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 ...
Cross-border trade to grow up to 6%
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 ...
Phusadee Arunmas
FTI warns of energy impact on exports
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 ...
Yuthana Praiwan
Thai exports up less than expected in January
Thailand’s exports grew 0.35 percent year-on-year to USD 19.7 billion in January, falling short of the market estimate of 2.7 percent, officials said Tuesday.Imports in January were USD 19.90 billion, marking a 5.24 percent decline from the same month in 2020, contributing to a trade ...
Thailand’s food exports poised for 7.1 percent growth in 2021
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 ...