# Thailand Business News — Morning Briefing : Thailand & Asia | 17 September 2026

- Link: https://www.thailand-business-news.com/finance/329176-thailand-business-news-morning-briefing-thailand-asia-17-september-2026
- Published: 2026-09-17T05:19:00+07:00
- Author: Bui Dung

## Thailand seeks Trump meeting to unlock trade deal as US tariff pressure remains high

Thailand has proposed a meeting between Prime Minister Anutin Charnvirakul and US
President Donald Trump in New York on **September 17 or 18**, with bilateral trade
negotiations and tariff rates at the centre of the agenda. Commerce Minister Suphajee
Suthumpun said Bangkok hopes to complete the technical negotiations before the leaders
meet, leaving the tariff rate and final adjustments for the political discussions.

The United States is Thailand’s largest export market, accounting for around **24%
of Thai exports so far this year**. Washington imposed a **12.5% tariff on Thai 
imports in July**, making the outcome of the current negotiations particularly important
for Thai manufacturers and exporters competing with producers elsewhere in Asia.

ADVERTISEMENT

Bangkok is seeking tariff treatment comparable with Thailand’s regional competitors.
The government’s negotiating position reflects concern that a relatively higher 
US tariff could encourage American buyers to shift sourcing toward Vietnam, Malaysia
or other ASEAN production centres, particularly in electronics, machinery, automotive
components and consumer goods.

The talks also come against a backdrop of broader changes in Thai-US economic relations.
The two countries have previously committed to expanding cooperation in investment,
digital trade, energy and critical-mineral supply chains, while Thailand has signalled
a willingness to increase purchases of US goods and energy as part of a wider effort
to rebalance bilateral trade.

For Thai businesses, the immediate issue is not only the headline tariff but also
the treatment of rules of origin, non-tariff barriers and sector-specific exemptions.
A deal that provides Thailand with predictable market access could reduce uncertainty
for exporters and encourage companies to maintain or expand production capacity 
in the country.

**Key points**

 * Thailand has proposed an Anutin-Trump meeting for **September 17–18** to discuss
   the trade deal and tariffs.
 * The US accounts for around **24% of Thailand’s exports** so far in 2026.
 * Thailand is currently facing a **12.5% US tariff**, with Bangkok seeking treatment
   comparable to regional competitors.

**Why it matters:** The US market is critical to Thailand’s export-led manufacturing
sectors, and tariff uncertainty is already influencing supply-chain decisions across
Asia. A favourable outcome would protect Thailand’s competitiveness, while failure
to secure comparable terms could accelerate investment and production shifts toward
neighbouring ASEAN economies.

---

## Thailand launches THB1 billion private-equity trust to finance new-economy companies

Thailand is establishing a **THB1 billion private-equity trust** designed to provide
growth capital to technology and other New Economy businesses, addressing a persistent
funding gap between early-stage financing and public-market listings. The initiative
is being developed with the Stock Exchange of Thailand and is intended to help promising
companies scale before eventually accessing the capital market.

The programme is part of a broader effort to deepen Thailand’s domestic investment
ecosystem. While the country has attracted substantial foreign investment in electronics,
digital infrastructure, EVs and other advanced sectors, domestic companies often
struggle to secure the larger pools of capital needed for expansion, technology 
investment and international growth.

The trust is particularly relevant to Thailand’s emerging technology sector because
traditional bank lending is often poorly suited to businesses whose main assets 
are intellectual property, software, data or future growth potential. Private-equity
financing can provide longer-term capital without imposing the same collateral requirements
as conventional corporate loans.

The initiative also complements the Board of Investment’s new efforts to encourage
promoted companies to list domestically. The **“BOI to IPO”** programme provides
additional incentives to qualifying New Economy companies that eventually list on
SET, mai or LiVEx, creating a potential pipeline from government-supported investment
to private capital and ultimately public markets.

Thailand’s capital-market authorities are seeking to increase the number of high-
growth domestic companies able to scale locally rather than selling to foreign investors
or moving their headquarters overseas. The strategy is particularly important as
Thailand competes with Singapore, Malaysia, Vietnam and Indonesia for technology
entrepreneurs, venture capital and advanced manufacturing investment.

