Tags : Commerce


Former deputy commerce minister Banyin Tangpakorn in police custody

Former deputy commerce minister, Pol Lt-Col Banyin Tangpakorn, and two other people were taken into police custody this morning, in Thailand’s central province of Nakhon Sawan, on suspicion of involvement in the disappearance of the brother of a senior Criminal Court judge. The arrest of Banyin, former MP for Nakhon Sawan of the now-defunct Palang […]Read More


Amendments to the Foreign Business Act to be proposed to

THE COMMERCE MINISTRY’S Business Development Department will propose to the Cabinet that it update the Foreign Business Act (FBA) and prepare the country for the Asean seamless market. Pongpun Gearaviriyapun, director-general of the department, said the FBA should be more flexible but also more effective. Read more: The NationRead More


Bangkok Gems and Jewelry Fair set to launch in early

BANGKOK, 20 August 2014 (NNT) – The Ministry of Commerce is gearing up to organize the Bangkok Gems and Jewelry Fair 2014 this September, setting the revenue target at more than 40 billion baht. Ms Duangkamol Jiambutr, Deputy Director-General of the Department of International Trade Promotion, Ministry of Commerce, hosted a press conference on the […]Read More


Commerce says 10% VAT for 2015 would not affect the

BANGKOK, 18 July 2014 (NNT) – The Commerce Ministry has expressed confidence that the hike of value-added-tax (VAT) to 10% scheduled for late 2015 will not affect the local economy. Permanent-Secretary for Commerce Chutima Boonyaprapatsorn said today that the Thai economy would be strong enough to cope with the VAT hike set on October 2015. […]Read More


US not banning import of goods from Thailand: Commerce Ministry

BANGKOK, July 4 – Thailand’s Commerce Ministry has affirmed that the US has not banned the import of goods from Thailand after the US State Department’s downgrading of Thailand to Tier 3 in its 2014 “Trafficking in Persons” report. Ministry of Commerce spokesperson Boonyarit Kalayanamit said that rumours of the ban has caused worries among […]Read More


Thai Government to borrow more from central budget to pay

BANGKOK, 19 April 2014 (NNT) – The Commerce Ministry will borrow 40 billion baht more from the Central Fund in order to pay rice growers participating in the government’s rice pledging program. According to Deputy Commerce Minister Yanyong Puangrach, the government has been asked by the Thai Farmers Association to speedily make disbursements to unpaid […]Read More


China may buy more rice from Thailand

BANGKOK, April 10 – China will possibly sign deals to buy one million tonnes of rice from Thailand after its specialists inspected a rice warehouse in Suphan Buri, according to the Thai Commerce Ministry. Surasak Riangkrul, director general of the Foreign Trade Department, said rice inspectors from China National Cereals, Oils and Foodstuffs Corporation (COFCO) […]Read More