Showing 1 - 10 of 29
Council anticipates 1-2% export growth
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.
All imported goods now face VAT
Business, Phusadee Arunmas, Published on 03/04/2024
» Following a mandate from Prime Minister Srettha Thavisin, the government looks set to impose a 7% value-added tax (VAT) on imported goods valued from one baht up, commencing in May.
Yala fish poised for GI registration
Phusadee Arunmas, Published on 29/02/2024
» Two indigenous freshwater fish in Yala are expected to receive geographical indication (GI) registration within this year, according to the Department of Intellectual Property.
Thai rice exports face fraught year ahead
Business, Phusadee Arunmas, Published on 08/02/2024
» Myriad risk factors still loom over rice exports this year, notably the volatility of exchange rates, the declining competitiveness of Thai rice, intense price competition, the impact of the El Niño weather phenomenon, and India's restrictive export policy, according to the Thai Rice Exporters Association.
Official calls for speedy education reform
Business, Phusadee Arunmas, Published on 16/01/2024
» Thailand needs to accelerate educational development immediately to align with the requirements of trade and investment as the educational system is perceived as insufficient in addressing the dynamic demands of rapidly evolving industries.
Private sector urged to embrace circular economy
Business, Phusadee Arunmas, Published on 02/12/2023
» The private sector is being encouraged to adopt circular economy principles for business operations to reduce costs, increase efficiency and generate income from innovative business models.
Foreign investment dips 15% in 9 months
Business, Phusadee Arunmas, Published on 27/10/2023
» Foreign investment in Thailand reached 84 billion baht during the first nine months of this year, with Japan continuing to top the list for investment aimed at developing businesses in the country.
Agency urges upgrading coffee production, branding
Business, Phusadee Arunmas, Published on 17/08/2023
» With coffee emerging as a promising agricultural commodity capable of enhancing value and offering new options for farmers, Thailand is advised to establish centralised processing and distribution centres across various regions and develop brands, technologies and value-added processes to upgrade to speciality coffee.
Shippers eye state help with exports
Business, Phusadee Arunmas, Published on 09/08/2023
» Thai shippers have reiterated their calls for the expedited formation of a new government to swiftly allocate funds for activities to increase exports, which have remained sluggish for several months.
Recycled clothing demand surges on environmental concerns
Business, Phusadee Arunmas, Published on 19/06/2023
» Clothing made from recycled materials is becoming a global consumer trend as more people are concerned about protecting the environment and reducing emissions.