News
State upbeat on cross-border trade
The government expects cross-border trade prospects to fare better than an earlier forecast thanks to buyers’ confidence in the quality of Thai products and the economic recovery of neighbouring countries.The bullish forecast also stems from efforts by the ministry to address traffic congestion at border ...
Phusadee Arunmas
Government upbeat as cross-border trade rises
Cross-border trade rose by 26.7% in the first four months, increasing the government’s confidence such trade will grow by 3-6% this year after declining 1.7% in 2020.Commerce Minister Jurin Laksanawisit revealed on Tuesday the country’s overall cross-border trade, including transit trade, tallied 526 billion baht ...
Phusadee Arunmas
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
Cross-border trade with Myanmar via Ranong looking up
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 Nation Reporter
Cross-border trade drops by over 9% in first half
Thailand’s cross-border trade fell by 9.18% year-on-year in the first half, attributed to lockdown measures and the slowing economies of neighbouring countries.The Foreign Trade Department reported overall cross-border trade, including transit trade, totalled 627 billion baht for January to June, with Malaysia the biggest partner ...
Phusadee Arunmas
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 activity slips to start year
Thailand’s cross-border trade fell by 6.5% year-on-year in the first two months of 2020 as the spreading coronavirus snarled the global economy and logistics systems, particularly in southern China.The Foreign Trade Department on Tuesday said the country’s overall cross-border trade, including transit trade, totalled 171.31 ...
Phusadee Arunmas
Cross-border trade, tourism promoted
Cross-border trade and tourism are being promoted at Baan Khao Din border checkpoint in Sa Kaeo province which has been upgraded to permanent status.The Department of Foreign Trade, under the Ministry of Commerce, has confirmed that Baan Khao Din border checkpoint in Khlong Hat district ...
Tewit Kemtong
Ministry plans new rail route to Cambodia
The Transport Ministry is planning to open a new rail route to link Sa Kaeo’s Aranyaprathet district with Cambodia to facilitate cross-border trade, and boost tourism around the eastern border of the country. Transport Minister Arkhom Termpittayapaisith said that the new rail route, which will ...
Thodsapol Hongtong
Border, transit trade tilt up, China transit trade soars
Both Thailand’s trade with neighboring countries and its transit trade increased slightly in January, the Foreign Trade Department said on Monday. The department said combined border and transit trade accounted for 119 billion baht, up 1.84% from the same period of last year. Keep reading ...
Bangkok Post Reporter