Economy and commerce
Trade
TPP trade talks appeal, says Somkid
Thailand is interested in joining the controversial Trans-Pacific Partnership (TPP) trade pact being touted by the United States, but needs to study the terms and conditions of the new trade bloc first, Deputy Prime Minister Somkid Jatusripitak says. Keep reading ...
US slashes anti-dumping tax on Vietnamese shrimp
The US Department of Commerce has cut anti-dumping tariffs on Vietnamese shrimp by up to 86 percent, giving rise to hope that shrimp exports to that country will increase in the remaining months of this year. Keep reading ...
Myanmar a rival on the rise
Structural reform in Myanmar means more competition for Cambodia’s key export industries. While Cambodia’s economic development is often compared to that of neighbouring Vietnam and Thailand’s, industry insiders say the Kingdom needs to keep a close eye on the steady progress being made in Myanmar, which ...
ADB set to slash Thai GDP growth forecast
The Asian Development Bank (ADB) will revise down its GDP growth forecast for Thailand to lower than 2.9% this year following the country’s slower-than-expected performance in the first half. However, the new growth forecast, due to be announced on 22 September, will be higher than 2.5%, ...
Mekong dwellers struggle to adapt to tides of change
Since its founding, the inhabitants of Can Tho city have sold their wares atop the water, which has become a tourist spectacle. This has been the way of life for as long as any resident here can remember, but things are changing. In recent years, local communities ...
Vietnam, Egypt step up bilateral trade ties
Representatives from about 70 Vietnamese and Egyptian enterprises shared information on business opportunities at a forum in Cairo on 7 September. Keep reading ...
Myanmar border trade tops $2.4bn
Trade between Myanmar and its four neighbouring countries has reached US$2.48 billion (85 billion baht) in the financial year to date, a Myanmar Commerce Ministry official said. Keep reading ...
Laos' ASEAN presidency to help Russia boost Russia-Asian ties- Putin
Laos’ upcoming presidency of the ASEAN could help Russia enhance trade and economic ties with Asia, Sputnik news cited Russian President Vladimir Putin as saying. Keep reading ...
Vietnam seeking to boost exports: officials
Vietnam is seeking measures to boost exports as it is forecast to continue seeing a slow growth, officials said on 3 September. Export prices and volumes of many agricultural and mineral products will continue their downward trends, affecting the increase of export value, Nguyen Tien Vy, ...
Thai consumers reluctant to spend
Based on the latest report by the Commerce Ministry, consumer prices based on 450 products and services fell for an eighth straight month in August due mainly to prolonged weak consumption. The ministry on 1 September reported prices contracted by 1.19% year-on-year last month. Keep reading ...
