Officials boost trade events

The Commerce Ministry is ramping up business matching activity and trade fairs for potential growth products in cosmetics, healthcare and education in an effort to increase shipments. Source: Business

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Hopewell petition rejected

The Administrative Court on Friday threw out a petition by the Transport Ministry and the State Railway of Thailand (SRT) seeking a retrial over a compensation award of 37 billion baht to Hopewell Holdings. Source: Business

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Fed's Powell vows to act to sustain US expansion

WASHINGTON: Federal Reserve Chair Jerome Powell vowed Friday to act to ensure the American economic expansion continues, but warned the central bank has no “rulebook” for dealing with the US-China trade war that deteriorated further almost as he spoke. Source: Business

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Caught in the EU dragnet

With 116 kilometres of coastline, Pattani is home to one of the largest fisheries in the far South. The abundant seafood hauled from the 5,000-rai Pattani Bay has long been a crucial source of income for local communities. Source: Business

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US-China trade war deteriorates

WASHINGTON: The United States and China exchanged blows Friday as each side increased punitive tariffs on the other, intensifying a trade war that is threatening to engulf the global economy. Source: Business

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Fitch slashes growth forecast to 2.8%

Fitch Solutions Macro Research, a unit of Fitch Group, has lowered its economic growth outlook for Thailand in 2019 and 2020 because of weak domestic demand, from 3% down to 2.8% in 2019 and 3.6% down to 3.5% in 2020. Source: Business

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Thailand Post expedites action plan

The Digital Economy and Society Ministry (DE) has ordered Thailand Post Co to devise an action plan within 30 days to boost its business capacity amid fierce competition in the delivery industry, particularly from foreign operators. Source: Business

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