Connect with us

Business

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

National News Bureau of Thailand

Published

on

BANGKOK, 12th August 2019 (NNT) – The Board of Trade of Thailand is working with the Ministry of Commerce to add value to the wide range of Thai goods for export, in reaction to the trade war between the United States and China.

Deputy Prime Minister/Commerce Minister Jurin Laksanawisit; Board of Trade of Thailand’s Chairman Kalin Sarasin and Board of Trade of Thailand’s Vice President Sanan Ang-ubolkul, recently held talks and agreed to set up a war room of representatives of the Ministry of Commerce and the private sector, to monitor the world trade situation and jointly promote the export of Thai goods.

In addition, working groups will be set up to define each category of export goods, associated services and related marketing.

Meanwhile, the Ministry of Commerce will promptly open more trade negotiations, focus on cross-border trading and amend any regulations which might impede exports.

The Joint Public-Private Sector Consultative Committee will hold a meeting on the issue on Wednesday.

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 to ensure convenient processes aid the expansion of the range of exports from Thailand.

Source link

Continue Reading
Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Business

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.

National News Bureau of Thailand

Published

on

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…)
Continue Reading

Business

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.

National News Bureau of Thailand

Published

on

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…)
Continue Reading

Business

Restaurant business in Thailand…is it still worth investing ?

Restaurant business tends to be constantly growing as a result of structural change like smaller household and changing consumer lifestyle.

Avatar

Published

on

Restaurant business still has a chance to grow amidst economic fluctuation. EIC estimates a 4-5% business expansion in 2019-2020 as a result of changing population structure: smaller household, urban expansion and changing consumer lifestyle.

(more…)
Continue Reading

Most Read

Upcoming Events

Sep 19

ASEAN (Bangkok)Toys and Preschool Expo

September 19 @ 10:00 am - September 21 @ 7:00 pm BMT
Oct 16

GovInsider Live

October 16 - October 17
Nov 27

The Future Energy Show Thailand

November 27 @ 10:00 am - November 28 @ 5:30 pm BMT
Dec 05

The Healthcare+ Expo Taiwan

December 5 @ 9:00 am - December 8 @ 5:30 pm BMT

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 11,079 other subscribers

Trending