Inflation rates in developed countries, particularly in the US and among nations in the European Union, have been rising since the beginning of the year, in part because of large stimulus schemes designed to rehabilitate their economies battered by the pandemic. Other possible reasons for the inflation rate hike are pent-up demand, recovering world commodity […]
Read MorePhuket will persevere with its Phuket Sandbox tourism reopening scheme, despite escalating challenges associated with the rise in new Covid-19 infections, mostly infected locals who transferred from other provinces to receive treatment. “I insist the Phuket Sandbox will continue as what has happened still doesn’t affect the scheme,” said provincial governor Narong Wunsiew. Most of […]
Read MoreThe General Directorate of Agriculture has called on exporters and importers of red corn to comply with Thailand’s new requirements concerning cross-border commercial activities. The directorate cited letter No AC: 0914/1629 dated April 20 issued by the Thai Ministry of Agriculture and Cooperatives’ Department of Agriculture, which it said outlines new conditions for the export […]
Read MoreThailand’s border and transit trade in June surged 41.68 per cent from same period last year, the Commerce Ministry reported on Wednesday. Total border-transit trade last month was worth 146.094 billion baht. Trade with four neighbouring countries was topped by Malaysia with a rise of 15.33 per cent to 24.849 billion baht. Next came Laos […]
Read MoreThe draft of a new excise tax for the electric vehicle (EV) industry is on track and is expected to be finished this year, said Lavaron Sangsnit, director-general of the Excise Department. The new tax is aimed at stimulating demand for EVs in Thailand and wooing foreign investment into the industry, Mr Lavaron added. The […]
Read MoreJapanese food and raw material suppliers remain keen on exploring opportunities to expand their products in the Thai market even though Thailand’s domestic restaurant business is reeling from the pandemic. Hiroki Taniguchi, director of the Agriculture and Food Department of the Japan External Trade Organisation (Jetro) in Bangkok, said the export value of food and […]
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Thailand
