Trade

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 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 ...

The Ministry of Commerce is monitoring the situation in Myanmar to assess the situation and prepare to deal with any impact on exports and trade between Thailand and Myanmar.Keep watching ...

Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.In December, the value of merchandise exports grew by 4.6% ...

The Covid-19 crisis drove down Thai exports of processed, refrigerated and frozen chicken in 2020 to 945,000 tonnes worth Bt105 billion, from 950,000 tonnes worth Bt111.5 billion in 2019, said the Thai Broiler Processing Exporters Association on Friday.“The outbreak resulted in lockdowns in Japan and ...

Thai National Shippers Council (TNSC) expects exports this month to only grow by 3 to 4 per cent, as the new wave of Covid-19 infections is expected to further affect the export sector.TNSC president Kanyapak Tantipipattanapong, however, admitted that the new normal and the work-from-home ...

Factory activity across Asia — including Thailand — continues to gain momentum, spurred by strong demand for the region’s exports, purchasing managers’ indexes show.Japan’s PMI rose to 50 in December, its highest reading since April 2019, according to Jibun Bank and IHS Markit. Taiwan’s PMI ...

The Ministry of Commerce on Wednesday estimated Thailand’s exports in 2021 to gradually recover, with a 4 per cent growth following signs of a better global trade, COVID-19 vaccines, and economic stimuluses in many countries.Thai exports saw less contraction at 3.65 per cent year-on-year in ...