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BUSINESS

Gloomy outlook for local rubber industry

Business, Phusadee Arunmas, Published on 07/07/2020

» Thailand's natural rubber industry is likely to remain depressed this year despite a sharp rise in demand for protective rubber gloves driven by the Covid-19 pandemic.

BUSINESS

TNSC sees 10% export drop

Business, Phusadee Arunmas, Published on 07/07/2020

» Thai shippers have downgraded the country’s export outlook to a 10% contraction, deeper than the previous forecast of an 8% drop, with the finger pointed at the coronavirus crisis and the strong baht.

THAILAND

Govt vows to see farmers through coronavirus slump

News, Phusadee Arunmas, Published on 08/07/2020

» The income guarantee scheme for rubber farmers will continue as the industry is likely to remain sluggish due to economic impacts caused by the Covid-19 pandemic, Commerce Minister Jurin Laksanawisit said on Tuesday.

BUSINESS

Face masks in surplus, ministry says

Business, Phusadee Arunmas, Published on 08/07/2020

» Thailand has more than enough medical face masks after several factories were set up, a trade official says.

THAILAND

Industry to shun 'cruel' monkey antics

News, Phusadee Arunmas, Published on 09/07/2020

» Coconut product makers have reached an agreement with the government to voluntarily set up a system to allow products to be traced back to their origins to ensure they aren't made from produce picked by monkeys, Commerce Minister Jurin Laksanawisit said yesterday.

BUSINESS

Confidence edges higher in June poll

Business, Phusadee Arunmas, Published on 10/07/2020

» Business sentiment picked up for the first time in 14 months in June, boosted by easing of the government's lockdown measures.

BUSINESS

Border trade activity down 9.7% in first 5 months

Business, Phusadee Arunmas, Published on 10/07/2020

» Thailand's cross-border trade fell by 9.7% year-on-year in the first five months of 2020 as the coronavirus ravaged the global economy and led neighbouring countries to close nearly all border checkpoints.

THAILAND

Govt takes steps to stop 'bio-piracy'

News, Phusadee Arunmas, Published on 13/07/2020

» The Department of Intellectual Property is pushing ahead with amendments to the Patent Act aimed at preventing theft of traditional knowledge known as bio-piracy.

THAILAND

CP's Tesco deal yet to be approved

News, Phusadee Arunmas, Published on 14/07/2020

» The Office of Trade Competition Commission (OTCC) has asked Charoen Pokphand Group (CP) to submit more documents concerning the group's mega-deal to acquire 86.9% of the Thai business of Tesco and 100% of the UK retailer's Malaysian business.

BUSINESS

Dim view for second-half rice exports

Business, Phusadee Arunmas, Published on 15/07/2020

» Thailand's rice export prospects look murky in the second half of the year amid sluggish global demand caused by the coronavirus crisis.