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BUSINESS

Heat waves spark surge in demand for air-con parts

Business, Phusadee Arunmas, Published on 09/06/2023

» Thailand's exports of air-conditioner components to the US surged in the first quarter, driven by rising demand caused by an increase in heat waves.

BUSINESS

Outlook better for rice exports in H2

Business, Phusadee Arunmas, Published on 10/06/2023

» Thailand should see greater opportunities to export rice in the second half of the year as countries that import are rushing to stock up on concerns about drought.

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BUSINESS

Food industry looks to the future

Business, Phusadee Arunmas, Published on 06/06/2023

» Thailand's future food industry is projected to grow 5% this year, driven by emerging trends and increasing demand for healthier and more environmentally friendly food options.

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BUSINESS

Food event transactions increase by 81%

Business, Phusadee Arunmas, Published on 30/05/2023

» The food and beverage trade event Thaifex-Anuga Asia 2023 ended on Saturday and generated up to 120 billion baht in transactions, outstripping the original target of 70 billion baht.

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BUSINESS

Ministry maintains export target despite stagnation

Business, Phusadee Arunmas, Published on 31/05/2023

» The Commerce Ministry is keeping its export growth target of 1-2% this year despite Thai shipments falling for a seventh consecutive month in April.

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BUSINESS

Chamber puts spotlight on urgent issues

Business, Phusadee Arunmas, Published on 01/06/2023

» The Thai Chamber of Commerce highlighted three urgent issues in talks held on Wednesday, with expediting the formation of a new government the priority to ensure the continuity of budget allocation.

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BUSINESS

Extension granted to migrant workforce

Business, Phusadee Arunmas, Published on 02/06/2023

» Concern over a domestic labour shortage has eased after the cabinet on Tuesday approved an extension to employment contracts that allow more than 200,000 migrant workers to keep their jobs.

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BUSINESS

Inflation tepid in May as food prices decrease

Business, Phusadee Arunmas, Published on 03/06/2023

» Inflation in Thailand is expected to increase by only 0.5% year-on-year in May, the lowest in Asean, because of a decline in the prices of fresh food such as pork and chicken, says Commerce Minister Jurin Laksanawisit.

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BUSINESS

Ministry vows to keep tabs on prices

Business, Phusadee Arunmas, Published on 27/05/2023

» During the transition period ahead of the formation of a new government, the Commerce Ministry has pledged to stay vigilant in monitoring and controlling the domestic prices of goods and services to prevent any impact on consumers.

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BUSINESS

Planning unit emerges from the shadows

Business, Phusadee Arunmas, Published on 27/05/2023

» The Commerce Ministry established the Trade Policy and Strategy Office (TPSO) in 2015 primarily to support the development of the economy through trade and economic data.