Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
Thailand’s Commerce Minister Suphajee Suthumpun today criticised Malaysia's sudden ban on five species of Thai shrimp, warning that Thailand could elevate the dispute to the World Trade Organisation (WTO) and regional ASEAN channels if bilateral talks fail.
The Thai Restaurant Association and food operators in Chiang Mai are calling on the government to revise the eligibility criteria for the 'Thai Chuay Thai Plus' economic stimulus scheme, claiming that the current income cap has excluded numerous establishments and led to a sharp decline in sales.
Agriculture Minister Suriya Juangroongruangkit said today that he is ready to meet with his Malaysian counterpart to settle the trade dispute over Thai shrimp exports to Malaysia and sea bass imports to Thailand.
Clicx Bank, Thailand’s first virtual bank, will begin offering financial services from June 2, marking a giant step for the country into the digital era.
The Ministry of Commerce has stepped in to help southern shrimp farmers by securing new markets and negotiations under the frameworks of the World Trade Organisation (WTO) and ASEAN, after Malaysia temporarily banned imports of five shrimp species from Thailand, effective June 1, out of safety concerns.
Thai agricultural exporters are facing growing pressure to prove that their products are not linked to deforestation, illegal land use or poor labour practices, as European sustainability and due diligence rules begin to reshape global supply chains.
More than 25 million people have registered for the government's new economic stimulus scheme, ‘Thai Chuay Thai Plus’, in its first two days.
Thailand is speeding up its ambition to position itself among the world’s leading food-exporting nations amid global concerns over food security, supply chain resilience and sustainability that continue to reshape international trade.
Thailand’s imports surged to an all-time high in April this year, widening the national trade deficit to a historic level, despite a robust 22-consecutive-month increase in exports, according to the Trade Policy and Strategy Office (TPSO) under the Ministry of Commerce.
Commerce Minister Suphajee Suthumpun has sought to reassure local farmers over a deal allowing imports of genetically modified organism (GMO) maize from the United States, insisting the agreement will not hurt domestic prices or farmers’ incomes.
Economic growth in the Asia-Pacific region is expected to slow over the next two years as high oil prices in the Middle East disrupt supply chains and drive up food costs, according to a report released on May 21.
PM’s Office Minister Paradorn Prissananantakul is confident today that the computer system of the state-run Krung Thai Bank will not collapse when registration for the ‘Thai Chuay Thai Plus’ co-payment system begins on Monday.
