The price of cooking gas for household use will remain capped at 24.87 baht per kilogramme until the end of October, requiring a government subsidy of 7.87 baht per kg, the Energy Policy Administration Committee said on Thursday. The committee had earlier been expected to start raising the price of of liquefied petroleum gas (LPG) by […]
Read MoreThe Thai public expects to substantially increase its mobile usage over the coming years, more so than other Asian markets surveyed by Norwegian telecom giant Telenor. The result is shown in Telenor Asia’s “Digital Lives Decoded” study, which surveyed 8,227 mobile internet users aged over 18 in Bangladesh, Indonesia, Malaysia, Pakistan, the Philippines, Singapore, Thailand and […]
Read MoreThe Bank of Thailand (BoT) will raise interest rates gradually to curb inflation risks and ensure a smooth recovery as the economy is expected to return to pre-coronavirus-pandemic levels late this year or early next year, BoT governor Sethaput Suthiwartnarueput said. The Thai economy is expected to grow about 3% this year and 4% next year, […]
Read MoreDespite slower export growth in July, Thai shippers remain bullish that overall exports could rise by between 6-8% this year, helped by a weak baht and increased food shipments. However, Chaichan Charoensuk, chairman of the Thai National Shippers’ Council, said high global inflation, energy prices, freight rates and price volatility, as well as shortages of raw […]
Read MoreThe baht opened at 36.52 to the US dollar on Thursday, strengthening from Wednesday’s close of 36.70. The currency is expected to move between 36.40 and 36.70 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht was likely to be highly volatile, especially during forthcoming results of a key European […]
Read MoreThailand’s exports are still expected to rise between 6% to 8% this year, helped by a weak baht and increased food shipments amid global food insecurity, the national shippers’ group said on Tuesday. However, high global inflation, energy prices and freight rates remain key risks, Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, told a […]
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