The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half, says Finance Minister Apisak Tantivorawong. Mr Apisak pointed to two large foreign investments in Thailand in the […]
Read MoreTomorrow will mark the 50th anniversary of the Association of Southeast Asian Nations (Asean). There will be celebrations to mark the golden jubilee, with plenty of dignitaries on hand as the event coincides with ministerial meetings that started last Wednesday and conclude tomorrow. Manila is the host of the high-level talks including the Asean Regional Forum, […]
Read MoreJAKARTA, Aug 7 (Reuters) – Indonesia’s economy grew at the same pace in the second quarter as in 2017’s first period, below market expectations, statistics bureau data showed on Monday. Southeast Asia’s largest economy grew 5.01% in April-June from the same period last year, the bureau said, identical with the first quarter result. A Reuters […]
Read MoreThe strength of Thailand’s baht , now at more than two-year highs against the US dollar, will be short-lived and will not affect exports in the second half of the year, the finance minister said on Monday. The baht has been driven by foreign investments in Thailand and the country’s tradesurplus, Apisak Tantivorawong told reporters. “Competitiveness is still […]
Read MoreChutintorn Gongsakdi, Ambassador of Thailand to India, reflects on the first 50 years of Asean and the challenges of the future in a conversation with MK Aftab of Diplomatist magazine As one of the founding members of Asean, Thailand has played an important role in the first 50 years of its journey. What is your […]
Read MoreA local firm is to partner with a Thai manufacturer to bring the latest self-service vending machines to Cambodia as part of a franchise deal. Khmer Klean will work with Thai firm Pudcha to introduce the convenience machines across Phnom Penh initially and later throughout the country, the Khmer Times reported on Monday. Rozet El, board director […]
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