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Search Result for “Ministry of Commerce”

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THAILAND

PM pushes soft power in UK

News, Mongkol Bangprapa, Published on 23/05/2025

» Prime Minister Paetongtarn Shinawatra has underscored Thailand's commitment to expanding its export market and soft power in the form of Muay Thai, not only in the United Kingdom but across Europe.

GENERAL

Stimulus plan set to be finalised this month

Business, Wichit Chantanusornsiri, Published on 23/05/2025

» The 157-billion-baht economic stimulus budget is expected to be concluded by the end of this month, says finance permanent secretary Lavaron Sangsnit.

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THAILAND

Former Thai PM Yingluck says she can't pay B10bn compensation

Post Reporters, Published on 23/05/2025

» Former prime minister Yingluck Shinawatra took to social media on Thursday to defend herself against a ruling by the Supreme Administrative Court, which ordered her to pay over 10 billion baht in damages over her administration's failed rice-pledging scheme, despite never being named a defendant in the case.

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THAILAND

Thai Night 2025 showcases thai cinema at cannes

Published on 22/05/2025

» Cannes, France – May 22, 2025 – The Department of International Trade Promotion (DITP), Ministry of Commerce, successfully organised Thai Night 2025, an event aimed at enhancing the global presence of the Thai entertainment industry and promoting international business networking. The event took place on Thursday, May 15, 2025, during the renowned Cannes Film Festival – one of the world’s most prestigious international film festivals. Her Royal Highness Princess Ubolratana Rajakanya Sirivadhana Barnavadi presided over the ceremony, delivered an inspiring keynote address, and extended a warm welcome to distinguished guests, including producers, directors, content creators, and media representatives from around the world.

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GENERAL

Ministry steps up nominee probe

Business, Phusadee Arunmas, Published on 22/05/2025

» The Commerce Ministry is accelerating its investigation into nominee businesses while aiming to finalise revisions to the 1999 Anti-Money Laundering Act within three months.

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GENERAL

Thailand Showcases Rice Legacy at Global Convention

Published on 21/05/2025

» Over the past year, Thailand’s rice export performance has been strong, with a large export volume of 9.95 million tons, the highest in 6 years. However, in 2025, Thai rice exports trend is expected to face many challenging factors, such as surplus inventories and stockpiled rice in 2024 in key trading partner countries as well as intensified global competition due to the return of Indian rice exports and potential tariff adjustments under the Trump administration. All of these factors have contributed to volatility in the global rice market and intensified price competition. The global rice market situation tends to slow down effecting the first quarter of 2025 of Thai rice exports, with amount of 1.8 million tonnes, a decline of 27.99% year-on-year, from 2.51 million tonnes in 2024.

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GENERAL

China, Asean complete negotiations on upgraded free trade deal

Reuters, Published on 21/05/2025

» HONG KONG — China and the Association of Southeast Asian Nations (Asean) have completed negotiations to further refine their free trade area to include the digital and green economy and other new industries, China's commerce ministry said on Wednesday.

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GENERAL

THAIFEX 2025 Returns with Global Food Innovation

Published on 21/05/2025

» At the end of May, one of the region’s most important events for food industry professionals—ranging from business owners and retailers to supermarkets, restaurants, and more—makes its highly anticipated return: THAIFEX – ANUGA ASIA 2025. Organised by the Department of International Trade Promotion (DITP), Ministry of Commerce, in collaboration with the Thai Chamber of Commerce and Koelnmesse, Germany, the event stands as a premier platform for discovering business opportunities and forging top-tier international partnerships.   

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THAILAND

DIPROM Drives Hero Brand Growth in Cosmetics Sector

Published on 20/05/2025

» Bangkok, May 2025 – The Department of Industrial Promotion (DIPROM) is advancing its mission to develop “Hero Brands” in Thailand’s cosmetics industry as part of a broader strategy to promote Thai fashion soft power. Implemented through the initiative “Brand and Product Image Development Towards Fashion Hero Brands in the Thai Cosmetics and Beauty Industry”, the programme focuses on enhancing brand-building skills, offering in-depth consultations, and transforming local wisdom into creative cultural assets. The goal is to equip Thai brands with a modern, distinctive, and valuable identity to meet global market demand—an effort expected to generate more than THB 62 million in economic value.

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GENERAL

Forth Vending sources from farmers

Business, Phusadee Arunmas, Published on 20/05/2025

» Forth Vending Co Ltd, operator of Tao Bin smart beverage vending machines, plans to source fresh fruit directly from farmers for its smoothie and juice offerings.