(File photo by Krit Promsaka na Sakolnakorn)The government is upbeat about the country's export prospects after shipments rose at the fastest rate in more than five years in January. The Commerce Ministry's export growth target of 8% is well above the 6.8% forecast by the National Economic and Social Development Board. Exports rose to all major markets, especially South Asia, where shipments surged 26.1% year-on-year last month. Also seeing strong growth were exports to Japan (up 26.3%), the US (11.3%), the EU (8.9%), Asean (14.3%) and CLMV (18.4%). The EIC predicts Thai export growth of 5% this year.

Source: Bangkok Post February 21, 2018 22:07 UTC