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The Latest Breaking News from Commerce

Thailand establishes mini-FTA with Busan

The Commerce Ministry wants to increase Thai exports to South Korea to 200 billion baht over the next three months after signing a memorandum of understanding on Tuesday to form deeper trade partnerships through a mini-free trade agreement (mini-FTA) with Busan.

Bangkok Post

If Congress Bans Abortion, This New Deal Precedent Will Be at the Center of the Legal Battles

A 1942 decision about the Commerce Clause takes on new importance post-Roe.

Reason

House appropriators back more than $15 billion for cybersecurity

WASHINGTON — House appropriators in June finished marking up a dozen spending bills for fiscal 2023 that would altogether provide at least $15.6 billion for cybersecurity efforts across federal departments and agencies.

Tribune News Service

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House appropriators back more than $15 billion for cybersecurity - Roll Call

House appropriators approved more than $15.6 billion in the 12 spending bills to prevent “increasingly pervasive cyber-attacks.”

Roll Call

Commerce secretary: Let’s not be 'talking ourselves' into recession

Commerce Secretary Gina Raimondo on Sunday predicted slower economic growth as the country grapples with inflation but said that won’t necessarily mean a recession, which is marked by two straight quarters of negative economic growth.

Tribune News Service

Ministry unveils discount packaged rice measure

The Commerce Ministry has teamed up with the Thai Rice Mills Association, Thai Rice Packers Association and petrol stations to sell 1.5 million kilogrammes of packaged rice at a discount of up to 48% or 5-100 baht to help mitigate the cost of living.

Bangkok Post

Private universities introduce new courses and subjects

Focus of courses on professional advantages

The Hindu

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Export gain could beat state target

Export growth is expected to beat the government forecast of 4-5% expansion this year after a strong performance in the first five months of 2022, according to Commerce Minister Jurin Laksanawisit.

Bangkok Post

Commerce Ministry trying to keep prices from rising

The Commerce Ministry is trying to maintain consumer product prices for as long as possible but has admitted to production cost hikes.

Bangkok Post

Exports beat forecast in May, weak baht a boost

Exports in May rose a faster than expected 10.5% from a year earlier, helped by increased global food demand and production, and a weak baht , with the trend set to continue this year, Commerce Minister Jurin Laksanawisit said on Friday.

Bangkok Post

The affluent community defying grocery competition woes

The Commerce Minister chooses the wrong scapegoat to demonstrate supermarkets' anti-competitive behaviour: Ponsonby locals are spoiled for choice when they go grocery shopping.

Newsroom.co.nz

Assam Class XII Science, Arts results best in 10 years, barring inflated results in 2021

GUWAHATI: Leaving out last year's inflated pass percentage of over 99 per cent due to formula-based evaluation amid Covid situation, the Assam higher secondary education council (AHSEC) recorded its best results in the last 10 years in Science and Arts streams. While the success rate in Science touched 92.19 per…

The Times of India

Fertiliser crisis prompts talks with Saudis

The Commerce Ministry and Thai Chamber of Commerce plan to negotiate with fertiliser suppliers in Saudi Arabia about purchases in a move to address high prices and shortages in the country.

Bangkok Post

Boris Johnson hails India-U.K. FTA as ‘biggest of them all’

U.K. PM reiterates Diwali deadline for draft free trade agreement with India

The Hindu

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The Hindu

PU admissions: Commerce dethroned as demand for Science picks up

Bengaluru As colleges begin to reopen, after a period of Commerce being the preferred choice of stud

Bangkok Post

Jurin stands firm on noodle prices

Despite mounting calls for a hike in instant noodle retail prices by producers, Commerce Minister Jurin Laksanawisit remains adamant the price will remain frozen.

Bangkok Post

Thai solar panel manufacturers win US reprieve

Thai solar cell exports have a brighter outlook for at least two years after the Biden administration on Monday announced a two-year pause on imposing any new tariffs on such products made in Thailand, Cambodia, Malaysia and Vietnam.

The Independent UK

US solar companies weigh challenge to Biden pause on tariffs

U.S. solar manufacturers are considering legal challenges after President Joe Biden declared a two-year pause on tariffs for solar imports from Southeast Asia

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Reason

Tariffs Are Adding to Inflation. Biden's Commerce Secretary Says Repealing Some 'May Make Sense.'

Tariffs imposed by President Donald Trump and kept in place by President Joe Biden are costing consumers $51 billion annually.

Axios

Biden administration to invoke Defense Production Act for solar industry, other clean tech

Solar developers say an ongoing trade enforcement probe has stalled new projects.

Roll Call

Biden taps brakes on solar tariffs, moves to boost clean energy - Roll Call

The White House says a Commerce Department investigation of solar-energy components from China will continue, but stops tariffs for two years.

The Guardian - US

Biden commerce secretary shifts blame for inflation on to Russia’s war in Ukraine

Gina Raimondo’s comments seen as part of a White House push to deflect blame for nation’s economic troubles away from Biden

Asharq Al-Awsat

US Mulls Lifting Some China Tariffs to Fight Inflation

US Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. "We are looking at it. In fact,…

Bangkok Post

Exports up 9.9% in April, below forecast

Thailand's exports in April rose at a much slower pace than the previous month and less than expected, commerce ministry data showed on Friday, coming under the pressure of Russia's invasion of Ukraine and China's lockdown measures.

Bangkok Post

Trade envoy signals Canada will protest Russian war at Apec, other summits

SINGAPORE: Canadian Trade Minister Mary Ng signalled on Wednesday that the country may continue to protest the war in Ukraine at multilateral summits involving Russian officials after doing so in Bangkok over the weekend.

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