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GENERAL

July sees highest export growth in 28 months

Business, Phusadee Arunmas, Published on 28/08/2024

» Exports in July expanded by 15.2%, the highest growth rate in 28 months, as inflation eased and the purchasing power of trading partners rose.

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GENERAL

Local rice varieties winnowed out

Business, Phusadee Arunmas, Published on 13/08/2024

» Rice exporters warned that local rice varieties are at risk of extinction as farmers flock to plant a Vietnamese rice variety known for its soft texture.

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GENERAL

Exports see decline in June as agricultural trade suffers

Business, Phusadee Arunmas, Published on 27/07/2024

» Exports in June shrank by 0.3%, representing the first contraction in three months, due to the end of the season for fruit products, the Commerce Ministry said on Friday, adding that it still expected exports to grow overall this year.

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GENERAL

Department predicts rise in new business registrations

Business, Phusadee Arunmas, Published on 19/07/2024

» The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.

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GENERAL

Agricultural products help shipments grow 7.2% in May

Business, Phusadee Arunmas, Published on 22/06/2024

» Thailand's exports in May grew by 7.2% year-on-year, the highest level in 14 months, driven by agricultural products.

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GENERAL

Thailand jumps five places in competitiveness ranking

Business, Phusadee Arunmas, Published on 19/06/2024

» Thailand's position in a competitiveness ranking improved to 25th from 30th, surpassing Malaysia to finish second in Asean, with a notable improvement in economic performance.

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GENERAL

Consumer prices increase for second straight month in May

Business, Phusadee Arunmas, Published on 10/06/2024

» The Consumer Price Index (CPI) rose in May for a second straight month, up 1.54% from a year earlier, the highest level in 13 months and forecast to continue gaining slowly in June.

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GENERAL

Exports rebound to record 6.8% growth in April

Business, Phusadee Arunmas, Published on 24/05/2024

» Thai exports rebounded to growth in April, following a sharp 10.9% decline in March, driven by the improving global economy and an easing of the average inflation rate worldwide.

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GENERAL

Cassava exports in Q1 suffer 16.4% decline

Business, Phusadee Arunmas, Published on 22/05/2024

» Thai exports of cassava and cassava products decreased by 16.4% year-on-year in the first quarter, as cassava chip output declined.

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GENERAL

Consumer confidence takes a hit from high living costs

Business, Phusadee Arunmas, Published on 16/05/2024

» The consumer confidence index declined for a second consecutive month in April, attributed to a slow and uneven economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).