The Latest Breaking News from Commerce

Ministry pitches 40-baht meal plan

The Commerce Ministry is targeting 100,000 food stalls nationwide for a 40-baht rice-and-curry scheme to help alleviate living costs.

Bangkok Post · Jul 11

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commerce, Homeland Security, Education, the Environmental Protection Agency, the Small Business Administration, and the U.S. Coronavirus Refundable Credits scheme—combined.

Fortune · Jul 10

Sam Altman says OpenAI made ‘many changes’ during talks with US

In an interview with CNBC on Thursday, Altman said the ChatGPT maker had a “collaborative back and forth” with top US officials, including Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, in the weeks leading up to the wide release of GPT-5.6.

The Economic Times · Jul 9

Japan an important part of India's Act East Policy: Commerce Minister Piyush Goyal

Commerce Minister Piyush Goyal emphasized Japan's crucial role in India's Act East Policy, highlighting joint efforts for a free and open Indo-Pacific alongside the US. India is actively addressing trade regulations with Japan to boost exports during Prime Minister Sanae Takaichi's visit, which focuses on enhancing trade, investment, and strategic…

The Economic Times · Jul 2

Howard Lutnick Reverses Export Freeze That Locked Foreign Users Out of Claude Fable 5 and Mythos 5

The Trump administration has lifted a global AI export ban after negotiations, allowing Anthropic's advanced models to resume international operations amidst security concerns.

International Business Times UK · Jul 2

New panel to oversee e-commerce charges

The Trade Competition Commission of Thailand (TCCT) plans to establish a subcommittee to supervise e-commerce platforms' commission fee practices.

Bangkok Post · Jul 1

Anthropic restores Claude Fable 5 as US lifts export controls — single filter now blocks prompt that could identify software vulnerabilities and write code to exploit them

Anthropic has restored global access to Claude Fable 5, a day after the U.S. Department of Commerce withdrew the export controls.

Tom’s Hardware · Jul 1

US govt lifts restrictions on powerful AI models, Anthropic says

Anthropic will soon begin restoring access globally to its most powerful AI models, Fable 5 and Mythos 5, after the US government lifted a restriction on where they could be released, the company said Tuesday. "We've received notice that the Department of Commerce has lifted export controls on Claude Fable…

The Economic Times · Jul 1

Senate college sports bill authors plan talks with House

The authors of a Senate college sports bill say it’s time to bring House Republicans and Democrats into discussions, as the clock is ticking to get the measure to President Donald Trump’s desk before the long August recess. Senate Commerce Committee ranking member Maria Cantwell, D-Wash., said the push to…

Roll Call · Jun 26

AI is plowing through the workplace. This new group wants to help people adapt and have jobs

A newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from artificial intelligence advancements. Co-founded by former Commerce Secretary Gina Raimondo and ex-Indiana Governor Eric Holcomb, this organisation plans to collaborate with states and corporations to offer retraining…

The Economic Times · Jun 26