The government will continue to use tax measures to subsidise high energy prices throughout this year, with the aim of easing the high cost of living, Finance Minister Arkhom Termpittayapaisith said on Wednesday. Mr Arkhom was opening Bangkok Post Forum 2022 “Thailand Ready: Moving onto the Next Chapter” on Wednesday. Speakers discussed the political, economic and social […]
Read MoreThe economy is expected to grow 3% to 3.5% this year, with a slow but steady recovery as the crucial tourism sector picks up and exports remain good, Finance Minister Arkhom Termpittayapaisith told a business forum on Wednesday. The number of foreign tourists should reach 8 million to 10 million this year as Covid-19 restrictions were […]
Read MoreThailand recorded a current account deficit of $4.1 billion in July after a deficit of copy.9 billion the previous month, the Bank of Thailand said on Wednesday. Exports, a key driver of growth, rose 3.4% in July from a year ago, with imports up 25.3% year-on-year and a trade deficit of $0.4 billion, it said. […]
Read MoreCNA – Thailand and Vietnam have agreed to cooperate in raising the price of rice in the global market, a Thai agricultural official said yesterday, following months of talks aimed in part at improving rural incomes. “This is the first time Thailand and Vietnam have agreed to cooperate in lifting the price of rice in […]
Read MoreSaudi Arabia has agreed to help Thailand push for a free trade agreement (FTA) with members of the Gulf Cooperation Council, according to Commerce Minister Jurin Laksanawisit on Monday. Speaking after a meeting with Saudi Arabia’s Minister of Commerce Majid bin Abdullah al-Kassabi in Riyadh, Mr Jurin said Saudi Arabia has accepted all proposals floated by […]
Read MoreThe baht opened at 36.33 to the US dollar on Tuesday, strengthening from Monday’s close of 36.41. The currency is expected to move between 36.25 and 36.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the Thai currency is swinging in a wide range and may weaken if the dollar strengthens. […]
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