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
via 2012 export growth forecast lowered to 4.5%.
Business
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”
Container shipping prices have reached record highs some 18 months after the outbreak of the coronavirus pandemic which disrupted maritime logistics chains and drove demand sky-high.
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Trade
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.
BANGKOK (NNT) – 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.
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