Commerce Ministry aims to achieve export growth of 4% next year

[webfact]

Commerce Ministry aims to achieve export growth of 4% next year

BANGKOK, 1 December 2014 (NNT) - The Ministry of Commerce will promote Thai export by matching the businesses with foreign importers from around the world in hopes of boosting growth to 4% in 2015 as targeted.

Commerce Minister General Chatchai Sarikalya said importers from 15 countries have accepted the invitation from his Ministry to join a business matching program designed to help them find desired products in a pool of over 100 Thai manufacturers and exporters.

General Chatchai said importers overseas, especially in North America, Europe, Latin America and Africa, still have confidence in products from Thailand and consider them important to their countries' economic growth. Popular exported items are food, beverages, rice, rice products, home appliances and jewelry.

The Commerce Minister said the projected export growth for next year will be maintained at 4% and measures will be implemented to ensure the target is met. The Ministry will also pay more attention to trades with neighboring nations.


-- NNT 2014-12-01

[terryp]

4% must be the new 0.05%......good luck with that idea...... China has just released export data and Nov was a continuation of decline that started 8 months ago

[Eric Loh]

4% improvement over this year. That's a soft target considering this year export is flat.

[angiolo]

NO chance,The BAHT is too high for easy exporting.

[Robby nz]

Shouldn't really be that difficult what with rice exports up to their full potential after a couple of years of hoarding and some of the stockpile sold in the off season.

With new markets being explored as is happening things will certainly be better in the coming year.

The main things that will be a problem are vehicles and other traditional exports which depend on developed countries economies some of which are not in good shape.

[chainarong]

A Little less of the crystal ball gazing and a little more logic There's not much else to add, I have noticed similar B/S over the past 3 weeks.

[Thai at Heart]

NO chance,The BAHT is too high for easy exporting.

They said that when it was 28 to the USD. How low would Thailand like it to be? Without of course lighting up inflation

[NeverSure]

NO chance,The BAHT is too high for easy exporting.

They said that when it was 28 to the USD. How low would Thailand like it to be? Without of course lighting up inflation

Just for giggles let's try 50 to the USD and see how that works out.

[espinoza]

Shouldn't really be that difficult what with rice exports up to their full potential after a couple of years of hoarding and some of the stockpile sold in the off season.

With new markets being explored as is happening things will certainly be better in the coming year.

The main things that will be a problem are vehicles and other traditional exports which depend on developed countries economies some of which are not in good shape.

The rice export. Thailand cannot live with the current price. The junta continuing ying lucks policy., communist . The big boss that do not like to be qestionrd, is a <deleted>..ng chineese communist spy.

[Thai at Heart]

NO chance,The BAHT is too high for easy exporting.

They said that when it was 28 to the USD. How low would Thailand like it to be? Without of course lighting up inflation

Just for giggles let's try 50 to the USD and see how that works out.

Well this is of course the problem. They moan at 28, devalue and we will compete. And pfffft.

Nothing happened. In 97 when it collapsed FDI jumped like mad and exports grew. But that was on the back of FDI. And what is the junta prattling on about? Tightening the investment rules.

So, let's not kid ourselves that dropping rh baht even further is going to magically spur exports. You can't devalue your way to wealth.