The government plans to sell up to 265 billion baht ($7.86 billion) of government bonds in the April-June period as part of debt management plans, according to the Finance Ministry. The baht-denominated bonds will be sold domestically. Source: https://www.bangkokpost.com/business/2287002/thailand-plans-to-sell-up-to-b265-govt-bonds-in-april-june
Read MoreThe baht opened at 33.79 to the US dollar on Tuesday, weakening from Monday’s close of 33.77 and continuing its six-week slide. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.65 and 33.90 during the day. Poon expected the baht to fluctuate in a wide range and test a new […]
Read MoreThe tourism index in the first quarter remains depressed, while the risk of more unemployment still clouds the outlook for the next quarter, mainly attributed to the Omicron variant and the Russia-Ukraine war, according to the Tourism Council of Thailand (TCT). “Tourism operators are still struggling to maintain business as the number of tourists has […]
Read MoreUS trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a blow to clean energy project developers that rely on cheap imports to keep costs down. The Commerce Department’s decision regarding imports from Malaysia, Thailand, Vietnam and Cambodia was a […]
Read MoreThe Laos-China railway has been used for the first time to carry Thai fruit to China, according to a report in Thailand’s The Nation on Monday. Two containers carrying 40 tonnes of durian and one container filled with 20 tonnes of coconuts from Rayong made their way to Thanaleng Station in Laos and entered China […]
Read MoreThailand’s economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the Russia-Ukraine war, and the key interest rate should remain low to underpin recovery, the finance minister said on Monday. Southeast Asia’s second-largest economy will, however, be supported by strong exports, which could grow 5%-6% this […]
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