investment by the Securities and Exchange Commission (SEC) is sparking heavy criticism from the public as it effectively bars the majority of Thais from trading digital currency by requiring them to have annual income of 1 million baht.The draft ...

Federation of Thai Industries (FTI) is warning Thai exporters to brace for non-tariff barriers (NTBs), likely to be imposed by developed countries on their products, if Thailand fails to increase the proportion of renewable energy in its energy portfolio.FTI’s Renewable Energy Industry Club chairman Suvit ...

Thailand’s exports grew 0.35 per cent year-on-year to USD 19.7 billion in January, below the market estimate of 2.7 per cent, officials said Tuesday.Imports in January were USD 19.90 billion, down 5.24 per cent from the same month in 2020, contributing to a trade deficit ...

Thailand’s food exports are forecast to recover to 7.1 percent growth this year, fetching 1.05 trillion THB (35 billion USD), driven by growing demand in the global market.The anticipated rise in farm and food prices, especially for chicken, sugar, tapioca products and pineapples, as well ...

Thai-Myanmar border trade through Ranong province in January 2021 grew by 3.94 per cent in value compared to the previous month, with Thai exports increasing by 6.12 per cent, Wanida Arunothai, chief of Ranong Provincial Commercial Office under the Ministry of Commerce, revealed.The main exports ...

The Department of International Trade Promotion’s (OBM) negotiations with Myanmar and Laos to help Thai logistics operators has yielded a trade value of more than Bt130 million, director-general Somdet Susomboon said on Wednesday.The two sets of OBM negotiations covered joint ventures, business cooperation, transportation and ...

The Securities and Exchange Commission (SEC) plans to transfer oversight of initial coin offerings (ICOs) for investment and utility tokens to the Securities Act in order to remove regulatory overlap and promote digital assets.Nopnuanparn Pavasant, director of the Fintech Department at the SEC, said the ...

The Commerce Ministry is scheduled to propose to parliament on Tuesday the ratification of the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world’s biggest free trade deal, signed by 15 nations in Asia-Pacific including Thailand last November.Sansern Samalapa, commerce vice-minister, said the ministry expects ...

The Commerce Ministry has pledged to speed up tackling the container shortage and open more border checkpoints to increase trade, aiming to reach the ministry’s goal of export growth of 4% this year.Speaking after the year’s first meeting of Joint Public and Private Sector Consultative ...