How the new draft of the Port Authority Act will benefit Thai economy
The recent amendments to the Port Authority of Thailand Act of 1951 set the stage for a transformative economic boost…
Category: Industry Insights
Vending Machines on the Rise in Thailand Amid Changing Consumer Trends
Thailand’s vending machine market is expanding as a recent survey reveals 72 percent of consumers prefer the automated kiosks for…
Prime Minister Fights Export Origin Fraud to Safeguard Thai Trade Integrity
Prime Minister Paetongtarn Shinawatra has convened a meeting with four key agencies to address growing concerns over “origin fraud,” the…
Rising Demand for Thai Dried Fruits in China Drives Market Expansion
Bangkok – Demand for Thai dried and preserved fruits is rising in China, creating new opportunities for export expansion and…
Government Encourages Use of Regional Plants to Boost International Fragrance Market
The Thai government is encouraging businesses to develop unique perfumes using native fragrant plants, aiming to position Thailand as a…
Thailand Achieves All-Time High in Exports for 2024
Thailand’s export sector achieved a record high in 2024, with total exports reaching 300.5 billion US dollars (approximately 10.5 trillion…
Thailand’s Economic Outlook 2025: Moderate Growth Ahead with Challenges to Tackle
Thailand’s economy is set to continue its gradual recovery, with projected growth of 2.7% in 2024 and 2.9% in 2025,…
Commerce Minister Halts Export of Crude Palm Oil to Regulate Domestic Supply
In response to rising palm oil prices, driven by reduced production due to drought and crop disease, the government has…
Approval of 7.12 Billion Baht for Electric Vehicle Subsidies
BANGKOK (NNT) – The government has approved a budget allocation of 7.12 billion baht to fund the electric vehicle (EV) subsidy…
Commerce Ministry to Tackle Consequences of Chinese Trucks on Local Economy
The Ministry of Commerce is set to hold discussions with logistics service providers and other industry representatives to address concerns…