The dollar value of Thai exports fell for a seventh straight month in April, down 7.6% from a year earlier, the Ministry of Commerce said on Tuesday, as global demand remained slow. The decline was far more than the 2% fall forecast in a Reuters poll of economists, and came after a 4.2% drop in […]
Read MoreA new financial outlook released on Tuesday said that the Baht has become increasingly volatile, which has also affected foreign investment in Thailand. A financial analysis by Kasikorn Research Center, a research company and a subsidiary of KBank in Thailand, has said that internal and external factors like the US interest rate outlook; the Yuan outlook and […]
Read MoreThe decoupling of global supply chains following trade conflicts between the US and China could benefit Thailand in the automotive, electrical appliances, and electronics industries. Thailand needs to ramp up in-depth research and data analysis at provincial and regional levels to identify target markets for exports or investment in order to formulate appropriate promotion policies, according […]
Read MoreThe 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. Commerce Minister Jurin Laksanawisit said the event was tremendously successful based on strong collaboration among three parties: the Commerce Ministry’s International Trade Promotion Department, the Thai Chamber of […]
Read MoreFinance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices. The cabinet of outgoing Prime Minister Prayut Chan-o-cha extended the excise tax cut on diesel of 5 baht per litre until July 20 to help ease the […]
Read MoreSome 70% of consumers in Asia-Pacific are willing to increase their spending on health and wellness as they become more health-conscious following the pandemic, according to a recent survey. The Asia-Pacific Health Priority Survey, conducted by the US supplement distributor Herbalife, found interest in health improvement is most apparent in Southeast Asia, especially in Thailand, Indonesia, the […]
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