The Thai Ministry of Commerce said on September 20 that the country’s exports dropped 4 percent in August from a year earlier after an unexpected rise in the previous month.
Hanoi (VNA) – The Thai Ministry of Commerce said on September 20 that thecountry’s exports dropped 4 ♑percent in August from a year earlier after anunexpe🍰cted rise in the previous month.
Accordingly,customs-cleared outbound shipments fetched 21.9 billion USD in August, largelythanks to front-loading imports to avoid the imposition of the US tariffsstarting on September 1. Moreover,the uncertainty of trade disputes clouds the global economy, causing a slowdownin most of Thailand’s major trading partners, including ASEAN and South Asia. Fallingglobal oil prices suppressed exports of oil-related products and an oversupplyof agricultural products in the global market as well as baht appreciation arestill downside risks for Thai shipments. In the first eight months of this year,Thailand’s exports contracted by 2.2 percent to 166 billion USD. Director Generalof the Trade Policy and Strategy Office Pimchanok Vonkorpon said a variety ofchallenges, namely the global economic slowdown, a prolonged trade disputebetween the US and China, and baht appreciation casts a shadow over Thaiexports for the remaining months of 2019. She said theMinistry of Commerce set an export growth target of 3 percent, maintainingmature markets, expanding to new areas, and restoring trade with long-losttrading partners in the second haft of this year.-VNA
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Thailand exported 3.4 million tonnes of rice in January-April, representing a year-on-year rise of 6.4 percent, the Department of Foreign Trade said on April 24.
Thailand’s automobile exports are likely to drop for a second straight year, after the sector has reported negative growth rates for 12 consecutive months, says the Federation of Thai Industries.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image (Photo: AFP) 
