Denmark and Thailand Sign MoU on Dairy Cooperation
On 31st January 2022, Denmark and Thailand signed a new MoU (Memorandum of Understanding) on Dairy cooperation to take on the challenges of today’s food production. Read more here Source: ScandAsia.
Ex-Thai PM Thaksin claims major pork merchants are hoarding frozen meat
Exiled former Prime Minister Thaksin Shinawatra claims that there are four or five major pork merchants in Thailand with cold storage facilities capable of storing up to 400,000 kgs of frozen pork for up to six months, and that they have been hoarding pork for profiteering purposes. Read more Source:
Thailand Economic Monitor: Living with COVID in a Digital World
Key Findings After being severely hit by a surge of COVID-19 cases in the third quarter 2021, economic activity has subsequently rebounded. Economic activity is expected to return to its pre-pandemic levels end-2022, with progress on vaccinations and a resumption of tourist arrivals providing support for the recovery. The adoption
Thailand: Inflation comes in at highest level since April in November 2021
In November 2021, inflation was 2.7 percent, up from 2.4 percent in October. The rate of inflation in November was the highest since April. As a result, the trend shifted slightly upwards in November, with annual average inflation coming in at 1.0 percent (October: 0.8 percent ). Finally, core inflation
Pork Vendors Urge Government To Import Pork To Curb Rising Price
Pork producers in Thailand are requesting the government to import pork in order to assist manage rising prices, which are affecting both consumers and vendors. Pork vendors at Huai Khwang market expressed concern that if the government does not intervene, the average price of market pork could reach 300 baht
DITP Tightens Safety Standards for Thai Frozen Food Export
Department of International Trade Promotion (DITP) has tightened its measures for Thai frozen food exporters by launching Thailand Delivers with Safety campaign to boost confidence among global consumers in COVID-19-free safety food products from Thailand. DITP also joins forces with partner organizations in implementing COVID-19 Prevention Measures in food production,
Singapore and Thailand Launch Real-Time Cross-Boundary Payments System
Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) has launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time payment systems, enabling customers from both countries to perform cross-border fund transfers using only their mobile numbers. Customers of participating banks in both countries will be able to
New Loan Facility from Exim Thailand Aimed for Export to Neighboring Countries
The Export-Import Bank of Thailand (Exim Thailand) has rolled out aid measures for small and medium-sized enterprises doing business in Cambodia, Laos, Myanmar and Vietnam (CLMV) to mitigate the financial impact of Covid-19 outbreaks and political chaos in Myanmar. Rak Vorrakitpokatorn, the bank's president, said the aid measures include soft
Denmark soon to issue a Digital COVID-19 Travel Passport
Denmark will in February, as one the first countries, issue standard vaccination pass for travelling and it is expected that in 2-3 months, there will be a digital version to be used on your smart phone. The Danish government has moved forward with its plans to grant Danes who get