Rice prices to climb on the back of India’s export ban
The ban implemented by India has caused uncertainty among rice exporters worldwide. With the largest supplier out of the market, traders in various countries are anxiously waiting to see how prices will be affected before making new deals
Thailand has been actively pursuing FTAs with various countries and regions, both bilaterally and multilaterally. As of July 2023, Thailand has signed 13 FTAs with 18 countries or regions, covering about 60% of its total trade value.
Thailand Investment Applications Rise 70% in H1 says BOI
Foreign direct investments (FDI) saw a significant increase of 141%, with global companies favoring Thailand as a manufacturing base in industries such as electronics, food processing, and automotive, particularly in the electric vehicle (EV) supply chain.
Thailand’s exports to increase slightly by 1% in 2023
Exports, a major factor in Thai growth, may decline by 5% to 6% in the first half of the year compared to the same period last year before rebounding in the second, the council predicted in a statement.