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GENERAL

Seven bidders qualify for old rice auction

News, Phusadee Arunmas, Published on 13/06/2024

» Seven potential bidders have qualified to take part in the auction sale of 15,000 tonnes of rice left over from the Yingluck Shinawatra administration's rice-pledging scheme.

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GENERAL

Environmental plan for eastern corridor gets nod

Phusadee Arunmas, Published on 10/06/2024

» The Eastern Economic Corridor (EEC) board has approved the environment management plan for the government's flagship industrial project, which was drafted by the Ministry of Natural Resources and Environment to limit its impact on local communities and the environment.

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GENERAL

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.

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GENERAL

Consumer prices increase for second straight month in May

Business, Phusadee Arunmas, Published on 10/06/2024

» The Consumer Price Index (CPI) rose in May for a second straight month, up 1.54% from a year earlier, the highest level in 13 months and forecast to continue gaining slowly in June.

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GENERAL

Knowing your customer

Business, Phusadee Arunmas, Published on 08/06/2024

» KJ World Foods Co Ltd, the manufacturer and distributor of packaged rice under the Kaijae brand, expects its sales to increase to 3 billion baht amid fierce competition by emphasising quality products.

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GENERAL

Minister reinforces push for speedier negotiations

Business, Phusadee Arunmas, Published on 07/06/2024

» Deputy Commerce Minister Suchart Chomklin has directed the Trade Negotiations Department to accelerate free trade agreement (FTA) negotiations with other nations.

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GENERAL

Shrinkflation unpacked

Business, Phusadee Arunmas, Published on 06/06/2024

» As manufacturers across various industries seek to cope with rising production costs, many are turning to "shrinkflation" to survive.

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GENERAL

Shippers fear rising freight rates could dent exports in H2

Business, Phusadee Arunmas, Published on 05/06/2024

» A group of shippers is concerned rising freight rates could potentially impact exports in the second half.

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GENERAL

Cabinet okays VAT change to curb cheap imports

News, Phusadee Arunmas, Published on 04/06/2024

» The cabinet has approved in principle a Ministry of Finance proposal to collect value-added tax (VAT) on all imported goods valued at over one baht in an effort to stop cheap imported goods, particularly from China, from flooding the domestic market.

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GENERAL

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.