The baht opened at 35.47 to the US dollar on Thursday, weakening from Wednesday’s close of 35.42. The currency is expected to move between 35.35 and 35.55 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht might fluctuate and weaken as the dollar strengthens and investors wait to purchase gold […]
Read MoreINVESTMENT applications in Thailand dropped by 42 per cent in the first half of 2022 compared to the same period last year, official data showed on Wednesday (Aug 17), led by a sharp fall in foreign projects as the global economy slowed. Foreign investments, which made up 60 per cent of the overall 220 billion […]
Read MoreKhao San Road could see night entertainment venues open until 4am after the government held talks with local businesses, as both sides try to maintain positive momentum for the upcoming high season. Tourism and Sports Minister Phiphat Ratchakitprakarn said his ministry discussed the matter with the Khao San Road Business Association on Wednesday, with more public […]
Read MoreThe new phase of the “Khon La Khrueng” co-payment scheme, scheduled to start next month, is expected to spark fresh competition in online food delivery services with leading market players Grab, Line Man Wongnai and Foodpanda rolling out campaigns to reduce their commission fee, known as gross profit (GP), throughout the duration of the programme. The fifth […]
Read MoreThai and foreign companies filed a total of 784 applications for investment promotion during the first six months of 2022, an increase of 4% from the same period last year, but the combined investment value dropped by 42% year-on-year to 219.7 billion baht. According to the Board of Investment (BoI), investment applications in target industries accounted […]
Read MoreTMB Thanachart Bank (ttb) plans to focus on refinancing mortgage loans due to higher demand for this product amid rising interest rates. Following the Bank of Thailand’s recent policy rate hike, prime lending rates are set to gradually increase. Demand for refinanced housing loans is expected to rise, so ttb will focus more on this area, […]
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