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Search Result for “commerce”

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THAILAND

Thais will not slash all tariffs on US goods

News, Published on 18/07/2025

» Thailand will not agree to reduce tariffs to zero on all US goods in ongoing trade talks, as such a move could significantly impact domestic producers and strategic industries, Deputy Finance Minister Paopoom Rojanasakul said.

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GENERAL

Thailand to offer ‘no tariffs on 90% of US goods’

Published on 17/07/2025

» Thailand is ready to offer scrapping tariffs on 90% of US goods, up from 60% in an earlier proposal, in a bid to avert a punishing 36% levy threatened by President Donald Trump, according to a business group advising Thai negotiators.

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THAILAND

Pirelli Launches New Office and Logistics Hub 

Published on 17/07/2025

» Bangkok, 14 July 2025 – Pirelli Tyre (Thailand) Limited celebrated the official opening of its new office and logistics hub in Bangkok, Thailand. This milestone marks a significant step in the Group’s strategy to strengthen its presence in ASEAN, where Pirelli already has a strong commercial footprint, underscoring its long-term commitment to the Asia-Pacific region.

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GENERAL

Hong Kong airport's profits take off with 52.3% surge to HK$2.45 billion

Published on 17/07/2025

» Hong Kong International Airport has posted net profit growth of 52.3% to HK$2.45 billion (10 billion baht) for the 2024-25 financial year, while it also paid the government a HK$1.3 billion dividend, its first in a decade.

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GENERAL

US tariffs yet to hit cassava exports

Business, Phusadee Arunmas, Published on 17/07/2025

» Producers say the new US tariff is not hindering cassava exports while the Ministry of Commerce is actively exploring new export markets including the Middle East, New Zealand and South Korea.

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THAILAND

Risks and rewards of Beijing's BRI

News, Poramet Tangsathaporn, Published on 17/07/2025

» Thailand may play a pivotal role in advancing China's vision of regional connectivity through the Belt and Road Initiative (BRI), but scholars caution that while the initiative presents substantial opportunities, it also brings significant challenges.

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GENERAL

Thailand makes fresh proposals to reduce US tariff pain

Published on 16/07/2025

» Thai officials were preparing to present fresh proposals to their US counterparts in trade talks scheduled for Wednesday night Thailand time, the latest effort by the country to avoid a 36% tariff threatened by President Donald Trump.

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GENERAL

Trump says Indonesia goods to face 19% tariff under new pact

Bloomberg News, Published on 16/07/2025

» US President Donald Trump said he reached a deal with Indonesia that will see goods from the country face a 19% tariff, while US exports will not be taxed.

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GENERAL

Bankers' association pushes formal economy to the fore

Business, Somruedi Banchongduang, Published on 16/07/2025

» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).

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GENERAL

Shabu restaurants forced into price war

Business, Kuakul Mornkum, Published on 15/07/2025

» The Thai Restaurant Association sees the price war among major shabu brands as reflecting challenges of the sluggish Thai economy, as consumers are increasingly seeking value-for-money dining choices. This price competition is also affecting small and medium-sized restaurant operators.