Thailand’s exports in the first eight months of this year totalled around US$125 billion, representing an increase of 32.6 per cent, according to Commerce Minister Pornthiva Nakasai.
Ms Pornthiva said the export volume in August alone reached US$16.4 billion, or an increase of 23.9 per cent, compared to the same period last year.
The export for major goods increased in every sector, she said. Agricultural and agro-industrial products saw a 14-per cent rise, as well as rubber, processed and canned frozen food which enjoyed increasing orders in both quantity and value.
Industrial goods including electrical appliances, automobiles, plastic resin, and plastic and rubber products recorded an increase of more than 20 per cent.
Export values in Thailand’s main markets have continued higher for the tenth running, at some 31.2 per cent, while the values in its minor or new markets rose for the 12th consecutive month, at around 11.5 per cent.
However, rice orders for exports were lower due to the ongoing strong baht currency and competition from Vietnam, Pakistan and India. The volume of rice orders has fallen by 13.5 per cent, while its value was down 18.6 per cent.
Thailand maintains Emergency Decree while easing Covid-19 restrictions
The Center for COVID-19 Situation Administration (CCSA) has extended the Emergency Decree until November 30th, but further relaxed some measures.
Thailand’s Centre for COVID-19 Situation Administration (CCSA) approved a proposal to shorten the nighttime curfew to 10pm-4am, instead of the current 9pm-4am, and to resume other types of businesses from October 1st.(more…)
Thailand Approves Package to Attract Wealthy Foreigners and Professionals
Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals from overseas to help revive the post-COVID economy.
Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals from overseas to help revive the post-COVID economy.(more…)
China’s economy stumbles on power crunch
BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks...
Quarantine-Free Thailand Reopens for Vaccinated Tourists From 1 November 2021
The Tourism Authority of Thailand (TAT) would like to confirm that Thailand is all set to welcome fully vaccinated foreign...
The ASEAN-India Trade in Goods Agreement
The ASEAN-India Trade in Goods Agreement (the “Agreement”) is a trade deal between the ten member states of ASEAN and...
Bangkok lifts more COVID-19 restrictions
In response to the Royal Thai Government’s announcement to relax more COVID-19 controls in the dark-red zone provinces, which include...
Thailand lifts curfew in ‘Blue Zone’ destinations from 31 October 2021
Bangkok, 22 October, 2021 – The Tourism Authority of Thailand (TAT) would like to provide an update that the night-time...