The Rubber Authority of Thailand (RAOT) expects the rubber price in the second quarter to remain stable at Bt63 to Bt65 per kilo. However, the price would also depend on developments in the Ukraine-Russia conflict, RAOT governor Nakorn Tangavirapat told the Thansettakij news outlet. Athiwee Daengkanit, RAOT’s research and development director, said the price was […]
Read MoreThailand is financially stable despite the Covid-19 crisis and global economic woes, the government spokesman said on Sunday. Spokesman Thanakorn Wangboonkongchana said the country is economically strong even though the government has had to offer subsidies to ease the burden on citizens affected by the pandemic and global oil crisis. He added that the country’s […]
Read MoreThe Bank of Thailand has distributed new THB20 banknotes made of polymer aimed at preventing forgery, the BOT announced. The BOT has started using the new polymer THB20 banknotes since Thursday and the public can exchange the notes at all bank branches around the country. The BOT said the THB20 banknotes already in circulation can […]
Read MoreThailand’s exports beat expectations by growing 16.2% in February, driven by higher international demand on the back of global economic recovery and proactive trade promotions. More importantly, the Russia-Ukraine war has yet to affect Thailand’s international trade. The Commerce Ministry on Thursday reported customs-cleared exports fetched US$23.48 billion in February, with imports rising by 16.8% to […]
Read MoreThe business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank. Bank of Thailand assistant governor for financial institutions policy group Roong Mallikamas made the remark at a seminar on digital assets held by Prachachart Turakij newspaper on Thursday. […]
Read MoreMembers of the tripartite national wage committee are expected to meet later this year to consider a proposal calling for the government to increase the daily minimum wage rate in response to the increase in living costs in the kingdom, Labour Minister Suchart Chomklin said on Thursday. He was speaking during a press conference at […]
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