BANGKOK (Bangkok Post) – 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 of the year, says Thailand’s Finance Minister Apisak Tantivorawong. Mr Apisak pointed to […]
Read MoreThe 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 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 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 […]
Read MoreLabour Minister Sirichai Distakul joined Asean ministers to sign the CLMVT (Cambodia, Laos, Myanmar, Vietnam and Thailand) Joint Declaration on Safe Migration to strengthen regional efforts to end decades of illegal labour in five Southeast Asian nations. The pact formed at last week’s ministerial meeting on labour affairs in Da Nang, Vietnam, affirms Thailand’s neighbouring nations’ […]
Read MoreBANGKOK] Thailand’s economy is expected to grow 3.5-3.6 per cent this year, driven by investment in infrastructure projects, the finance minister said on Friday. Government projects will also help attract private investment, Apisak Tantivorawong said at a business event. Growth in Southeast Asia’s second-largest economy, which clocked at 3.2 per cent in 2016, still lags […]
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