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THAILAND

Price controls kept on 51 items

Phusadee Arunmas, Published on 12/06/2024

» The government has retained price controls on 51 products and services for another year in a bid to ease the cost of living.

GENERAL

Srettha pushes data centre strategy using renewables

Business, Phusadee Arunmas, Published on 12/06/2024

» Prime Minister Srettha Thavisin has expedited the data centre initiative, directing the National Energy Policy Committee (NEPC) and the Board of Investment (BoI) to develop support measures to facilitate direct power purchase agreements (PPAs).

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GENERAL

Environmental plan for eastern corridor gets nod

Phusadee Arunmas, Published on 10/06/2024

» The Eastern Economic Corridor (EEC) board has approved the environment management plan for the government's flagship industrial project, which was drafted by the Ministry of Natural Resources and Environment to limit its impact on local communities and the environment.

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GENERAL

Rice auction attracts crowds of exporters

Phusadee Arunmas, Published on 10/06/2024

» Bidders interested in participating in the government’s 10-year rice auction exceeded expectations, totalling eight companies.

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GENERAL

Consumer prices increase for second straight month in May

Business, Phusadee Arunmas, Published on 10/06/2024

» The Consumer Price Index (CPI) rose in May for a second straight month, up 1.54% from a year earlier, the highest level in 13 months and forecast to continue gaining slowly in June.

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GENERAL

Knowing your customer

Business, Phusadee Arunmas, Published on 08/06/2024

» KJ World Foods Co Ltd, the manufacturer and distributor of packaged rice under the Kaijae brand, expects its sales to increase to 3 billion baht amid fierce competition by emphasising quality products.

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GENERAL

Minister reinforces push for speedier negotiations

Business, Phusadee Arunmas, Published on 07/06/2024

» Deputy Commerce Minister Suchart Chomklin has directed the Trade Negotiations Department to accelerate free trade agreement (FTA) negotiations with other nations.

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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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MOTORING

Classic car import rules may be eased

Phusadee Arunmas, Published on 06/06/2024

» The Foreign Trade Department is seeking comments on a proposed amendment that would allow certain kinds of classic cars to be imported to Thailand for promotions and special events.

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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.