Thailand Boosts Crossborder Trade with WCO Backing

Thailand Boosts Crossborder Trade with WCO Backing

The World Customs Organization (WCO) held a Coordinated Border Management (CBM) workshop in Thailand to enhance the Thai Customs' cross-border trade management capabilities. The workshop focused on key areas such as cooperation between border agencies, Single Window implementation, and paperless trade. Participants also conducted a site visit to a border checkpoint to provide expert recommendations for upgrading Thailand Customs' CBM. This initiative aims to help Thailand create an efficient and convenient cross-border trade environment.

Nakhon Si Thammarat Airport Boosts Southern Thailand Tourism

Nakhon Si Thammarat Airport Boosts Southern Thailand Tourism

Loei Airport, with the IATA code NST, is located in Loei Province, Thailand, 14 kilometers from the city center. Since its opening in 1998, it has become an important aviation hub. The airport features a runway that is 2,100 meters long, multiple parking bays, and a passenger terminal area of 7,985 square meters, capable of accommodating up to 2,504 passengers. Major airlines operating at the airport include Thai AirAsia, Nok Air, and Thai Lion Air, providing flight services to key cities such as Bangkok.

Thailand Strengthens IP Rights Enforcement with WCO Support

Thailand Strengthens IP Rights Enforcement with WCO Support

Thailand Customs, guided by the WCO, is upgrading its intellectual property border enforcement system through data analysis and risk management optimization. The workshop promoted international cooperation and communication with rights holders. Future efforts will focus on strengthening data analysis capacity building, exploring the application of artificial intelligence, and improving laws and regulations to more effectively combat counterfeit products. This includes enhancing data-driven decision-making and fostering collaboration to address the challenges posed by IP infringements at the border.

Thailand South Korea Sign AEO Trade Facilitation Deal

Thailand South Korea Sign AEO Trade Facilitation Deal

Thailand and South Korea Customs signed an AEO Mutual Recognition Arrangement (MRA) to facilitate bilateral trade by mutually recognizing AEO enterprise qualifications. This includes reduced inspection rates, priority customs clearance, and simplified documentation. The agreement provides opportunities for businesses to expand into international markets and encourages them to actively apply for AEO certification, strengthen internal management, and familiarize themselves with the MRA to fully leverage its benefits. This collaboration aims to boost trade efficiency and competitiveness for both countries.

Shopee Cuts Jobs in Thailand Amid Efficiency Push

Shopee Cuts Jobs in Thailand Amid Efficiency Push

Shopee's layoffs in Thailand are a microcosm of its global strategic adjustments, reflecting the need to reduce costs and improve efficiency amid profitability challenges. Previously, Shopee exited the Indian market, adjusted its Latin American business, and reduced its China team. Facing a global economic downturn, refined operations and risk management have become crucial for the survival and development of cross-border e-commerce companies. The layoffs signal a shift towards prioritizing profitability and sustainable growth in a challenging economic environment.

Krungsri SWIFT Codes Guide for International Transfers in Thailand

Krungsri SWIFT Codes Guide for International Transfers in Thailand

This article provides a detailed guide on using SWIFT codes for Bank of Ayudhya (Krungthai Bank) in Thailand. It covers the appropriate use of the head office code, AYUDTHBKXXX, and explains how to find branch-specific codes. The guide also highlights important details to consider when making remittances to Thailand via Krungthai Bank. Key information about the bank is provided to help readers facilitate successful cross-border transfers and avoid remittance failures due to incorrect information.