The economy is not overheating and authorities can control inflation rates, says Finance Minister Arkhom Termpittayapaisith. He said the pace of Thailand’s economic growth was accelerating, unlike in other countries, and he hopes the rebound in the tourism sector will propel the growth momentum. Mr Arkhom said inflationary pressure was not caused by the demand […]
Read MoreThailand’s headline inflation is expected to decelerate this month after growing during January and February. Wichanun Niwatjinda, deputy director-general of the Trade Policy and Strategy Office (TPSO), said the main contribution would be lower prices for fresh food and fuel as global market prices declined last year, in addition to a high price base in March. […]
Read MorePeople rushed to book hotels during the first day of the latest phase of the hotel subsidy programme, with 112,876 room nights reserved out of 560,000 available under the scheme within six hours. Tourism Authority of Thailand governor Yuthasak Supasorn said the value of transactions during the first six hours of availability on Tuesday reached 443 […]
Read MoreIf you’re planning to travel abroad, it’s important to consider the foreign exchange rate to manage your personal finances, especially as the baht is increasingly volatile against the US dollar. If you’re an importer or exporter and you don’t hedge against foreign exchange rates, your business may suffer from the baht’s fluctuations as the Thai currency has […]
Read MoreDespite a host of risk factors, including an uncertain global economy and relatively volatile energy prices, the national shipping group still hopes to stimulate export growth of 1-2% this year. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said yesterday there are several risk factors that could pose obstacles, particularly the international economy and […]
Read MoreThailand’s headline inflation dropped to its lowest rate in 13 months in February and came in below expectations, Commerce Ministry data showed on Tuesday, helped by easing energy and food prices. The headline consumer price index (CPI) rose 3.79% in February from a year earlier, compared with a forecast rise of 4.18% in a Reuters poll, […]
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