Thai Feb exports rise 16.2per cent y/y, beat forecast
Thailand’s exports rose by a more than expected 16.2per cent in February from a year earlier on improved global demand while the Russia-Ukraine war had yet to affect trade, the commerce minister said on Thursday.That compares with a forecast for a rise of 10.2per cent ...
Thai agricultural products enjoying export growth spurt
Thailand’s agricultural product exports grew 17 per cent last year despite the Covid-19 pandemic, the Office of Agricultural Economics said.Chanthanon Wankhajorn, secretary-general of the Office of Agricultural Economics, said exports of Thai agricultural products from January to December last year were valued at Bt1.3 trillion, ...
The Nation Reporter
RCEP begins as SMEs hold breath
After much deliberation, the Regional Comprehensive Economic Partnership (RCEP) trade pact is expected to become effective today.The pact was signed on Nov 15, 2020, by the 10 Asean member countries along with five Asean free trade agreement (FTA) partners. At least six members of Asean ...
Phusadee Arunmas
State shipping company to fly 'hub' flag
The government plans to set up a national shipping line company to promote Thailand as a regional logistics hub for maritime trade.Government spokesman Thanakorn Wangboonkongchana said on Sunday that Prime Minister Prayut Chan-o-cha instructed state agencies to study the possibility and cost-effectiveness of setting a ...
Bangkok Post Reporter
Thai food exports remain untouched by Covid crisis
Despite the Covid-19 fallout, the food and beverage industry has proved to be a stable income generator for most Thai exporters.Ronnarong Poonphiphat, director of the Trade Policy and Strategy Office (TPSO), said food and beverage exports accounted for 73 per cent of total exports in ...
The Nation Reporter
Jan-Sept exports rise 15.5% y/y
Thailand’s exports rose more than expected in September from a year earlier, helped by trade partners’ economic recovery, a weak baht and government trade promotion, the commerce minister said on Tuesday.Exports, a key driver of growth, increased 17.1% in September from a year earlier, beating ...
Minister to submit letter on CPTPP
Thailand’s decision on whether to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is becoming clearer, as Foreign Minister Don Pramudwinai is expected to submit a letter of intent soon for the country to apply to join the pact to the cabinet for ...
Phusadee Arunmas
Border trade clocks up 41.70% growth in July [Video]
Exports across Thai borders rose to over 90 billion baht in July, a 41.7 percent increase. Deputy Prime Minister and commerce minister, Jurin Laksanawisit, said Thailand’s border commerce and trade grew 29 percent to a value of 147 billion baht in July.Keep watching ...
Weak baht helps Thai exports surge in July
Thai exports are maintaining their growth momentum, surging by 20.2% year-on-year in July despite ongoing Covid-19 outbreaks.The increase was boosted by the robust global economic recovery, depreciation of the Thai baht, rising oil prices, and export promotions by the Commerce Ministry and the private sector.The ...
Phusadee Arunmas
MPI forecast revised up to 4-5% on export growth
Thailand’s manufacturing production index (MPI) is expected to grow by 4-5% this year, up from an earlier forecast of 2-3% made by the Office of Industrial Economics (OIE), due mainly to fast-growing exports.The adjustment in the forecast was announced as the OIE reported the MPI ...
Lamonphet Apisitniran