News
MPI forecast revised up to 4-5% on export growth
Thailand’s manufacturing production index (MPI) is expected to grow by 4-5% this year, up from an earlier forecast of 2-3% made by the Office of Industrial Economics (OIE), due mainly to fast-growing exports.The adjustment in the forecast was announced as the OIE reported the MPI ...
Lamonphet Apisitniran
FTI warns virus spread threatens exports
The ongoing Covid-19 outbreak is threatening to hinder the export sector from achieving its 8%-10% growth target as more factories are hamstrung by rising infections, says the Federation of Thai Industries (FTI).Kriengkrai Thiennukul, vice-chairman of the FTI, said disease transmission is affecting production capacity and ...
Lamonphet Apisitniran
Vaccine dispersal key to driving exports
The government is being urged to speed up allocation of Covid-19 vaccines to the manufacturing sector to increase exports, which are the only engine driving the country’s economy.Chaichan Chareonsuk, president of the Thai National Shippers’ Council (TNSC), said the group repeated its call for the ...
Exports seen rising more than 7% y/y in Q3
Thailand’s exports are expected to rise more than 7% in the third quarter from a year earlier and 6% in the final quarter of the year, lifted by higher global demand and a weaker baht, the Thai National Shippers’ Council said on Tuesday.Exports could grow ...
Exports show surprise bounce on global economic recovery
Thailand’s exports in May bounced by a better-than-expected 41.59 per cent from a year earlier, the highest rate seen in 11 years, from low base levels induced by the pandemic in 2020, the Ministry of Commerce said Thursday.The figure beat a Reuters forecast of a ...
Container shortage a bigger worry for shippers council than factory Covid clusters
The Thai National Shippers Council (TNSC) has revised upward its forecast for Thai exports in 2021, from 4-6 per cent growth to 6-7 per cent.Chaichan Charoensuk, chairman of TNSC, said in an exclusive interview that the export sector was the main engine to help drive ...
The Nation Reporter
Q2 exports seen up 15% y/y - shippers
Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday.While maintaining its export growth forecast of 6%-7% this year, the ...
Thai export market shows robust recovery as global economy slowly wakes up
The value of Thai exports in April had hit more than US$20 billion for three consecutive months, recording a growth of 13.09 per cent – the highest in 36 months.At the same time, Thai imports rose by 29.79 per cent to $21.25, especially the import ...
The Nation Reporter
State hurries GI registration
Thailand is speeding up registration of geographical indication (GI) products in four countries to prevent foreign sellers from claiming they make the products and helping to increase Thai exports during the pandemic this year.GI is a certificate indicating goods with unique characteristics come from certain ...
Phusadee Arunmas
Export growth for March seen at 8%
Commerce Minister Jurin Laksanawisit expects 8% growth of exports in March, driven partly by a squad of national and provincial “salesmen” who are helping arrange online business matching between Thai exporters and foreign buyers to boost trade.The forecast, which followed the latest assessment of export ...
Phusadee Arunmas