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Thailand: Government optimistic on cross-border prospects

The government is more upbeat about the country’s cross-border trade prospects this year after overall cross-border trade, including transit trade, recorded healthy growth of 31.2% in the first eight months. According to Commerce Minister Jurin Laksanawisit, overall cross-border trade including transit trade tallied 1.11 trillion baht from January to August. Transit trade involves the passage […]

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Thailand: Baht strengthens shortly amid risk factors

The baht opened at 33.65 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.82. The Thai currency is likely to move between 33.60 and 33.80 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen on Thursday after the Bank of Thailand signalled the […]

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