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Biden win forecast to benefit Thailand

Observers said Joe Biden’s victory in the United States’ presidential election would have a positive impact on Thailand, noting that ongoing trade tensions with China were likely to cool as the president-elect has vowed to resume constructive dialogue with all strategic partners. The vice-president of the Thai National Shippers’ Council (TNSC), Visit Limlurcha, said that once […]

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Thailand poised to sign RCEP deal mid-month

Thailand looks set to sign the Regional Comprehensive Economic Partnership (RCEP) trade pact by the middle of this month. According to a source at the Commerce Ministry who requested anonymity, Commerce Minister Jurin Laksanawisit would represent Thailand in signing the pact during Asean regional summits held virtually from Nov 12-15. Vietnam, as chair of Asean, […]

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Tesco gets nod for sale of Thailand supermarket business

BANGKOK (AFP) – Thailand’s competition regulator has given the nod for British retail giant Tesco to sell its supermarket businesses to the Charoen Pokphand Group, despite monopoly concerns. The USD10.6 billion sale to Thailand’s biggest conglomerate was first flagged in March and also covers Tesco’s operations in Malaysia. “The majority of commissioners agreed that the […]

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Myanmar-Thailand trade tops $20 bln in past 4 years

The value of Myanmar’s bilateral trade with neighbouring country Thailand in maritime trade and border trade was estimated at US$18.865 billion in the past four financial years, the statistics issued by the Central Statistical Organization under the Ministry of Planning, Finance and Industry indicated. The ministry reported that exports surpassed imports in trade with Thailand […]

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Thailand set to sign RCEP trade deal

Thailand will attend the signing of the long-awaited Regional Comprehensive Economic Partnership (RCEP) at the 37th Asean Summit under the chairmanship of Vietnam next week. It will be the first-ever virtual signing of an agreement Asean has undertaken, a Foreign Ministry official said on Thursday. The bloc and its dialogue partners are scheduled to convene […]

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