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Search Result for “$8 billion”

Showing 1 - 10 of 29

GENERAL

Study touts tech for firms

Business, Phusadee Arunmas, Published on 12/09/2024

» The International Institute for Trade and Development (ITD) provides policy recommendations to strengthen micro, small and medium enterprises (MSMEs) in the automotive and auto parts and fashion industries by leveraging innovative technologies with low-interest financing and a focus on new markets such as Africa, India and the Middle East.

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GENERAL

Floods in northern Thailand worry business chiefs

Phusadee Arunmas, Published on 02/09/2024

» The Thai Chamber of Commerce (TCC) expressed serious concern over the economic impact of the recent floods in several northern provinces, saying if the situation continued for a further month, the financial damage could exceed 10 billion baht.

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GENERAL

July sees highest export growth in 28 months

Business, Phusadee Arunmas, Published on 28/08/2024

» Exports in July expanded by 15.2%, the highest growth rate in 28 months, as inflation eased and the purchasing power of trading partners rose.

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GENERAL

B2tn cross-border trade targeted by 2027

Business, Phusadee Arunmas, Published on 27/08/2024

» The Commerce Ministry is targeting 2 trillion baht in cross-border trade by 2027, following a 10.4% increase in exports via the Sadao checkpoint in the first half of this year.

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GENERAL

Ministry sees 10% uptick in gems and jewellery exports

Business, Phusadee Arunmas, Published on 22/08/2024

» The Commerce Ministry anticipates exports of gems and jewellery to expand by 10% this year, attributed to increased demand in the global market, the continuing recovery in tourism, and expansion into new markets.

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GENERAL

Border and transit trade rise 3.6% in first half to B912bn

Business, Phusadee Arunmas, Published on 12/08/2024

» Border and transit trade in the first half of this year tallied 912 billion baht, up 3.6%, according to the Foreign Trade Department.

GENERAL

Consumer confidence slips again

Business, Phusadee Arunmas, Published on 07/08/2024

» Consumer confidence dropped for a fifth straight month in July, falling to its lowest level since September last year on concerns over the slow rate of economic recovery and political uncertainty, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

Global rice glut set to hit Thai exports

Business, Phusadee Arunmas, Published on 01/08/2024

» Thai rice exports are likely to be less than 8 million tonnes next year due to myriad risk factors hampering their competitiveness, which include a lack of research and development (R&D) for rice varieties, rising global supply, and the possibility of India lifting its rice export restrictions at year-end.

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GENERAL

Thai rice exports jump 25% in first half of 2024

Business, Phusadee Arunmas, Published on 31/07/2024

» Thailand expects to export 8.2 million tonnes of rice this year, up from a previous forecast of 7.5 million, helped by demand from major markets and a weakening baht, according to the Commerce Ministry.

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GENERAL

New partnership to boost future food

Business, Phusadee Arunmas, Published on 17/07/2024

» The Commerce Ministry and private sector are joining forces to develop the future food industry to add value to agricultural products, aiming to introduce a new growth engine to the Thai economy.