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Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991. ....
Despite slower export growth in July, Thai shippers remain bullish that overall exports could rise by between 6-8% this year, helped by a weak baht and increased food shipments. ....
Business leaders expect Wednesday's decision by the Constitutional Court to suspend Prime Minister Prayut Chan-o-cha from office to have little impact on the government's administration and its ongoing efforts to spur the country's fragile economy. ....
Thai exporters have been warned to brace for the impact of China's economic uncertainties in the second half of the year on top of the looming global recession, runaway inflation and energy crisis. ....
The Commerce Ministry will lead a trade mission to Saudi Arabia next month to strengthen business partnerships between Thailand and the Middle Eastern country, in a bid to grow Thai exports by 20%. ....