News
China’s recovery is a boon for Thai export, tourism sectors: Govt
China’s reopening following the end of the Covid-19 crisis has proved to be a boon to Thailand’s economy, as the tourism and export sectors are making strong gains, government spokesman Anucha Burapachaisri said on Saturday.The recovery of China’s economy – the world’s second largest – ...
The Nation Reporter
Online export channel logs orders worth THB10.15bn in first 6 months
Thai exports via a new online channel totalled 10.152 billion baht in the first half of 2021, the Department of International Trade Promotion reported on Monday.The online export platform www.thaifex-vts.com was used at the THAIFEX Virtual Trade Show on May 25 and will operate until ...
The Nation Reporter
April export gain likely more than 10%
Thai exports are maintaining healthy growth momentum and likely increased by more than 10% in April, says Commerce Minister Jurin Laksanawisit.Mr Jurin revealed on Friday the country’s exports have passed the low point, with outbound shipments increasing by more than 10% in April from US$18.9 ...
Bangkok Post Reporter
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
Thai exports to China in some sectors defy Covid-19 impact
Thailand’s exports to China were able to grow in some industries such as plastic, automotive spare parts and agricultural products despite the outbreak of Covid-19, Suphan Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), said.He was speaking after a meeting with Li Zhigang, vice-chairman ...
The Nation Reporter
Commerce Ministry urges industries to increase their exports until early 2020
Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said on Wednesday (December 4) that his ministry has held discussions with the Thai Chamber of Commerce, the Federation of Thai Industries and representatives from the private sector, asking them to accelerate the export of products that ...
The Nation Reporter
US agrees to consider Thailand’s request for a review of GSP cuts
The United States has agreed to consider Thailand’s request for a review of the suspension of trade preferences for Thai exports, under the Generalized System of Preferences (GSP) program, in order to mitigate the impacts on the Thai private sector.The US move was conveyed to ...
Thailand Seeks US Talks After Trade Privileges Loss
Thailand plans to seek talks with the United States on a decision to end preferential trade privileges on a range of Thai exports including seafood, officials said Monday.Keerati Rushchano, acting director-general of the Commerce Ministry’s Foreign Trade Department, said his office has been warning exporters ...
Associated Press
Trump’s GSP seafood cut gives Thailand 2020 GDP an early whack
The struggling Thailand economy received an unexpected whack for the year ahead yesterday (Oct 26) when US President Donald Trump suspended $1.3 billion worth of duty-free trade for Thai items, including seafood, under the Generalized System of Preferences (GSP) programme.Keep reading ...
John Le Fevre
Thai Government claims GSP move by US unrelated to chemicals ban
Prime Minister Prayut Chan-o-cha became aware of the US plan to suspend US$D1.3 billion in trade preferences for Thailand, under the Generalized System of Preferences program, about a month ago and says the US action is not related to Thailand’s banning of paraquat, glyphosate and ...