FTI warns virus spread threatens exports
The ongoing Covid-19 outbreak is threatening to hinder the export sector from achieving its 8%-10% growth target as more factories are hamstrung by rising infections, says the Federation of Thai Industries (FTI).Kriengkrai Thiennukul, vice-chairman of the FTI, said disease transmission is affecting production capacity and ...
Lamonphet Apisitniran
Ministry to propose frameworks for FTAs
The Commerce Ministry looks set to propose negotiation frameworks for the Thai-EU free trade agreement (FTA) and Asean-Canada FTA for cabinet approval in the third quarter, aiming to boost the country’s exports.Speaking after the Joint Public and Private Sector Consultative Committee on Commerce meeting yesterday, ...
Phusadee Arunmas
Ministry ready for more mini-FTAs
Thailand aims to clinch deals to form deeper trade partnerships through “mini-FTAs” with Hainan, China and Telangana, India by August after the country on Monday inked a memorandum of understanding (MoU) to form a mini free trade agreement (mini-FTA) with Kofu city in central Japan.Commerce ...
Phusadee Arunmas
Exports seen rising more than 7% y/y in Q3
Thailand’s exports are expected to rise more than 7% in the third quarter from a year earlier and 6% in the final quarter of the year, lifted by higher global demand and a weaker baht, the Thai National Shippers’ Council said on Tuesday.Exports could grow ...
Online export channel logs orders worth THB10.15bn in first 6 months
Thai exports via a new online channel totalled 10.152 billion baht in the first half of 2021, the Department of International Trade Promotion reported on Monday.The online export platform www.thaifex-vts.com was used at the THAIFEX Virtual Trade Show on May 25 and will operate until ...
The Nation Reporter
Container shortage a bigger worry for shippers council than factory Covid clusters
The Thai National Shippers Council (TNSC) has revised upward its forecast for Thai exports in 2021, from 4-6 per cent growth to 6-7 per cent.Chaichan Charoensuk, chairman of TNSC, said in an exclusive interview that the export sector was the main engine to help drive ...
The Nation Reporter
Government upbeat as cross-border trade rises
Cross-border trade rose by 26.7% in the first four months, increasing the government’s confidence such trade will grow by 3-6% this year after declining 1.7% in 2020.Commerce Minister Jurin Laksanawisit revealed on Tuesday the country’s overall cross-border trade, including transit trade, tallied 526 billion baht ...
Phusadee Arunmas
Q2 exports seen up 15% y/y - shippers
Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday.While maintaining its export growth forecast of 6%-7% this year, the ...
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
