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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

Ministry backs mobile stores

Business, Phusadee Arunmas, Published on 11/12/2023

» The Commerce Ministry is committed to continuing to operate mobile grocery stores in Bangkok and surrounding provinces to help reduce the cost of living.

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BUSINESS

Private sector lauds speaker choice

Business, Phusadee Arunmas, Published on 05/07/2023

» Business leaders are expecting a smoother path for the Move Forward Party (MFP) and its seven political party allies to form a government and deal with economic challenges after settling on a House speaker.

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BUSINESS

Jurin remains upbeat on export prospects

Business, Phusadee Arunmas, Published on 27/09/2022

» Commerce Minister Jurin Laksanawisit remains optimistic that exports will expand well over the remaining months of this year and exceed the growth target set at 4-5% over 2021's level.

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BUSINESS

Inflation close to hitting 14-year high

Business, Phusadee Arunmas, Published on 06/07/2022

» Price pressures will persist into the third quarter, the Commerce Ministry has admitted, after the country's headline inflation rate hit a near-14-year high in June.

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BUSINESS

Making trips to the dentist pleasant

Business, Phusadee Arunmas, Published on 09/04/2022

» Tepthai toothpaste was one of the country's top media spenders over the last few years.

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BUSINESS

Thai export surge continues

Business, Phusadee Arunmas, Published on 25/03/2022

» Thailand's exports beat expectations by growing 16.2% in February, driven by higher international demand on the back of global economic recovery and proactive trade promotions.

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BUSINESS

Noodle prices will not rise, officials insist

Business, Phusadee Arunmas, Published on 09/03/2022

» The Internal Trade Department has dismissed reports by local media that instant noodle manufacturers are set to raise prices in line with higher production costs.

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BUSINESS

Commerce keeps an eye on price tags

Business, Phusadee Arunmas, Published on 10/01/2022

» The Commerce Ministry has pledged to closely supervise the prices of products and services, using both legal and administrative measures while vowing to continue discount campaigns to reduce the cost of living for people nationwide.

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BUSINESS

Ministry keeps inflation average at 1.5%

Business, Phusadee Arunmas, Published on 06/01/2022

» Despite a sharp rise in the prices of fresh food such as vegetables, pork, eggs, cooking oil, rice and curry, the Commerce Ministry is maintaining its headline inflation forecast in the range of 0.7% to 2.4% (average of 1.5%) this year.