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Thailand showcases Innovative agricultural products

The Institute for Agricultural Product Innovation has developed some 700 new products, and is ready to join forces with major retailers to sell them to customers.

National News Bureau of Thailand

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BANGKOK (NNT) – The Department of Foreign Trade has been promoting innovative agricultural products development through the Institute for Agricultural Product Innovation.

Now, with some 700 new products developed, the institute is ready to join hands with major retailers to sell these products to customers.

Some 60 innovative agricultural products, including foods and non-food health and beauty products, have been selected by the Agricultural Product Innovation (APi) from 16 manufacturers and are now featured at APi Festival at Big C event at Big C Ratchadamri shopping center in Bangkok to expand marketing opportunities for these products at modern shopping centers, and raising the awareness of these products among Thai people and tourists.

Innovative agricultural products on sale

A similar event is also being held at Big C Ratchada shopping center from now until 13 June.

The Department of Foreign Trade Director General Adul Chotinisakorn revealed the department is planned to hold similar events in June and July at Central Festival shopping centers in tourism provinces, namely Chonburi, Chiang Mai, and Phuket, to introduce innovative agricultural products to international customers, showing the quality and standard of Thai innovative farm products on par with those imported from foreign countries, and can meet the needs of modern lifestyle well.

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Business

Political uncertainties send Business sentiment to 15-month low

The TCC Confidence Index figure in May 2019 is recorded at 47.7, which is the lowest in 15 months, with lower indication scores in all regions including Bangkok and neighbouring provinces.

National News Bureau of Thailand

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BANGKOK, 21 June 2019 (NNT) – Uncertainties regarding the forming of a new government and trade war concerns, have resulted in confidence among business operators in May 2019 continuing to decline, reaching a 15-month low, as shown in the latest TCC Confidence Index.

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Asean

Thai Prime minister opens ASEAN Business Summit

Thailand has gone through restive situations and solved obstacles to national development, such as the illegal, unregulated and unreported fishing and human trafficking, as well as facilitated doing business to upgrade the country’s competitiveness.

National News Bureau of Thailand

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BANGKOK, 21 June 2019 (NNT) – Prime Minister Gen. Prayut Chan-o-cha delivered a speech, entitled ’the Future of Thailand and ASEAN’, during the fifth Bloomberg ASEAN Business Summit. The premier confirmed that Thailand, as chair of ASEAN this year, has had the potential and is prepared in all aspects to make progress alongside the ASEAN community.

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Business

King Power bags duty free contract at Thailand’s four major airports

King Power Duty Free Company won the contracts to operate duty free shops at Suvarnabhumi International, Phuket, Chiang Mai and Hat Yai airports

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The board of Airports of Thailand (AOT) today endorsed the bid committee’s decision to award the contracts to operate duty free shops at Suvarnabhumi International, Phuket, Chiang Mai and Hat Yai airports, and to manage commercial areas at Suvarnabhumi International airport, to King Power Duty Free Company.

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