The current committee of the Thai Rubber Association has been in charge of the operation since 2022. The operation of the committee is based upon the following principles: 1) to operate on the principle of transparency and good governance; 2) to corporate with government agencies and private sector both at local and international level; 3) to cherish close relationships with other rubber producing countries, particularly in Asia; 4) to act as an interme...
Nowadays, Africa has become a new interesting export market and an attractive foreign direct investment destination amid the slowing economies of mature markets, namely the USA, EU, and Japan. Exporters resort to Africa as a new market with a high potential return and the second largest market after Asia. Africa bordered Europe and Asia with an approximate area of 3,029.92 billion hectares, consisting of a plateau covering about 2 in 3 of the total area...
Natural Rubber output has decreased due to heavy rains in many areas and flooding in some areas. Even though the container shortage issue starts to improve as well as the freight rate, there are other risk factors such as Pestalotiopsis leaf fall disease and the prolonged Russia-Ukraine war. These factors affect energy and commodity prices and the volatility of the global financial markets. Furthermore, trade partners' economies slowed down. Inflation a...
Nowadays, digital technology is a significant thing that many people pay attention to, including global businesses, because every leading organization knows that digital technology is one of the important keys to business operations and industry competition in this era. We are probably familiar with the term "Artificial Intelligence" or "AI." It refers to the processing systems of computers, robots, machines, or electronic devices with in-depth analysis...
The Thai Rubber Association (TRA) has followed up on the progress of the EU Regulation on Deforestation-Free Products. TRA found that the regulation will apply to the companies in the EU (27 countries) that use or import products that might be related to deforestation based on scientific evidence. The regulation covers various commodities, such as cattle, wood, palm oil, soy, coffee, cocoa, and some processed commodities, such as leather, furniture, and...
