Thailand’s border trade is expected to grow 10-14% this year from an estimated 1.6 trillion baht in 2017, driven by growing demand for Thai goods, underlining the importance of partnerships on trade and investment as well as working to improve trade with minor cities in neighbouring countries. Adul Chotinisakorn, deputy director–general of the Foreign Trade […]
Read MoreThe Industry Ministry is confident that investment value in the flagship Eastern Economic Corridor (EEC) will reach 100 billion baht in 2018, thanks to the rise of new S-curve industries. Industry Minister Uttama Savanayana said the EEC will be a key economic engine to beef up the country’s GDP and improve competitiveness at the global […]
Read More[BANGKOK] Thailand exported a record 11.48 million tonnes of rice in 2017, the commerce ministry said on Wednesday. The amount, which surpassed the previous record of 10.96 million tonnes in 2014, was worth over US$5.1 billion, said Adul Chotinisakorn, deputy chief of the commerce ministry’s department of foreign trade. Thailand, the world’s second-biggest rice exporter […]
Read MoreMANILA, Philippines — Despite some “stabilization” of investment growth, the Philippines will continue to be the fastest-growing economy in Southeast Asia, the World Bank said on Tuesday. In an update of its twice-yearly economic report, the World Bank said the Philippines’ potential growth accelerated to around 5-6 percent in 2013-17. That was more than a […]
Read MoreTEMPO.CO, Jakarta – The Ministry of Agriculture claimed that Indonesia does not need to import rice as the domestic stock of 3 million tons produced in December 2017 will sufficiently meet the need of 2.6 million tons, an official said. “We do not need to import rice, as you can see from December to January, we had big […]
Read MoreThe Myanmar Investment Commission (MIC) is seeking to scale up domestic and international investments in the logistics and manufacturing sectors, according to law firm DFDL. The commission invited investors to develop logistics services located in major urban areas as well as trading hubs on December 26 last year. The specific types of investment areas open […]
Read More
Thailand
