Small and medium enterprises (SME)

Thailand’s export rose for a fourth consecutive month in November on the back of a consistent recovery in key trading partner markets, according to the Commerce Ministry.Shipment in the month increased by 4.9% to 23.48 billion USD, while import expanded 10.1% to 25.88 billion USD, ...

Thailand is scheduled to host a second round of talks on a free trade agreement (FTA) with the European Union (EU) at the end of January, reported the Bangkok Post.According to Chotima Iemsawasdikul, director-general of the Trade Negotiations Department, the Bangkok round of discussions will ...

Thailand’s exports rose by 4.9% in November compared to the same period last year, marking the fourth consecutive month of growth, the Commerce Ministry said recently.Data shared by the ministry suggests a positive trend towards a return to pre-pandemic levels, with an estimated growth of ...

Thailand is gearing up for the resumption of Free Trade Agreement (FTA) negotiations with the European Union (EU) after the talks were suspended in 2014 due to the coup. The talks should be completed in in 2025, said Commerce Minister Phumtham Wechayachai. Mr Phumtham said on ...

Many domestic industrial groups were struggling to survive as cheaper, substandard imported goods were flooding the market, the Federation of Thai Industries (FTI) said.These imported goods were often falsely labelled, fake and/or substandard, and clandestinely brought in and sold at prices 10-20% cheaper than the ...

Thailand is gearing up to commence agricultural exports to China via the Thai-Laos railway system from December, said Keniga Ounchit, the Prime Minister’s Office deputy spokesperson.This move follows collaborative efforts from various public and private sector agencies to finalise customs railway transportation documentation, opening the ...

Joining the BRICs alliance would present economic opportunities for Thailand, as the alliance, comprising Brazil, Russia, India, China, and South Africa, is enjoying strong negotiating power in trade agreements, according to former finance minister Thirachai Phuvanatnaranubala.Trade with China was extensive back in the days when ...

The Free Trade Agreement (FTA) with the Pacific Alliance (PA) has raised Thailand’s gross domestic product (GDP) by 0.04% and boosted trade by 16.75%, benefiting various Thai exports.That 0.04% increase is worth about US$200 million, according to Auramon Supthaweethum, director-general of the Department of Trade ...

After more than 30 years of exemption, the Thai Cabinet on Tuesday approved levying a financial transaction tax for trades in the Stock Exchange of Thailand (SET).The plan to tax SET traders has been around for 30 years, but it has always been waived by ...

The Thai Commerce Ministry has called for continued cooperation from manufacturers to maintain product prices as long as possible in order to curb the negative impact on consumers.This move came after manufacturers proposed to increase the prices of their products to cope with higher production ...