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New campaign encourages farmers to sell online

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BANGKOK (NNT) – A new campaign by the Ministry of Agriculture and Cooperatives has made it easier for farmers to sell their produce directly to customers online, with a logistic provider now offering discounted transport fees for a fast and safe delivery to customer’s hands.

The Department of Agricultural Extension has signed an agreement with logistics provider Kerry Express Thailand, on the development of a logistical system for Thai farmers, as part of a campaign to promote faster, safe, and more efficient delivery of farm products directly from farmers to consumers.

Under this agreement, Kerry Express will be offering a 10-30% fee discount on the delivery of farm products, and introduce specially designed packages to prevent damage to the produce.

Farmers will have the option to request on-site pickup by the courier, and receive advice on how to properly pack their produce for delivery.

This campaign is aimed at giving farmers a new, more convenient retail channel that can help them gain more income, while giving consumers more direct access to fresh produce brought straight from farms.

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Economics

World Bank lowers Thai GDP growth outlook to 2.2%

In the Thailand Economic Monitor released today, the World Bank adjusted its outlook on Thailand’s economic growth this year to just 2.2% from its previous forecast of 3.4%.

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BANGKOK, July 15, 2021 – Thailand’s economy continues to take a heavy toll due to the COVID-19 pandemic and is projected to expand modestly at 2.2 percent in 2021, revised down from the 3.4 percent growth projected in March, according to the World Bank’s latest Thailand Economic Monitor “The Road to Recovery” published today.

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Economics

Thailand’s Economy and COVID-19: Five Things to Know

Thailand’s GDP fell by 6.1 percent in 2020, the largest contraction since the Asian financial crisis. The tourism sector, which accounts for about a fifth of GDP and 20 percent of employment, has been especially affected by the cessation of tourist travel.

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Like many countries, Thailand’s economy was hit hard by the COVID-19 pandemic last year. The country’s GDP fell by over 6 percent in 2020 and many workers, especially those related to the tourism sector, lost their jobs.

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