The baht opened at 32.81 to the US dollar on Monday, weakening from the previous closing of 32.76. The Thai currency is likely to move between 32.55 and 33.00 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to fluctuate while the dollar might […]
Read MoreThailand’s GDP is expected to grow by 1.2% by the end of this year after the country reopened to foreign visitors this month, Finance Minister Arkhom Termpittayapaisith said. Speaking at a seminar held by the Thai Chamber of Commerce yesterday, Mr Akrhom said the economy is predicted to grow by 1.1-1.2%, higher than an earlier […]
Read MoreRepresentatives from Thailand, Laos and China held a tripartite meeting via video conferencing on Friday to discuss the construction of a dual-track railway link between the three countries. Attending were Transport Ministry’s deputy permanent secretary Sorapong Paitoonphong and officials from other transport-related agencies like the Department of Rail Transport (DRT) and State Railway of Thailand […]
Read MoreThailand gross domestic product (GDP) is expected to rise by 3.5 per cent to 4.5 per cent next year on economic recovery, Finance Minister Arkhom Termpittayapaisith said during the Thai Chamber of Commerces seminar on Saturday. He predicted that Thailand GDP would rise by 1.2 per cent to 1.3 per cent this year in response […]
Read MoreCar exports in October grew by 14.3% year-on-year — the highest in seven months — to 81,577 units, impressing automakers with a chance to see exports rise to 870,000 units beyond the 2021 target, says the Federation of Thai Industries (FTI). However, domestic car sales in the same month decreased by 13% year-on-year to 64,462 […]
Read MoreThe economy is expected to grow by 1.5% this year boosted by the easing of Covid restriction measures and the country’s reopening, and 4.2% next year, according to the latest forecast by the University of the Thai Chamber of Commerce (UTCC). UTCC president Thanavath Phonvichai said on Thursday the country’s reopening is believed to help draw […]
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Thailand
