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The Latest Breaking News from Phusit Ratanakul Sereroengrit

The Commerce Ministry has pledged to move ahead with measures to drive the government's soft power development policy, with a focus on promoting Thai cultural products worldwide through a "5F" approach, referring to food, film, fashion, fighting and festivals.

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Thai exports expected to recover in second half

The Commerce Ministry projects the country's export sector to gradually recover in the latter part of the year as inflationary pressures and global supply chain issues align with energy price trends.

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Thai exports expected to contract in first quarter

Thai exports are expected to contract in the first quarter, but they are likely to start recovering from the second quarter, according to the Commerce Ministry.

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Ministry targets top 5 rank for exports in Asia

The Commerce Ministry says it wants Thailand to become one of the largest exporters in Asia by 2027.

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Ministry preps 450 events

The Commerce Ministry is set to organise as many as 450 activities to stimulate exports this year, focusing mainly on four potential markets: the Middle East, South Asia, China, and Cambodia, Laos, Myanmar and Vietnam (CLMV).

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Agency urges Indian outlays

Thai investors are being urged to rev up outlays in India, especially in 14 sectors promoted by the Indian government, while New Delhi takes steps to strengthen its ecosystem for budding entrepreneurs.

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Govt eyes big Saudi contracts

Commerce Minister Jurin Laksanawisit has left for Saudi Arabia on a business matching mission, riding high on the hopes of breaking into the market and sealing trade deals worth billions of baht.

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Thai delegation to visit Saudi next month

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%.

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Shippers deny coconut milk rumour

The Commerce Ministry and food exporters brushed aside reports that Walmart, the giant US retailer, is dropping a Thai coconut milk brand on allegations of forced monkey labour, insisting such practices are a relic of the past.

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Events slated in India to spur exports

The Commerce Ministry is scheduled to organise export stimulus activities in Indian cities this year to raise export growth to the country to 8% this year worth US$9.21 billion.

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Hemp to be promoted in textile industry

The Commerce Ministry looks set to promote and upgrade hemp fibre in the Thai textile industry as it offers high potential in the global market under the popular bio-, circular and green economic model.

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Glittery outlook for gems and jewellery

Thailand's gems and jewellery exports are expected to do brisk business this year, driven by the economic recovery in trading partners and relaxation of strict lockdown measures.

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Global food trade show set for next week

The Department of International Trade Promotion (DITP) along with the Thai Chamber of Commerce and Koelnmesse (KM) Germany have organised THAIFEX-ANUGA ASIA, the continent's most comprehensive international food and beverage trade show, with both a physical and virtual format next week.

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Ministry pushing soft power

The Commerce Ministry vows to continue supporting and promoting soft power development, especially through food, fruit, digital content, health and beauty as well products with a Thai identity or Thainess.

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Commerce plans export promotions

The Commerce Ministry looks set to organise 152 export promotional activities and ramp up mini free trade agreements (mini-FTAs) with potential trading partners to stimulate export growth of 3-4% this year.

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