News

Poll suggests need for better strategy

Thailand is being urged to fine-tune its development strategy and rejig incentives to focus on promoting the nation as a production hub for health products like rubber gloves, supplements and medical devices in the wake of the coronavirus crisis.Aat Pisanwanich, director of the Center for ...

Phusadee Arunmas

Thai exports in May hit lowest level in years

Thailand’s exports in May amounted to $16.278 billion, the lowest in the past four years, the Trade Policy and Strategy Office said on Wednesday (June 24).Exports were hit due to the ongoing global Covid-19 crisis, its impact on consumers’ purchasing power, as well as the ...

The Nation Reporter

Industrial group supports Thailand joining CPTPP

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the move to make Thailand a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost the nation’s international trade in the post-pandemic period.The panel’s stance, unveiled on Tuesday by the ...

Lamonphet Apisitniran

Thai Chamber of Commerce mulls CPTPP

The Thai Chamber of Commerce is pondering whether to back a controversial proposal to have Thailand join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost international trade in the aftermath of Covid-19.The trade agreement involving a newly formed bloc of 11 Pacific ...

Phusadee Arunmas

Export-Import Bank of Thailand launches New Year schemes to help SMEs

In making the announcement, the bank’s president Pisit Serewiwattana noted that the 2019 global economic and trade expansion at 10-year low rates of 3.0 per cent and 1.1 per cent respectively and the prevailing low inflation and interest rates have dampened Thailand’s international trade.Keep reading ...

Commerce Ministry sets 4 clear strategies to boost export market

The Commerce Ministry has come up with four strategies to boost export next year, including plans to expand existing major markets, namely the US, European Union, Japan, China and Asean.Somdej Susomboon, acting director-general of the Commerce Ministry’s Department of International Trade Promotion, said the second ...

The Nation Reporter

Thai exports see 4% drop in August

Thai exports dropped 4 per cent in August, representing a loss of US$21.9 billion, largely as a result of imports being front-loaded to avoid US tariffs coming into effect on September 1, the Commerce Ministry reported on Friday.Keep reading ...

Somluck Srimalee

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