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Thailand: Baht expected to weaken in short term

The baht opened at 31.43 to the US dollar on Thursday, strengthening slightly from Wednesday’s closing rate of 31.45. The Thai currency is likely to move between 31.40 and 31.50 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would weaken in the short term due to the market […]

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Cambodia Business Council launches in Bangkok

Cambodia on May 20 launched the Cambodia Business Council (CBC) in Bangkok to serve as a one-stop centre for business trade and investment, as well as cultural and tourism exchanges between Cambodia and Thailand. Initiated by the Cambodian embassy in Bangkok as the first of its kind, the CBC serves as a platform to enhance […]

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