export
- Economy News
Thailand’s manufacturing production highest in 23 months
After 2 years of falling, largely affected by the Covid-19 pandemic, Thailand’s manufacturing production index has grown for the first time in 23 months. The index, which measures manufacturing activity, hit 107.73 last month, which is the highest it has been since April of 2019. With a growth of 4.12% in the last year, the index had its strongest performance…
- Economy News
8% March growth for Thai exports in promising recovery
An 8% increase in exports is expected for March fueled by online officials connecting foreign buyers with Thai exporters. Commerce Minister Jurin Laksanawisit touted the success of this plan to have officials working as salesmen to promote Thai products worldwide, the results of which produced 14.4 billion baht in exports last year. The Trade Policy and Strategy Office will release…
- Economy News
China grows 18.3%, the only major economy to grow in 2020
China’s economy set a record for growth in Q1, 2021, marking an 18.3% jump in year-on-year figures, the biggest quarterly growth in almost 30 years. China only started publishing growth statistics in 1992, and this drastic increase is the fastest growth recorded since then. The figures, however impressive, are mainly due to what is called a “low base effect” where…
- Thailand News
Thailand News Today | Shootout in Pattaya, Exports down 7%, Hotels eschew ASQ | November 3
Thailand News Today, covering all the main stories from around Thailand. Please comment below or on the YouTube channel. Pattaya journalist injured as foreigner steals gun, fires at police, then kills himself An armed man has killed himself after a stand-off with police in Pattaya that lasted several hours, during which a journalist was shot. It’s understood the man, a…
- Thailand News
Thailand News Today | Army v Twitter, Tourism interrupted, Thailand World’s #6 | October 9
Clerk calls out Thai Army for alleged corruption An army clerk is calling out the Thai Army for alleged corruption, saying he was forced to withdraw money under his name which was then falsely documented as a travel expense. The clerk at the army’s Ordnance Material Rebuild Centre posted photos of documents on Facebook, showing the withdrawal listed as a…
- World News
50 tonnes of dodgy durian seized and destroyed in China
In a move that will attract thanks from 1000s of westerners, China has destroyed nearly 50 tonnes of illegally imported durian, valued around 5.5 million baht. The durians had been smuggled into China. Shiokou, a border town in Cao Bang Province in Vietnam, was where the dodgy durian was intercepted. The land port has been operating since 1792 and plays…
- Economy News
Thailand’s GDP forecast to fall up to 9% this year
Thailand’s GDP is set to fall 7-9%, year-on-year, according to the Joint Standing Committee on Commerce, Industry and Banking. The fall is, not surprisingly, being fallout from the catastrophic drop in tourism and lower exports. Kalin Sarasin, chairman of the Board of Trade of Thailand, says the expected contraction was revised downwards from 5-8%. The committee also predicted exports would drop…
- Economy News
Instant noodle exports increase as neighbouring countries stock up
Craving noodles? Seems like many people stuck at home want the cheap and quick meal. Preparation is quick, the price is low, there’s flavours aplenty and they’re easy to find. Thailand’s exports of instant noodles have gone up this year, the country’s Ministry of Commerce reported yesterday. With ridiculously low prices, a long shelf life and, let’s admit, some pretty…
- Environment News
Thailand to re-open the export of elephants after a 10 year ban
After more than ten years with a ban on the export of Thai elephants, Thailand’s Foreign Trade Department is now poised to ease restrictions paving the way for the export of the protected species for ‘non-commercial purposes’. The director-general of the Foreign Trade Department, Mr. Adul Chotenisakorn, says the Ministry of Commerce issued a new regulation on April 10 to…
