The baht opened at 33.34 to the US dollar on Thursday, strengthening from Wednesday’s close of 33.38. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.25 and 33.45 during the day. Poon said the baht might swing sideways and even strengthen as the currency market was open to more risks, […]
Read MoreThe cabinet on Tuesday approved lifting the borrowing limits for the state Oil Fund to allow for management flexibility, a move that offers the government more room to cope with surging fuel prices caused by the Russia-Ukraine conflict. According to Deputy Prime Minister Supattanapong Punmeechaow, the cabinet agreed to remove the borrowing limits set at […]
Read MoreA potential Commerce Department probe of solar imports from Southeast Asia has the potential to freeze investment in the United States, industry leaders warned on Tuesday. The agency is set to decide by Mar 25 whether to formally investigate whether solar products from Malaysia, Thailand, Vietnam and Cambodia circumvent longstanding solar tariffs. An investigation could […]
Read MoreThe Marine Department has decided to launch a study to determine the feasibility of constructing a cruise ship terminal on Koh Samui in Surat Thani province. In an attempt to gauge the private sector’s interest in the proposed cruise ship terminal project, the department launched a seminar in Bangkok on Tuesday. The seminar, chaired by […]
Read MoreHomebuilders are planning to adjust construction fees up 5-8 per cent in April following a rise in the prices of fuel and some raw materials due to the war in Ukraine, the Home Builder Association (HBA) announced on Tuesday. Homebuilders are shouldering the rising cost of raw materials, especially steel rods, which are now over […]
Read MoreThe baht opened at 33.52 to the US dollar on Wednesday, unchanged from Tuesday’s closing rate. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.45 and 33.65 during the day. Poon said investors were awaiting the results of a key US Federal Reserve meeting, so the baht might swing sideways […]
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Thailand
