U.S. Polo Assn. Sponsors SI The Party, Celebrating the Big Game in Vegas

Sport-Inspired Brand Brings Apparel and Activations to the Hottest VIP Party of the Year

WEST PALM BEACH, FL / ACCESSWIRE / February 15, 2024 / U.S. Polo Assn., the official brand of the United States Polo Association (USPA), was excited to sponsor Sports Illustrated: SI The Party Presented by Captain Morgan with VIP-driven experiences and iconic performances at Wynn Las Vegas’ famed XS Nightclub. Headlined by The Chainsmokers, Kygo, and other special guests, SI The Party featured one of the Big Game weekend’s most buzzed-about lineups ever.

The multi-billion-dollar global U.S. Polo Assn. brand presented exciting, sport-inspired activations at the party, as well as co-branded staff apparel and accessories with the iconic double horsemen logo, and party giveaways like hats and buttons. One of the most exciting activations was a beautiful, life-size, 3-D photobooth backdrop featuring the best images from championship polo games, where fans and celebs alike had fun posing with polo props as if they were competing on the polo field themselves.

It was a packed house at XS Nightclub filled with global influencers and some of the world’s biggest celebrities like Kim Kardashian, Kendall Jenner, Justin and Hailey Bieber, Brittany Mahomes, Miles Teller, Trevor Lawrence, Tiffany Haddish, Dylan Sprouse and DIPLO, as well as sports icons such as Brooks Koepka, Aly Raisman, Tony Parker, and many more – all showing up to party with U.S. Polo Assn.

"U.S. Polo Assn. was thrilled to be part of such an iconic party this year to celebrate the Big Game in Las Vegas and to partner again with Sports Illustrated as we did previously on the SI Sports Awards," said J. Michael Prince, President and CEO of USPA Global, the company that manages and oversees the U.S. Polo Assn. brand. "As a sport-inspired, global brand, this partnership for the Big Game is one that’s a great match with the DNA of U.S. Polo Assn."

Produced by Authentic Entertainment and Medium Rare, the sports and music spectacle brought musical performances and immersive activations and an ultra-luxe, VIP experience to fans in Vegas for the Big Game. XS Nightclub at Wynn Las Vegas, one of the most exclusive and top-rated nightclubs in the world, was reimagined with enhanced production and oversized activations for all attendees to enjoy.

"It was a blast seeing the crowd enjoy our sport-focused U.S. Polo Assn. activations, wear our iconic brand, participate in the VIP experience and party to The Chainsmokers and Kygo," added Stefanie Coroalles, Vice President of Global Brand Marketing for USPA Global.

Sports Illustrated is synonymous with the celebration of sports; fans around the world and SI The Party was no exception. The star-studded event to celebrate the Big Game Weekend invited fans to mingle with the who’s who of the sports and entertainment worlds.

"SI, Authentic Brands and Medium Rare are thankful to have U.S. Polo Assn. on board as our generous sponsor this year, for the very first time," said Tatum Mannion, Executive Director of Partnerships, Medium Rare. "It’s fantastic to have another industry-leading sports partner that has the same goal as we do, to inspire fans and consumers to enjoy the fusion of sports, music and entertainment in one of the most exciting locations in the world, as we revved up for an incredible Big Game Weekend in Las Vegas this year."

About U.S. Polo Assn.

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country’s oldest sport governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through over 1,200 U.S. Polo Assn. retail stores, as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of households globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing and digital presence. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Modern Retail and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.

About Sports Illustrated

Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams, and fans worldwide. SI’s award-winning media enterprise brings powerful storytelling to life across platforms ranging from Emmy-winning video to the monthly print magazine with a 60-year heritage. Sports Illustrated also shares its unique and authentic perspective year-round through marquee events, immersive activations, long-form television, film, and audio content as well as select lifestyle products. For more information, visit SI.com. Follow Sports Illustrated on Twitter, Instagram, and Facebook.

About Medium Rare

Lauded events, experiential, and management company, Medium Rare works at the intersection of Sports & Entertainment, partnering with well-known athletes and brands to create iconic media properties. The group’s world-class production is balanced by its growing management division, overseeing careers, tours, and partnership deals for some of the most celebrated artists and athletes. For more info, visit www.Medium-Rare.com

Contact Information

Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Shannon Stilson
VP, Sports Marketing & Media
sstilson@uspagl.com
+001.561.227.6994

SOURCE: USPA Global Licensing Inc.

