Thai ship­pers: trade war pause of­fers hope

The Phnom Penh Post - - BUSINESS -

THAI Na­tional Ship­pers’ Coun­cil has con­tin­ued to main­tain ex­port growth of eight per cent this year com­pared to last year as the US-China trade war shows signs of re­lax­ing, the coun­cil’s chair­per­son Ghanya­pad Tan­tip­i­pat­pong said on Tues­day. The fig­ures are based on the Thai baht at 33 per USD, she said, adding that the coun­cil also es­ti­mates ex­port growth of five per cent next year com­pared with this year, thanks to the trade war be­tween China and the US be­ing on hold for 90 days. “If they both can fi­nalise the ne­go­ti­a­tions and end the trade war, that will be bet­ter for the coun­try’s ex­ports in the next year,” she said.

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