RCEP kicks in with Thailand, China and 8 other countries

With 15 Asia-Pacific countries covering about 30% of the world’s gross domestic product and population, the RCEP takes effect among 10 members that completed ratification: China, Japan, Australia, New Zealand, Brunei, Cambodia, Laos, Singapore, Thailand and Vietnam

Biden must build stronger trade ties with ASEAN

The United States had not met with ASEAN at the presidential level since former president Donald Trump attended a meeting in Manila in 2017. Biden’s attendance and remarks at the summit signal that Southeast Asia is a higher priority for the current administration.

Thai civil society urges government to end plans to join CPTPP

Thailand’s anti-CPTPP civil society organizations, claiming to represent 400,000 citizens, issued an open letter today (Thursday), addressed to Prime Minister Prayut Chan-o-cha, urging the government immediately to cease plans to join the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc.

How the COVID-19 situation may affect Thailand’s export sector

Thailand’s export sector could face damage of 200-300 billion baht if the situation cannot be brought under control within six months.

Pandemic drives sea freight prices to record high

The Covid-19 pandemic, which initially brought global shipping to a virtual standstill, did not bode well for the industry and led to “an unprecedented drop in demand”

Thailand and EU resume FTA negotiations

Thailand and the European Union (EU) are now back in talks to establish a Free Trade Agreement (FTA), for the first time since the initiative was put on hold in 2014.

Thailand to increase rice exports to 6 million tons this year

BANGKOK (NNT) – The Commerce Ministry has launched measures to increase rice…

UK exporters’ use of Singapore as ASEAN’s supply chain gateway boosted by new bilateral trade agreement

Singapore’s role as a hub for UK companies, whether as exporters or investors accessing Southeast Asia’s and broader Asian dynamic economies, was elevated by the new UK-Singapore trade agreement (UKSTA) which came into effect on 1st January 2021.