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View the original press release on newswire.com.

Thailand uses FTA handicaps to enter the Chinese market. Processed sugar group surges.


Nonthaburi, The Department of Foreign Trade reveals the ASEAN-China FTA pushes Thai products to stand out in China. Especially processed sugar such as syrup, artificial honey and other sweeteners. Over the past 10 years, Thailand has exported processed sugar products. to China grows at an average of 144.84% per year from the use of Certificate of Origin (Form E) to exempt Chinese import tax of 0% from the normal tax rate (MFN rate) of 30%, which in 2023, the past ASEAN-China FTA Push the total export of Thai processed sugar products to China to nearly 30 billion baht.

Mr. Ronarong Poolpipat, Director-General of the Department of Foreign Trade Revealed that the Department Has followed the trade situation of agricultural products and processed agricultural products to foreign markets in 2023, found that China is Thailand’s number one export market for agricultural products. They account for approximately 42% of Thai agricultural exports. by processed sugar products (not including raw sugar) such as syrup, arti
ficial honey, caramel, or other sweeteners that can be used to flavor food, drinks, and medicine. They are considered outstanding Thai products and have a very high demand in the Chinese market in 2018. 2023 China imported processed sugar worth 982.52 million US dollars (31,358.58 million baht), with Thailand occupying the number 1 import market with a value of 853.65 million US dollars (29,807.32 million baht), accounting for 86.88% of the amount that China imports from the world. Expanded from the previous year by 103.14% and from statistics on processed sugar imports going back 10 years, it was found that China imported from Thailand had a high growth rate, averaging 144.84% per year.

This is an important factor that helps sugar be processed. which is a product that has the potential to be exported by Thailand, able to rank number 1 in the Chinese market, is to receive trade benefits under the ASEAN-China FTA (ASEAN – China Free Trade Agreement: ACFTA) because in the Chinese market for products processed
sugar If you do not use the benefits under ACFTA, you will be required to pay normal import customs duty (MFN Rate) at the rate of 30%, but will be exempt from duty at 0% when you have a Certificate of Origin (Form E) issued by the Department of Trade. Foreign countries also direct This creates a competitive advantage for Thai processed sugar products. In 2023, there are entrepreneurs requesting to issue Form E certificates for processed sugar products from the Department of Foreign Trade. To use the special rights to request exemption from import taxes in China worth 833.37 million US dollars, or approximately 29,099 million baht, accounting for the proportion of rights exercised at 97.62%.

‘Taking agricultural products such as raw sugar into processing It will help add value to such products in Thailand and have a positive impact on sugarcane farmers. Because it makes products more diverse and has a wider market. This is a government policy that wants to encourage Thai entrepreneurs to process agricultural
products in order to add value to the products. Processed sugar is considered one of the products in which Thai exporters have high competitive potential. Competing for an advantage and taking advantage of the FTAs ??that Thailand has will help drive Thai products to expand their markets to more foreign countries. for processed sugar products In addition to the Chinese market ASEAN is considered an interesting market with high potential. With a population of over 600 million people, Thailand’s processed sugar trends are in high demand in the market, especially products used in the food and beverage industry. Importantly, Thai processed sugar products receive special tax privileges under the ASEAN Free Trade Agreement (AFTA), with an import tax exemption of 0% from the normal tax rate (MFN Rate) between 3-15% of the market. that have high potential in ASEAN such as the Philippines, Myanmar and Indonesia, etc.,’ said Mr. Ronarong.

In addition, the Department has given importance to service work, especially the
issuance of certificates of origin. We have developed a service system for issuing certificates. To be consistent with the modern trade context Emphasis is placed on providing exporters with convenience, speed, and reducing the steps for contacting officials. At the end of last year, the Department facilitated this by adding channels for exporters to print the Certificate of Origin themselves. (Self-printing) anywhere, anytime through the DFT SMART C/O system, including Form RCEP, Form AHK, Form AJCEP, and Form TP. And from February 15, 2024 onwards, services will be added with Form E (for export China and Malaysia) and general Form AK and C/O

However, on this occasion, we would like to invite exporters to use the benefits from the FTA in exporting to increase the competitiveness of your products. For exporting products in the food group to China, exporters must study the import regulations. related to the General Administration of Customs of the People’s Republic China (GACC). Because China has required tha
t those who will export to China must register as producers of imported food products from abroad according to Regulation No. 248 through the website https://cifer.singlewindow.cn. You can find more information at the website of the Foreign Agricultural Advisory Office. Based in Beijing As for information about trade benefits For more information, please contact the Department of Foreign Trade hotline 1385 or Line Official Account (@gsp_helper), etc.

