Trade
Export growth forecast lowered to 4.5% for 2012
Thailand lowered its export growth forecast for this year from 12.8 to 4.5 per cent, with an economic expansion of 5.69 per cent

Thailand lowered its export growth forecast for this year from 12.8 to 4.5 per cent, with an economic expansion of 5.69 per cent.Fiscal Policy Office Director Somchai Sujjapongse said the percentage in response to Europes debt crisis and the worlds economic problems.
However, he said the commerce ministrys export growth target remains unchanged at 15 per cent in order to drive the work of officials to achieve the goal.Mr Somchai said he had reported to Prime Minister Yingluck Shinawatra on the German Federal Constitutional Courts ruling Wednesday on the European Stability Mechanism ESM ratification in order to help bring economic governance to countries in the euro zon
China
RCEP and China: Reimagining the future of trade in Asia
The Regional Comprehensive Economic Partnership (RCEP) could eventually usher in an era of much deeper regional integration: for corporates doing business in the region, their future success may well hinge on how adeptly they manage to navigate the evolution of Asia’s trade landscape under the RCEP.

Last month, 15 countries in the Asia-Pacific region – including the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Australia, Japan, New Zealand, and South Korea – signed the landmark Regional Comprehensive Economic Partnership (RCEP) on the final day of the 37th ASEAN Summit.
(more…)Trade
Will RCEP help drive South-east Asia’s Covid-19 recovery?
The Regional Comprehensive Economic Partnership (RCEP) was finally signed on Sunday November 15, on the sidelines of the annual summit of the Association of South-East Asian Nations (ASEAN).

Marking a significant regional milestone, it is hoped that the RCEP will help its 15 signatories recover from the economic fallout of the coronavirus pandemic.
(more…)China
Thailand ready to ink big Chinese-backed trade deal
The RCEP will cover all 10 Asean member states plus five partners: China, Australia, Japan, New Zealand, and South Korea and will take effect from the middle of 2021 if at least six Asean members and three partners agree to its terms.

Thailand is set to sign the world’s biggest free trade agreement with Japan, China, South Korea and 12 other Asia-Pacific countries at the 37th Asean Summit this week.
(more…)-
Forex1 week ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
-
National5 days ago
Human trafficking cases in Thailand hit decade low due to COVID-19
-
Economics5 days ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
-
Banking7 days ago
Can Fintech drive a strong post-COVID-19 recovery in Asia?