Showing 31 - 40 of 233
Chamber urges caution on B10,000 giveaway
Business, Phusadee Arunmas, Published on 16/08/2023
» The Thai Chamber of Commerce is calling on the new government, likely headed by the Pheu Thai Party, to conduct a thorough economic assessment before proceeding with a proposed 10,000-baht digital cash giveaway policy.
Headline inflation edges up in July
Business, Phusadee Arunmas, Published on 08/08/2023
» Headline inflation was weaker than expected in July, helped by lower food and energy prices, while the Commerce Ministry projected the inflation rate in the following months until the end of the year to increase by less than 1% a month.
Food war room to monitor drought
Business, Phusadee Arunmas, Published on 08/08/2023
» A war room to be chaired by the commerce permanent secretary will be established to assess the impact of the El Niño weather phenomenon on Thai farm products, especially rice, along with preparing measures to mitigate the effects.
Meeting set to gauge drought
Business, Phusadee Arunmas, Published on 07/08/2023
» Commerce Minister Jurin Laksanawisit plans to call a meeting on Monday to assess the impact of the drought caused by the El Niño weather phenomenon, along with measures to address the impact.
Headwinds pose challenge for rice sector
Business, Phusadee Arunmas, Published on 04/08/2023
» The world is witnessing an alarming surge in global food threats. Devastatingly high temperatures caused by the El Niño weather phenomenon are wreaking havoc on farms across the globe, from the United States to China. Adding to the crisis, Russia's withdrawal from a crucial deal that facilitated the safe flow of Ukrainian grain across the Black Sea has exacerbated the situation.
Longan harvest down
Business, Phusadee Arunmas, Published on 01/08/2023
» Thailand's longan production in eight northern provinces is expected to see a drop of 40-50% this year due to severe hot weather and a reduction in the growing areas by farmers after prices dropped significantly over the past 2-3 years during the pandemic, which discouraged them from planting the crop.
Ministry still upbeat on export recovery
Business, Phusadee Arunmas, Published on 27/07/2023
» Despite economic uncertainties among Thailand's trading partners, China's slower than expected economic recovery, the vulnerable European economy, Russia's withdrawal from the Black Sea Grain Initiative and the drought associated with the El Niño weather phenomenon, the Commerce Ministry remains confident that the export outlook over the coming months will continue to show a gradual recovery.
Farm losses increase despite state support
Business, Phusadee Arunmas, Published on 27/07/2023
» Despite government subsidies, Thai farmers are the poorest in Asia and Asean, with average losses of 2,000 baht per rai and higher debts over the last 10 years.
Indian rice export ban fuels price fears
Business, Phusadee Arunmas, Published on 22/07/2023
» Thai rice exporters are fretting over India's announcement that it will ban the export of non-basmati white rice with immediate effect, saying the move could potentially impact Thailand's rice industry, leading to a possible 10% increase in domestic prices.
Pheu Thai power bid gains pace
Phusadee Arunmas, Published on 17/07/2023
» The private sector has expressed support for the Pheu Thai Party to lead the formation of a new government, saying its economic policies will help turn the economy around.