News Feed

 Thailand’s border trade with its neighbours reached Bt530 billion iin the first six months of this year, up 5.1 per cent from the same period last year. The value woud have reached Bt634 billion if cross border trade activities were included.The value would have reached Bt634 billion had the figures included the trade in goods that crossed an additional land border to a third country.
Of the total trade value, about Bt330.8 billion represented Thailand’s export value, up 9.76 per cent year on year. The increase in export is in line with the ministry's support fot border trade activities, said Commerce Minister Apiradi Tantraporn. 
Imports came to Bt199.9 billion, down 1.8 per cent compared to the same period last year. 
Among the trading partners, Malaysia posted the highest border trade value with Thailand at Bt275.8 billion, up 13.91 per cent year on year, of which Bt157.5 billion were exports from Thailand, up 27.48 per cent while imports from that country stood at Bt118.32 billion, down 0.23 |per cent. 

THAI JV IN LNG DEAL 

Petroliam Nasional (Petronas) has disposed of a 10 per cent stake in Petronas LNG 9 (PL9SB), in Malaysia, in a US$500 million deal with Thailand’s state-owned energy company and its partner.
A statement by Thailand’s PTT Exploration and Production Public Company Ltd to the Thailand Stock Exchange said its subsidiary’s joint-venture company had acquired the stake. The liquefied natural gas assets are in Bintulu, Sarawak. – The Star