The central bank said on Monday there was high uncertainty facing the economy and monetary policy would remain accommodative to support a recovery from the country’s most prolonged outbreak of the coronavirus. The Bank of Thailand (BoT) has forecast economic growth of 0.7% this year, bottoming out in the third quarter and growing 3.9% in […]
Read MoreThe baht opened at 33.42 to the US dollar on Monday, weakening from the previous closing rate of 33.32. The Thai currency is likely to move between 33.10 and 33.60 during the day and between 33.30 and 33.50, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen with the investment […]
Read MoreThe value of Thailand’s e-commerce is expected to grow 6.1% to 4 trillion baht this year, crucially driven by businesses that are sharpening their focus on the business-to-customer (B2C) model in the wake of the pandemic, according to the Electronic Transactions Development Agency (ETDA). The ETDA indicated that the direct-to-customer (DTC) approach is now a […]
Read MoreA Center for Covid-19 Situation Administration (CCSA) meeting on Thursday agreed to reopen 15 more provinces to foreign tourists between November 1 and 30, spokesman Dr Taweesilp Visanuyothin announced. However, certain measures for entering the kingdom may still strictly be in effect, such as requiring every tourist to be fully vaccinated and taking a RT-PCR […]
Read MoreThe baht opened at 33.18 to the US dollar on Friday, unchanged from Thursday’s closing rate. The Thai currency is likely to move between 33.10 and 33.30 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is strengthening because foreign investors are investing in Thai stocks especially stocks relating […]
Read MoreThailand has fallen two places to 80th out of 139 countries for the rule of law, which has been deteriorating worldwide amid the ongoing coronavirus pandemic, according to the World Justice Project (WJP). The areas of greatest decline globally include constraints on government powers, civic space, timeliness of justice and absence of discrimination, the organisation […]
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Thailand
