Thai exports could take $27 billion hit from US tariffs, industry group says
By Reuters and published by CNA THE Federation of Thai Industries on Tuesday (July 8) estimated that damage to Thai exports could reach 800 billion to 900 billion baht ($24.5 billion to $27.6 billion) from US tariffs of 36 percent, slated to start in August. Meanwhile, Asian economies prepared on Tuesday to step up […]
Read MoreThai May exports jump 18.4% y/y, well above forecast
By Reuters and published by CNA THAILAND’S customs-cleared exports jumped 18.4 percent in May from a year earlier, the commerce ministry said on Wednesday (June 18), beating analysts’ expectations. The reading compared with a forecast 6.7 percent year-on-year increase for May in a Reuters poll, and followed April’s 10.2 percent rise. In the first […]
Read MoreMinistry eases rules on export of Thai wooden products, but not Siamese Rosewood
THE Commerce Ministry today (Feb. 27) reduced steps in the export of Thai wooden products, except for Siamese Rosewood (phayung), with entrepreneurs no longer having to obtain a permit to do so in a move to boost competitiveness in the world market, TV Channel 7 said. Ms. Arada Fuangthong, director-general of the Department of […]
Read MoreThai economy helped by exports and manufacturing in August, but tourism slows
[corner-ad id=”1″] By Reuters and published by CNA THAILAND’S economy remained at similar levels in August from the previous month, the central bank said on Monday (Sep. 30) with economic activity supported by exports and manufacturing, but tourism slowed. Exports, a key driver of the Thai economy, rose 11.4 percent in August from a year […]
Read MoreThai durian still dominates Chinese market
THAI DURIAN EXPORTS have continually prevailed over the Chinese market throughout last year, a government official confirmed yesterday (Jan.24). China purchased a total of 1.42 million tonnes of durian worth US$6.71 billion from various exporting countries last year, accounting for a 72% increase in volume from 2022. Of that total, some 928,900 tonnes of […]
Read MoreThai food exports seen at record high this year – industry group
By Reuters and published by CNA THAILAND’S food exports are expected to rise by 2.1 percent to a record of 1.5 trillion baht ($44.31 billion) this year, helped by a recovery in global demand and China’s reopening, a leading industry group said today (May 10). The country’ food shipments, which account for 14.6 percent […]
Read MoreRussia says two Ukrainian ports ready to ship grain but Kyiv must demine coast
By Reuters and published by US News & World Report London – Russia said on Tuesday that two major Ukrainian ports on the Sea of Azov seized by Russian forces were ready to resume grain shipments, but the Kremlin said Kyiv still needed to demine the approaches to its ports for exports to take […]
Read MorePolice: Suspect in kidnap case likely tipped off CNN about used medical gloves
CENTRAL Investigation Bureau (CIB) police today (Oct. 27) revealed that an American man who is believed to have given information to CNN on used medical gloves being exported to the US is a suspect in the kidnapping of a Taiwanese man to collect debts, Amarin TV said. Pol. Lt. Gen. Jirapob Phuridet, CIB chief, told […]
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