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.
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.
Ministry of Commerce pushes for exports to offset trade war aftermath
The Board of Trade of Thailand’s Chairman has proposed temporary border trading points be upgraded to permanent ones and more centers for the distribution of SME goods be opened
Fruit farmers coping with oversupply and price slumps
Thai Government vows to help fruit farmers, following the problem of product oversupply and price slumps, the Ministry of Commerce said.
BANGKOK, August 2019 (NNT) – To help fruit farmers, following the problem of product oversupply and price slumps, the Ministry of Commerce has recently used Section 44, of the interim constitution, to engage government and private agencies in assisting them in terms of marketing to help sell the produce, including mangosteens, Lansium demesticum, rambutans, longans and other seasonal fruit.(more…)
Thailand’s Drought disaster estimated 10bn baht ($326M)
The overall damage is expected to escalate to 37 billion baht should the drought extends to September, as the wet season rice cultivation cycle would be affected; that would lower expected Thai economic growth to 2.9 percent from 3 percent.
BANGKOK, 3rd August 2019 (NNT) – The latest estimate from the University of Thai Chambers of Commerce (UTCC) shows the drought disaster this year has affected some 1,330 square kilometers of farmland, most of which is rice farms, with initial damage estimated at about 10 billion baht.(more…)
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