The baht opened at 33.64 to the US dollar on Monday, unchanged from the previous closing rate. The Thai currency is likely to move between 33.55 and 33.75 during the day and between 33.40 and 34.00, Krungthai Bank market strategist Poon Panichpibool predicted. Poon predicted that the dollar would drift sideways this week because investors […]
Read MoreThe government plans to introduce more measures to help small and medium-sized enterprises (SMEs) retain workers and create new jobs, with 46.9 billion baht to be allocated. According to government spokesman Thanakorn Wangboonkongchana, the Centre for Economic Situation Administration (CESA) on Thursday agreed with the job support measures in principle. The measures aim to help SMEs […]
Read MoreA 3-5% rise in smartphone prices is likely in the second half this year because of the baht’s depreciation and a supply shortage, though the market is projected to see double-digit growth this year, says IDC Thailand, a local unit of the global research firm. “The weaker baht and increased costs due to supply shortages […]
Read MoreCambodia is Thailand’s main food export market as compelled well-known Thai retailers such as 7-Eleven and Big C to expand their branches in Cambodia. According to the Bangkok Post on September 29, the main export markets related to food for Thailand are the United States, Japan, Cambodia and China. The country’s food exports are expected […]
Read MorePhuket expects to generate tens of billions of baht from 1 million foreign arrivals over the next six months, tourism authorities announced on Thursday as they outlined their reopening timetable. The Centre for Economic Situation Administration (CESA) approved on Thursday the Tourism Authority of Thailand’s (TAT) plan to promote Phuket as a world-class destination with […]
Read MoreMost executives of the Federation of Thai Industries (FTI) support the government’s plan to reopen the tourism industry between October and November and are demanding only necessary measures to prevent new Covid-19 infections. A total of 78% of 150 executives agreed with the reopening and lockdown easing plan in a survey conducted by the FTI […]
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