[BANGKOK] Thailand’s exports rose by a more than expected 16.2 per cent in February from a year earlier, the commerce minister said on Thursday. That compares with a forecast for a rise of 10.2 pet cent in February in a Reuters poll and after January’s 8 per cent increase. Imports increased 16.8 per cent year-on-year […]
Read MoreThe baht opened at 33.66 to the US dollar on Thursday, weakening from Wednesday’s close of 33.60. Krungthai Bank market strategist Poon Panichpibool expects the Thai currency to move between 33.55 and 33.75 during the day. Poon said the baht was likely to swing in a wide range and could test the resistance level of […]
Read MoreThai Chamber of Commerce (TCC) chairman Sanan Angubolkul urged the government to declare Covid-19 as endemic faster in a bid to draw more tourists to Thailand. He made the remark during a seminar organised by Thansettakij and Krungthep Turakij on Wednesday. Sanan said the chamber expected the price of crude oil this year to move […]
Read MoreTHAILAND is heading for a rare back-to-back current-account deficit as the outlook for tourist arrivals becomes less rosy with a flare-up in Covid cases globally and energy import bills ballooning amid soaring oil prices. The net oil importer may post a shortfall of US$4.6 billion this year, according to Bank of Ayudhya, which previously estimated […]
Read MoreWith water splashing events banned during Songkran for a third consecutive year, tourism operators face a challenge at the top two festival sites of Khao San Road and Chiang Mai as there is limited room to grow revenue amid soaring operational costs. The ban imposed by the Centre for Covid-19 Situation Administration (CCSA) last week […]
Read MoreThe Bank of Thailand (BoT) is planning new rules on investments in digital assets by subsidiaries of commercial banks, including allowing them to invest up to 3% of their capital in such businesses, an assistant governor said on Wednesday. The improved rules are expected to be introduced in the middle of this year and will […]
Read More
Thailand
