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Private Sector Awaits US Tariff Announcement for Thai Imports

Bangkok: The Thai Chamber of Commerce revealed that the negotiating team has reached an agreement with the USTR. They are awaiting the announcement of US import tariffs tonight, which they believe will be similar to those in other countries in the region. According to Thai News Agency, Mr. Poj Aramwattananon, Chairman of the Thai Chamber of Commerce and Board of

Thai Stocks and Baht on Edge Amid US Trade Negotiations

Bangkok: Thai stocks are consolidating as investors await the outcome of crucial Thai-US trade negotiations. Meanwhile, the baht has experienced a significant weakening, with expectations of further gradual depreciation if Thailand is subjected to import tariffs as high as 36%. The baht risks a further 1.2% depreciation. According to Thai News Agency, the Thai stock index opened this morning at

Commerce Ministry Sends Essential Supplies to Thai-Cambodian Border

Bangkok: Chatuporn and Chantawit led a team of commerce officials to distribute relief bags to alleviate the suffering of those affected by the Thai-Cambodian border disaster. Mr. Chatuporn Buruspat, Minister of Commerce, along with Mr. Chantawit Tantasith, Deputy Minister of Commerce, oversaw the distribution of relief bags to aid victims at the Weights and Measures Office, Department of Internal Trade,

Kick Off: First Installment of Fresh Sugarcane Harvest Payments to Over 77,000 Farmers

Bangkok: The Ministry of Industry kicked off the first payment of 3.8 billion baht to 77,044 sugarcane farmers who harvested fresh sugarcane, marking the highest harvest in Thai history. The Ministry is also promoting green sugar to increase its value. According to Thai News Agency, Mr. Ekanat Promphan, Minister of Industry, presided over the kickoff ceremony for a program to

Flooding Renders 11 Roads Impassable, Rural Roads Department Takes Action

Bangkok: The Department of Highways has reported that 11 roads remain impassable due to ongoing flooding. This has prompted the Department of Rural Roads to remain vigilant, stationing patrol officers and preparing necessary resources to assist residents during emergencies. The department is actively surveying routes post-flood to expedite restoration for public access. According to Thai News Agency, Mr. Montri Dechasakulsom,

Pushing Thai Cattle into the World Market

Bangkok: The Office of the Private Sector Development Commission (OPDC) is working in collaboration with the private sector and farmers to promote Thai cattle on the global stage, advancing policies aimed at creating stability and strengthening trade. According to Thai News Agency, Thailand is the leading exporter of dairy products in ASEAN, having exported 138,799 tons in the first half

Recruitment for New Government Savings Bank Director to Begin in August

Bangkok: The selection committee chairman has announced that recruitment for the new Government Savings Bank (GSB) director is set to commence this August. Mr. Winij Wisetsuvarnabhumi, Deputy Permanent Secretary of the Ministry of Finance, shared this update in his role as the Chairman of the selection committee tasked with finding a successor for the current President, Mr. Witai Ratanakorn. The

Pichai Awaits Final US Tax Results

Bangkok: Pichai is awaiting the final 24 hours of the US tax results, insisting the Thai team is working diligently and thoroughly in every aspect. According to Thai News Agency, Deputy Prime Minister and Finance Minister Pichai Chunhavajira stated that many members of the public and business sectors are currently asking, “How much will Thailand be subject to new U.S.