Source: Thai News Agency

Visit Chiang Rai, the land of beautiful flowers


Welcome the month of love. I’d like to take everyone to the northernmost point of Siam, in Chiang Rai Province, to be delighted with various kinds of flowers. Enjoy the beautiful view. Amidst the most romantic atmosphere Go on a journey to capture the most impressive images of nature in Lanna.

#Happiness as soon as you travel to Thailand

#Amazingthailand

#Tourism Authority of Thailand #TAT

#Visit Chiang Rai, land of beautiful flowers

#Chiang Rai

Source: Thai News Agency

Commerce joins forces with partners to organize the THAIFEX – HOREC ASIA 2024 exhibition.


Nonthaburi, The Department of International Trade Promotion (DITP), Thai Chamber of Commerce (TCC) and Cologne Messe Germany (KM) announced joining hands to organize THAIFEX – HOREC ASIA 2024 for the first time to showcase a group of products. HoReCa industry (hotel, restaurant and catering business) between 6 – 8 March 2024 at IMPACT Muang Thong Thani, Bangkok, Buildings 9 – 12, expected to attract 20,000 buyers from around the world, ready to push Thailand to be the HoReCa center of Asia

Ms. Natthiya Suchinda, Deputy Director-General of the Department of International Trade Promotion, revealed that ‘after the COVID-19 situation resolved, trade and tourism activities returned to normal. As a result, businesses related to the HoReCa industry, including hotels, restaurants, and catering, recovered. Demand for products related to this group is increasing. Therefore, it is a good opportunity for Thailand that has high potential and many strengths, such as being a top destination for tourists around the world. R
eputation for Hospitality or Thai hospitality and hospitality that is a highlight There are also manufacturers of quality products. Creative designers make Thai HoReCa products and services unique and different. And from the past success of the cooperation of all 3 agencies in organizing the THAIFEX – ANUGA ASIA event.

The Department is confident that THAIFEX – HOREC ASIA will be an important trade platform that will help unlock the future of the HoReCa industry and push Thailand to be the HoReCa hub of Asia. We have more than 300 companies exhibiting in 722 booths at the event. from 24 countries, including Thailand, on an exhibition area of ??27,000 square meters, covering 9 main groups: bakery and ice cream, cafes and bars, business, cleaning and laundry. dining equipment furniture group kitchen equipment Food service, technology and healthcare businesses with a special zone HoReCa World and it is expected that there will be no less than 20,000 buyers/business people visiting the event.’

Mr. Sanan Angubol
kul, Chairman of the Thai Chamber of Commerce Revealing the readiness of Thai entrepreneurs to participate in product and service exhibitions. Including various technologies and innovations. ‘We believe that This event will help create new business opportunities for Thai entrepreneurs in the HoReCa industry, which has received a better response than expected. There were more than 120 Thai companies participating in 270 booths, ready to bring products with innovative production developments. creative design Products raised from wisdom Come join in pushing for soft power to create marketing channels internationally. We also invited a group of businessmen. Both hotel owners hotel manager Business owner, restaurant, cafe Both large and small, as well as chefs and catering businesses. including the network of the Thai Chamber of Commerce, such as businessmen from provincial chambers of commerce Foreign Chamber of Commerce in Thailand Various trade associations visited the event. To create business negotiations and
create trading value. Including expanding Thailand’s economic growth further.’

Mr. Phusit Sasitharanon, Advisor to the Executive Board of Cologne Messe Thailand, added that ‘Based on the continued success of THAIFEX – ANUGA ASIA, collaborating to organize this event It is considered an expansion of the exhibition business to cover the hotel, restaurant and catering business segments. We have foreign exhibitors totaling 212 companies, 452 booths from 23 countries around the world. With countries in Europe, America and Asia participating in the exhibition. Focus on innovations that will help meet the needs of the modern HoReCa business, such as using AI to help enhance the work of chefs. Including telling stories about HoReCa business trends through product presentations in 6 trends, including Sustainability Showing responsibility and caring for the environment, Contactless, contactless system, Digital Guest Experience, creating experiences through a digital system, Plant Based Menu, food from plants, Food Was
te Management, food waste management, and Energy Efficiency Solutions, technology to increase energy efficiency. Along with this, we have also invited Buy from over 500 major companies to visit the show and meet exhibitors in person.

