The Latest Breaking News from Commerce

The Commerce Ministry is beefing up fruit promotion campaigns to stimulate domestic consumption and offset lower exports of the food, which are being hit hard by the ongoing closure of China's key border checkpoints.

The Commerce Ministry is set to host Asia-Pacific Economic Cooperation (Apec) trade ministers in Bangkok, with renewed talks on the long-delayed Free Trade Area of the Asia-Pacific (FTAAP) and open economies topping the agenda.

The Biden administration is split on whether to pare back tariffs on imports from China in an effort to cut consumer costs and reduce inflation, as the White House gives renewed consideration to a step that has divided officials.

Food prices are on the rise everywhere in the world. In Thailand, prices of limes have been at historical highs for months, now as much as 10 baht each in wet markets. Instant noodle makers want to hike their prices by up to 20% as raw material costs have surged,…

Commerce Minister Jurin Laksanawisit on Thursday blocked an attempt to raise instant noodle prices on the back of higher production costs driven by a hike in global oil prices.

The Commerce Ministry looks set to capitalise on the popularity of Danupha "Milli" Khanatheerakul to boost shipments of Thai fruit and food.

EAM Jaishankar and USTR Katherine Tai took stock of India-U.S. trade ties, discussed the implications of the Russia-Ukraine war on global trade and the Indo-Pacific Economic Framework

The Commerce Ministry will seek cabinet endorsement for a proposed negotiation framework for a free-trade agreement (FTA) with the European Free Trade Association (Efta) following a recent public hearing on the matter.

The US government has banned exports to Russian state airline Aeroflot as well as two other carriers for flying aircraft in violation of sanctions, the Commerce Department said Thursday. Washington warned last month that the carriers had gone against penalties imposed on Moscow over its invasion of Ukraine by flying…

The U.S. Commerce Department issued orders denying the export privileges for Aeroflot, Azur Air, and UTair, stating that the three Russian airlines violated American export controls imposed on Russia in the wake of the Ukraine war. The decision comes after the U.S. identified more than 170 Boeing Co (NYSE:BA) planes used by Russian airlines…

Thai food processors and the Thai Chamber of Commerce have called for an extension of anti-dumping (AD) duty waivers on tin plate and tin-free steel, used widely in canned food, for at least six months to help offset the impact of rising steel prices and their production costs.