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GENERAL

Exports see decline in June as agricultural trade suffers

Business, Phusadee Arunmas, Published on 27/07/2024

» Exports in June shrank by 0.3%, representing the first contraction in three months, due to the end of the season for fruit products, the Commerce Ministry said on Friday, adding that it still expected exports to grow overall this year.

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GENERAL

Up to 2m vendors set to participate in scheme

Business, Phusadee Arunmas, Published on 26/07/2024

» The Commerce Ministry has confirmed that it will finalise registration of 2 million vendors for the digital wallet handout scheme by September.

GENERAL

Trade Policy and Strategy Office promotes 'farm-to-face' products

Business, Phusadee Arunmas, Published on 25/07/2024

» So-called "farm-to-face" beauty products are a growing trend in response to environmental sustainability, providing promising opportunities for rural entrepreneurs, according to the Trade Policy and Strategy Office (TPSO).

GENERAL

Commercial agencies urged to aid small businesses

Business, Phusadee Arunmas, Published on 24/07/2024

» The Commerce Ministry has ordered commercial agencies under its supervision to come up with measures to help small businesses sell their products to stimulate the grassroots economy amid a stagnant economy.

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GENERAL

Digital handout set for introduction in Q4

Business, Phusadee Arunmas, Published on 22/07/2024

» The Commerce Ministry has revealed the final preparations concerning the registration of recipients and participating shops for the digital wallet handout scheme.

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GENERAL

Organic approach to sustainable well-being

Business, Phusadee Arunmas, Published on 20/07/2024

» Although progress has been made in production and policy measures, organic agriculture is still considered to be at an early stage of development in Thailand when it comes to major actors such as private companies, government projects, grower cooperatives, grassroots support groups and non-government organisations.

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GENERAL

Department predicts rise in new business registrations

Business, Phusadee Arunmas, Published on 19/07/2024

» The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.

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GENERAL

Policy direction unravelled

Business, Phusadee Arunmas, Published on 18/07/2024

» Thailand's trade competition policy direction will focus on the adaptation of businesses to cope with rapidly changing trade measures and balancing the interests of agriculturists, business operators and consumers.

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GENERAL

New partnership to boost future food

Business, Phusadee Arunmas, Published on 17/07/2024

» The Commerce Ministry and private sector are joining forces to develop the future food industry to add value to agricultural products, aiming to introduce a new growth engine to the Thai economy.

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GENERAL

Meeting prioritises household debt issue

Business, Phusadee Arunmas, Published on 16/07/2024

» The economic cabinet has directed the Finance Ministry and the Bank of Thailand to expedite addressing household debt, particularly bad debts in housing, cars, motorcycles, credit cards and student loans as the economy has yet to see clear signs of recovery.