labels: Ministry of Commerce
Commerce Ministry advises Thailand to diversify markets to cope with a world divided into four trade blocs and the US using tariffs under Section 301.
The Ministry of Commerce reveals that the world is divided into four trade blocs, and Thailand faces challenges from the US using tariffs under Section 301, forced labor cases, and excess production capacity.The Ministry of Commerce is proposing to the Cabinet a "Thai Rice and Curry to Help Thais" scheme, offering a plate of rice for 40 baht to freeze the cost of living for three months.
The Commerce Ministry is preparing to propose the "Thai Rice and Curry Helps Thai People" scheme, supporting over 200,000 local restaurants and offering affordable menu items for 40 baht for three months. This initiative aims to reduce the cost of living for citizens and office workers. The proposal will be submitted to the Cabinet.Inflation in June rose by 2.42%, while global oil prices began to fall. Conversely, the price of rice and curry dishes increased by 20%, and once the price goes up, it doesn't come down.
The Commerce Ministry revealed that inflation in June 69 reached 2.42%, slowing from the previous month due to lower global oil prices. However, the cost of living surged, led by price increases of 20-25% for rice and curry and ready-to-eat meals. The ministry noted that once prices rise, they are unlikely to fall.The Commerce Ministry revealed that exports in May grew by 10.6%, but imports continued to surge, resulting in a trade deficit of nearly 900 billion baht in the first five months of the year.
The Commerce Ministry revealed that exports in May grew by 10.6%, benefiting from strong growth in AI and data center products. However, a surge in imports pushed Thailand's trade deficit for the first five months of the year to nearly 900 billion baht.The Ministry of Commerce, in collaboration with the private sector, is accelerating the target of exporting 7 million tons of Thai rice, benefiting from soaring global prices of $480 per ton.
The Ministry of Commerce held discussions with the Thai Rice Exporters Association to strategize on penetrating new markets in Africa and Latin America, hoping to overcome the slowdown in the Iraqi market caused by the war.Canadian teenagers are shunning meat, fueling strong vegan growth. DITP points to opportunities for Thai exporters to target the plant-based and personalized food market.
The Ministry of Commerce reveals that young people in Canada are increasingly reducing their meat consumption and focusing on healthy and environmentally friendly options, supporting continued market growth.The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has decided to maintain the control of 66 items as controlled goods for another year.
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has approved maintaining the control of 66 items for another year, along with stricter measures for agricultural products, particularly coconuts and onions, to prevent illegal imports and fraudulent claims."Supajee" will visit China on May 22-23 to attend the APEC Trade Ministers' Meeting.
Supajee will visit China on May 22-23 to attend the APEC Trade Ministers' Meeting, promoting cooperation in digital economy, AI, sustainable trade, and supply chain resilience.Starting May 15th, the government will deploy over 3,800 mobile vendors to sell affordable goods directly to people's homes.
The government launched the "Thai Helps Thai, Reduce the Burden of Living: Mobile Commercial Units Reduce Prices to Help the People" project, bringing 14 essential items at reduced prices to help 4 million households, saving them at least 280 million baht in living costs. The project runs from May 15 to June 16, 2569..."Supajee" pushes forward negotiations with USTR to close a trade deal with the US, reducing tariff pressure and promoting increased investment and imports.
"Supajee" is actively negotiating with the USTR to close a trade deal with the United States, reducing tariff pressure. Proposals include increasing investment in the US, expanding imports of goods that Thailand cannot yet produce, and requesting tariff exemptions for certain products.
