Supajee Reports Ministry of Commerce 90-Day Performance

Matichon•Economy•2d ago

Reader Briefing

Deputy Prime Minister and Minister of Commerce Supajee Sutthampun announced the results of the Ministry of Commerce's 90-day performance from April to July 2026.

•Supajee Sutthampun reported progress on 5 main policies covering cost of living, agriculture, SMEs, exports, and technology.
•The Ministry of Commerce reduced the cost of living for citizens by over 818 million baht.
•Agricultural prices increased for palm oil (45%), cassava (79%), and rubber (30%).
•The Ministry of Commerce established 7 future missions for 2027 to drive growth and protect consumers, entrepreneurs, and farmers.

Overview

•Supajee Sutthampun announced the 90-day performance of the Ministry of Commerce on August 24, covering the period from April to July 2026.
•The Ministry of Commerce implemented measures to reduce the cost of living, including price reductions with malls and suppliers and 'Back to School' activities.
•The Ministry of Commerce reported that agricultural prices rose, with Jasmine rice exports increasing by 10.66% to 1,173 USD per ton.
•Between August 1-20, 2026, the number of legal entities at risk of being nominees decreased to 141 companies from 561 in the previous year.
•Total trade value for the first six months of 2026 was 425,227.7 million USD, an increase of 27.8%.
•The Ministry of Commerce launched 'MOC Plus' using AI Chatbots and AI assistants for legal entity and trademark registrations.
•Supajee Sutthampun expressed the most satisfaction with the agricultural sector due to visible results in produce care and price increases.
•Supajee Sutthampun outlined 7 missions for 2027, including accelerating FTA and ART negotiations and pushing 2026 exports to double-digit growth.

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Key Entities

Person

Supajee Sutthampun(ศุภจี สุธรรมพันธุ์)

Deputy Prime Minister and Minister of Commerce who announced the 90-day performance of the Ministry of Commerce.

Organization

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

The government ministry responsible for trade, cost of living, and agricultural price management.

NBK(นบข.)

A body that approved 5 measures for rice price care.

Ministry of Agriculture and Cooperatives(กระทรวงเกษตรและสหกรณ์)

The ministry responsible for proposing income compensation per rai to the NBK production subcommittee.

European Union(สหภาพยุโรป)ℹ️

An entity with which Thailand is negotiating a Free Trade Agreement (FTA).

Place

United States(สหรัฐ)ℹ️

A trade partner with whom Thailand is negotiating the ART and addressing Section 301 issues.

Policy

Thai Chuay Thai(ไทยช่วยไทย)

A project to create careers, expand SME distribution channels, and stimulate the economy.

MOC Plus

An AI-driven service system used by the Ministry of Commerce for chatbots and registration processing.

Law

Thailand-US Reciprocal Trade Agreement (ART)(ตกลงการค้าต่างตอบแทนระหว่างไทย-สหรัฐ)

A trade agreement being negotiated between Thailand and the United States.