Showing 1 - 10 of 13
Shippers told to prep contingency plans
Business, Phusadee Arunmas, Published on 26/06/2025
» The Thai National Shippers' Council (TNSC) has observed a slowdown in orders for rice, chicken, rubber, food and electrical appliances due to the ongoing uncertainty surrounding the conflict in the Middle East.
Office fears strait's closure could disrupt shipments
Business, Phusadee Arunmas, Published on 25/06/2025
» The possible closure of the Strait of Hormuz could increase transport costs and freight rates for Thailand, while also affecting inflation and exports to the Middle East, says the Trade Policy and Strategy Office (TPSO).
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.
Govt launches rebuild drive
News, Phusadee Arunmas, Published on 17/10/2024
» The government has launched a nationwide economic recovery initiative, enlisting major corporations to support small operators with the goal of boosting the economy by up to 110 billion baht.
Govt worries over conflict impacts
News, Phusadee Arunmas, Published on 16/04/2024
» The Ministry of Commerce has instructed state agencies to come up with measures to deal with a possible spike in energy prices if the conflict between Iran and Israel escalates.
Department eager to push free trade negotiations
Business, Phusadee Arunmas, Published on 18/05/2023
» Thailand wants to increase free trade agreements (FTAs) to cover 80% of its global trade, spanning more than 50 countries, by 2027.
Department poised to kick off FTA talks with EU
Business, Phusadee Arunmas, Published on 01/02/2023
» Thailand has set its sights on kicking off free trade agreement (FTA) talks with the European Union (EU) this year and accelerating the conclusion of negotiations regarding planned FTAs with the European Free Trade Association (Efta), Canada, Turkey and Sri Lanka, according to the chief of the Trade Negotiations Department.
War rooms set up to stimulate exports
Business, Phusadee Arunmas, Published on 10/12/2022
» The Commerce Ministry has set up war rooms to spur exports, tackle obstacles to trade and curb the negative impact of a global economic slowdown in 2023.
Consumer confidence up for fifth month in a row
Business, Phusadee Arunmas, Published on 11/11/2022
» Consumer confidence increased for the fifth straight month in October, hitting a 10-month high, boosted by strong exports, a recovery in tourism and the easing of the pandemic.
Spending during World Cup set to rise
Business, Phusadee Arunmas, Published on 10/11/2022
» Consumer spending during World Cup 2022 is expected to increase from the previous tournament held four years ago, driven by greater economic activity amid concerns over a possible surge in gambling on the matches.