News
Border trade in June up 41.68% from last year
Thailand’s border and transit trade in June surged 41.68 per cent from same period last year, the Commerce Ministry reported on Wednesday. Total border-transit trade last month was worth 146.094 billion baht.Trade with four neighbouring countries was topped by Malaysia with a rise of 15.33 ...
The Nation Reporter
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 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 commerce falls short
Cross-border trade fell by 3.4% in 2019, weighed down by the strong baht, volatile foreign exchange and the prolonged trade war.The Commerce Ministry’s Foreign Trade Department said on Tuesday that the country’s overall cross-border trade, including transit trade, amounted to 1.337 trillion baht, falling short ...
Phusadee Arunmas
CLMVT touted as global value chain
The area of the CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) is being urged to upgrade to become a new global value chain to accommodate the new economy and offset the world’s economic uncertainties.Keep reading ...
Phusadee Arunmas
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
Border economies expected to retain high volumes
Thailand’s border trade remains on course for healthy growth after rising 6.8% year-on-year in the first half of the year amid higher demand for Thai goods. According to Wanchai Varavithya, deputy director-general of the Foreign Trade Department, overall border trade, including transit trade, amounted to ...
Phusadee Arunmas