Thailand’s e-commerce to reach 13 billion USD by 2025

Thailand’s e-commerce to reach 13 billion USD by 2025

Thailand’s e-commerce to reach 13 billion USD by 2025 Southeast Asia will account for 20 percent of worldwide e-commerce by 2022. Moreover, Asia-Pacific is expected to become the largest cross-border trade region for both imports and exports. Thailand’s e-commerce market value is expected to surge to 13 billion USD by 2025 from 3 billion USD…

China’s imposition of GMP on durian may affect exports

China’s imposition of GMP on durian may affect exports

China’s imposition of GMP on durian may affect exports Only about 20% of durian exporters in Thailand’s southern provinces, and about 50% of the exporters in the northeastern region, have GMP certification, according to durian trading sources. Thai durian exporters and orchard owners have expressed serious concern that China’s recent imposition of Good Manufacturing Practice…

Low prices of farm goods raise concern

Low prices of farm goods raise concern

Low prices of farm goods raise concern Government and opposition MPs debated the low prices of rice, rubber, oil palm, longan, maize, coconut, sugarcane, onion and garlic as well as marine products. BANGKOK, 06 July 2019 (NNT) -The House of Representatives has considered urgent motions on the low prices of farm goods and resolved to…

Thailand and ASEAN economic integration

Thailand and ASEAN economic integration

Thailand and ASEAN economic integration Amidst global challenges politically and economically the ten members of Association of Southeast Asian Nations or ASEAN willl need even more economic strength and bargaining power globally. The 34th ASEAN summit was held in Bangkok and one of the main aspect of the statement is to emphasize economic integration among…

Thai exports fell by -5.8%YOY in May 2019

Thai exports fell by -5.8%YOY in May 2019

Thai exports fell by -5.8%YOY in May 2019 Reported negative growth in May represented a seven-consecutive month decline, with growth plummeting to a 34-months lowest rate. The value of Thai exports fell by -5.8%YOY in May 2019, after a -2.6%YOY contraction in the previous month. Reported negative growth in May represented a seven-consecutive month decline,…