Imports

Thailand should consider joining the Trans-Pacific Partnership because it will create collaboration among ASEAN countries, a banker says. On 5 October, 12 countries reached an agreement on trade liberalisation. Four of them are in the ASEAN region. Deja Tulananda, vice executive chairman of Bangkok Bank, said on 7 October that the ...

The chairman of the Federation of Thai Industries (FTI) is confident that gross domestic product (GDP) will grow by nearly 3 per cent this year from the government’s expected injection of around Bt200 billion into the economy this quarter and the rebound of the tourism sector after ...

Trade ministers from the 12 Trans-Pacific Partnership (TPP) member countries reached final consensus on the world’s largest free trade agreement at Atlanta, the US, on 5 October. After ending negotiations on the TPP deal, all TPP countries will review legal procedures to prepare for the official ...

Twelve Pacific rim countries sealed the deal late 5 October (Thailand time) to create the world’s largest free trade area, with implications for Thailand and for world trade in the 21st century. Working around the clock for days past their deadline, haggard trade ministers announced they reached ...

Vietnamese fruit sellers are selling more Thai vegetables, making it harder for local vegetable growers to compete.   Thailand is now the largest exporter of vegetables and fruits to Vietnam after surpassing China early last year.    Be, who has a fruit shop on Nguyen Thai Hoc Street, Can Tho, ...

Economist Le Dang Doanh warned that Vietnamese farm produce would face fiercer competition from other countries in the region when the ASEAN Economic Community is born at the end of this year. Keep reading ...

As domestic rice prices increase, cheaper and higher quality rice is now being illegally imported from Thailand, Myanmar rice traders say. Speculation over rice shortages since nationwide flooding in July and August increased transportation costs in some areas, and high production costs for farmers have driven ...

Only one month after the Ministry of Finance proposed increasing luxury taxes on cars with large engines to up to 75 percent, trade officials now say the maximum tax rate should be raised to 150 percent to restrict the use of expensive, fuel-hungry vehicles.  Keep reading ...

Exports continued to slide in August, down by 6.69% year-on-year, resulting in a contraction of 4.92% over the eight-month period. Keep reading ...

Vu Thi Thoan’s family has been making papier mache masks, part of traditional Vietnamese celebrations for the mid-autumn festival, for over four decades. But cheap Chinese toys are threatening her business. The mid-autumn festival, which falls on 27 September with the full moon, is Vietnam’s equivalent of ...