MRT to start passenger Test Runs late July on Blue Line extension The Mass Rapid Transit Authority (MRTA) commenced internal test runs on the MRT Blue Line’s Hua Lamphong – Bangkae extension on 1st July this year. BANGKOK, 07 July 2019 (NNT) – The Mass Rapid Transit Authority is set to open the MRT Blue…
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 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 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 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 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,…
Thailand tops UN Sustainable Development Goals (SDGs) rank in ASEAN Other ASEAN countries have also been ranked for their SDGs achievements, namely Vietnam at the 54th, Singapore at the 66th, Malaysia at the 68th, the Philippines at the 97th, Indonesia at the 102nd, Myanmar at the 110th, the Lao PDR at the 111th, Cambodia at…
New government should Speed up Thai-EU trade agreement Thai exports may lose market share in the European Union (EU) to neighboring ASEAN countries in the near future, if the EU can conclude bilateral trade deals with them. Thai exports to major markets are under pressure from the escalating trade war, which is likely to linger…
Visitor numbers to rise 7% to 39-39.8 million in 2019 The overall annual visitor number this year is now expected to be 39-39.8 million, a 2-4% increase on last year. BANGKOK, 2 July 2019(NNT) – Visitor numbers in the latter half of 2019 are expected to reach 20.1 million following proactive marketing campaigns by tourism…
BKK passenger arrivals expected to surge to 200,000 a day in October Amid gloomy forecasts and predictions for Thailand’s tourist industry, some good news out of the country’s largest airport, Suvarnabhumi Airport in Bangkok. The number of passengers arriving at Suvarnabhumi Airport in Bangkok is expected to rise to 200,000 a day when the ‘winter…