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The Latest Breaking News from Commerce Ministry

High-value industrial products with few imported raw materials such as rubber products, canned and processed seafood, gems and jewellery are expected to be the hardest hit as the baht strengthens, according to the planning unit of the Commerce Ministry.

Bangkok Post

Jurin optimistic on trade bonanza from UAE venture

Commerce Minister Jurin Laksanawisit is scheduled to lead delegations from the government and private sector to visit the United Arab Emirates (UAE) during Feb 6-7, with a goal to raise Thai exports to the UAE by up to 30 billion baht this year.

Bangkok Post

Officials optimistic over Laos borders

The Commerce Ministry is bullish about bilateral trade with Laos after officials recently met their counterparts to accelerate the reopening of four border checkpoints opposite Thailand's Nong Khai province.

Bangkok Post

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Demand sturdy as rice export target 7.5m tonnes

Thailand has set a rice export target for this year of 7.5 million tonnes, slightly lower than the 7.69 million tonnes exported in 2022.

Bangkok Post

US-China tech war likely to intensify

Thai entrepreneurs are being urged to closely monitor the US-China technology war as it is expected to intensify this year, warns the Commerce Ministry's planning unit.

Bangkok Post

Ministry extends price controls on five products

The Commerce Ministry has extended price controls on five products comprising hygienic face masks, synthetic fibres for face mask production, alcohol gel, paper for recycling, and chicken for another year.

Bangkok Post

Ministry identifies 8 sectors with promise

Bangkok Post

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Inflation rate poised to slow to 2-3% in 2023

Thailand's inflation rate is expected to slow to 2-3% this year after soaring to a 24-year high last year, driven mainly by rising energy prices.

Bangkok Post

Headline CPI up 5.89%, in line with forecast

Thailand's headline consumer price index (CPI) rose 5.89% in December from a year earlier, in line with analyst forecasts, but above the previous month driven by higher energy and food prices, government data showed on Thursday.

Bangkok Post

Agency to continue cost of living battle

The Commerce Ministry vows to move ahead with plans to help reduce the cost of living for people this year despite inflationary pressure easing, as reflected by lower domestic prices of most products and services.

Bangkok Post

Fiscal policy plans endorsed by cabinet

The cabinet yesterday approved the medium-term fiscal policy for fiscal 2024-2027, with the aim of achieving a significant reduction in the budget deficit in 2024 to ensure fiscal stability.

Bangkok Post

Exports continue to slump

Exports are expected to continue dropping in December because of the global economic slowdown, but the Commerce Ministry remains confident that full-year export growth should be around 7%.

Bangkok Post

Exports drop 6.0% in Nov, slightly worse than forecast

Thailand's exports dropped for a second straight month in November and by more than expected, due to a global slowdown and China's lockdown measures, the Commerce Ministry said on Tuesday.

Bangkok Post

Shopping discounts launched

The Commerce Ministry kicked off its "New Year Grand Sale" campaign yesterday via partnerships with the private sector and online platforms, offering steep discounts of up to 85%.

Bangkok Post

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Bangkok Post

Exports to grow amid global slump

Thailand's exports are expected to reach nine trillion baht by the end of the year, before increasing further to 9.25 trillion baht next year, amid predictions of higher-than-expected economic growth, according to the Commerce Ministry.

Bangkok Post

Democrats on the brink

The Democrat Party disputes a recent opinion poll that poured cold water over its prospects in the next general election, saying voters will have the final say.

Bangkok Post

War rooms set up to stimulate exports

The Commerce Ministry has set up war rooms to spur exports, tackle obstacles to trade and curb the negative impact of a global economic slowdown in 2023.

Bangkok Post

Inflation slows for 3 months in a row

Thailand's inflation rate slowed for a third straight month in November helped by a fall in food prices, especially for fresh vegetables, fresh fruits, meats and seasonings.

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Bangkok Post

Inflation slowing as supply increases

Inflation slowed for three consecutive months, easing from 5.9% in October to 5.5% in November, on prices of fresh food and ingredients as supply increased, according to the Commerce Ministry.

Bangkok Post

Exports forecast to ease in final quarter

Exports are expected to contract by 1-3% in the fourth quarter year-on-year because of slowing global demand, according to the national shipping trade group.

Bangkok Post

Exports drop in Oct as global demand slows

Exports unexpectedly fell in October as tight monetary policy to curb inflation in major trading partners affected purchasing power and economic activity, the Commerce Ministry said on Monday.

Asharq Al-Awsat

Ecotourism... A Future Direction for Investment in Saudi Arabia

A Saudi investment forum has highlighted ecotourism as one of the most prominent investment shifts in the Kingdom during the coming period. Prince Faisal bin Mishaal bin Saud, Governor of Qassim region, stressed the importance of overcoming obstacles for investors, pointing to cooperation in this regard with the Commerce Ministry…

Bangkok Post

Inflation expected to fall further this year

Thai inflation in November and December is expected to decelerate further, following a decrease in the prices of several essential consumer goods and stable prices of some items despite higher costs.

Bangkok Post

Ministry, advertisers tackle IP woes

The Commerce Ministry has teamed up with advertising associations and intellectual property (IP) rights owners to fight IP infringement in online ads, aiming to enhance investor confidence and bolster the country's soft power.

Bangkok Post

Top cop, commerce officials arrested for selling victims' data to scammers

A police lieutenant colonel and a married couple at the Commerce Ministry have been arrested for selling the personal information of more than 1,000 people to Chinese call centre scammers, with 20,000 baht a day being paid into their bank accounts.

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