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The Latest Breaking News from Chaichan Chareonsuk

The value of Thai exports dipped for an eighth consecutive month in May, falling by 4.6% to US$24.3 billion, contributing to an overall decline of 5.1% to $116 billion in the first five months of this year.

Bangkok Post

Shippers lower exports forecast

The Thai National Shippers' Council (TNSC) has trimmed its exports forecast to a range of -0.5% to 1% growth, compared with 0-1% growth previously, based on high uncertainty surrounding major trading partners the US, the EU and China, in addition to relatively high global interest rates.

Bangkok Post

Thai exports expected to improve in H2

Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.

Bangkok Post

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Shippers still buoyant on export outlook

The Thai National Shippers' Council (TNSC) still believes exports can eke out growth of 0-1% this year, as it urges swift establishment of a new government to spur the country's trade competitiveness and address economic issues.

Bangkok Post

Exports seen rising up to 1% this year

Thailand's exports are likely to be flat or rise up to 1% this year as global demand has slowed but a weak baht is providing support, the Thai shippers' council said on Tuesday.

Bangkok Post

Ministry maintains export target despite stagnation

The Commerce Ministry is keeping its export growth target of 1-2% this year despite Thai shipments falling for a seventh consecutive month in April.

Bangkok Post

Commerce Ministry aims to stimulate exports in H2

The Commerce Ministry wants to increase the value of exports by another 19.4 billion baht (around US$550 million) in the second half, providing support through the hosting of up to 350 export stimulus activities.

Bangkok Post

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Commerce Ministry keeps export growth target

The Ministry of Commerce still believes the country’s exports will grow by 1% to 2% this year, a senior official said on Thursday, amid slowing global demand.

Bangkok Post

Victorious parties urged to move fast

The business sector is calling for a new government to be quickly established and its policies to be agreed upon by the coalition parties, saying this will greatly affect the country's confidence.

Bangkok Post

Export forecast lowered amid global woes

The Thai National Shippers' Council (TNSC) has downgraded its export growth forecast for Thailand to 0-1% because of negative factors in both the US and Chinese economies, which are still highly uncertain, as well as geopolitical conflicts.

Bangkok Post

Exports seen up 1% this year, say shippers

Thailand's exports are likely to rise 1% in 2023 and should pick up later in the year, owing to a recovery in China's economy, the Thai National Shippers' Council (TNSC) said on Tuesday.

Bangkok Post

Exports expected to decline in first half

The Thai export sector faces a spate of challenges in 2023, with a trade group forecasting that shipments may decline by as much as 7.4% in the first half of the year.

Bangkok Post

Exports hit by slowing demand in Q4

Thai exports are forecast to grow by 6-6.5% in 2022, missing the target estimate of 7-8%, as global demand slowed in the final quarter, says the national shipping trade group.

Bangkok Post

Exports forecast to ease in final quarter

Exports are expected to contract by 1-3% in the fourth quarter year-on-year because of slowing global demand, according to the national shipping trade group.

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Bangkok Post

Fresh concerns over Covid

As businesses pin their hopes on a strong recovery in the final month of the year based on lively shopping activity, entertainment events and vibrant tourism, a fresh Omicron outbreak has emerged including a rising death toll, rekindling concerns about the impact on economic sentiment.

Bangkok Post

Emerging markets to buoy exports in 2023

Thailand's exports are expected to maintain growth momentum next year, albeit at a slower pace than this year, shored up by strong demand from emerging markets in Asia and the Middle East, speakers at a seminar said on Thursday.

Bangkok Post

Exports facing slower growth in 2023

Thai exports are expected to grow by 2-5% next year, easing from an expected 8% increase in 2022, according to a trade group.

Bangkok Post

Rice exports could reach 8m tonnes despite floods

Thailand's rice exports could reach 8 million tonnes this year as flooding caused by Typhoon Noru has had little impact and a weak baht has helped overseas sales, the president of the Thai Rice Exporters Association said on Wednesday.

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Bangkok Post

Shippers project 8% growth in exports

Thailand's exports should grow by 8% this year if China's economy recovers and the shortage of semiconductors eases, according to the Thai National Shippers' Council (TNSC).

Bangkok Post

Export growth rate eases amid range of challenges

Thailand's export growth slowed in July, mainly attributed to a decrease in fruit shipments, a semiconductor shortage that affected production in related sectors, and lockdown measures in some major Chinese cities that interrupted production and lengthened delivery times.

Bangkok Post

Shippers' group poised to revise up forecast for export growth

The national shippers' group looks set to raise its export growth forecast next month after the country registered a robust export growth of 12.7% in the first half, boosted by rising global food demand, higher prices and the baht's weakness.

Bangkok Post

Shippers shrug at Myanmar loan rule

The Central Bank of Myanmar's order for companies and individual borrowers to suspend repayment of foreign loans, the latest in a series of steps to shore up the nation's dwindling foreign exchange reserves, is unlikely to have a significant impact on Thai exports, says the Thai National Shippers' Council (TNSC).

Bangkok Post

Dark clouds on the horizon

The drumbeat warning of recession is getting louder and more frequent, based on reports from the US and other major economies.

Bangkok Post

Industry cowers as baht dips again

The Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices.

Bangkok Post

Exporters urged to adopt regional focus

Thai exporters are advised to shift their focus to regional markets such as Asean, China, the Middle East and India instead of the world market in the second half this year.

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