The Bank of Thailand (BoT) expects high headline inflation to be short term and will not pressure monetary policy and the economic recovery. Headline inflation has been rising, mainly due to higher global energy prices, and it is expected to further increase next month, according to the central bank. The BoT maintains its existing assessment […]
Read MoreThailand’s Bangchak Corporation Public Company Limited (BCP) has sought investment opportunities in Cambodia, mainly in the oil and energy sectors. The information was made known yesterday at a working dinner between Cambodian Ambassador to Thailand Ouk Sorphorn and Ittikhun Sihsobhon, BCP’s Senior Vice-President Corporate Marketing and Lubricant Business, during which the two sides discussed investment […]
Read MoreThe Royal Embassy of Cambodia in Thailand is promoting the Economic Diplomacy Strategy on trade, investment, tourism, and culture to lure Thai investments to Cambodia. In a study-visit to Wangnamyen Dairy Co-Operative Ltd. earier this week, Ouk Sorphorn, Cambodian Ambassador to Thailand, informed the Company’s chairman Amnuay Tongkok of the Embassy’s efforts in the implementation […]
Read MoreThai leisure travellers will continue to discover domestic destinations through 2022 as shorter, safer trips become the preferred mode of post-Covid travel, according to a new survey by the global payments leader Visa. The Visa Voice of the Consumer research study found that over half (51%) of Thai respondents are likely to take a leisure […]
Read MoreThe baht opened at 32.87 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 32.75. The Thai currency is likely to move between 32.70 and 32.90 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might fluctuate but could be strengthened by gold […]
Read MoreThailand’s Monetary Policy Committee (MPC) on Wednesday unanimously voted to maintain the policy rate at 0.5 per cent, MPC secretary Piti Disyatat said. He added that the decision was based on the fact that the Thai economy had bottomed out in the third quarter of this year and entered recovery phase following the relaxation of […]
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