In addition, the organizing committee also mentioned preparing many highlights and special activities at the event, such as the ASEAN Barista Team Championship, the Thailand Ultimate Housekeeping contest, product exhibitions in THAIFEX – HOREC Xperiential. Zone presents products and future trends of HoReCa, including educational seminars from real business gurus of the THAIFEX industry – HOREC Academy through workshop activities. Cooking demonstrations and activities provide lots of knowledge and fun every day throughout the event.

The THAIFEX – HOREC ASIA 2024 event will be held from 6 – 8 March 2024 from 10:00 AM – 6:00 PM at IMPACT Exhibition Center, Buildings 9 – 12 at the IMPACT Exhibition and Convention Center. c Muang Thong Thani. Those interested can see details and reg
ister to attend in advance at www.thaifex-horec.asia .-

Source: Thai News Agency

The Prime Minister accepts the proposal from the FTI to expedite Chinese products hitting the Thai market.


Bangkok, The Prime Minister accepts the proposal from the FTI to expedite Chinese products hitting the Thai market. Ready to order the Permanent Secretary of the Ministry of Finance to arrange a meeting with the Director-General of the Revenue Department. and Director General of the Customs Department Find a solution to this matter urgently.

Mr. Settha Thavisin, Prime Minister and the Finance Ministry, posted via Until causing concern to Thai manufacturers who are unable to compete on price, namely

1.? ?There is a false declaration through the Free Trade Zone of less than 1,500 baht in order to intend to avoid VAT.

2.? ?There are cheap products, especially from China, dumped into the Thai market from online products and taking advantage of the Free Trade Zone that has been established for the benefit of customs duties in industrial, commercial or other beneficial activities. for the national economy

3.? ?There is the practice of smuggling goods through customs by declaring false information in order to av
oid taxes.

However, it is considered to have an impact on Thai entrepreneurs, manufacturers, and small traders. Affected by the inability to compete on price This is because most imported products are cheaper because they are exempt from taxes. It is also a low quality product that lacks standard certification from government agencies. And there is also the problem of intellectual property infringement.

The Prime Minister has received a proposal document from the Joint Committee of 3 Private Sector Institutions (CPC) regarding guidelines for dealing with this matter. and ordered the Permanent Secretary of the Ministry of Finance to arrange a meeting with the Director-General of the Revenue Department and Director General of the Customs Department today immediately In collecting value added tax In order not to put entrepreneurs in the country at a disadvantage. .

Source: Thai News Agency

Bangkok has dense PM 2.5 dust. Outdoor activities are prohibited.


Bangkok, The Office of the Educational Service Area reiterates that the air buoyancy ceiling is low in Bangkok – the surrounding area, dust accumulates densely. Ask people to refrain from outdoor activities. and refrain from dust-generating activities

The Air Pollution Problem Solving Communication Center (AMC) reported on the air quality situation on February 15, 2024, found factors that cause dust to exceed standard values ??in Bangkok and surrounding areas. It comes from fluctuating meteorological conditions. Makes the air ceiling much lower It is at a level near the surface. together with the wind speed being quite low causing dust to accumulate more densely, Pol. Gen. Patcharawat Wongsuwan, Deputy Prime Minister and Minister of Natural Resources and Environment Followed the meteorological conditions. PM2.5 dust situation and concern for the health of the people Emphasize strict control over dust sources. as well as monitoring and taking care of the health of the people as best as possible

Air quality s
ituation Many areas had PM2.5 dust values ??exceeding the standard, including the Bangkok and surrounding area, which measured 35.1 – 81.9 micrograms per cubic meter (µg/cubic meter), the northern region 19.2 – 91.4 µg/cubic meter. . Northeastern region 31.3 – 77.6 micrograms/cubic meter. Central and western regions 53.2 – 114.0 micrograms/cubic meter and eastern regions 45.1 – 86.5 micrograms/cubic meter (standard value not more than 37.5 micrograms/cubic meter)

Heat spot data from GISTDA: Thailand has a total of 1,712 hot spots, including 1,073 in forest areas, 220 in rice fields, 167 in other agricultural areas, 81 in corn, 64 in sugarcane, and 107 in others. Most of them are found in forest areas. Including hot spots in neighboring Cambodia, there are as many as 2,591 hot spots. The air quality situation in Bangkok is likely to continue to decline. Due to the wind changing direction It will blow from the southwest to the northeast. This causes small dust particles to be blown away from the area, especial
ly during February 17-18, thus causing PM2.5 dust particles to decrease.

