The baht’s continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise. The local currency, up more than 2% versus the US dollar in 2018, is now the second-best performer in Asia this year, trailing only the Malaysian ringgit. The baht’s strengthening has unsurprisingly […]
Read MoreSome 210 markers have been installed along the border between Laos and Thailand, covering most of the two countries’ 735km land border. This was reported at the 11th meeting of the Joint Border Committee, which took place on January 17-19 in Bangkok, Thailand. The meeting was co-chaired by Minister of Foreign Affairs Saleumxay Kommasith and […]
Read More[BANGKOK] Thailand’s customs-cleared annual exports rose for a tenth straight month in December, but at a slower pace than the previous month and below expectations, and posted its first trade deficit in five months. Exports, a key driver of Thailand’s growth, increased 8.6 per cent in December from a year earlier after jumping 13.4 per […]
Read MorePTT Group and RISE have launched the DNEXT programme to support the creation of a regional digital hub in the country in the near future. Chansin Treenuchagron, chief technology and engineering officer at PTT Group, said the corporation would focus on support and faciliฌtate startups in five countries – Singapore, Malaysia, Indonesia, Vietnam and Thailand […]
Read MoreCOMMERCIAL banks have expressed confidence that their financial results this year will show sustained growth after most of them announced increases in net profit last year. Ten banks reported that net earnings for 2017 totalled Bt175.21 billion, up 4.4 per cent from 2016. Results from the listed commercial banks that have reported on their performance […]
Read MoreThai companies wanting to raise public funds via Initial Coin Offerings (ICOs) using cryptocurrencies should be required to follow the strict rules and regulations on Initial Public Offerings (IPOs), currently applied to stocks and other financial instruments, said experts. The cryptocurrency hype in Thailand has stepped up following an announcement from listed Thai firm Jaymart’s […]
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