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The Latest Breaking News from Poj Aramwattananont

Thailand's widening trade deficit may appear alarming at first glance, but a deeper analysis suggests it is more a sign of economic transformation than deterioration.

Bangkok Post

More Thai products urged for US exemption list

The Thai Chamber of Commerce is backing the commerce minister on expediting the conclusion of the Agreement on Reciprocal Trade with the US, noting that Thai products with high local content should be included on the exemption list to strengthen the country's competitiveness.

Bangkok Post

Exporters shrug off new Trump tariffs

The private sector is optimistic that new US tariffs will not have a major impact on Thai exports, though businesses are urging the government to expedite trade negotiations to enhance the country's competitiveness on the global stage.

Bangkok Post

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Thai firms told to monitor Mideast developments

The Thai Chamber of Commerce is urging businesses to monitor developments in the Strait of Hormuz and be prepared to manage potential risks.

Bangkok Post

Small Chinese auto firms keen on Thai expansion

There are growing signs that small and medium-sized Chinese entrepreneurs in auto sectors are interested in investing in Thailand, according to the Thai-Chinese Chamber of Commerce.

Bangkok Post

Industry groups act on shrimp prices

The Thai Chamber of Commerce (TCC) and the Thai Frozen Foods Association began direct purchases of shrimp from farmers on Wednesday to mitigate the effects of Malaysia's suspension of Thai shrimp imports.

Bangkok Post

Govt urged to speed up labour deals

Labour Minister Julapun Amornvivat has pledged to accelerate the renewal and expansion of labour agreements with four neighbouring countries after business groups warned that worsening labour shortages could affect economic growth and key industries.

Bangkok Post

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Companies on edge regarding delay

The private sector has grown increasingly concerned about the delay in the new government’s formation, which could affect new investments and the tourism sector.

Bangkok Post

Extension granted to migrant workforce

Concern over a domestic labour shortage has eased after the cabinet on Tuesday approved an extension to employment contracts that allow more than 200,000 migrant workers to keep their jobs.

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

Firms use summit to calm furore

The business sector plans to use the Apec CEO Summit to stimulate foreign investment and defend the government's contentious proposal to allow foreign investors to own land in Thailand.

Bangkok Post

APEC CEO Summit 2022: Transition to renewal economic perspectives for Asia Pacific inclusive growth

Economic resilience amid untamed inflation and rising global interest rates, along with high energy prices, are no longer today’s challenges for countries around the world to overcome.

Bangkok Post

Thailand prepares to host Apec event

The Thai private sector is ready to host the Apec CEO Summit 2022 in November, focusing on inflation, the energy and food crisis, economic rehabilitation after the pandemic, and sustainability.

Bangkok Post

Business sector preps Apec proposals

Key business people are preparing to propose five-point recommendations, including the long-delayed Free Trade Area of the Asia-Pacific (FTAAP), which is part of regional economic recovery plans, to 21 leaders of the Asia-Pacific Economic Cooperation (Apec) when they meet in Bangkok later this year.

Bangkok Post

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Bangkok Post

Foreign workers granted 2-year extension

Nearly 1.7 million registered foreign workers initially allowed to work until Feb 13, 2023 will be granted extensions to work for another two years.

Bangkok Post

Businesses demanding half a million more migrant workers

More than 500,000 additional foreign workers are needed to support agricultural product processing and food industries for export, construction, tourism and services, according to the Thai Chamber of Commerce.

Bangkok Post

500,000 more migrant workers needed for recovery: Chamber of Commerce

Thailand is short more than half a million migrant workers, the Thai Chamber of Commerce said on Tuesday, as the economy struggles with a slow post-pandemic recovery.

Bangkok Post

Business sector gearing up for Apec CEO Summit

The Thai business sector is gearing up for the hosting of the Apec CEO Summit in Bangkok this year, expecting the meeting to lead to business insights post-pandemic and a boost in economic activity during the three-day summit in mid-November.

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Bangkok Post

Doubt raised over labour plan

While some 600,000 Thais remain unemployed, the government has approved a plan to bring in about 170,000 additional migrant workers as requested by businesses yearning for manpower as they resume operations.

Bangkok Post

Thai export surge continues

Thailand's exports beat expectations by growing 16.2% in February, driven by higher international demand on the back of global economic recovery and proactive trade promotions.

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