Requesting cooperation to reduce dust emissions at the source of pollution. Reduce or refrain from using cars. By turning to use public transportation Maintain your engine regularly, especially diesel engines. and prohibit all types of burning For in the area Bangkok and surrounding areas I wish all the people Refrain from doing outdoor activities Always wear a dust mask when outdoors. If you have any unusual symptoms, hurry to see a doctor. People can follow the situation through the websites Air4Thai.com and airbkk.com, the Air4Thai and Life Dee applications, and if they need health information, they can inquire at the Department of Health hotline 1478. Yes.

Source: Thai News Agency

HCM City, Son La join UNESCO Global Network of Learning CitiesJoining forces to organize the trade show THAIFEX – HOREC ASIA 202

Paris: Ho Chi Minh City and Son La city in the northern mountainous province of the same name have joined the UNESCO Global Network of Learning Cities (GNLC) as announced by the United Nations Educational, Scientific and Cultural Organization (UNESCO) on February 14.

They were among the 64 new members from 35 countries recognised by the organisation for their outstanding efforts to make lifelong learning a reality for all at the local level.

Ambassador Nguyen Thi Van Anh, Permanent Representative of Vietnam to the UNESCO, noted that the event reflects specific steps in the implementation of policies and guidelines of the Party and the State regarding international integration and education.

Dao Quyen Truong, Deputy Director-General of the Department of Cultural Diplomacy and UNESCO Affairs under the Vietnamese Ministry of Foreign Affairs, viewed it as the result of the materialisation of the cultural diplomacy strategy to 2030, efforts and resolve of the local People’s Committees as well as their close coo
rdination with relevant agencies, experts and scientists both at home abroad, and contributions by local residents.

Apart from HCM City and Son La, three other Vietnamese cities have also joined the network, namely Sa Dec city in the Mekong Delta city of Dong Thap, Vinh city in the central province of Nghe An (2020), and Dong Thap’s Cao Lanh city (2022).

The UNESCO Global Network of Learning Cities is an international network comprising cities that successfully promote lifelong learning across their communities. The new learning cities are added to the network on the recommendation of a jury of experts. A strong commitment to lifelong learning by the mayor and city administration and a track record of good practices and policy initiatives are key prerequisites for becoming a learning city.

With the new members, the network now counts 356 cities from 79 countries with more than 390 million people benefiting from lifelong learning opportunities./.

Source: Vietnam News Agency

Bangkok, Commerce DITP joins forces with TCC and KM to organize the trade show THAIFEX – HOREC ASIA 2024, penetrating the hotel, restaurant, and catering business market. Push Thailand to be the HoReCa center of Asia.

The Department of International Trade Promotion (DITP), Thai Chamber of Commerce (TCC) and Cologne Messe Germany (KM) announced their cooperation to organize THAIFEX – HOREC ASIA 2024 for the first time to showcase products from the HoReCa industry group (hotel, restaurant and Catering) between 6 – 8 March 2024 at IMPACT Muang Thong Thani, Bangkok, Buildings 9 – 12, expected to attract 20,000 buyers from around the world, ready to push Thailand to be the HoReCa center of Asia.

Ms. Natthiya Suchinda, Deputy Director-General of the Department of International Trade Promotion, revealed that ‘after the COVID-19 situation resolved, trade and tourism activities returned to normal. As a result, businesses related to the HoReCa industry, including hotels, restaurants, and catering, recovered. Demand f
or products related to this group is increasing. Therefore, it is a good opportunity for Thailand that has high potential and many strengths, such as being a top destination for tourists around the world. Reputation for Hospitality or Thai hospitality and hospitality that is a highlight There are also manufacturers of quality products. Creative designers make Thai HoReCa products and services unique and different. And from the past success of the collaboration of all 3 agencies in organizing THAIFEX – ANUGA ASIA, the Department is confident that THAIFEX – HOREC ASIA will be an important trade platform that helps unlock the future of the HoReCa industry and push for Thailand is the HoReCa hub of Asia. We have more than 300 companies exhibiting in 722 booths from 24 countries, including Thailand, on an exhibition area of ??27,000 square meters, covering 9 main categories including bakery and ice cream, cafes and bars. Business cleaning and laundry dining equipment furniture group kitchen equipment Food service,
technology and healthcare businesses with a special zone HoReCa World and it is expected that there will be no less than 20,000 buyers/business people visiting the event.’

