Growing global niche market seen for Thai cocoa and chocolate products

14 Sept 01:55 Key points summarised by AI

Thai cocoa and chocolate products are poised for significant growth in a global niche market, driven by demand for high-value, environmentally friendly, and health-focused offerings.
The global market for cocoa and chocolate is projected to expand robustly, from $55.8 billion in 2025 to $86.5 billion by 2034, with Thai exports already demonstrating a strong 27.4% increase last year.
Thailand's cocoa production saw a substantial 40% rise last year, reaching over 3,100 tonnes of raw beans, supporting its export potential.
Key opportunities lie in premium, sustainable, and health-oriented products, including those with GI status, and unique Thai craft chocolates featuring local ingredients like rice milk and herbs.
Promising export destinations for these distinctive Thai products include major economies like China, Japan, the United States, Europe, and neighboring ASEAN countries.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.