Volatility in the Thai baht has been in line with regional currencies, driven by external factors, the country’s shippers’ group quoted the Bank of Thailand (BoT) as saying, following a meeting with central bank officials. The volatility was difficult to avoid and hedging against currency risks would help reduce any impact on business operators, the Thai […]
Read MoreThailand’s external stability is sound with low foreign debt, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said. The central bank’s gradual and measured policy normalisation remained an appropriate approach, with inflation expected to return within the bank’s target range of 1% to 3% in the second […]
Read MoreThai exporters and importers are being advised to closely monitor the exchange rate and develop appropriate strategies to cope with the impact of short-term foreign exchange fluctuations. According to Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO), the office expects exporters to be affected by volatile exchange rates caused by the impact of […]
Read MoreGovernment Housing (GH) Bank plans to keep its mortgage interest rates steady until the middle of this year after a rate hike earlier this year, says president Chatchai Sirilai. The bank’s average interest rate is the minimum retail rate of 4.25% per year following an increase of 0.25 percentage points earlier this year. This rate […]
Read MoreBy the end of this year, 39% of global knowledge workers will be working hybrid, up from 37% in 2022, according to Gartner Inc. “Hybrid is no longer just an employee perk, but an employee expectation,” said Ranjit Atwal, senior director analyst at the technology market research group. “Many employees started to partially return to the […]
Read MoreChina’s economic growth and the preference among Chinese for Thai properties should make it a key driver for the Thai economy and property market, according to economic and property analysts. Kobsak Pootrakool, director and senior executive vice-president of Bangkok Bank, said the collapse of three American banks was just the beginning of a new crisis caused […]
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