Mr. Sanan Angubolkul, Chairman of the Thai Chamber of Commerce Revealing the readiness of Thai entrepreneurs to participate in product and service exhibitions. Including various technologies and innovations. ‘We believe that This event will help create new business opportunities for Thai entrepreneurs in the HoReCa industry, which has received a better response than expected. There were more than 120 Thai companies participating in 270 booths, ready to bring products with innovative production developments. creative design Products raised from wisdom Come join in pushing for soft power to create marketing channels internationally. We also invited a group of businessmen. Both hotel owners hotel manager Business owner, restaurant, cafe Both large and small, as well as chefs and catering businesses. including the network of the Thai Chamber o
f Commerce, such as businessmen from provincial chambers of commerce Foreign Chamber of Commerce in Thailand Various trade associations visited the event. To create business negotiations and create trading value. Including expanding Thailand’s economic growth further.’

Mr. Phusit Sasitharanon, Advisor to the Executive Board of Cologne Messe Thailand, added that ‘Based on the continued success of THAIFEX – ANUGA ASIA, collaborating to organize this event It is considered an expansion of the exhibition business to cover the hotel, restaurant and catering business segments. We have foreign exhibitors totaling 212 companies, 452 booths from 23 countries around the world. With countries in Europe, America and Asia participating in the exhibition. Focus on innovations that will help meet the needs of the modern HoReCa business, such as using AI to help enhance the work of chefs. Including telling stories about HoReCa business trends through product presentations in 6 trends, including Sustainability Showing respon
sibility and caring for the environment, Contactless, contactless system, Digital Guest Experience, creating experiences through a digital system, Plant Based Menu, food from plants, Food Waste Management, food waste management, and Energy Efficiency Solutions, technology to increase energy efficiency. Along with this, we have also invited Buy from over 500 major companies to visit the show and meet exhibitors in person.

In addition, the organizing committee also mentioned preparing many highlights and special activities at the event, such as the ASEAN Barista Team Championship, the Thailand Ultimate Housekeeping contest, product exhibitions in THAIFEX – HOREC Xperiential. Zone presents products and future trends of HoReCa, including educational seminars from real business gurus of the THAIFEX industry – HOREC Academy through workshop activities. Cooking demonstrations and many activities to provide knowledge and enjoyment every day throughout the event.

THAIFEX – HOREC ASIA 2024 will be held between 6 – 8
March 2024 from 10:00 a.m. – 6:00 p.m. at MPAC Exhibition Center, Buildings 9 – 12 at IMPACT Exhibition and Convention Center, Muang Thong Thani. Those interested can see details and register to attend in advance at www.thaifex-horec.asia .

Source: Thai News Agency

PM Points Out Problems Related to Chinese Goods


BANGKOK, Prime Minister and Finance Minister Srettha Thavisin points out three main issues in the case of Chinese goods flooding the Thai market.

The prime minister posted a message via X stating that there are currently at least three issues arising from the influx of Chinese goods into the Thai market, causing concern for Thai producers unable to compete on price.

These issues include false declaration through the Free Trade Zone, with prices lower than 1,500 baht to deliberately avoid value-added tax.

Another issue is the dumping of cheap Chinese-made goods in the Thai market through online sales and taking advantage of the Free Trade Zone specified for the benefit of customs duty in the operation of industrial activities, commerce, or other economic activities beneficial to the country .

The last one is smuggling of goods through customs checkpoints by falsifying information to avoid taxes.

These three issues have impacted entrepreneurs, manufacturers, and small-scale Thai traders who suffer from the
inability to compete on prices due to cheaper imported goods. Additionally, these products often lack quality certification from state agencies and face intellectual property rights violations, he said.

He added that hee received a proposal document from the Joint Private Sector Committee regarding strategies to address this issue and have instructed the permanent secretary for finance to immediately engage in discussions with the director-general of the Revenue Department and the director-general of Customs Department today.

At the very least, the immediate action should include the collection of value-added tax to prevent domestic businesses from being disadvantaged. Further discussions on other issues will be conducted to address the problem successfully in the future.

Source: Thai News Agency