Thailand’s border trade is expected to continue growing by at least 3% next year, driven by the growing economies of Cambodia, Laos, Myanmar and Vietnam and the popularity of Thai products in those markets. Adul Chotinisakorn, deputy director-general of Foreign Trade Department, said border trade prospects remain strong and promising, while the economies of the […]
Read MoreThailand’s exports unexpectedly surged 10.2% year-on-year in November, hitting a record high in nine months and raising the government’s hope that whole-year exports could eke out marginal growth this year. The Commerce Ministry yesterday said exports bounced back strongly in November to US18.9 billion after falling 4.2% year-on-year in October and against growth of 3.4% and […]
Read MoreSince the implementation of the Foreign Business Act of 1999, foreign businesses set up in a range of industries in Thailand must have a Thai majority shareholder. One line of business that is exempt from this is import/export trading. This exemption, along with developed infrastructure and a solid legal framework, have made Thailand a hub […]
Read MoreCustoms-cleared exports surged in November thanks to higher demand from major markets, an encouraging sign for the trade-dependent economy. Exports for the month jumped 10.2% year on year, Commerce Ministry data showed on Monday, compared with the median forecast for a 1.55% rise in a Reuters poll and October’s 4.2% drop. The percentage gain was […]
Read MoreThais are using the Internet of Things (IoT) for different functions moderately compared with others countries in Asia-Pacific, thanks to the readiness of high-speed wireless infrastructure, says global research firm IDC. “The proliferation of mobile devices, the increased readiness of fourth-generation broadband and data centres, and the availability of analytic centres are the key factors driving […]
Read MoreSixteen leading wholesalers and retailers are set to offer year-end discounts up to 80% on select items for 21 days starting today. Commerce Minister Apiradi Tantraporn said yesterday that the wholesalers and retailers, which together have 13,500 branches nationwide, will cut product prices by 20-80% through Jan 4. The scheme is intended to help reduce […]
Read More
Thailand
