Thailand is mulling cutting pig exports after PM Prayut Chan-o-cha urged action to combat the rising price of pork. The price of fresh pork has risen to 200 baht per kilogram after the New Year break. The pig farming industry predicts it will likely increase to 300 baht/kg soon. On Wednesday, the government said the […]
Read More[KANCHANABURI, Thailand] Trekking through dense jungle and mountainous terrain at night to avoid arrest, one couple from Myanmar endured a gruelling journey to Thailand – grasping for an economic lifeline as jobs dry up in their coup-hit home. Myo Chit and his wife are among thousands of migrants who have made the crossing in recent […]
Read MoreThe baht opened at 33.26 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 33.20. The Thai currency is likely to move between 33.15 and 33.35 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that investors are speculating the US economic data. The market expected […]
Read MoreThailand’s outbreak of the Omicron coronavirus variant could have a larger and more prolonged impact than expected on an economic recovery, according to minutes of the central bank’s last policy meeting released on Wednesday. Although, under the baseline scenario, the Omicron outbreak would not derail the overall Thai economic recovery, the outbreak situation remained highly […]
Read MoreGDP growth in the Thai industrial sector is estimated at 2.5-3.5% in 2022, a drop from 3-4% last year, due to a mix of factors, including the impact of the Omicron Covid-19 variant currently spreading across continents, says the Office of Industrial Economics (OIE). Other factors are the prolonged semiconductor shortage, which will affect key […]
Read MoreAt a time when the need to guard against cyber threats is more urgent than ever, 52% of the cybersecurity technology used by companies in Thailand is considered not up to the task, say tech professionals surveyed by Cisco Systems. The findings are part of the multinational networking equipment company’s global survey, “Security Outcomes Study […]
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