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BUSINESS

CPI posts small drop in November

Business, Phusadee Arunmas, Published on 05/12/2020

» The consumer price index (CPI), a gauge of headline inflation, improved for a second straight month in November, prompting the Commerce Ministry to raise its headline inflation forecast to an average of -0.87% this year from -1.1% in its April forecast.

BUSINESS

Household debt rises 42% to 12-year high

Business, Phusadee Arunmas, Published on 12/01/2021

» The Covid-19 crisis has caused household debt to surge to the highest level in 12 years, according to the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

Export prospects brighten on friendlier US policies

Business, Phusadee Arunmas, Published on 22/01/2021

» Thailand's exports to the US look more promising thanks to the friendlier trade policies of new US President Joe Biden.

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BUSINESS

Initiation of FTA fund fast-tracked

Business, Phusadee Arunmas, Published on 18/02/2021

» The government is speeding up the process of establishing a revolving FTA fund to help sectors harmed by free trade agreements, including the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world's biggest free trade deal, which sailed through parliamentary ratification last week.

BUSINESS

Trade target with Panama set

Business, Phusadee Arunmas, Published on 20/03/2021

» Thailand and Panama have set a target to increase bilateral trade to 10 billion baht after a decline in recent years.

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BUSINESS

Joint bid to manage huge fruit supply

Business, Phusadee Arunmas, Published on 23/03/2021

» The Commerce Ministry is working with 36 state and private agencies to cope with a huge fruit supply which is expected to increase by 23% this year in order to avoid a price slump.

BUSINESS

Sharp drop in collateral agreements

Business, Phusadee Arunmas, Published on 30/03/2021

» Requests for business collateral agreements fell by 36.2% last year as financial institutions and borrowers became more cautious about granting and requesting loans due to the ongoing economic regression.

BUSINESS

Government upbeat as cross-border trade rises

Business, Phusadee Arunmas, Published on 02/06/2021

» Cross-border trade rose by 26.7% in the first four months, increasing the government's confidence such trade will grow by 3-6% this year after declining 1.7% in 2020.

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BUSINESS

Novel strategy to focus on 4 sectors

Business, Phusadee Arunmas, Published on 09/06/2021

» Thailand's national trade strategy should focus on four target industries -- processed agricultural products and food; healthcare and wellness; biotechnology; and digital technology -- says a policy chief.

BUSINESS

Border reopenings mooted to boost trade

Business, Phusadee Arunmas, Published on 01/07/2021

» The government is accelerating talks with neighbouring countries to reopen 11 border checkpoints to boost cross-border trade which has already shown signs of strong recovery.