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Cambodia-Thailand trade surges 29%

The bilateral trade between Cambodia and Thailand increased significantly to $8,589 million in the ten-month period of 2022, up 29 percent compared to the same period last year. From January to October, Cambodia exported $959 million worth of goods to its neighbouring nation, a 28 percent increase year-on-year, according to an official report from Thailand’s […]

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Thailand could benefit as India’s sugar output set to drop 7%

SOLAPUR/KOLHAPUR/LATUR, India: India’s sugar output is likely to fall 7% this year as erratic weather conditions have cut cane yields, which could dampen exports from the world’s biggest producer of the sweetener, farmers, millers and traders said. Lower sugar exports from India, also the world’s second biggest exporter, could lift global prices and allow rivals Thailand […]

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Thailand: Tourism banking on Russia

Before Covid-19, Russian tourists were among the top source markets for the local tourism industry. Although the Russian market has spiked since October, Pattaya operators are worried about the slow resumption of chartered flights to U-tapao airport, which is struggling to meet demand as capacity is currently half the pre-Covid level. At present, there are chartered […]

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Thailand: EEC accelerates promotion push to attract private investments

The Eastern Economic Corridor (EEC) Office is speeding up efforts to encourage companies to join the government in transforming the economic zone into Thailand’s high-tech industrial hub. Co-investment between businesses and the government is key to the goal, said Kanit Sangsubhan, special advisor for the EEC’s strategic planning. Authorities will allocate 5% of the state budget […]

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Thailand: Frozen product business registrations surge 84%

Entrepreneurs have flocked to invest in the frozen food segment, with new business registrations rising by 84% in the first nine months, driven by rising domestic and export demand. According to Deputy Commerce Minister Sinit Lertkrai, new frozen food business registrations between January and October tallied 92, up from 42 in the same period last year, […]

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