Bangkok (VNA) – Thailand's Ministry of Commerce set a rice export target of 7.5 million tonnes for 2025, declining from an estimated 10 miඣllion tonnes this year.
Arada Fuangtong, Director-General of the Department of Foreign Trade, said for the first 11 months this year, rice exports rose by 14% year-on-year to 9.27 million tonnes. The volume is expected to reach 10 million tonnes with value of at least 6 billion USD for the whole year.
This growth is driven by sustained demand from importers to meet year-end consumption needs for Christmas, New Year and extending into the Lunar New Year. Thailand's rice production is sufficient to meet global market demand, and the country's strong export capacity ensures consistent delivery to importers.
Arada said the ministry set a lower shipment target next year because of India's resumption of white rice exports.
In addition, global rice production is expected to increase based on easing drought conditions and improved water availability for cultivation, which should intensify competition in the global rice market.
For next year, the Department of Foreign Trade plans to promote rice exports by strengthening relations and organising promotional activities for Thai rice in key trading partner countries./.
Thailand’s Commerce Ministry is calling on local farmers to adopt advanced technologies to reduce carbon emissions in rice production, aiming to enhance the country’s rice competitiveness in the global market.
Thailand expects to export 8.2 million tonnes of rice this year, up from a previous forecast of 7.5 million, helped by demand from major markets and a weakening THB, according to the country’s Commerce Ministry.
Thailand's rice exports in the first five months of 2024 increased 16.5% year on year to nearly 4.06 million tonnes worth 94.6 billion THB (2.6 billion USD), but exports in the third quarter are expected to drop as compared to the first half of 2024, said President of the Thai Rice Exporters Association (TREA) Charoen Laothamatas.
Startup ASEAN platform brings all stakeholders together under one digital roof, expected to promote open innovation, improve access to capital, and strengthen ASEAN’s position as a dynamic and connected innovation powerhouse.
Indonesia as an appealing destination for investment in energy transition. It is Southeast Asia’s largest energy consumer and the region’s fourth most populous country. However, the majority of the country's existing power plants still rely on fossil fuels.
The Vietnam Trade Office in Singapore urged all Vietnamese firms trading with Singapore to seriously comply with its legal regulations, particularly customs requirements.
The Grandma Island soccer team was about to go to compete for Setokok Island, Batam city. In the middle of the trip, the boat was hit by waves and overturned.
Mexico's Nuevo León leaders underscored the state’s keen interest in partnering with ASEAN – a region known for dynamic economic growth, a young population, an expanding middle class, and a growing role in global supply chains.
Thailand has imposed a comprehensive ban on electronic waste imports as it grapples with a burgeoning e-waste problem. A 2021 report from the Pollution Control Department revealed that the country generates over 400,000 tonnes of domestic electronic waste annually.
Phuket airport authorities said the incident did not affect flights or airport operations, and security personnel are also stepping up surveillance in public areas, with CCTV covering all the airport area.
The facility will integrate multiple components, including mining operations, a smelter, high-pressure acid leach (HPAL) processing, and production of precursors and cathodes.
A participant in the Malaysia Economic Forum 2025 said despite challenges, there are significant opportunities in AI, digital transformation, and green technologies, requiring the country to balance both risk and potential thoughtfully.
Themed “emerging trends in terrorism and violent extremism”, the event drew over 200 participants from domestic and international agencies, discussing the rapid evolution of terrorism and the need for stronger regional and global cooperation.
Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
An Indonesian official emphasised that energy security is extremely essential amid global geopolitical and economic fragmentation, highlighting the need for the energy industry to strengthen resilience and responsiveness in the face of fluctuating oil prices and the shift to clean energy.
ASEAN must deepen collaboration through platforms such as the ASEAN Senior Officials Meeting on Transnational Crime (SOMTC) to ensure regional responses keep pace with the rapidly evolving cyber threat landscape.
Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia’s gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.
