tk88 bet

Thailand strengthens monitoring of product standards to curb cheap imports

The Industry Ministry is being asked to allow the creation of a new regulatory unit to help it monitor product standards, aiming to control the influx of cheap Chinese imports, said the Federation of Thai Industries (FTI).
Thailand strengthens monitoring of product standards to curb cheap imports ảnh 1 Thailand's Industry Ministry is being asked to allow the creation of a new regulatory unit to help it monitor product standards. (Photo: Thaipbsworld.com)

Bangkok (VNA) – The Industry Ministry is being asked to allow the creation of a new regulatory unit to help it monitor product standards, aiming to control the influx of cheap Chinese imports, said the Federation of Thai Industries (FTI).

The new agency's mission is to help the ministry’s Thai Industrial Standard Institute (TISI) to certify the quality and safety of goods, the FTI added.

According to FTI, the TISI is too slow in its operations which means it is not effective in helping the government prevent the import of substandard goods.

"The government needs a helping hand because the import of cheap Chinese goods continues to increase, leading to dumping in the Thai market," Thawee Piyapatana, Vice Cchairman of the FTI was quoted by the English-language Bangkok Post newspaper as saying.

The FTI said the influx of cheap Chinese goods is affecting local manufacturers across 20 sectors, including steel, aluminium, plastics, ceramics, petrochemicals and medicine.

The import volume will continue to rise if the government does not improve its product certification process, said Thawee.

Besides, if Chinese imports continue to increase, it could be a factor leading to a trade deficit, he said.

The Commerce Ministry reported earlier the customs-cleared value of exports increased by 2.6% year-on-year in August, the first gain in 11 months, to 24.3 billion USD. Imports contracted by 12.8% to 23.9 billion USD, resulting in a trade surplus of 360 million USD.

During 🐲the first six months of this year, the FTI noted a rapid increase in Chinese imported goods. Thailand has a trade deficit with China of several million baht, the paper cited Kriengkrai T🤡hiennukul, Chairman of the FTI./.

VNA

See more

Philippines seizes 175 million USD meth haul

Philippines seizes 175 million USD meth haul

Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
Permanent Secretary of the Thai Ministry of Commerce, Vuttikrai Leewiraphan. (Photo: thainews.prd.go.th)

Thailand engage𒁏s USTR on five-point trade propo𒐪sal

Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
(Photo: Malay Mail/Firdaus Latif)

Malaysia sues Telegram over harmful content

This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Workers on duty at the Pleiku 2's 500kV substation in Gia Lai province, Vietnam. (Photo: VNA)

ASEAN reaffirms c🧸ommitment to advancing green energy agenda

Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|