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Thailand: Consumer prices drop again

Consumer prices, which gauge the country’s inflation rate, dipped for a second straight month in June, mainly due to lower oil prices and baht gains. The drop led the government to cut its inflation forecast yesterday to 0.7-1.7% this year from a previous projection of 1.5 -2.2%.  According to the Commerce Ministry’s data, the consumer price […]

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Cambodia embassy calls for calm as workers flee Thailand

The Cambodian embassy in Thailand has called on illegal workers not to leave Thailand as officials attempt to negotiate a deal to allow migrants to stay in their jobs. A crackdown on illegal workers in Thailand has frightened many migrants, with thousands returning home following the announcement of the new executive decree on foreign labourers last week. According to a letter […]

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Thailand: Gold prices down 200 baht

The Gold Traders Association on Tuesday morning announced buying prices at 19,298.68 baht per baht-weight for gold ornaments and 19,650.00 baht per baht-weight for gold bar.  Selling prices were set at 20,250.00 baht per baht-weight for gold ornaments, and 19,750.00 baht per baht weight for gold bar.  This means gold prices are down 200 baht […]

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