Cambodia and Thailand will sign a Memorandum of Understanding (MoU) on cross-border trade in early November to comply with Thailand’s new customs law, which is due to come into effect on November 13. The announcement of the new MoU comes after the prime ministers of both nations, meeting during the Third Cambodia-Thailand Joint Cabinet Retreat […]
Read MoreExports rose for a seventh straight month in September, surging 12.2% year-on-year to a record-high US$21.8 billion (722.4 trillion baht), as demand increased in all traditional and emerging markets, says Commerce Minister Apiradi Tantraporn. She said exports to the traditional key markets of the US, Japan and EU rose by 5.7%, 10.3% and 2.1% year-on-year […]
Read MoreSome 70% of small and medium-sized enterprises (SMEs) say their business has bottomed out, but most remain uncertain of when they will start investing again, according to a survey by the University of the Thai Chamber of Commerce (UTCC). As many as 38.8% of respondents were unsure when they will invest again, 3% said they […]
Read MoreThe Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob. “Currently, our forecast still points to [headline] inflation reaching the target band in early to mid-2018, so there’s no need to change the […]
Read MoreThailand’s baht currency is still moving in line with economcic fundamentals and regional peers, the central bank governor said on Thursday, as the baht hovered near more than 29-month highs against the dollar. Thailand’s external position is strong enough to cope with rises in US interest rates, Veerathai Santiprabhob told reporters. The baht has strengthened […]
Read MoreExports set a new monthly high at US$21,812 million in September, rising 12.2% year-on-year, and export growth in the first nine months of the year peaked was the best in six years. Commerce Minister Apiradi Tantraporn said on Thursday the value of exports in September was the highest on record. Exports had now grown for […]
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