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Cambodia-Thailand trade hit $3.1 billion in four months

The two-way trade between Cambodia and Thailand hit $3.1 billion in four months of this year, up 18.3 percent year-on-year, the Cambodian Embassy in Thailand said. Cambodia spent $2.4 billion on imports from Thailand, mostly machinery, electronics, fuel, construction materials, food, cosmetics and household appliances and earned $687 million from exports to the neighbouring country, […]

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Thailand: Businesses urge ease in lockdown

The business sector keeps urging the government to speed up easing the lockdown measures to allow firms to reopen, particularly those related to tourism and border trade, to help prop up employment. Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said the latest survey on business sentiment nationwide found operators […]

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Thailand: BCP expects to see 10% oil sales drop

Mostly state-owned energy firm Bangchak Corporation Plc (BCP) estimates its oil sales will decrease by 10% this year because of air travel restrictions, work-from-home measures and business shutdowns over the past three months. The decrease is a result of oil sale declines of 6% in March and 20% between April and May, with the trend […]

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Thailand: Foreign inflows drive baht past 31

The baht has surged past 31 per US dollar on the back of month-to-date net foreign inflows moving into local equities and bonds, a motion contrary to Thailand’s sputtering economic outlook. The local currency has strengthened by 2.7% against the dollar since the end of May, ranking third after Indonesia’s rupiah and South Korea’s won, […]

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