Floods see govt cut 2012 export growth target Skip to main content

Floods see govt cut 2012 export growth target

The Nation October 15, 2011 11:04 am

The severe flooding has prompted the Commerce Ministry to revise downward its export growth target for next year from 15 per cent because of damage to many industrial estates and the logistic systems.

Anchalee Promnart, deputy director-general of the Department of Export Promotion, said the serious floods would lower exports in the first quarter next year, as many enterprises have suspended their operations and shipments.

The financial crunch in Europe and economic problems in the United States are also expected to contribute to lower trade growth in the global market and affect Thai exports next year.

The department will soon call for a meeting with exporters and producers about export targets and promotion strategies for next year. It will also seek remedies for enterprises affected by flooding, she said.

Anchalee said Thailand should still achieve its 20-per-cent export-growth target to US$230 billion (Bt6.9 trillion) this year.

In addition, Thailand's high-profile health and beauty industry is expected to see exports rise 20 per cent to more than Bt130 billion this year as awareness grows of health and beauty products and recognition increases of the quality of Thai products and services.

Ketmanee Lertkitcha, president of the Thai Cosmetics Manufacturers Association, said that because of high competition in the cosmetics market, Thai manufacturers are trying to create their own quality-brand products to attract foreign buyers.

"Manufacturers are trying to adapt quality herbs and plants into our products, as foreign customers are paying more attention to natural products with special physiological actions to benefit health," she said.

Nahkah Tawichawatt, vice president of the Herbal Industry Club of the Federation of Thai Industries, said Thai herb producers will next year focus more on promoting herbal and supplementary products overseas after focusing on the domestic market.

The herbal products trade is expected to grow to Bt90 billion next year, from Bt80 billion this year, he said.

To promote Thai health and beauty products, the Commerce Ministry will host the "Thailand Health and Beauty Show 2011" at Bitec from October 30 to November 3.


Popular posts from this blog

Chronology of the Press in Burma

1836 – 1846 * During this period the first English-language newspaper was launched under British-ruled Tenasserim, southern  Burma . The first ethnic Karen-language and Burmese-language newspapers also appear in this period.     March 3, 1836 —The first English-language newspaper,  The Maulmain Chronicle , appears in the city of Moulmein in British-ruled Tenasserim. The paper, first published by a British official named E.A. Blundell, continued up until the 1950s. September 1842 —Tavoy’s  Hsa-tu-gaw  (the  Morning Star ), a monthly publication in the Karen-language of  Sgaw ,  is established by the Baptist mission. It is the first ethnic language newspaper. Circulation reached about three hundred until its publication ceased in 1849. January 1843 —The Baptist mission publishes a monthly newspaper, the Christian  Dhamma  Thadinsa  (the  Religious Herald ), in Moulmein. Supposedly the first Burmese-language newspaper, it continued up until the first year of the second Angl

Thai penis whitening trend raises eyebrows

Image copyright LELUXHOSPITAL Image caption Authorities warn the procedure could be quite painful A supposed trend of penis whitening has captivated Thailand in recent days and left it asking if the country's beauty industry is taking things too far. Skin whitening is nothing new in many Asian countries, where darker skin is often associated with outdoor labour, therefore, being poorer. But even so, when a clip of a clinic's latest intriguing procedure was posted online, it quickly went viral. Thailand's health ministry has since issued a warning over the procedure. The BBC Thai service spoke to one patient who had undergone the treatment, who told them: "I wanted to feel more confident in my swimming briefs". The 30-year-old said his first session of several was two months ago, and he had since seen a definite change in the shade. 'What for?' The original Facebook post from the clinic offering the treatment, which uses lasers to break do

Myanmar Villagers Tell of 150 Homes Burned in Deadly Army Air Attacks

Artillery fire and aerial bombardments by Myanmar forces killed three civilians and burned scores of houses in their communities in mid-March amid fighting between Myanmar forces and the rebel Arakan Army in war-ravaged Rakhine state, villagers recounted Monday at a press conference. Villagers from Kyauktaw township in western Myanmar's Rakhine state discuss the government military's attacks on their communities at press conference in Sittwe, March 30, 2020. They made the comments after traveling from in Kyauktaw township to the state capital Sittwe to give testimony on a series of attacks on civilian dwellings amid a government-imposed internet shutdown in nine townships in Rakhine and neighboring Chin state, cutting off vital information about the fighting. They villagers accused the Myanmar Army of conducting an aerial bombing on civilian communities that destroyed about 150 homes and a monastery in Pyaing Taing village, while government soldiers on the g