The Thai Ministry of Commerce said on September 20 that the country’s exports dropped 4 percent in August from a year earlier after an unexpected rise in the previous month.
Hanoi (VNA) ไ– The Thai Ministry of Commerce said on September 20 that thecountry’s exports dropped 4 percent in August from a year earlier after anunexpected rise in the previous month.
Accordingly,customs-cleared outbound shipments fetched 21.9 billion USD in August, largelythanks to front-loading imports to avoid the imposition of the US tariffsstarting on September 1. Moreover,the uncertainty of trade disputes clouds the global economy, causing a slowdownin most of Thailand’s major trading partners, including ASEAN and South Asia. Fallingglobal oil prices suppressed exports of oil-related products and an oversupplyof agricultural products in the global market as well as baht appreciation arestill downside risks for Thai shipments. In the first eight months of this year,Thailand’s exports contracted by 2.2 percent to 166 billion USD. Director Generalof the Trade Policy and Strategy Office Pimchanok Vonkorpon said a variety ofchallenges, namely the global economic slowdown, a prolonged trade disputebetween the US and China, and baht appreciation casts a shadow over Thaiexports for the remaining months of 2019. She said theMinistry of Commerce set an export growth target of 3 percent, maintainingmature markets, expanding to new areas, and restoring trade with long-losttrading partners in the second haft of this year.-VNA
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Thailand exported 3.4 million tonnes of rice in January-April, representing a year-on-year rise of 6.4 percent, the Department of Foreign Trade said on April 24.
Thailand’s automobile exports are likely to drop for a second straight year, after the sector has reported negative growth rates for 12 consecutive months, says the Federation of Thai Industries.
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Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
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.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
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.
Illustrative image (Photo: AFP) 
