News
Improvement in December, but 2019 exports dip 2.65%
Thai exports last year contracted 2.65 per cent year-on-year to US$246.244 billion, Pimchanok Vonkorpon, director-general of Trade Policy and Strategy Office, said on Wednesday (January 22).Imports last year totalled $236.639 billion, down 4.66 per cent. Exports dropped 1.28 per cent in December year-on-year to $19.154 ...
The Nation Reporter
Exports see drop for 4th month
Exports fell for the fourth straight month in November, plunging by 7.39% year-on-year, attributed largely to lower oil and farm product prices, the world’s economic and trade slowdown, ongoing trade tensions between the US and China and baht appreciation.The Commerce Ministry reported on Monday customs-cleared ...
Phusadee Arunmas
Exports down 4.5% in October
Exports dropped by 4.5% year-on-year in October to US$20.8 billion, bringing the contraction in first 10 months of 2019 to 2.35% with a negative outlook, according to the Commerce Ministry.Pimchanok Vonkorporn, director-general of the ministry’s Trade Policy and Strategy Office, attributed the significant decline to ...
Bangkok Post Reporter
Low-income workers will be hard hit by a drop of exports
The falling Thai exports will hurt low-income workers the most as manufacturers are expected to hire less and cut overtime employment, affecting the purchasing power of these grassroot segment.The latest report from Krungsri Research Intelligence said although companies directly affected by a fall in Thai ...
China’s planned focus on domestic economy ‘will hit Thai exports badly’
Thai exporters will face the biggest challenge once China shifts its focus to its domestic economy as a result of is trade war with the United States.In an interview with Nationmultimedia Group, Chinese Ambassador to Thailand Lyu Jian confirmed that though China with continue supporting ...
Wichit Chaitrong
Thailand slashes 2019 exports estimates as trade war escalates
Thai exporters are expected to pay a heavy price as the ramping up of the US-China trade war continues.The US has now launched a new round of tariffs on Chinese imports. Last Friday US President Donald Trump tweeted: “Talks with China continue in a very ...
Phuwit Limviphuwat