News
Thailand BOI Approves Investment Worth USD1.54 billion in Biochemicals, Data Centers, and Hospital; Sets New Promotion Category for the Repair of Used EV Batteries and ESS
The Thailand Board of Investment (BOI) today approved the investment promotion applications of eight large projects worth a combined 56.95 billion baht (USD 1.54 billion),...
Fears are rising ocean freight rates may surpass $20,000 with no relief for global trade into 2025
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
India: Rubber sector urges higher import duties
The All India Rubber Industries Association has reiterated its request for a higher import duty on rubber-finished products in order to advance the interests of local producers and farmers.
Thailand’s Jan-March Investment Pledges Soar 31% to USD6.2 Billion, Signaling Strong Year Ahead, BOI Says
The value of applications for investment promotion in Thailand in the first quarter of 2024 soared 31% to 228.2 Billion Baht (USD6.2 billion) from the year earlier period, ...
Europe may need to impose tariffs of up to 55% to curb Chinese EV imports, research says
The European Union will need to levy higher-than-expected tariffs of up to 55% on Chinese electric vehicles to curb their imports into the bloc, according to a new analysis by Rhodium Group.
IMF raises its Asia growth forecast for 2024, highlights India’s growth and China stimulus as key drivers
The International Monetary Fund raised its Asia growth forecast for 2024 on Tuesday, as it remained optimistic about India’s growth and focused on the need for more stimulus from China.
INTERNATIONAL RUBBER ASSOCIATION
SECRETARIAT
THE THAI RUBBER ASSOCIATION
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+66 74 429312
secretariat@irainfo.org