tk88 bet

Thailand: new foreign workers law hinders rice exports

Thailand’s rice exports in the second half of this year may miss the target due to serious shortage of labourers at seaports as a direct result of the new foreign workers law.
Bangkok (VNA) – Thailand’s rice exports in thesecond half of this year may miss the target due to serious shortage oflabourers at seaports as a direct result of the new foreign workers law.

“Rice exports which were doing well, out of a sudden, hit withlabour shortage, causing delay in delivery,” Thai media quoted ChukiatOpaswong, honorary president of the Thai Rice Exporters Association, as sayingon July 5.

According to him, the number of stevedores at the seaportshas decreased by 30-40 percent since the new law was enforced.

As a result, it now takes about a month by average for riceto be loaded on a freighter, much longer than the time of 7-10 days earlier.

He said rice exporters are committed to shipping 900,000tonnes of rice abroad each month in order to meet the export target of 10million tonnes for this year.  However,due to the delay in delivery, he estimated that about 700,000-800,000 tonnescan be exported each month.

Chukiat noted that the strong baht and the volatility of thecurrency also impact on rice exports for the second half of the year in a waythat it will make Thai rice less competitive compared to rice from competitorssuch as Vietnam.-VNA
VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ཧ ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN bolsters intellectual property cooperation

♍ ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|