Business

16 countries agree to conclude RCEP talks by end of this month

The final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments

Published

1 week ago

September 9, 2019

National News Bureau of Thailand

BANGKOK, 9 September 2019(NNT)-The 51st ASEAN Economic Ministers Meeting has agreed that the final round of the Regional Comprehensive Economic Partnership (RCEP) talks in Vietnam should reach their conclusion by the end of this month.

Thailand’s Deputy Prime Minister/Commerce Minister Jurin Laksanawisit, who chaired the 7th RCEP meeting, said the final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments which are to be submitted to an ASEAN Summit in Bangkok in November.

16 countries agree RCEP talks to conclude by end of this month — Thailand’s Deputy Prime Minister/Commerce Minister Jurin Laksanawisit

Then, the signing of RCEP agreements will take place next year.

The deputy prime minister commented that all the 16 ASEAN and trade partner countries should compromise in negotiations pertaining to goods, services and investments for the improved well-being of the people in each of those countries.

He said RCEP agreements will strengthen the economic and investment stability and cooperation among the 16 ASEAN and trade partner countries, which are to make common resolutions and compromises over the next three months so that a conclusion will be reached and submitted to the ASEAN Summit as planned.

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Business

Thailand to Produce 2.5 Million Vehicles in 2030

Today there are about 15 million vehicles in Thailand and the Energy Ministry expects to see 1.2 million BEVs and plug-in hybrid electric vehicles within 2036.

Published

2 weeks ago

September 3, 2019

Boris Sullivan

The Thailand Automotive Institute expects the country will produce 2.5 million vehicles in 2030 and about 200,000 of them will be battery electric vehicles (BEVs).

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Business

PTT to invest 30bn ($967M) baht in EEC

PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC)

Published

4 weeks ago

August 21, 2019

National News Bureau of Thailand

BANGKOK, (NNT) – The global economic slowdown and trade war have caused fluctuations in energy prices. In response, PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC), while the company’s profit in 2019’s first half was reduce by higher oil prices.

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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

Published

1 month ago

August 12, 2019

National News Bureau of Thailand

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.

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