Thailand Focus Week of April 27th, 2015

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Royal Thai Embassy, Washington, D.C.
Week of April 27, 2015 Executive Summary

  • Indonesia joins Thailand to fight illegal fishing.
  • Germany donates funds to Thai anti-trafficking group
  • Record ivory seizure at Bangkok port.
  • Japan set to partner with Thailand in Dawei project in Myanmar.
  • Ministry: $17 billion invested, 100K jobs created in six months.

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Indonesia joins Thailand to fight illegal fishing

The same week that the European Union threatened to sanction Thailand over illegal, unregulated and unreported (IUU) fishing, Indonesia, one of the countries most affected by that problem, agreed to form a joint task force with Thailand to tackle the issue and praised Thailand’s efforts to regulate and monitor its fishing fleets, saying the Thai government is truly committed to solving the problem. Read more

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Germany donates funds to Thai anti-trafficking group

The government of Germany donated nearly $75,000 last week to a Thailand-based non-profit organization dedicated to fighting human trafficking, following a visit by members of the German parliament to observe anti-trafficking efforts in the Kingdom. Read more

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Record ivory seizure at Bangkok port

Thailand’s crackdown on ivory smuggling scored two important victories last week when Customs officials interdicted two shipments of illegal ivory, including the confiscation of 739 ivory tusks being smuggled through Bangkok’s port in what amounted to the largest ivory seizure ever by Thai officials. Read more

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Japan set to partner with Thailand in Dawei project in Myanmar

Japan will come onboard as a partner in the Dawei industrial estate and deep seaport in neighboring Myanmar, a development spearheaded by Thailand, with the Japanese government expected to sign a formal agreement when officials from Thailand’s National Economic and Social Development Board visit Tokyo next month, an NESDB official said last week. Read more

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Ministry: $17 billion invested, 100K jobs created in six months

Thailand’s Ministry of Industry said last week that cutting red tape helped attract over $17 billion worth of investment in the industrial sector and created over 100,000 jobs during the past six months, while the Board of Investment said the value of investments during the first quarter of this year was six times higher than during the same period last year. Read more

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In this issue

Thailand at a Glance

4th Quarter 2014 Key Indicators
GDP: 0.7%
Export: $56.8 billion
Import: $49.1 billion
Export growth rate: – 1.5%
Import growth rate: – 5.7%
Current account balance: Surplus by 9.815 billion USD
Trade surplus: $7.7 billion
Unemployment: 0.6%
Headline inflation: -0.52%
Official foreign reserves: $157.11 billion USD
2014
GDP: $373.6 billion
GDP per capita: $5,445
GDP growth: 1.5-2.0%

2013
GDP: $385 billion
GDP per capita: $5,647
GDP growth: 2.9%

2012
GDP: $366 billion
GDP per capita: $5,390
GDP growth: 6.5%

2011
GDP: $345.6 billion
GDP per capita: $5,113
GDP growth: 0.1%

Archives

Apr 21,2015
Apr 15,2015
Apr 7,2015

March 30,2015
March 24,2015
March 16,2015
March 9,2015
March 2,2015

February 23,2015
February 17,2015
February 9,2015
February 2,2015

January 26,2015
January 20,2015
January 12,2015
January 5,2015

Thailand Focus 2014
Thailand Focus 2013
Thailand Focus 2012
Thailand Focus 2011

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