Thailand continued to lag behind India in terms of rice exports in January due to long holidays during the month. Charoen Laothamatas, president of the Thai Rice Exporters Association, said Thai rice shipments totalled 823,401 tonnes worth 12.3 billion baht (US$346 million) in January, down 19.7% by volume and 20.7% by value year-on-year, he said. When […]
Read MoreConsumer prices rose for the 11th straight month in February, driven by higher costs for oil, liquefied petroleum gas (LPG) and fresh food. The Commerce Ministry said the consumer price index (CPI) based on 422 products and services rose 1.44% last month year-on-year but eased from January, when the index rose 1.55% year-on-year — the […]
Read MoreShippers are maintaining their export growth forecast of 2-3% this year, citing myriad risks such as the possible negative impact of uncertain trade policies under US President Donald Trump. Nopporn Thepsithar, president of Thai National Shippers’ Council, said higher shipments in January are encouraging signs that still need close monitoring. He said higher exports came […]
Read MoreThe Revenue Department says it will enforce a new law to tax cross-border e-commerce transactions by April, a move that could hinder the growth of the sector. The development by the tax collection agency is intended to increase tax collection efficiency, particularly for fast-growing cross-border e-commerce transactions for which merchants are not required to pay […]
Read MoreThai exports are expected grow this year despite the protectionist policies of US President Donald Trump, according to the latest study of the University of the Thai Chamber of Commerce (UTCC). Aat Pisanwanich, director of the Center for International Trade Studies at the UTCC, said Thailand is likely to fetch 17.24 billion baht from higher […]
Read MoreAesthetic TBC, the 41-year-old Japanese skincare brand, has made its debut in Thailand, its first market outside Japan. The first Aesthetic TBC counter was recently opened at Zen Department Store in Bangkok and five more counters will be added in the capital this year, requiring total investment of 25 million baht. The company appointed Asia […]
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