Showing 1-10 of 69 results
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Govt worries over conflict impacts
News, Phusadee Arunmas, Published on 16/04/2024
» The Ministry of Commerce has instructed state agencies to come up with measures to deal with a possible spike in energy prices if the conflict between Iran and Israel escalates.
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Conflict will cost Thailand B245bn
Business, Phusadee Arunmas, Published on 10/03/2022
» The Russia-Ukraine conflict is estimated to inflict 244.70 billion baht's worth of damage to the Thai economy, dragging GDP growth to only 2-3% this year, if it is extended for the entire year, according to the latest study by the University of the Thai Chamber of Commerce (UTCC).
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Export outlook still rosy
Business, Phusadee Arunmas, Published on 24/02/2024
» Following a quicker uptick in exports than expected in January, the Commerce Ministry expects continued expansion, driven by the global economic recovery, easing of worldwide inflation, food security measures pushed by several countries, and tightened regional economic cooperation.
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Thai Chamber of Commerce calls for rate cut at next meeting
Business, Phusadee Arunmas, Published on 09/02/2024
» The Thai Chamber of Commerce (TCC) hopes the Bank of Thailand will reduce interest rates at its next meeting, noting that the economy is recovering but remains fragile.
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Council maintains export forecast for 2024 at 1-2%
Business, Phusadee Arunmas, Published on 07/02/2024
» The Thai National Shippers' Council (TNSC) is maintaining its export forecast at 1-2% this year.
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Government unveils plan to invigorate cross-border trade
Business, Phusadee Arunmas, Published on 02/02/2024
» The government set a goal of reviving cross-border trade including transit trade this year after the value contracted by 2.6% in 2023 from the previous year to 1.7 trillion baht.
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Exporters told to keep tabs on hotspots in the Middle East
Business, Phusadee Arunmas, Published on 29/01/2024
» The strategic planning unit of the Commerce Ministry has advised all stakeholders to monitor the attacks in the Red Sea and the Israel-Hamas war to assess the potential impacts.
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How the Red Sea attacks affect shipping
Business, Phusadee Arunmas, Published on 19/01/2024
» Starting from mid-November 2023, the Houthi rebel group based in Yemen and backed by Iran has been conducting numerous attacks on commercial ships in the Red Sea, displaying no indication that they will relent.
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Consumer confidence continues uptick
Business, Phusadee Arunmas, Published on 12/01/2024
» Consumer confidence rose for a fifth consecutive month in December, reaching the highest level in 46 months since March 2020, propped up by government measures to reduce electricity and fuel prices.
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11 sectors to help generate 4 trillion baht
News, Phusadee Arunmas, Published on 15/12/2023
» The government is seeking to promote Thailand's soft power globally in 11 industries to generate 4 trillion baht, Commerce Minister Phumtham Wechayachai says.
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