Over 29,000 export items await waiver More than 29,000 Thai export items will receive a tariff waiver from Jan 1 next year under the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world’s biggest free trade deal. The agreement was signed by 15 nations in Asia-Pacific, including Thailand in November last year, and needs ratification…
Chatuchak Market to open weekdays BANGKOK (NNT) – Vendors at Chatuchak Weekend Market in Bangkok will be allowed to sell there on weekdays as well, as part of City Hall’s latest measure to help vendors affected by economic fallout caused by the pandemic. The Bangkok Metropolitan Administration’s (BMA) market office has given a green light…
Commart projecting brisk business New computer technology and flourishing demand for devices to support online work and study amid a supply shortage are expected to drive sales at the IT fair Commart throughout this coming weekend, according to IT vendors. “We believe consumer sentiment has returned following the vaccine rollout, coupled with the government’s financial…
Thai export sector shows signs of recovery as global economy wakes from slumber Thailand’s international trade has been improving in line with the gradual recovery of the global economy, with Thai exports bringing in more than US$20 billion as of February. Though overall exports have dropped by 2.59 per cent year-on-year, export in the real…
Ministry sets up panel devoted to BCG economy The Industry Ministry has set up a new committee on bio-, circular and green (BCG) economy to step up efforts at putting Thailand on a path toward economic sustainability. The establishment came after the government declared the BCG economic model as a national agenda, hoping it will…
Thailand records higher exports of US$20.22 bln in February BANGKOK, March 25 — Thailand’s international trade has improved in line with the gradual recovery of the global economy, with its export value rising month-on-month to above US$20 billion (AS$1=RM4.12) in February. However, year-on-year (y-o-y), exports fell 2.59 per cent to US$20.22 billion (US$1=RM4.14), the Ministry of Commerce said. …
World Bank: Untapped opportunity for Malaysia to reap environmental, economic benefits KUALA LUMPUR, March 23 — A series of World Bank Group studies show that there are untapped opportunities for Malaysia, the Philippines and Thailand to reap environmental and economic benefits with clear and complementary interventions from the private and public sectors. Country director for Brunei, Malaysia, Philippines…
Thailand’s EEC joins hands with Huawei Thailand’s Eastern Economic Corridor Office (EECO) and Chinese tech giant Huawei signed a memorandum of understanding (MoU) that aims to produce a digital workforce to meet the kingdom’s emerging needs and developing its position as a digital regional hub. The digital talent collaboration in conjunction with Huawei Asean Academy…
Civil Aviation Authority to consider airlines’ requests to ease some Covid measures The Civil Aviation Authority of Thailand has singled out 8 Thai airlines it still has faith in and believes will stay afloat. The CAAT says that without the Covid-19 crisis, none of the carriers risked going bankrupt and the tough financial situation they…
Rise in Thai Shopping Online Accelerates Asia’s Shift to E-commerce BANGKOK (NNT) – The number of Thai households shopping online has shot up 58 per cent during the Covid-19 pandemic, which has accelerated the region’s shift to e-commerce. The dramatic rise in households buying online signals a turning point for e-commerce in Asia. According to global…