Showing 1 - 10 of 1,093
State to probe oil palm price dip in South
Business, Phusadee Arunmas, Published on 25/05/2024
» The Commerce Ministry has ordered the Internal Trade Department to visit provinces with palm plantations as oil palm prices fell to find the cause and suggest preventive measures.
Exports rebound to record 6.8% growth in April
Business, Phusadee Arunmas, Published on 24/05/2024
» Thai exports rebounded to growth in April, following a sharp 10.9% decline in March, driven by the improving global economy and an easing of the average inflation rate worldwide.
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.
Department seeks to speed up free trade negotiations
Business, Phusadee Arunmas, Published on 09/05/2024
» The Department of Trade Negotiations is pushing for free trade agreement (FTA) negotiations with trading partners to expand trade and investment opportunities as well as strengthen the economy.
Associations line up to oppose increase in minimum wage
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai Chamber of Commerce is opposing the government's plan to increase the daily minimum wage to 400 baht for workers nationwide, expected in October.
Council anticipates 1-2% export growth
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.
Thai official helps steer Asean in negotiations with China
Business, Phusadee Arunmas, Published on 06/05/2024
» The Department of Trade Negotiations (DTN) participated in the recent Asean-China Free Trade Area (ACFTA) 3.0 Upgrade Negotiations, aiming to enhance Asean-China trade and investment relations, as well as ensure the free flow of goods and services.
Inflation rises after 7 months of falling prices
Business, Phusadee Arunmas, Published on 04/05/2024
» Inflation in Thailand last month was positive for the first time in seven months after the government permitted retailers to raise the price of diesel, while the prices of fresh food and vegetables increased thanks to the recent heatwave.
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.
Thailand looks to sign trade agreement with Bangladesh
Phusadee Arunmas, Published on 28/04/2024
» Deputy Prime Minister and Commerce Minister Phumtham Wechayachai said on Sunday that Thailand and Bangladesh are now looking forward to expanding trade and investments after agreeing to initiate talks toward signing their first free trade agreement (FTA).