The baht opened at 35.75 to the US dollar on Monday, weakening from Friday’s close of 35.56. The Thai currency is expected to move between 35.65 and 35.85 against the greenback during the day and between 35.50 and 36 during the week, Krungthai market strategist Poon Panichpibool predicted. Poon said the baht will likely fluctuate […]
Read MoreSome business sectors are concerned about the effect of the Bank of Thailand’s anticipated interest rate hike on companies and the public, while related private and state organisations have vowed to do their best to mitigate the impact. The central bank’s Monetary Policy Committee (MPC) is scheduled to hold its next policy meeting on Aug 10, […]
Read MoreThailand’s rice exports in the first six months of this year surged 56.6 per cent to 3.50 million, bringing in 60.93 billion baht in revenue, or 42.9 per cent more year on year. “This is good news for Thai farmers,” Agriculture and Cooperatives Minister Chalermchai Sree-on said on Saturday, adding that this increase in export will […]
Read MoreThe Bangkok Metropolitan Administration (BMA) is planning to fully collect land and building taxes on land used for agricultural purposes after landlords and property owners allegedly exploited tax cuts to avoid higher taxes, a source said. Under current regulations, land plots used for agricultural purposes are subject to a land tax of 0.01-0.1%, depending on their […]
Read MoreBangkok Commercial Asset Management Public Company Limited (BAM) selects over 2,000 properties nationwide for sale at special prices. Bundit Anantamongkol, BAM Chief Executive Officer said that in the second half of 2022, BAM continued to focus on E-Commerce marketing strategies. In response to today’s digital lifestyle, BAM has organized the campaign “BAM NPA in Online […]
Read MoreThe continuing rise in energy prices which have raised production costs for manufacturers and the prices of goods has prompted the Commerce Ministry to upgrade the forecast for headline inflation in 2022 to a range of 5.5-6.5% (averaging 6%) from the 4-5% range (averaging 4.5%) projected in March. The new projection was based on an assumption […]
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