Tag Archives: Ministry of Commerce

Senthil Nathan S, Director, EP (Services), Ministry of Commerce, mentioned that Commerce Secretary recently said that exports is merchandise contribute almost 60 per cent and more of our exports and services contribute to almost 37-40 per cent. “However, going forward, within the next decade by mid-2030s or so, services, given their momentum of growth and their inherent potential are going to outstrip the exports of merchandise. Within services exports, sectors like tourism and hospitality are going to do well because of their potential,” he said.

Arvind Singh, Secretary, Ministry of Tourism, has said that after considerable follow-up from all sides, even from Ministry of Commerce, the Department of Expenditure has said that they will release over Rs2,000 crore for SEIS in this financial year and a new budget has to be created. “The formalities have to be worked out, after which the amount will reach beneficiaries,” he shared.

The Thailand Convention and Exhibition Bureau (TCEB), in collaboration with Visa International (Thailand) Company Limited, Tourism Authority of Thailand (TAT), Thai Airways, Thai Smile Airways Company Limited, and Department of International Trade Promotion, Ministry of Commerce, has launched the Spice Up Thailand 2017 campaign for the fourth consecutive year. The campaign offers special privileges for MICE travelers, such as 10 per cent hotel discounts, 50 per cent discounts for car rentals and airport transfers, Bt500 cash coupons for shopping, 25 per cent restaurant discounts, and 50 per cent off golf course green fees. In addition, other hotel, shopping, dining, wellness, activity and transportation promotions have been made available.  In 2017, the Spice Up Thailand Campaign is working in alliance with registered organizations with more than 60 exhibitions in total. Nopparat Maythaveekulchai, President,  TCEB, said,  “Promoting MICE-related business through adopting an online marketing strategy has been a significant tool applied by TCEB, aimed to boost the domestic and international market of MICE travelers. Consistent with the government’s Digital Economy policy, this will drive the growth of Thailand’s MICE industry, while also supporting the overall economic growth of the country.” TCEB has developed the Spice Up Thailand campaign together with five partners in order to promote and create awareness of the MICE industry overseas, as well as delivering a first-class experience to MICE travelers; in turn,  help to increase spending and encourage MICE travelers to extend their stay in Thailand. The campaign has been carried out for the previous three years and is continuously developing in terms of adding new privileges for domestic MICE travelers, and targeting the MICE industry in Asia, specifically CLMV (Cambodia, Laos, Myanmar and Vietnam) countries. In the previous year, …