Deputy Prime Minister Jurin reports higher than expected exports in September but a trade deficit

[webfact]

Deputy Prime Minister and Democrat Party leader Jurin Laksanawisit

 

by James Morris and Son Nguyen

 

Speaking on Monday, the minister reaffirmed his party’s opposition to the government’s marijuana bill. The deputy prime minister said the liberal availability of cannabis was not in the national interest and that this was the main concern of the Democrat Party and its parliamentary members.

Minister of Commerce and leader of the Democrat Party Jurin Laksanawisit has unveiled a higher-than-expected 7.8% rise in exports for September which beat market expectations although Thailand still recorded a trade deficit for the sixth month in a row and a deficit for the first nine months of 2022. On Monday, the deputy prime minister told reporters that his party still opposed the government’s proposed bill on marijuana and a more liberal regime in relation to cannabis. It was considered not in the national interest.

 

Minister of Commerce Jurin Laksanawisit addressed a press conference in Bangkok on Wednesday in which he unveiled better-than-expected export data for September which significantly beat expectations according to a Reuters poll of economic observers.

 

Full story: https://www.thaiexaminer.com/thai-news-foreigners/2022/10/26/higher-exports-in-september-sixth-trade-deficit/

 

-- © Copyright Thai Examiner 2022-10-27

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

[2baht]

3 hours ago, webfact said:

although Thailand still recorded a trade deficit for the sixth month in a row

Nevermind, TAT will release some tourist arrivals and spending figures soon and the country will have a record surplus! ????????

[jcmj]

Well with the strong dollar no wonder the exports are up and imports down. 

[RichardColeman]

52 minutes ago, 2baht said:

Nevermind, TAT will release some tourist arrivals and spending figures soon and the country will have a record surplus! ????????

Unlikely, with them predicting 3% growth this year and next in the economy. Seems the dribble of tourists are spending nothing or not coming

[2baht]

8 minutes ago, RichardColeman said:

Unlikely, with them predicting 3% growth this year and next in the economy. Seems the dribble of tourists are spending nothing or not coming

You are letting truth get in the way of a good yarn! That's never bothered TAT!

[ChrisY1]

Imports still far exceeding exports....Thailand is probably producing less now for export!

The positive growth figures constantly posted in the media, are really showing to be incorrect.

Attempting to bolster everyone into believing things are improving, when in reality, things are failing, is stupid!

This government has been there for 8 years almost.....education, quality employees, financial stress and monopolies ....major contributors to Thailand' failing systems!

[hotchilli]

4 hours ago, 2baht said:

Nevermind, TAT will release some tourist arrivals and spending figures soon and the country will have a record surplus! ????????

Malaysian tourists will triple next month to 3 million visitors spending at least 100,000 each.