The baht opened at 34.42 to the US dollar on Wednesday, strengthening from Tuesday’s close of 34.47. The currency is expected to move in a range between 34.35 and 34.55 on Wednesday, predicted Krungthai Bank market strategist Poon Panichpibool. Poon said the baht might fluctuate and weaken during the day, especially before and after a […]
Read MoreTHE Thai tourism sector will likely rebound as tourist arrivals accelerate amid relaxed entry rules and easing Covid-19 cases, analysts said. Maybank analyst Yuwanee Prommaporn upgraded its call on the sector to “positive” from “neutral”, as she expects the trend of rising tourist arrivals could continue until the year-end, with international arrivals reaching 1 million […]
Read MoreForeign investor confidence in Thai shares remained strong last month as the Thai bourse recorded net inflows of more than 139 billion baht for the sixth consecutive month. Foreign investors believe the Thai economy will suffer less of an impact from any food shortages and the tourism industry should revive in the second half, said Stock […]
Read MoreBusinesses adopted cost reduction, increased productivity, and emphasised environmental standards to cope with the pandemic and global challenges stemming from the Russia-Ukraine war, panellists told the Forbes Thailand 2022 Forum on Monday. Executives shared their insight at the event hosted by Forbes Thailand magazine as they prepare for the second half of the year. EXPECT THE UNEXPECTED Pawat […]
Read MoreThe law governing the reduction of the electric vehicle (EV) excise tax from 8% to 2% will take effect on June 9, according to the Excise Department. Department spokesman Nattakorn Utensut said the Council of State finished vetting the law and Finance Minister Arkhom Termpittayapaisith already signed it into law. The law will be published […]
Read MoreTour operators selling trips to Japan are opting for wholesale packages instead of individual sales to avoid risks during the early stages of tourism resumption, which comes with extra costs, says the Thai Travel Agents Association (TTAA). The number of Thai outbound tourists is expected to remain at 1 million this year, with more trips […]
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