Thai Finance minister hails lowered US tariffs as reflection of close ties

13 Sept 06:48 Key points summarised by AI

Thai Finance Minister Pichai Chunhavajira welcomed the US decision to reduce tariffs on Thai goods from 36% to 19%, interpreting it as a reflection of strong bilateral ties.
This tariff reduction is anticipated to enhance Thailand's global market competitiveness, strengthen investor confidence, and foster economic expansion.
The government acknowledges the ongoing responsibility to support small and medium-sized enterprises (SMEs) and farmers, who may face increased competition from US imports, by developing measures like soft loans and subsidies.
The 19% tariff, now in effect, marks a significant achievement for Thailand's negotiating team, aligning its tariff rate with several other ASEAN nations.

Lamphun in a New Light

Today 15:02 Key points summarised by AI

Lamphun illuminates its ancient city with two concurrent light festivals: the high-tech VIJIT Thailand @ LAMPHUN and the traditional Hundred Thousand Lantern Festival.
VIJIT Thailand @ LAMPHUN transforms historic landmarks into an outdoor gallery, using projections and multimedia to animate Lamphun's history, including Queen Chamadevi's story.
The Hundred Thousand Lantern Festival, part of Yi Peng, fills temples and streets with countless traditional lanterns, symbolizing Buddhist devotion and personal wishes.
These festivals offer a unique after-dark experience, blending contemporary light art with centuries-old Lanna traditions, connecting visitors to Lamphun's past and faith.