The new wave of the COVID-19 outbreak caused Thailand's economic slowdown as well as high uncertainty. The Thai economy was projected to expand by 3.0 percent because Thailand confronts baht appreciation, comparing with competitive countries. As a result, Thailand is unable to compete on export prices, especially agricultural products and products using domestic raw material. Besides, the export sector and the logistic industry are affected by an unfore...

The current committee of the Thai Rubber Association has been in charge of the operation since 2019. The operation of the committee is based upon the following principles: 1) to operate on the principle of transparency and good governance; 2) to corporate with government agencies and private sector both at local and international level; 3) to cherish close relationships with other rubber producing countries, particularly in Asia; 4) to act as a central ...

The United States has finished their presidential election on 20 January 2021 with Joseph Robinette Biden, Jr. or Joe Biden has been officially sworn in as the 46th president of the United States. After Joe Biden was inaugurated as the 46th US President, he issued 17 executive orders, presidential memoranda, and agency directives with the essence as follows: 1) Appoint Jeffrey D.Zients to serve as coordinator of the COVID-19 response and counselor to th...

Over the past four years, 'Brexit' has become familiar to everyone. Brexit is a portmanteau of the words "British" and "exit" coined to refer to the U.K.'s decision in a June 23, 2016 referendum to leave the European Union (EU) with 51.9% of the ballot. Moreover, the United Kingdom (U.K.) government used Article 50 of the Lisbon Treaty as the first process of leaving the EU. Not only it's the first time a country withdraws from the international trade c...

The global economy in 2021 is expected to recession. The International Monetary Fund (IMF) expects world’s GDP growth to contract at 4.4% and recover at 5.2% in 2022, mainly affected by the slowdown economy, US-China trade war, and the second phase of the Covid-19 outbreak. However, there is a positive factor from the news of the Covid-19 vaccine, expected to receive broad approval in the first quarter of 2021 and will solve the Covid-19 pandemic. Mor...