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THAILAND

African countries want answers over old rice sale

News, Phusadee Arunmas, Published on 28/05/2024

» The Foreign Ministry will meet with diplomats from African countries to address concerns following reports that Thailand plans to sell 15,000 tonnes of questionable-quality rice left from the Yingluck Shinawatra administration's rice-pledging scheme to their countries.

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THAILAND

New panel to oversee 'old' rice auction

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

» A panel has been formed to oversee the auctioning off of 15,000 tonnes of rice left over from the controversial rice-pledging scheme launched during former prime minister Yingluck Shinawatra's administration, Commerce Minister Phumtham Wechayachai said.

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INVESTMENT

Foreign investors updated on regulations

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

» The Department of Business Development invited diplomats and representatives of international organisations in Thailand to attend a briefing on foreign investment under the Foreign Business Act (FBA) of 1999.

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GENERAL

Inspections expand for tapioca chips

Business, Phusadee Arunmas, Published on 16/02/2024

» The Foreign Trade Department is tightening inspections of tapioca chip imports along the border after discovering a dozen importers bringing in low-quality chips.

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MOTORING

Minister nudges industry towards sustainability for exports

Business, Phusadee Arunmas, Published on 15/02/2024

» The Thai automotive industry is being urged to speed up the transition to new global regulations, which emphasise sustainability and clean energy, while leveraging free trade agreements (FTAs) to hone their competitive edge.

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THAILAND

PM piles pressure on BoT

News, Phusadee Arunmas, Published on 07/02/2024

» The Bank of Thailand's (BoT) monetary policy committee (MPC) has come under pressure today following Prime Minister Srettha Thavisin's public call for a 25 basis point rate cut.

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GENERAL

Shippers project rice exports of up to 8.8m tonnes

Business, Phusadee Arunmas, Published on 19/12/2023

» Thai rice exports are forecast at 8.7-8.8 million tonnes this year, driven by high demand from Indonesia.

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GENERAL

Online IP in the crosshairs

Business, Phusadee Arunmas, Published on 04/12/2023

» Commerce Minister Phumtham Wechayachai has instructed the Intellectual Property Department to speed up tackling online intellectual property (IP) infringements.

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GENERAL

Cabinet fixes duck parts export rules with China

Business, Phusadee Arunmas, Published on 11/10/2023

» The cabinet on Tuesday approved an agreement to amend export procedures for duck parts bound for China.

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INVESTMENT

Cabinet allots B500bn for state enterprises

Business, Phusadee Arunmas, Published on 27/09/2023

» The cabinet approved an investment budget of 500 billion baht on Tuesday for 46 state-owned enterprises in fiscal 2024, which starts in October this year, with an aim to stimulate the country's economy.