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The Latest Breaking News from the Ministry of Commerce

Record April trade deficit as imports rise sharply

The trade deficit hit an all-time high in April of about US$10 billion, as imports surged 45% year-on-year to $41.6 billion, driven by shipments of raw materials, semi-finished products, capital goods, and energy, according to the Trade Policy and Strategy Office (TPSO) under the Ministry of Commerce.

Bangkok Post

Thailand addresses US supply concerns

Team Thailand, led by the Ministry of Commerce, has assured the United States that Thailand's supply chains do not use forced labour and firmly rejected allegations of excess production capacity.

Bangkok Post

Business Brief (Feb. 27): China Report Says U.S. Netted Nearly $20 Billion From Chen Zhi, Changpeng Zhao Crypto Cases

Chinese AI models surpass U.S. usage, RMB rallies to three-year high against the dollar

Caixin Global

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54 days of deals: Saudi Arabia launches massive nationwide Ramadan Sales Season

Get ready for early Ramadan shopping. The Ministry of Commerce is launching a 54-day sales season starting February 1, 2026. This initiative aims to help shoppers buy festive goods before the rush. Businesses can easily apply for discount permits online. Consumers can verify offers by scanning barcodes. Inspection teams will…

The Times of India

China wants US semiconductor companies to submit sensitive data as part of probe — 'anti-dumping' investigation requests sales and profit data

China’s Trade Remedy and Investigation Bureau under the Ministry of Commerce has published new questionnaires for US semiconductor businesses designed to find any discrepancies in their international pricing as part of an anti-dumping investigation.

Tom’s Hardware

China bans research company that helped unearth Huawei's use of TSMC tech despite U.S. bans — TechInsights added to Unreliable Entity List by state authorities

Beijing has banned TechInsights from doing business with Chinese companies because it has "defied China's strong objections to engage in activities such as so-called military-technical cooperation with Taiwan, made malicious remarks concerning China, and assisted foreign governments in suppressing Chinese companies."

Tom’s Hardware

China Tightens Grip On Rare Earth Exports To Protect 'National Security' As Tech Giants Brace For Impact

China tightened its grip on the export of rare earth minerals and related technologies, escalating tensions with Washington ahead of an expected meeting between President Donald Trump and Chinese leader Xi Jinping later this month. China Says New Rules To Protect ‘National Security’ Foreign companies will need approval to export…

Benzinga

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China to launch ‘silver trains’ aimed at elderly tourists to boost economy

China aims to launch more than 100 ‘high-quality railway routes for elderly tourism’ by 2027

The Independent UK

China Opposes U.S. Sanctions On Chinese Companies

China opposes U.S. sanctions on Chinese firms linked to Russia's war efforts in Ukraine, citing disruption to global trade and vows to protect its companie...

Top News

Nicaragua, China's Free Trade Agreement Comes Into Effect

Nicaragua will export food items such as meat and seafood, such as fish, shrimp, lobsters, sea cucumber, sugar, peanuts and rum.

Latin Times

Letter was sent to Terence O’Neill in 1964 about NI to Scotland tunnel idea

Declassified files show some Stormont officials were scathing about the tunnel suggestion.

The Independent UK

U.S. Commerce Chief to Visit China Next Week

The announcement of Gina Raimondo’s trip from Aug. 27 to 30 follows Washington’s easing of export restrictions on 27 Chinese entities

Caixin Global

China accuses US of trying to block its development and demands that technology curbs be repealed

China has accused Washington of trying to block its development after President Joe Biden stepped up a feud over technology and security by tightening controls on U.S. investments that might help Beijing develop its military

The Independent UK

China imposes curbs on drone exports citing Ukraine and concern about military use

China has imposed restrictions on exports of long-range civilian drones, citing Russia’s war on Ukraine and concern drones might be converted to military use

The Independent UK

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Bangkok Post

Price controls get one-year extension

The Ministry of Commerce has extended price controls on 51 products and services for another year. The extension will expire on June 30, 2024.

Bangkok Post

Asian equities gain on hopes for Fed pause

RECAP: Most Asia-Pacific equity markets rose on Friday to their highest level since mid-February, taking cues from an overnight Wall Street rally as bets firmed that the US Federal Reserve would not raise interest rates next week.

Bangkok Post

Investors cheer end of US debt drama

RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.

Reuters

Pakistan outlines process for barter trade with Afghanistan, Iran, Russia

Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum and natural gas, the Ministry of Commerce said on Friday.

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Bangkok Post

April export value falls 7.6%

The dollar value of Thai exports fell for a seventh straight month in April, down 7.6% from a year earlier, the Ministry of Commerce said on Tuesday, as global demand remained slow.

Bangkok Post

Commerce Ministry keeps export growth target

The Ministry of Commerce still believes the country’s exports will grow by 1% to 2% this year, a senior official said on Thursday, amid slowing global demand.

Bangkok Post

March export decline not as bad as feared

The dollar value of Thai exports contracted less than expected in March as shipments of some key items improved, and the Ministry of Commerce now says it expects some export growth for the full year.

Asharq Al-Awsat

Saudi Arabia Achieves Record Growth in Promising Sectors

Saudi Arabia has achieved record growth in indicators of economic activities in promising sectors during the first quarter of this year, one of the opportunities launched by Vision 2030 for the local and foreign business sectors. According to a recent report by the Ministry of Commerce, a copy of which…

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