As we go to press, we learn that Thailand's Commerce
Ministry is studying the country's export situation, the objective
being to stimulate Thai exports whenever possible. The Commerce
Ministry currently forecasts that Thailand's exports for the year
2015 will be 1 percent higher than in the previous year, or possibly
a little more.
Immediately following the Songkran holiday, the Commerce
Ministry plans to confer with the Thai Chamber of Commerce, the
Federation of Thai Industries, and the Industry Ministry, to evaluate
the export situation, and to purpose programmes to stimulate exports
in the months ahead.
Exports arse currently constrained by the lack of
economic grownth in markets abroad. This is the case with both
agricultural-based products, and with industrial products. The
lower petroleum prices have not so far delivered the economic
stimulus that had been earlier expected.
Thailand's gem and jewellery industry has in the
past proven itself versatile and caplble of meeting economic and
market challenges. The next few months promise to be very challenging
for the industry. However, executives in the Thai gem and jewellery
industry remain confident that the industry will be able to cope
with the situation as it unfolds.
Thai jewellery manufacturers have proven themselves
able to meet the widest of market demands, in terms of both styles
and price points. The Bangkok Gems & Jewelry Fair stands as
testimony to the vst range of products that are being supplied
by Thai manufacturers. The close and long-standing cooperation
between the private sector and the Thai Government, notably the
Commerce MInistry, demonstrate just how well the industry can
flourish, given the right stimulus.
The forthcoming 56th Bangkok Gems & Jewelry Fair
, being held in September next, offers a special oppotunity for
the Thai gem and jewellery industry to showcase its capabilities
and to promote jewellery exports. The Fair attracts serious buyers
from around the world. The Fair offers the widest range of gem
and jewellery products, ready to meet the demand from all the
world's markets, in terms of design and price.
As a critical time, when Thailand's exports need
extra stimulus, the Thai gem and jewellery industry is an example
of what can be done by a singlw industry.