Thailand is likely to export 11 million tonnes of rice this year, higher than its target, Commerce Minister Apiradi Tantraporn said on Wednesday. “Thailand is negotiating rice deals with many countries such as Sri Lanka and Bangladesh,” Ms Apiradi told reporters. “This will help improve Thai rice prices and push our export volume up to 11 million tonnes,” she said. Thailand, the […]
Read MoreConsumer prices, which indicate the country’s inflation rate, rose in July after a two-month contraction. The increase was largely due to energy prices rising in line with global oil prices, as well as higher seasonal food prices. Pimchanok Vonkorpon, director-general of the Commerce Ministry’s Trade Policy and Strategy Office, said the July consumer price index […]
Read MoreEconomic growth in the second quarter is expected to be close to the first quarter’s reading of 3.3% and accelerate to 3.7% in the second half, says a senior Bank of Thailand official. “Some economic engines showed stronger growth than expected but I, personally, think that GDP growth in the second quarter was roughly the […]
Read MoreBANGKOK (THE NATION/ASIA NEWS NETWORK) – Visitors from Singapore and Hong Kong will soon be breezing through immigration at Suvarnabhumi and Don Mueang international airports as authorities implement a new scheme to allow them to use automatic passport scanners currently reserved for Thai nationals. Immigration bureau commissioner Pol Lt-General Nathathorn Prousoontorn said the move would […]
Read MoreThailand’s retail industry grew 2.81% in the first half of 2017, lower than the 3-3.2% expected earlier, the Thai Retailers Association (TRA) said yesterday. While retail sales grew 3.02% in the first quarter, growth was sluggish in the following three months, said TRA president Jariya Chirathivat. Retail branches in Greater Bangkok and major tourist areas […]
Read MoreThais are concerned about what lies around the corner for Bangkok’s real-estate market, but expect to see property grow in value over the next five years, according to the latest consumer sentiment survey by DDproperty, a leading online property portal. The survey, carried out in the first half of this year, looks at sentiment in Bangkok […]
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