Showing 1 - 10 of 25
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).
Thai shippers allay concerns over closure of Strait of Hormuz
Business, Phusadee Arunmas, Published on 24/06/2025
» The Thai National Shippers' Council says a complete closure of the Strait of Hormuz would boost oil prices. However, negotiations are expected to address this issue and the situation will be resolved soon.
Thai Union Feedmill targets B10bn revenue by 2030
Business, Phusadee Arunmas, Published on 26/03/2025
» Thai Union Feedmill Plc (TFM), a manufacturer and distributor of animal feed, aims to reach revenue of 10 billion baht by 2030 with a compound annual growth rate of 11%.
Warning over minimum wage increase
Phusadee Arunmas, Published on 29/04/2024
» The University of the Thai Chamber of Commerce (UTCC) said that if the government raises the minimum daily wage to 400 baht nationwide, it may lead to GDP growing at at a rate below 2.6% and increase the rate of inflation to 3%, affecting consumer purchasing power.
Cabinet sees nation as halal hub
Business, Phusadee Arunmas, Published on 28/02/2024
» The cabinet approved initiatives to make Thailand a halal hub in Southeast Asia by 2028, intending to raise the country's GDP by 1.2%, equivalent to 55 billion baht.
Thailand ratifies RCEP pact
Business, Phusadee Arunmas, Published on 01/11/2021
» Thailand has already submitted the ratification for the Regional Comprehensive Economic Partnership (RCEP) trade pact and reaffirmed that the world's biggest free trade deal will come into force on Jan 1 next year as scheduled.
Asean scrambles to set trade competition rules
Business, Phusadee Arunmas, Published on 14/10/2021
» Asean members are set to review trade competition regulations as concerns about fast-changing business structures grow, driven by the pandemic.
State puts RCEP pact on fast track
Business, Phusadee Arunmas, Published on 17/11/2020
» The government is speeding up the process to enable parliament to approve its signing of the Regional Comprehensive Economic Partnership (RCEP) trade pact, potentially the word's biggest free trade deal, by February 2021 to pave the way for full ratification within 2021, says Commerce Minister Jurin Laksanawisit.
15 nations sign world's biggest free trade pact at virtual meet
News, Phusadee Arunmas, Published on 16/11/2020
» Fifteen nations in the Asia-Pacific, including Thailand, yesterday signed the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world's biggest free trade deal, as they concluded the 37th Asean Summit and related summits held virtually from Nov 12-15.
Chief negotiator insists CPTPP good for the country
Business, Phusadee Arunmas, Published on 28/04/2020
» Despite mounting dissent from civil groups, the chief trade negotiator insists Thailand is likely to see a boost in economic growth, investment and exports if the country participates in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).