Showing 1 - 6 of 6
Global rice glut set to hit Thai exports
Business, Phusadee Arunmas, Published on 01/08/2024
» Thai rice exports are likely to be less than 8 million tonnes next year due to myriad risk factors hampering their competitiveness, which include a lack of research and development (R&D) for rice varieties, rising global supply, and the possibility of India lifting its rice export restrictions at year-end.
Thai rice exports jump 25% in first half of 2024
Business, Phusadee Arunmas, Published on 31/07/2024
» Thailand expects to export 8.2 million tonnes of rice this year, up from a previous forecast of 7.5 million, helped by demand from major markets and a weakening baht, according to the Commerce Ministry.
Team signs rice deal with Philippines worth B2.8bn
Business, Phusadee Arunmas, Published on 11/07/2024
» The Commerce Ministry led a team of rice exporters to the Philippines, signing memorandums of understanding (MoUs) on rice trade worth 2.8 billion baht.
Rice auction attracts crowds of exporters
Phusadee Arunmas, Published on 10/06/2024
» Bidders interested in participating in the government’s 10-year rice auction exceeded expectations, totalling eight companies.
Coffee market posts healthy growth
Business, Phusadee Arunmas, Published on 04/06/2024
» The Thai coffee market continues to grow, both in terms of domestic consumption and processing for export, driven by consumer lifestyles.
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.