Showing 1 - 10 of 946
Delay poses risks to the economy
Business, Phusadee Arunmas, Published on 14/07/2023
» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.
High potential for rice exports in H2
Business, Phusadee Arunmas, Published on 11/07/2023
» Thailand could ship up to 9 million tonnes of rice this year because of a surge in demand, driven by concerns over the potential impact of the El Niño weather phenomenon.
Shipments to China forecast to grow 1%
Business, Phusadee Arunmas, Published on 11/07/2023
» Despite China's slow economic recovery, the Commerce Ministry still expects Thai exports to the mainland to eke out 1% growth this year to US$3.47 billion.
Exports to Korea set to rise 2% this year
Business, Phusadee Arunmas, Published on 07/07/2023
» Thailand expects exports to South Korea to increase by 2% this year to US$6.52 billion, partially helped by a deeper trade partnership through a so-called mini-free trade agreement (mini-FTA) with the South Korean provinces of Gyeonggi and Pusan.
Shippers lower exports forecast
Business, Phusadee Arunmas, Published on 05/07/2023
» The Thai National Shippers' Council (TNSC) has trimmed its exports forecast to a range of -0.5% to 1% growth, compared with 0-1% growth previously, based on high uncertainty surrounding major trading partners the US, the EU and China, in addition to relatively high global interest rates.
Fruit tie-up focuses on home supply
Business, Phusadee Arunmas, Published on 01/07/2023
» With fruit supply from the southern region entering the market, the Internal Trade Department is establishing partnerships with housing projects and condos, in addition to wholesale and retail stores, local markets, traders and exporters, to directly buy fruit.
Rubber sector urged to adapt to cope with global challenges
Business, Phusadee Arunmas, Published on 30/06/2023
» Rubber farmers, entrepreneurs and exporters are being advised to swiftly adapt to various challenges, including geopolitical conflicts and environmental measures that may impact agricultural trade, as well as European Union (EU) laws regarding products and deforestation.
Thai exports expected to improve in H2
Business, Phusadee Arunmas, Published on 28/06/2023
» Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.
Japan tops business development list
Business, Phusadee Arunmas, Published on 21/06/2023
» Foreign investment tallied 45.4 billion baht in the first five months of this year, with Japan topping the list in terms of spending to develop businesses in Thailand.
Parsing the impact of the parched season
Business, Phusadee Arunmas, Published on 14/06/2023
» The effects of the El Niño weather pattern are becoming increasingly evident with the persistence of hot, dry weather and high temperatures despite the official start of the rainy season on May 22, as announced by the Meteorological Department.