Commerce Minister Jurin Laksanawisit expects Joe Biden’s victory in the US presidential election to benefit rather than harm Thailand’s exports, while ongoing trade spats between China and the US are likely to ease, boosting global trade sentiment. “The ministry expects the US under new leadership will have more relaxed measures, be it the Generalized System […]
Read MoreThe Charoen Pokphand (CP) Group can challenge the Trade Competition Commission’s (TCC) decision on the Tesco acquisition deal via the Administrative Court within 60 days, the commission said. The TCC ruled by majority in favour of the transaction, but imposed certain conditions, including a three-year ban on additional acquisitions in the same sector to prevent […]
Read MoreThe Federation of Thai Industries (FTI) plans to support a proposal to reduce the mandatory quarantine period for foreign tourists from 14 to 10 days during the Centre for Economic Situation Administration’s (CESA) meeting this week. This measure would improve business activities, said Supant Mongkolsuthree, the FTI’s chairman. “New ideas are needed to push the […]
Read MoreThe government has pledged to accelerate its efforts to rehabilitate Phuket’s tourism industry, which has been pounded by the pandemic on both its short-term and long-term goals. Prime Minister Prayut Chan-o-cha already ordered his advisory team, led by Thosaporn Sirisamphand, former secretary-general of the National Economic and Social Development Council (NESDC), to finalise the proposals […]
Read MoreSINGAPORE: With tighter border controls amid the coronavirus pandemic limiting the entry of new foreign workers into Singapore, sectors dependent on foreign labour are being squeezed more than before. More than 10 employers in the construction and food and beverage (F&B) sectors told The Sunday Times that their manpower costs have gone up significantly in […]
Read MoreBANGKOK: Border trade between Malaysia and Thailand in the first nine months of the year fell 17.23% to 175.10 billion baht (100 baht = RM13.50) as border closure to curb the spread of Covid-19 has disrupted normal economic activities. Foreign Trade Department director-general Keerati Rushchano said Thailand’s cross-border trade with neighbouring countries – Malaysia, Myanmar, […]
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