Showing 1 - 10 of 1,565
Work together for rule-based trade
Oped, Published on 20/05/2025
» For almost 80 years, the multilateral rule-book has been the basis for international trade relations. Under the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO), world trade has expanded at an unprecedented rate, contributing to growth and prosperity around the world. Our countries, Thailand and Sweden, share a long tradition of support for the rule-based trading system.
Bosch Drives Strategy 2030 with Innovation, Resilience
Published on 09/05/2025
» Stuttgart and Renningen, Germany – The Bosch Group is forging ahead with its ambitious Strategy 2030 to strengthen its competitive position, despite global market challenges that curbed growth in 2024. The technology and services provider posted sales revenue of €90.3 billion, a 1.4% decline year-on-year, or 0.5% after adjusting for exchange rate effects. EBIT from operations stood at €3.1 billion, down from €4.8 billion in 2023, resulting in an EBIT margin of 3.5%.
Thailand Rises as Logistics Hub Amid Global Shifts
Published on 08/05/2025
» BANGKOK – The Thai Chamber of Commerce highlights that recent U.S. tariff policies are accelerating foreign direct investment (FDI) into Thailand and ASEAN, driving a surge in logistics demand. To capitalise on this momentum, Messe Stuttgart, Koelnmesse, and Thai Intralogistics Association (TIA), joined forces to organise a landmark trade fair: LogiMAT & LogiFOOD Southeast Asia 2025, scheduled to take place from 15–17 October 2025 at BITEC Exhibition and Convention Centre, Bangkok. The event aims to position Thailand as a regional logistics hub and propel Southeast Asia to the forefront of intralogistics. Organisers expect 350 exhibitors from Asia and Europe and more than 7,000 trade visitors.
Why they fear Pita
Oped, Postbag, Published on 07/05/2025
» Re: "Pita vows a comeback in 9 years to be 'best prime minister'", (BP, May 5).
'We really need to talk'
Business, Post Reporters, Published on 21/04/2025
» With trade tensions exacerbated by the US's reciprocal tariffs, key business sectors are calling on the Thai government to prioritise negotiations with Washington during the 90-day pause, as the nation is expected to be one of the hardest hit from the tariff rate of 36%, which is significantly higher than the regional and global average.
Moscow plans to use seized US-owned company to feed Russian army
Reuters, Published on 17/04/2025
» LONDON — Plans are afoot for an American-owned company seized by the Kremlin and placed under state control to be used to supply food to the Russian army, a document seen by Reuters showed, potentially threatening Moscow's warming relations with the United States.
Mae Sot's trade vs security dilemma
Oped, Kavi Chongkittavorn, Published on 01/04/2025
» At Mae Sot International Airport, all passengers must now undergo a strict immigration check and police screening before they can board designated flights. The new stringent measures aim to prevent scammers from using this western border hub as a transit route across the border.
CBDC straitjacket
Postbag, Published on 31/03/2025
» Re: "More central banks adopt digital currencies -- study", (Business, Sept 19, 2024).
Indonesia poised to export durians to China, threatening Thai dominance
South China Morning Post, Published on 21/03/2025
» HONG KONG — Indonesia is expanding cultivation and completing legal procedures in preparation to begin exporting durians to China, offering consumers a new - and possibly cheaper - alternative to fruit from Thailand and Vietnam.
Thailand faces grim employment prospects
Business, Wichit Chantanusornsiri, Published on 17/03/2025
» Thailand's employment prospects are negative as there are clearer signs of a shrinking workforce, evidenced by fewer insured workers under Section 33 of the Social Security Act, which covers more than 10 million people, according to the Federation of Thai SMEs.