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GENERAL

Thailand jumps five places in competitiveness ranking

Business, Phusadee Arunmas, Published on 19/06/2024

» Thailand's position in a competitiveness ranking improved to 25th from 30th, surpassing Malaysia to finish second in Asean, with a notable improvement in economic performance.

GENERAL

Office eager to push secondary items

Business, Phusadee Arunmas, Published on 19/06/2024

» The Trade Policy and Strategy Office (TPSO) has analysed secondary export products with what is deemed a low value amidst non-discriminatory trade policies as well as a government push for more exports.

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GENERAL

SME event to promote trade amongst small businesses

Business, Phusadee Arunmas, Published on 17/06/2024

» The public and private sectors have joined hands to generate marketing opportunities for small and medium-sized enterprises (SMEs) through a new trade show named Thailand SME Synergy Expo 2024, featuring products and services that supports business matching.

GENERAL

DUP/Index drops to a 7-month low in May

Business, Phusadee Arunmas, Published on 14/06/2024

» The consumer confidence index (CCI) reached its lowest point in seven months in May, with the decline attributed to political uncertainty, a slow rate of economic recovery, higher living costs, and mounting geopolitical tensions, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).

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

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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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.