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BUSINESS

Pact with Japan to bolster trade and investment

Business, Phusadee Arunmas, Published on 17/03/2023

» The Japan Business Federation, also known as Keidanren, signed a memorandum of understanding yesterday with the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to strengthen trade, investment and economic cooperation between the two nations' business sectors.

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BUSINESS

Thais urged to monitor rates

Business, Phusadee Arunmas, Published on 17/03/2023

» Thai exporters and importers are being advised to closely monitor the exchange rate and develop appropriate strategies to cope with the impact of short-term foreign exchange fluctuations.

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BUSINESS

Local+ project aims to raise community income

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

» The Commerce Ministry has launched the Local+ project to increase income for low-income earners by identifying and supporting local products in three categories: bio-, circular and green (BCG), innovation and identity.

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BUSINESS

Seeding the future through innovation

Business, Phusadee Arunmas, Published on 04/03/2023

» Bangsue Chia Meng Rice Mill may not ring a bell with many Thais, but the company's Hong Thong (Golden Phoenix) premium rice brand has been well known for a long time.

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BUSINESS

Crude palm oil exports set to hit 1m tonnes

Business, Phusadee Arunmas, Published on 23/02/2023

» Crude palm oil exports may reach 1 million tonnes this year, up from 919,000 tonnes last year, driven by a higher supply of oil palm and strong demand from India and China, according to the Commerce Ministry.

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BUSINESS

Foreigners set to invest B100bn this year

Business, Phusadee Arunmas, Published on 24/02/2023

» The Commerce Ministry remains bullish about Thailand's foreign investment prospects, forecasting a minimum of 100 billion baht in inflows this year.

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BUSINESS

Business registrations climb to 10-year high

Business, Phusadee Arunmas, Published on 25/02/2023

» The improving economy and rapidly recovering tourism sector led new business registrations to rise by 6% year-on-year in January, reaching the highest level in a decade.

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BUSINESS

Exports of rice likely to keep growing

Business, Phusadee Arunmas, Published on 28/02/2023

» Demand for Thai rice in the international market remains strong, with Commerce Minister Jurin Laksanawisit expecting the country's exports to potentially increase to 8 million tonnes this year.

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BUSINESS

Demystifying sticky Thai goods prices

Business, Phusadee Arunmas, Published on 01/03/2023

» Thailand may be unique in handling the domestic prices of products and services. Whenever manufacturers and business operators shoulder higher production costs and ask state units for permission to raise their prices, the Internal Trade Department always rushes to call a joint meeting with them.

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BUSINESS

Economic gains ease cost pressure on producers

Business, Phusadee Arunmas, Published on 17/02/2023

» The Commerce Ministry insists pressure on domestic manufacturers to raise product prices has declined as sales improve, the government issues stimulus measures, discount campaigns are organised nationwide by the ministry to reduce the cost of living, and a surge of foreign tourist arrivals drives economic activities.