Thailand remains top rice exporter to HK

18.07.2016

Thailand is still the top rice exporter to Hong Kong after claiming a 59.5 per cent market share in the first four months of the year.

That was followed by followed by Vietnam with 27.7 per cent and China with 4.8 per cent, according to the latest report by the Commerce Ministry's Department of International Trade Promotion.

In April, Hong Kong imported 30,497 tonnes of rice globally, up 39 per cent on the same period last year. Fragrant rice imports amounted to 29,065 tonnes, up by 38.6 per cent, of which 17,196 tonnes was imported from Thailand, a 59 per cent increase on the 10,828 tonnes from the same period in 2015.

Thailand accounted for 59.6 per cent of Hong Kong's fragrant rice imports, followed by Vietnam at 28.5 per cent, Commerce Minister Apiradee Tantraporn said.

TOT expects Bt11.25 bn loss

TOT expects its revenue reach Bt51.5 billion this year for a loss of Bt11.25 billion, according to the management report presented to the board late last week.

TOT posted a loss of Bt6.572 billion during the first five months of the year, an increase of Bt212 million year on year, due to a decline in service revenue of 7 per cent year-on-year to Bt10.336 billion. During that period, its fixed telephone service made revenue of Bt923 million, while its international Internet gateway service made Bt119 million. Its mobile phone service suffered a loss of Bt3.64 billion and its Internet data centre and cloud service lost Bt129 million.

SCG AD CAMPAIGN

Siam Cement Group has launched a new communications campaign to outline the company's business journey in Myanmar and reaffirm its long-term commitment towards the country's development. The "Drawing the Future" campaign started with its first locally produced TV commercial which details the company's association with Myanmar since 1994.

Attapong Sathitmanotham, country director for SCG in Myanmar, said: "The campaign is a celebration of all we experienced alongside its people, and the bright future we see ahead."


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