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Export prices increased 2 percent as foreign buyers continued seeking Thai rice.

Export prices increased 2 percent due to the rapid strengthening of the Thai baht.

The hospitality industry was one of the hardest hit sectors during the pandemic but bounced back to pre-COVID levels since the full reopening of the sector in March 2022. However, the industry now faces an even bigger challenge with the cost-of-living crisis affecting the UK. Supply shortages, delays to deliveries, and staff shortages are having a significant impact on everyday business operations.

The Thai Cabinet has approved the draft Biodiversity Law in principle. The draft is in the legislative process and currently with the Council of State for review and approval on text. The Thai Food and Drug Administration finally published its two...

Export prices remain unchanged as the strengthening of the Thai baht offset reduced domestic prices.

FY2022 agricultural exports reach record levels.

Export prices increased one percent due to the strengthening of the Thai baht and strong export demand.

FAS/Bangkok (Post) revised down MY2022/23 rice production slightly to 19.9 MMT due to flood damage on main-crop rice production. MY2022/23 corn production and imports, as well as wheat imports, remain unchanged from the previous forecast.