The baht slid to the lowest level since March last week but some believe it will bounce back in coming months. The currency is poised to recover as an upsurge in Chinese tourists bolsters the nation’s finances, while any resolution to the political standoff that is dragging down Thai assets will likely lead to a relief […]
Read MoreThailand’s exports of cassava and cassava products are estimated at 9 million tonnes this year, down from 11 million tonnes last year, because of reduced output related to drought. Ronnarong Phoolpipat, director-general of the Foreign Trade Department, said there is high demand for tapioca and tapioca products from Thailand. Customers are willing to buy all […]
Read MoreDomestic sales of commercial cars and pickups slowed in May based on a variety of factors, ranging from stricter lending standards and weak purchasing power to political uncertainty, says Toyota Motor Thailand. The trend will likely continue in June as banks maintain tougher criteria for granting loans, attributed to the high rate of household debt and […]
Read MoreThailand has agreed to extend the work permit of nearly 40,000 Cambodian migrant workers, bringing relief to their families. Media reports from Thailand said yesterday that the Labour Department officials of both countries came to an agreement to facilitate the renewal of the work permits of the migrant workers. The workers will be allowed to […]
Read MoreDemand for Thai rice remains strong, with several governments such as Indonesia and Bangladesh expressing an interest in purchasing the grain through government-to-government (G2G) deals. Ronnarong Phoolpipat, director-general of the Foreign Trade Department, said Thai rice is in great demand in the global market, which could enable exports to exceed 8 million tonnes this year. […]
Read MoreBusinesses and investors from China should not miss the opportunity to invest in the Eastern Economic Corridor, which is set to become the country’s high-tech industry hub, said the chairman of Charoen Pokphand Group, Dhanin Chearavanont. He was referring to the government’s flagship project that spans Chachoengsao, Chon Buri and Rayong, which the government hopes will […]
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Thailand
