World

Thailand’s export increases for 4th month in a row

Thailand’s export rose for a fourth consecutive month in November on the back of a consistent recovery in key trading partner markets, according to the Commerce Ministry.
Thailand’s export increases for 4th month in a row ảnh 1Thailand’s export rises for a fourth consecutive month in November. (Photo: Thaipbsworld.com)
Bangkok (VNA) – Thailand’s export rose for a fourth consecutivemonth in November on the back of a consistent recovery in key trading partnermarkets, according to the Commerce Ministry.

Shipment in the month increased by 4.9% to 23.48 billion USD, while importexpanded 10.1% to 25.88 billion USD, resulting in a trade deficit of 2.4billion USD.

According to permanent commerce secretary Keerati Rushchano, the consecutive exportgrowth demonstrates the nation’s economic recovery amidst ìnlation slowdown.

During January – November, Thailand’s export decreased 1.5% year-on-year to 261.77 billionUSD, while import dipped by 3.8% to 267.93 billion USD, which led to a tradedeficit of 6.16 billion USD.

The Commerce Ministry has set an export growth target of 1.99% in 2024,equivalent to 10 trillion THB (288.89 billion USD) in value./.
VNA
#Thailand#exports#4th consecutive month#expansion#trade deficit#Keerati Rushchano#Vietnam News Agency#Vietnamplus
Follow VietnamPlus

Related News

Thailand to develop premium rice market

Thailand to develop premium rice market

Thailand’s emphasis going forward will be a focus on quality rather than quantity of its rice as the country eyes a bigger share of the worldwide premium market, said Deputy Director General of the Rice Department Arnont Nonsi.
Thailand: Tourism businesses set to soar in 2024

Thailand: Tourism businesses set to soar in 2024

Businesses associated with tourism, health, lifestyle and digital software services are considered promising for the upcoming year, according to the Business Development Department of Thailand.
Thailand attracts nearly 100 billion THB in foreign investment in 11 months

Thailand attracts nearly 100 billion THB in foreign investment in 11 months

A total of 612 foreign enterprises with a total investment of over 98.28 billion THB (2 billion USD) were granted licenses to do business in Thailand in 11 months of 2023, according to Oramon Sapthaweetham, Director-General of the Department of Business Development under Thailand’s Ministry of Commerce.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.