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GENERAL

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.

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GENERAL

Ministry seeks border trade growth of 1% despite conflict

Business, Phusadee Arunmas, Published on 03/05/2024

» The Commerce Ministry is targeting border trade growth of 1% this year, attributed to political instability in neighbouring countries, including the armed conflict in Myanmar.

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GENERAL

Thai delegation pushes to solidify fruit shipments to China

Business, Phusadee Arunmas, Published on 01/05/2024

» Commerce Minister Phumtham Wechayachai is in talks with the governor of Yunnan province, trying to strengthen trade relations by facilitating fruit exports at border checkpoints.

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GENERAL

Country aims for 2-5% growth in future food exports

Business, Phusadee Arunmas, Published on 01/05/2024

» Thailand is targeting future food export growth of 2-5% this year, driven by the global economic recovery and sustainability trends.

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GENERAL

Exports see first drop in 8 months

Business, Phusadee Arunmas, Published on 30/04/2024

» Exports in March contracted by 10.9%, the first decline in eight months, due to the high base last year.

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GENERAL

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.

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GENERAL

Weather's impact on farming assessed

Business, Phusadee Arunmas, Published on 29/04/2024

» The Department of Internal Trade (DIT) is monitoring the extremely hot weather in the country and assessing its effect on the production of agricultural and livestock products.

THAILAND

Premier trumpets B300m durian order

News, Phusadee Arunmas, Published on 29/04/2024

» Prime Minister Srettha Thavisin yesterday took to social media to announce the country had received a 300-million-baht (US$8.1 million) order for frozen durians following his visit to Chanthaburi.

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GENERAL

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).

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GENERAL

Thai TV drama firm seeks global soft power

Business, Phusadee Arunmas, Published on 27/04/2024

» Be On Cloud, a company known for producing popular Boys Love or Y Series TV dramas, aims to promote Thailand's soft power and local products on the global stage through its series.