As of June 11, foreign investors have reported net buying of bonds worth 52.1 billion baht, the first time in two years the group has been a net purchaser, attributed to attractive returns and low inflation supporting the stability of the baht. Net foreign purchases worth 30.7 billion baht were reported at the end of […]
Read MoreCar exports to Vietnam can expect to face non-tariff barriers after the country, the biggest importer within Asean of pickups and passenger cars from Thailand, prepares to enforce the new Euro 5 emission standard from Jan 1 next year. Manufacturers that cannot adjust to the stricter environmental standard stand to lose sales. The automotive club […]
Read MoreThe Thai Chamber of Commerce has proposed the government tweak laws and regulations that remain obstacles to ease of doing business, facilitating foreigners to stay longer in Thailand to help quickly revive the economy once Covid-19 infections ease. Sanan Angubolkul, the chamber’s chairman, said he held a discussion on the subject with Deputy Prime Minister […]
Read MoreThe baht opened at 31.08 to the US dollar on Monday, unchanged from its closing rate on Friday. The Thai currency is likely to move between 31.05 and 31.15 during the day and between 30.90 and 31.30 this week, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would tend to move […]
Read MoreThe Stock Exchange of Thailand (SET) Index rose by 1.22 points, or 0.07 per cent, to 1,637.78 on Monday morning. The volume of total transactions was THB16.73 billion with an index high of 1,642.80 and a low of 1,636.30. The SET Index closed at 1,636.56 on Friday, up 11.29 points or 0.69 per cent. Transactions […]
Read MoreMPs on Thursday voted 270-196 to allow the government to borrow 500 billion baht for various Covid-19 projects. About 300 billion baht will go towards relief schemes for people across various sectors, 30 billion baht on medical supplies, drugs, vaccines and research, and the rest for social and economic rehabilitation schemes. All loan contracts must […]
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Thailand
