Thailand’s Human Capital Key to Long-Term Growth Investing in human capital and pursuing economic reforms is critically important for Thailand to become a high-income nation Amid a global slowdown and elevated trade tensions, the Thai economy is projected to grow by 3.8 percent in 2019 and 3.9 in 2020, according to the World Bank’s Thailand…
Thai exports drop 4.9% in March Thailand’s exports in March were down 4.88 per cent year on year (YoY), leading to a 1.6-per-cent contraction in exports in the first quarter of this year compared to the same period last year. The Commerce Ministry reported on Monday Thailand’s customs-cleared exports fell to US$21.4 billion after a…
Trade, investment dividend sought from Brexit TRADE officials spy opportunities from the likelihood of more flexible regulations in Britain after it leaves the European Union. The prospect of eased trade and investment regulations in Europe’s second-biggest economy, they say, would provide a boost to Thai exporters and investors who are eyeing the key market. The…
Thai fruit exports rise to $2.65 bln under FTA deals BANGKOK, 1 April 2019 (NNT) – The Director-General of the Department of Trade Negotiations, Auramon Supthaweethum, said Thailand exported fruits worth 2.65 billion US dollars in 2018. This is a 17 percent increase year-on-year, driven by the country’s free trade agreements (FTA) with the ASEAN,…
Thai rice exports facing strong regional competition Rice exports are down in February’s sales figures, in both total volume and value. High prices and competition from Vietnam are being blamed, along with the ongoing strong baht. Rice farmers also say they are concerned how long the hot season will last which will also affect their…
Forecasts for Thai export growth revised upwards The meeting of the Joint Standing Committee on Commerce, Industry and Banking has revised upwards its forecast of export growth in 2019 to between 6.5 – 7.5% from the previous forecast of between 3.5 – 4.5%. The revision is in line with export growth in the past eight…
Thai businesses feeling pinch from china-US trade wars Since the US China trade war kicked off in the middle of 2018, Thai businesses have begun to feel the pinch as indicated by a small downward trend in Thai export numbers. In the short run, some Thai export items may benefit from trade diversion as US and…
Thai Economy Projected To Expand 3.8% (BoT) Addressing the Japanese Chamber of Commerce (JCC) Thailand Dinner Talk on the 27 March 2019, Dr. Veerathai Santiprabhob Governor of the Bank of Thailand said the Thai economy is projected to continue to expand around its potential, and economic growth this year will slightly moderate to 3.8 percent.…
Thai Fruit Exports Rise To $2.65 Bln Under FTA Deals BANGKOK, 1 April 2019 (NNT) – The Director-General of the Department of Trade Negotiations, Auramon Supthaweethum, said Thailand exported fruits worth 2.65 billion US dollars in 2018. This is a 17 percent increase year-on-year, driven by the country’s free trade agreements (FTA) with the ASEAN,…
PTG rolls out Coffee Franchise Business under Pun Thai Coffee and Coffee World brands Expects to reap positive outcomes from fast-growing Bangkok–27 Mar–The Way Communications “PTG Energy” pushes forward coffee franchise business under Pun Thai Coffee and Coffee World brands to encourage anyone who wants to run a coffee shop while expecting positive outcomes from…