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SAO accelerates the implementation of "food, shopping, and consumption" program and encourages more merchants get registered
Ms. Suttirat Rattanachot, director general of Thailand's State Audit Office (SAO), revealed that today, merchants were invited to attend the government's promotion event about the procedure and benefits of "food, shopping, and consumption" program.
Thailand to promote medical marijuana and health insurance system
Deputy prime minister and minister of public health of Thailand, mentioned that after the announcement of the government policy, the immediate task of the Ministry of Health is to promote the medical marijuana.
Ministry of Commerce of Thailand intends to organize an SEOM Meeting
Ms. Onmon Subthawitham, Chief of the Department of International Trade Negotiations, Ministry of Commerce of Thailand revealed that the Department would host the 3rd/50th Conference for ASEAN Senior Economic Officials (SEOM) on July 14-18.
World Bank lowers Thai GDP growth expectation in 2019 to 3.5 percent and that in 2020
World Bank released the latest economic report of Thailand, saying that in the first half of 2019, Thai economy lost steam amid the global economic slowdown.
MOC issues franchise licenses to boost going-global of Thai franchising
Head of the Department of Business Development (DBD) of the Ministry of Commerce (MOC) of Thailand, revealed that currently the total market value of Thai franchise business exceeds 280 billion baht, with an average annual increase rate of 20.3 percent; each year.
MOC: ACFTA enables 31 percent increase of fruits and vegetables exported to China in the first five months of 2019
Ms. Onmon Subthawitham, director-general of the Department of Trade Negotiations (DTN) of the Ministry of Commerce, said that Thai fruits and vegetables are important products benefited from the ASEAN-China Free Trade Area (ACFTA).
Thai BOI invites allied partner organizations to the Seminar on how to enhance Thai SMEs' global competitiveness
The Seminar on "Promoting Robust Development of Smart SMEs" aims to put Thai enterprises on track towards smart SMEs with strong competitiveness and sustainability, pointed out Mr. Seksan Ruangwohan, investment adviser with the Board Of Investment (BOI) in his opening speech at the Seminar.
JSCCIB revises down Thailand's GDP growth forecast for 2019, citing the possible stagnation in the Thai exports
JSCCIB has revised Thailand's GDP growth forecast for 2019 down to 2.9-3.3 percent from the previous 3.7-4.0 percent, according to Mr. Pridi Daochai, chairman of the Joint Standing Committee on Commerce, Industries and Banking (JSCCIB), and president of the Thai Bankers' Association (TBA).
Thai Monetary Policy Committee adheres to moderately easy monetary policy
The central bank revealed No. 4/2562 meeting minutes on June 26, 2019 by the Monetary Policy Committee (MPC).
Global economic uncertainties signal drive up confidence index of Thai gold price in July
Mr. Phibun Ritwiriyaphon, director of Thailand's Gold Research Center, revealed the confidence index of gold price in July 2019, which rises to 56.20 from 52.60 in June, up 3.60 points or 6.84 percent.
Thai pharmaceutical organization to produce 10,000 bottles of cannabis oil
The Ministry of Public Health has established medical cannabis service system in general health facilities and commissioned relevant departments to integrate tasks within and beyond the ministry, aiming to ensure the effective use of medicinal cannabis.
Consumer Confidence Index in Thailand hits the lowest in 21 months
Thailand's Consumer Confidence Index has eyed a decline for four consecutive months and slid from 77.7 to 76.4 in June, the lowest in 21 months.
Thai cabinet approves 751 million baht to hire consultants for Thailand-China high speed railway project
The cabinet council has approved to allocate fund from a reserve fund under the central fund that the government.
Thailand to ban import and transshipment of municipal wastes
Mr. Adul Chotinisakorn, director general of the Department of Foreign Trade (DFT) of the Ministry of Commerce, revealed that the Ministry of Commerce had issued the notice of 2019 about the Ban on Import or Transshipment of Municipal Wastes.
Thai shipping body slashes 2019 export growth forecast to -1 pct from 1 pct
Thai National Shippers' Council (TNSC) cut its 2019 export forecast to a 1 percent decline from a 1 percent rise. This move was due to continuous export contraction in May again amid the U.S.-China trade war.
RAT and FTI Jointly Promote 200,000 Rai Rubber Plantation Demonstration Zone Upgrade to PEFC
Thai RAT said that the launch of Thai Certification Scheme (TFCS) by the Federation of Thai Industries (FTI) became the only organization in Thailand to provide certification services for sustainable forest management.
Lamphun Commercial Office Formulates Market Control Plan for 100,000-ton Seasonal Longan
Lamphun Commercial Office, disclosed that the Lamphun Commercial Office, the Lamphun Agricultural Office and other cooperative authorities, jointly formulated a 105,257-ton seasonal longan market management plan for Lamphun to distribute market share according to product demand.
An e-system co-developed by DBD and relevant agencies will be launched on October 2019
Thai Ministry of Commerce has recently invited relevant cooperation departments and registration agencies to jointly discuss the establishment of an electronic system for sharing mortgage asset information.
Ministry of Commerce of Thailand reveals international trade data for May
The Trade Policy and Strategy Office (TPSO) under the Ministry of Commerce unveiled Thailand's international trade statistics for May.
Thai Ministry of Commerce funds promote development of textile organizations
Thai official revealed that the aid program aiming at manufacturing and service industries affected by the liberalization of free trade (FTA fund of the Ministry of Commerce) had succeeded in helping three textile associations boost competitiveness of their producers and operators.
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