Keyword: "Ministry of Commerce"

Thailand's exports continued to be driven mainly by electronics shipments, in line with the upswing in the computer cycle and the expansion of modern technologies, including AI, which has boosted demand for manufactured goods.

Although a slowdown is expected in the remaining four months of the year, the Ministry of Commerce forecast that Thailand’s annual exports will still post growth of 2–3%, potentially exceeding the set target.

Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.

Thailand’s exports are on track to achieve a historical high of 300 billion USD this year, up 5.2% year-on-year, according to the Ministry of Commerce.

Thailand's customs-based exports fell 10.9% in March from a year earlier, weaker than analysts' expectations while exports to China and Japan fell 9.7% and 19.3%, respectively, according to the Ministry of Commerce.

Many Thai businesses are struggling to continue operations, with 1,867 enterprises shutting up shop in July, The Nation newspaper reported.

Thailand's exports of cassava and cassava products are estimated at 9 million tonnes this year, down from 11 million tonnes last year due to reduced output caused by drought, according to the Foreign Trade Department under the Ministry of Commerce.

The Ministry of Commerce (MOC) of Thailand has pledged to take measures to drive the government's soft power development policy with a focus on promoting Thai cultural products worldwide through a "5F" approach, referring to food, film, fashion, fighting and festivals, local media reported.

The Thai Government predicts inflation to decline further this year, as the headline inflation in January cooled to its lowest rate in nine months.

The Ministry of Commerce has announced the registration of Nam Dok Mai Si Thong mangoes from Phitsanulok province as a new geographical indication (GI) product.

Thailand earned 95.23 billion baht (2.54 billion USD) from exporting 5.41 million tonnes of rice in the first nine months of this year, up 40% in volume and 36% in value from the same period last year, according to the Ministry of Commerce.

Thailand’s Ministry of Commerce is holding the first Thailand Fineness expo, aimed at helping to boost general consumption and domestic travel, with at least 100 million baht cash flow expected.

Thailand’s Ministry of Commerce has announced a ban on the import of 428 types of electronic waste, or e-waste, to protect the environment.

Thailand’s consumer price index (CPI) fell by 1.57 percent in June from a year earlier, the country’s Ministry of Commerce announced on July 3.

Cambodia’s exports to Thailand skyrocketed in the first quarter of this year, although the two countries have imposed strict measures to control cross-border trade midst the COVID-19 spread.

Thailand’s Ministry of Commerce has come up with four strategies to boost exports in 2020, including plans to expand existing major markets such as ASEAN, the European Union, the US, Japan, and China.

The value of Thailand’s border trade rose slightly in the first half of 2019 and is expected to expand in the second half, the Department of Foreign Trade under the Thai Ministry of Commerce said on July 30.

Thailand’s Ministry of Commerce has prepared a plan to promote exports in the second half of this year for the new Commerce Minister’s consideration.

Thailand’s Ministry of Commerce has reported that the country’s exports of fruits and vegetable to China surged 31 percent in the January-May period to 1.2 billion USD.

The Rice Policy and Management Committee of Thailand has announced rice stock release plans and expects over 34 million tonnes of rice throughout this year.