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GENERAL

Shrinkflation unpacked

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

» As manufacturers across various industries seek to cope with rising production costs, many are turning to "shrinkflation" to survive.

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GENERAL

Shippers fear rising freight rates could dent exports in H2

Business, Phusadee Arunmas, Published on 05/06/2024

» A group of shippers is concerned rising freight rates could potentially impact exports in the second half.

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GENERAL

Cabinet okays VAT change to curb cheap imports

News, Phusadee Arunmas, Published on 04/06/2024

» The cabinet has approved in principle a Ministry of Finance proposal to collect value-added tax (VAT) on all imported goods valued at over one baht in an effort to stop cheap imported goods, particularly from China, from flooding the domestic market.

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GENERAL

Coffee market posts healthy growth

Business, Phusadee Arunmas, Published on 04/06/2024

» The Thai coffee market continues to grow, both in terms of domestic consumption and processing for export, driven by consumer lifestyles.

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GENERAL

Farmers brace for arrival of La Niña

Business, Phusadee Arunmas, Published on 04/06/2024

» The Commerce Ministry is monitoring the effects of the El Niño weather phenomenon shifting to La Niña, which may affect Thailand's inflation rate, particularly for food items, fresh vegetables and fruit because of their high sensitivity to water conditions.

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GENERAL

Makro to upgrade, grow stores

Business, Phusadee Arunmas, Published on 31/05/2024

» Makro, under CP Extra Plc, is upgrading its brand to a modern wholesale and retail business, aiming to expand its market both online and offline to cope with changing consumer behaviour.

GENERAL

Push to promote SME, community products abroad

Business, Phusadee Arunmas, Published on 30/05/2024

» Commerce Minister Phumtham Wechayachai provided a policy briefing this week for overseas commercial counsellors to work with provincial commerce officers to promote Thai SMEs' (small and medium-sized enterprises) products and soft power -- including the food and content industries -- amid geopolitical tensions and changing consumer behaviour.

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GENERAL

CP Foods rolls out culinary innovations

Business, Phusadee Arunmas, Published on 29/05/2024

» Charoen Pokphand Foods Plc (CP Foods) is set to showcase its latest food innovations at THAIFEX-ANUGA Asia 2024.

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GENERAL

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.

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GENERAL

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.