Economy and commerce

Confidence is riding high according to the Joint Standing Committee on Commerce, Industry and Banking. They report that the private sector remains confident about Thailand’s economic growth of 4.5% being maintained as exports and tourism continue to rise.Keep reading ...

The value of Thai rice exports in the first two months of 2018 was recorded at 30 billion baht. According to the Thai Rice Exporters Association, Thailand sold 1.9 million tons of rice worth 30.318 billion baht to overseas buyers around the world between January ...

The central bank has revised this year’s GDP growth target to 4.1% and export growth target to 7%.  The Monetary Policy Committee of the Bank of Thailand (BoT) said it expected the country’s GDP to expand by 4.1% this year, 0.2% higher than its previous ...

Kasikorn Research Center (KSC) has maintained its economic growth forecast for Thailand at 4% this year despite US trade barriers. The KRC claimed even though the US’s imposition of tariffs on certain import goods would affect many countries in different ways, the impact would be ...

The leaders of six countries along the Mekong River  adopted an ambitious investment plan worth US$66 billion over the next five years. At least $7 billion will come from the Asian Development Bank (ADB) and the rest from governments and the private sector, they said.Keep ...

Thai rice exports in the first two months of 2018 rose 10% year-on-year by volume to 1.91 million tonnes and 16.1% in baht value to 30.32 billion baht but orders are falling due to the strong baht.Keep reading ...

Thailand is considering opening some businesses in the service industry to more foreign investment, the Bangkok Post reported on Monday (March 26). A panel overseeing the review will meet on Thursday to decide the types of service businesses that will be opened up to foreign ...

Deputy Agriculture and Cooperatives Minister Niwat Sutemechaikul, along with China’s Consul General to Chiang Mai Ren Yisheng, presided over the ceremony marking the first shipment of the Thai chicken products to China at Chiang Saen Cargo Port in Chiang Rai.Keep reading ...

Thailand is slated to host the 8th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Meeting this June, according to the Ministry of Foreign Affairs.Keep reading ...

The Ministry of Commerce says the global economic recovery contributed to February’s export growth of 10.3% while maintaining this year’s export growth target at 8%.Keep reading ...