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MOTORING

Chinese EV price cuts get TCCT green light

Phusadee Arunmas, Published on 08/07/2024

» The Trade Competition Commission of Thailand (TCCT) says price wars among electric vehicle (EV) dealerships do not violate the trade competition law, but rather foster competition.

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GENERAL

Palm oil exports put at 800,000 tonnes

Business, Phusadee Arunmas, Published on 08/07/2024

» Thailand expects to export 800,000 tonnes of crude palm oil this year, aiming to stabilise the prices of local fresh palm nuts.

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GENERAL

FTA talks with S Korea set to start

Phusadee Arunmas, Published on 07/07/2024

» Thailand will host the first round of talks on a free trade agreement (FTA) with South Korea from Tuesday until Thursday in Bangkok, according to the Department of Trade Negotiations (DTN).

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GENERAL

Old-rice auction winner faces disqualification

Phusadee Arunmas, Published on 06/07/2024

» The unofficial winner of an auction for 15,000 tonnes of old rice is likely to be disqualified after the Public Warehouse Organization (PWO) detected several irregularities, according to a source at the Ministry of Commerce.

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GENERAL

Inflation in Q3 expected to be low

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

» Headline inflation in the third quarter is expected to be low, similar to the previous quarter, while it is likely to increase to 1% in the fourth quarter, aligning with the inflation target for the full year.

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GENERAL

Trade talks with Malaysia feature new joint projects

Business, Phusadee Arunmas, Published on 05/07/2024

» Commerce Minister Phumtham Wechayachai attended the third joint trade committee (JTC) meeting between Thailand and Malaysia on Thursday in Kuala Lumpur.

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GENERAL

Digital wallet scheme signs up vendors

Business, Phusadee Arunmas, Published on 04/07/2024

» The Commerce Ministry says up to 1.6 million vendors are ready to join the digital wallet scheme, which is expected to pump up the economy, increase store income and reduce the cost of living.

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GENERAL

Trade talk to ramp up in H2

Business, Phusadee Arunmas, Published on 04/07/2024

» The Trade Negotiations Department has laid out its blueprint for the second half of 2024, aiming to conclude free trade agreement (FTA) negotiations with the European Free Trade Association (Efta) by year-end, and preparing to host joint trade committee (JTC) meetings with the UK and the Eurasian Economic Union (EAEU) this year in preparation for future FTAs.

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GENERAL

Nostalgia drives appeal of thriving local art toy industry

Business, Phusadee Arunmas, Published on 04/07/2024

» The local art toy sector offers growth potential based on the high purchasing power of "kidult" collectors and the creativity of Thai small toy manufacturers.

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GENERAL

Shippers expect growth of 1-2%

Business, Phusadee Arunmas, Published on 03/07/2024

» Despite geopolitical tensions in Europe and the Middle East, the Thai National Shippers' Council (TNSC) expects the value of exports to expand by 1-2% in the second half this year.