News
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
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 ...
Commerce Ministry commits to container solutions
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 ...
Phusadee Arunmas
Exports seen up 3-4% this year, but strong baht weighs -shippers
Thailand’s exports are expected to grow by 3% to 4% this year as the global economy recovers, but a stubbornly strong baht currency remains a worry, the shippers’ council said on Tuesday.Exports, a key driver of growth, could perform better than expected on vaccine developments ...
Export recovery poised to continue, says BoT
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% ...
Somruedi Banchongduang
Virus takes Bt6.5bn bite out of Thai chicken exports
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 ...
The Nation Reporter
New Covid wave, shortage of containers, strong baht all hitting export sector: TNSC
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 ...
The Nation Reporter
The Commerce Ministry sees gradual recovery in Thai exports in 2021
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 ...
Panithan Onthaworn
Minister admits Covid-19 outbreak exposed cracks and faults in Thai economy
The Covid-19 outbreak that hit Thailand since April has exposed the fragility of the economy and shed light on the fact that we rely too much on export and tourism, Deputy PM Supattanapong Punmeechaow said.The deputy PM, who also holds the Energy portfolio, was speaking ...
The Nation Reporter