**Key points**

 * A new **THB1bn private-equity trust** will provide growth capital for New Economy
   companies.
 * The initiative targets the funding gap between **early-stage finance and public-
   market listings**.
 * It complements the BOI’s **“BOI to IPO”** strategy for technology and high-growth
   businesses.

**Why it matters:** Access to growth capital is one of Thailand’s structural weaknesses.
If the new trust succeeds in helping technology and advanced-industry firms scale,
it could strengthen the domestic corporate sector, create higher-value employment
and give Thai investors greater exposure to the country’s emerging technology economy.

### Related**Posts**

###  󠀁[Thailand September Exports Surge 24% on Electronics and US Demand](https://www.thailand-business-news.com/news/336866-thailands-export-value-in-september-2026-continued-to-grow-strongly-driven-by-electronics)󠁿

###  󠀁[Thailand Plans New Transparency Rules for Digital-Platform Fees](https://www.thailand-business-news.com/trade/336659-thailand-moves-to-tighten-digital-platform-fees-amid-sme-concerns)󠁿

###  󠀁[Delta Thailand Q3 Sales Surge 42.4% on AI Demand, Profit Misses Estimates](https://www.thailand-business-news.com/business/336934-delta-thailand-q3-sales-surge-42-4-on-ai-demand-profit-misses-estimates)󠁿

###  󠀁[Thailand Business News — Morning Briefing | 29 October 2026 | Thailand, ASEAN and Global Markets](https://www.thailand-business-news.com/markets/commodities/337096-thailand-business-news-morning-briefing-29-october-2026-thailand-asean-and-global-markets)󠁿

---

## Japan’s trade deficit widens as oil costs surge despite strong semiconductor exports

Japan recorded a **1.106 trillion yen (US$7.12 billion) trade deficit in August**,
its fourth consecutive monthly shortfall, as soaring energy costs pushed imports
sharply higher. Imports jumped **28% year on year to 11.15 trillion yen**, exceeding
the 26.3% market forecast, while exports rose a strong **19.3%**, marking their 
12th consecutive month of growth.

The export performance was driven by strong demand for semiconductor-related products
and higher non-ferrous metal prices. Shipments to the United States increased **
24.9%**, while exports to China rose **20.6%**, demonstrating continued strength
in Japan’s technology and industrial supply chains despite rising geopolitical and
energy risks.

Energy costs, however, are rapidly changing the import picture. The value of Japan’s
crude-oil imports increased **58.7%**, while import volumes rose 3.6%, reflecting
the impact of oil prices above US$100 a barrel following disruptions to Middle Eastern
energy infrastructure and shipping routes. The weak yen has further amplified the
cost of imported commodities.

The data strengthen expectations that the Bank of Japan will raise its policy rate
from **1% to 1.25%** at its upcoming meeting. The BOJ is confronting a difficult
combination of persistent inflation, rising import costs and strong corporate investment,
while higher interest rates could strengthen the yen and put pressure on exporters.

Japan’s experience is particularly relevant for Thailand because both economies 
are highly integrated into Asian manufacturing supply chains and exposed to imported
energy. A prolonged oil shock could similarly raise Thailand’s import bill while
simultaneously supporting demand for some technology and industrial exports.

**Key points**

 * Japan posted a **¥1.106tn (US$7.12bn) trade deficit** in August, the fourth consecutive
   monthly deficit.
 * Imports surged **28%**, while exports increased **19.3%**, their 12th straight
   monthly rise.
 * Crude-oil import value jumped **58.7%**, reinforcing expectations of a BOJ rate
   increase to **1.25%**.

**Why it matters:** Japan’s figures show how quickly higher oil prices can overwhelm
otherwise strong export performance. For Thailand, the lesson is equally important:
electronics and industrial exports may benefit from regional demand, but an extended
energy shock could weaken the current account, raise inflation and complicate the
monetary-policy outlook.
