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The Latest Breaking News from Commerce

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

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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

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

The Hindu

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

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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.

Bangkok Post

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

The Independent UK

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.

Reason

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.

Axios

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.

Roll Call

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

The Guardian - US

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,…

Asharq Al-Awsat

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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.

Birmingham Post

Atom Bank reported to be in talks with former Trump Secretary of Commerce ahead of US listing

Reports suggest the North East-based digital bank could merge with a firm belonging to billionaire US businessman Wilbur Ross

Bangkok Post

Roof producers seek AD waiver extension

Thai steel roofing producers have called on the Commerce Ministry to help extend anti-dumping (AD) duty waivers or scrap the AD measures on imported steel used in metal sheet production.

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Bangkok Post

Russia eager to see trade top $10bn with Thailand

Russia is adamant about its push for bilateral trade with Thailand reaching US$10 billion (330 billion baht) a year after showing strong interest in investing in the kingdom, says Deputy Prime Minister and Commerce Minister Jurin Laksanawisit.

Bangkok Post

'World's biggest free trade area' to be meeting's focus

Commerce Minister Jurin Laksanawisit will chair four days of Asia-Pacific Economic Cooperation (Apec) meetings that have as part of their agenda the ambitious goal of creating the world's biggest free trade area.

Axios

White House tries to soothe China solar panel probe fallout

The Biden administration is trying to mitigate political fallout of its own making.

Tribune News Service

Possible new tariffs dimming outlook for Colorado’s solar industry

A federal investigation into whether China is getting around tariffs on solar panels has Colorado’s expanding solar energy industry warning of layoffs, soaring prices and lights out for new projects.

The Independent UK

Russians forced to use household appliances in military gear because of sanctions, US says

Commerce Secretary Gina Raimondo said that Putin’s forces using chips from dishwashers and refrigerators

Bangkok Post

Child safety seat price-fixing probed

The Commerce Ministry has ordered an investigation into complaints that some vendors have marked up prices of child booster seats for cars following an announcement of a new regulation that will make them mandatory.

Reuters

U.S. seeks better supply chain resilience with Southeast Asia -Raimondo

U.S. Commerce Secretary Gina Raimondo said on Thursday that the United States was looking to deepen resilience of supply chains with Southeast Asian partners.

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