The number of air travellers using Suvarnabhumi airport more than doubled during the Songkran festival, an official said. Airport general manager Kittipong Kittikachorn said on Wednesday a total of 585,075 passengers used the country’s main airport from April 9-18, a 119% jump from the Thai New Year period last year. The official said an average […]
Read MoreThe baht opened at 33.81 to the US dollar on Thursday, weakening from Wednesday’s close of 33.76. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.75 and 33.90 during the day. Poon said the baht would swing sideways as it was pressured by dividend transactions and gold sales after investors […]
Read MoreThe Bank of Thailand’s (BOT) Monetary Policy Committee adjusted down its estimation of gross domestic product (GDP), stipulating that in 2022 the economy would expand by 3.2 per cent instead of its previous 3.4 per cent estimation. It also adjusted down its GDP expansion forecast for 2023 from 4.7 to 4.2 per cent. BOT director […]
Read MoreThe Commerce Ministry vows to continue supporting and promoting soft power development, especially through food, fruit, digital content, health and beauty as well products with a Thai identity or Thainess. Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department (DITP), reported on Tuesday the department under the Commerce Ministry has successfully promoted 1,878 entrepreneurs during […]
Read MoreThe country’s burden in terms of loan interest payments over the next five years will not exceed the international standard level, says Patricia Mongkhonvanit, director-general of the Public Debt Management Office (PDMO). Mrs Patricia said the office closely monitors the ratio of the interest burden to the country’s estimated annual revenue. She said the ratio […]
Read MoreThai sugarcane farmers may not benefit from higher global sugar prices as their production costs, including fertilisers and oil, are also on the rise amid the Russia-Ukraine war. Sugar prices on the world market have increased as Brazil, the world’s largest sugar producer, is using more sugarcane as a feedstock for ethanol manufacturing, said Narathip […]
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