News
Cross-border movement down 7.6%
Thailand’s cross-border trade fell by 7.6% year-on-year in the first quarter as the coronavirus hit the global economy and led bordering countries to close dozens of checkpoints.The Foreign Trade Department on Tuesday said the country’s overall cross-border trade, including transit trade, totalled 264.97 billion baht ...
Phusadee Arunmas
Cross-border commerce falls short
Cross-border trade fell by 3.4% in 2019, weighed down by the strong baht, volatile foreign exchange and the prolonged trade war.The Commerce Ministry’s Foreign Trade Department said on Tuesday that the country’s overall cross-border trade, including transit trade, amounted to 1.337 trillion baht, falling short ...
Phusadee Arunmas
Special economic zone eyed in South
The procurement of land for a special economic zone in the South will be proposed during a mobile cabinet meeting on Tuesday.Benjathip Choodum, Narathiwat’s director of strategic development and information, said the proposal for 12 projects in Pattani, Yala and Narathiwat will be presented to ...
Mongkol Bangprapa
Thai gov't approves financial aid to 5th Thai-Lao Friendship Bridge
The Thai government on Tuesday approved financial assistance to Laos for the construction of the fifth Thai-Lao Friendship Bridge linking Thailand’s northeastern province of Bueng Kan with Lao’s central province of Bolikhamsai.“The fifth Thai-Lao Friendship Bridge had been approved in principle in the Cabinet’s resolution ...
Border trade drops 2.97 per cent in first 11 months of year
Border trade in the first 11 months of 2019 fell 2.94 per cent year on year to Bt1.23 trillion, the Department of Foreign Trade under the Commerce Ministry revealed.Keerati Rushchano, director-general of the department, said that Malaysia remained Thailand’s top trade partner among border countries ...
The Nation Reporter
Thailand hopes new Mae Sot bridge will boost trade with Myanmar
Thailand is counting on a new bridge connecting with Myanmar to increase border trade between the two countries. Transport Minister Saksayam Chidchob said after opening the second Thai-Myanmar Friendship Bridge that the new link between Mae Sot district and Myanmar’s Myawaddy will increase border trade ...
Assawin Pinitwong
Push to boost cross-border economic ties with Mekong-Lancang countries
Commerce Minister Jurin Laksanawisit said on Monday (October 7) that the Cabinet has approved a proposal for cross-border economic ties under the Mekong-Lancang cooperation framework.The director-general of the Department of Trade Negotiation has also been given the job of visiting Laos on October 8 to ...
The Nation Reporter
MoU signed to boost Thai-Myanmar border trade
Commerce Minister Jurin Laksanawisit said his ministry will be coordinating between businesses in Thailand and Myanmar to strengthen border trade and boost bilateral ties.Myanmar and Thailand also signed a memorandum of understanding (MoU) ton October 1 to boost the transfer of goods across the second ...
The Nation Reporter
Border trade contracts 0.07%
Trade growth in Thailand’s border areas has slowed down due to the struggling global economy and the ongoing trade war between China and the United States of America. In the first eight months of this year, Thailand’s border trade was valued at 915 billion baht, ...
Praphorn Praphornkul
Thailand-Myanmar Border Trade Fair
The Department of Foreign Trade (DFT), Ministry of Commerce, is organizing a Thai-Myanmar Border Trade Fair in Tak.Keep reading ...
Supawadee Wangsri