The Department of Export Promotion has come up with a five-year plan to drive exports and maintain sustainable growth for Thailand after it was hit badly by last year’s global economic crisis. The plan, to be put up for Commerce Minister Porntiva Nakasai’s approval soon, should be implemented this year and run until 2014. The scheme will not only focus on strengthening Thailand’s competitiveness now that the Asean Free-Trade Agreement has been implemented, but also work to raise its bargaining power in the global market. (The Nation)
Leave a reply
World Bank Downgrades Thailand’s 2024 GDP Growth Forecast to 2.4%
Thailand's economic growth in 2024 is now projected at 2.4%, a decrease from the 2.8% estimated in April, according to...
Thailand Political Uncertainty Heightened by Court Cases, Stock Market Jittery
Thailand's political landscape is in turmoil as three significant court cases unfold, sending shockwaves through the stock market and amplifying...
Boosting Thailand’s Digital Trade Readiness: Insights from the Global Trade Modernization Index 2024
Thailand Digital Trade Ranks 32nd Globally, 3rd in ASEAN Thailand secured the 32nd position out of 65 countries in the...
