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Search Result for “Thai goods”

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GENERAL

Thailand records another negative inflation reading in July

Reuters, Published on 06/08/2025

» Thailand's annual inflation rate was negative for a fourth straight month in July, driven by price drops in energy and some agricultural goods, but the Commerce Ministry said on Wednesday that the economy was not suffering from deflation.

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THAILAND

Nestlé Powers Six Thai Factories with Green Energy

Published on 06/08/2025

» Nestlé (Thai) Ltd. is moving forward with the use of green electricity from renewable sources at its six factories in Thailand. This initiative is a collaboration with the Metropolitan Electricity Authority (MEA) and the Provincial Electricity Authority (PEA) under the Utility Green Tariff 1 (UGT1) program, which provides renewable power from unspecified sources. The collaboration aligns with Nestlé’s goal of using 100% renewable electricity in its factories in Thailand by the end of this year. It is also part of the company’s Net Zero 2050 roadmap, which aims to achieve net zero greenhouse gas emissions by 2050. Through this initiative, Nestlé is demonstrating its commitment to providing high-quality, tasty, and more nutritious products made with electricity from sustainable sources for Thai people at all life stages.

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GENERAL

Thailand’s zero tariff vow to Trump still limits US imports

Bloomberg News, Published on 06/08/2025

» Thailand’s pledge to President Donald Trump of near-total market access for US goods includes key limits to protect some domestic industries, according to a government official, laying out the Southeast Asian nation’s terms for a tariff deal with Washington.

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GENERAL

Tariff to reduce 2026 exports by B275bn

Business, Phusadee Arunmas, Published on 06/08/2025

» Thai exports are projected to dip by roughly 275 billion baht in value next year, or 1.48% of GDP as a result of the US's 19% reciprocal tariff, according to the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

At least B20 billion set aside for tariff relief

Published on 05/08/2025

» The Ministry of Finance has budgeted at least 20 billion baht for relief efforts to cushion the impact of US tariffs on Thai businesses.

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GENERAL

Key Thai sectors still protected under US tariff pact

Published on 05/08/2025

» Thailand’s pledge of near-total market access for US goods includes key limits to protect some domestic industries, according to a government official, laying out the terms the country sought for its tariff deal with Washington.

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THAILAND

19% US tariff a good result, says Prommin

News, Mongkol Bangprapa, Published on 05/08/2025

» Thailand has headed off a major trade conflict after securing a fair 19% US tariff rate with the deal now headed to parliament for approval, said Dr Prommin Lertsuridej, secretary-general to the prime minister.

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GENERAL

Thailand does well to secure 19% US tariff, says Prommin

Mongkol Bangprapa, Published on 04/08/2025

» Thailand has headed off a major trade conflict after securing a fair 19% US tariff rate with the deal now headed to parliament for approval, said Prommin Lertsuridej, secretary-general to the prime minister.

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GENERAL

Govt will help exporters weather tariffs

News, Phusadee Arunmas, Published on 04/08/2025

» The Ministry of Commerce will work closely with financial institutions to help Thai exporters weather the impact of the new tariffs imposed on Thai goods bound for the United States.

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GENERAL

Tallying the tariff trade-offs

Business, Published on 04/08/2025

» The 19% US reciprocal tariff on Thai goods could offer some much-needed relief for businesses in Thailand, as this rate aligns with the regional average.