The Bangkok Post

Thailand to overhaul sugar policy

Thailand, the world’s second largest sugar exporter after Brazil, is to overhaul its sugar production and distribution systems for the first time in more than three decades in order to avoid being challenged by Brazil at the World Trade Organization. The move is unlikely to make ...

Exporters warned over strict standards

Amid poor export prospects, Thai exporters are being warned of looming strict trade standards on food safety, sanitation and the environment, notably from the US, the EU and Japan. Pimchanok Vonkhorporn, deputy director–general of Trade Policy and Strategy Office under the Commerce Ministry, said stricter ...

34 provinces on alert as storm Rai covers Thailand

The Meteorological Department issued a warning on September 13 to people in 34 provinces in the North, Northeast and East to brace for heavy rain and stay tuned for weather updates. As of early Wednesday, tropical storm “Rai” was over Laos and the Northeast on September ...

An elemental difference has developed among those concerned for wetland conservation

If this year’s severe drought returns next dry season, Uncle Wai Rodtayoy and other salt farmers in tambon Koek Kharm of Samut Sakhon, known as the country’s largest sea-salt-farming area, will see mounting debts. The price of salt this year bottomed at 450 baht per ...

EC debates bill to boost power

The Election Commission is expected to debate on September 13 a draft organic law seeking to grant itself more powers to ensure efficiency in guarding against poll fraud and cheats. A source at the EC said the draft law involves the elections of MPs and the mechanisms ...

State aid for cassava farmers

The government is set to introduce measures to curb the adverse impact of falling tapioca prices in light of lower imports from China and price-cutting competition. Wiboonlasana Ruamraksa, director-general of the Internal Trade Department, said the measures include schemes to cut farmers’ existing loan interest, ...

Push for more investment in CLMV

Despite the strong economic growth of Cambodia, Laos, Myanmar and Vietnam, very few Thai companies have sought to capitalise on their economies, say government and industry officials. The Industry Ministry’s Department of Industry Promotion found only a few large enterprises such as PTT Plc, the ...

Businesses urged to hedge baht in face of volatility

Business leaders have expressed concerns that the rapidly appreciating baht could dampen exports and suggest business operators hedge foreign exchange risks. The monthly meeting of the Joint Standing Committee on Commerce, Industry and Banking on September 5 heard the disquiet over the increasing volatility of foreign exchange. ...

Compromise Mahakan plan 'possible'

In what appears to be a compromise to the long-standing Mahakan Fort conflict, a panel under the Committee for the Conservation of Rattanakosin says it is open to new resolutions to the land dispute which may include an alternative plan to allow the old community to ...

Jack Ma wants to ship Thai farm exports

Prime Minister Prayut Chan-o-cha has asked Jack Ma to support Thai small and medium-sized enterprises as the Alibaba Group’s founder wants the country to export farm products to China and ASEAN through the group. Referring to their meeting in Hangzhou in the night of September ...

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