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Monthly Archives: July 2023

Warning over car sales

A delay in forming a new government could deal a blow to the Thai automotive industry, which has already experienced sluggish car sales in the domestic market during the first half of this year. Source: Business

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Gold to top $2,000 this year

Gold prices are expected to rise above US$2,000 by the end of the year, amid expectations of an economic slowdown in the US and Europe, intense geopolitical factors, and fewer interest rate hikes, says YLG Bullion & Futures. Source: Business

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Longan output set to decrease

Thailand’s longan production in eight northern provinces is expected to see a drop of 40-50% this year due to severe hot weather and a reduction in the growing areas by farmers after prices dropped significantly over the past 2-3 years during the pandemic, which discouraged them from planting the crop. …

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Ministry aims to build on jump in trade facilitation via Laos

The Commerce Ministry has pledged to explore opportunities to expand the market for Thai products in Laos, leveraging the benefits offered by existing free-trade agreements (FTAs), after it found Thai entrepreneurs have shown a growing interest in exporting fruit to China via the China-Laos railway route. Source: Business

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Krabi airport expansion 87% complete

The expansion of Krabi airport to handle up to 8 million passengers per year is expected to be completed in late 2024 and the new facilities to open for service in 2025, the Department of Airports said. Source: Business

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