Post by habibkhan16 on Feb 22, 2024 3:26:28 GMT -5
The Department of International Trade Promotion keeps abreast of the Thai-Myanmar trade situation. Found not affected Recently, the checkpoint was opened and the communication system returned to normal. Goods can be transported across borders. As for exports, there is a better trend. Reasons why Thai products are still in demand The business sector was not affected. Business can continue. Mr. Somdet Susombun, Director-General of International Trade Promotion (DITP), revealed that from the orders of Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce. To closely monitor the international trade situation between Thailand and Myanmar, the Department received a report from the Overseas Trade Promotion Office in Yangon that cross-border goods transport has opened for business as usual. After Myanmar announced the temporary closure of the border checkpoint. Make the transportation of goods as usual.
Including both mobile and internet communication systems are now back Coinbase Virtual Currency Database to normal operation as well. For export It is expected that Thai exports to Myanmar will still do well After the situation improved and as a result, export sales will not be affected in the long run. Because Myanmar still has demand for Thai products. Especially consumer products and businesses are still allowed to continue operating. There was no announcement of any prohibition. from the Myanmar Army. The Department will discuss with the private sector to prepare a plan to support the demand for Thai products so that they can be distributed according to market demand. As for the situation of product consumption, it was found that Myanmar people have been hoarding products. There are long queues to buy products in markets and shops. Especially food, meat and drinking water, but from the survey at this time there are still enough products to replenish product shelves and in the market. Financial The Central Bank of Myanmar has announced that banks will temporarily close on February 1, 2021.
Therefore, it affects the demand for cash in the economy. and affect foreign currency exchange rates and the gold market in Myanmar With a large number of people withdrawing money from ATMs and buying gold and dollars in the market until the price may skyrocket. Currently, trade between Thailand and Myanmar in 2020 (Jan. -Dec.) has a value of 197,790 million baht, divided into Thai exports to Myanmar valued at 113,940 million baht. Important export products include beverages, refined oil. Machinery, chemicals, steel and products, cosmetics, soap, automobiles, wheat products and prepared foods, cloth and motorcycles. And Thailand imports goods from Myanmar with a value of 83,850 million baht. Important imported products include natural gas, plants and products. Other metal ores Scrap metal and products, meat, fresh, chilled and frozen aquatic animals, vegetables, fruits, electrical machinery.
Including both mobile and internet communication systems are now back Coinbase Virtual Currency Database to normal operation as well. For export It is expected that Thai exports to Myanmar will still do well After the situation improved and as a result, export sales will not be affected in the long run. Because Myanmar still has demand for Thai products. Especially consumer products and businesses are still allowed to continue operating. There was no announcement of any prohibition. from the Myanmar Army. The Department will discuss with the private sector to prepare a plan to support the demand for Thai products so that they can be distributed according to market demand. As for the situation of product consumption, it was found that Myanmar people have been hoarding products. There are long queues to buy products in markets and shops. Especially food, meat and drinking water, but from the survey at this time there are still enough products to replenish product shelves and in the market. Financial The Central Bank of Myanmar has announced that banks will temporarily close on February 1, 2021.
Therefore, it affects the demand for cash in the economy. and affect foreign currency exchange rates and the gold market in Myanmar With a large number of people withdrawing money from ATMs and buying gold and dollars in the market until the price may skyrocket. Currently, trade between Thailand and Myanmar in 2020 (Jan. -Dec.) has a value of 197,790 million baht, divided into Thai exports to Myanmar valued at 113,940 million baht. Important export products include beverages, refined oil. Machinery, chemicals, steel and products, cosmetics, soap, automobiles, wheat products and prepared foods, cloth and motorcycles. And Thailand imports goods from Myanmar with a value of 83,850 million baht. Important imported products include natural gas, plants and products. Other metal ores Scrap metal and products, meat, fresh, chilled and frozen aquatic animals, vegetables, fruits, electrical machinery.