Category Archives: News

The global pet market is continuously expanding due to the “Pet Humanization” trend, where pets are treated like family members. This has resulted in pet food, pet treats, health care products, and lifestyle accessories becoming a high-potential market for Thai businesses, offering increased export opportunities.      The Department of International Trade Promotion (DITP) assesses […]

Following the formal signing of a Memorandum of Understanding (MOU) between the United States and Iran on June 17th, analysts point out that although global oil prices have fallen, pressure on crude oil reserves remains severe. Meanwhile, the IEA warns of a potential major oil glut in 2027 as oil from the Middle East re-enters […]

Krungthai COMPASS Research Center estimates that the Middle East conflict is creating cost-push pressure from rising fertilizer and oil prices, inevitably impacting the production costs of the Thai food industry. Four food products are highly affected: bread/baked goods, snacks, instant noodles, and soybean oil. Krungthai COMPASS states that the Middle East conflict and the closure […]

Private sector supports halal businesses as a new engine for driving Thailand’s economy and tourism. They point to high potential, with a global value of $1.36 trillion. They regret that COVID-19 prevented Thailand from falling out of the top 3 halal markets and recommend collaboration with the Islamic Chamber of Commerce to capture the global […]

     Every year before THAIFEX – Anuga Asia, the Norwegian Seafood Council (NSC) organizes the Norwegian Seafood Seminar. This event provides an opportunity for seafood industry partners from across the region to meet Norwegian exporters, update on trends, exchange perspectives and new ideas, and build relationships amidst a delicious seafood feast. A key takeaway […]

The U.S. Senate, largely controlled by Republican senators, approved a measure requiring President Donald Trump to end the war in Iran or seek congressional approval before taking further military action.  A number of Republican members joined Democrats in a vote of 50 to 48 yesterday (June 23) on a measure that had already been approved […]

No matter how bad the economy is, or how expensive noodles are, if you walk into a pet food store, you’ll see that Thais still “spoil” their four-legged friends without hesitation. And this isn’t just a personal feeling; there are economic figures to support it.      TTB Analytics, an economic analysis center, estimates that […]

The French government has declared a red alert in 35 areas and banned the sale and consumption of alcohol in public during music festivals amid a severe heatwave covering many regions, with temperatures potentially reaching 41 degrees Celsius in some areas. Many European countries are scrambling to cope with the effects of the extreme heat.  […]

Global oil prices plunged more than 4% in Asian markets after Pakistan announced the US and Iran had reached an agreement to end their conflict, while Trump confirmed the Strait of Hormuz would reopen for shipping, signaling a relaxation of concerns about a global energy crisis. The announcement of a deal to end the conflict […]

Informa Markets is upgrading ProPak Asia 2026 to a regional platform for manufacturing and packaging business and innovation, relocating the event to IMPACT Muang Thong Thani, expanding the exhibition space by 20% to over 60,000 square meters. This move embraces the Industry 5.0 trend, where humans, AI, and machines collaborate. Over 80,000 visitors are expected, […]