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Thailand: New banknotes to debut on King’s birthday

The Bank of Thailand plans to launch a new series of banknotes, codenamed Series 17, on July 28 as part of the national celebrations for His Majesty the King’s 66th birthday, Bank of Thailand governor Veerathai Santiprabhob announced Tuesday.  The printing of the Series 17 notes has won approval from the King already and they will […]

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Thailand: Inflation rate revised up to 0.8-1.6%

The Commerce Ministry has revised the national inflation rate to 0.8-1.6% this year from 0.7-1.7% after headline prices rose for a 12th straight month in June.  The ministry’s revised forecast assumed a Dubai crude oil price in a range of US$60-70 per barrel, Thai economic growth of 4.2-4.7%, an exchange rate of 32-34 baht to […]

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Thailand: June inflation down slightly from May

Inflation rose by 1.38 per cent in June compared to the same month last year, but was down slightly from May’s 1.49 per cent, the Commerce Ministry reported on Monday. It ascribed the increase in June to a hike in energy prices but noted that the price of fresh foods dropped 1.75 per cent from […]

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Lao, Thai discussions advance ICT cooperation

Lao and Thai government representatives met in Vientiane on Friday to review and discuss the development of the information and communications technology (ICT) and digital innovation sectors. The issues were covered when Thailand Ambassador to the Lao PDR, Mr Kiattikhun Chartprasert visited Minister of Post and Telecommunications, Dr Thansamay Kommasith in the capital. The meeting […]

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Thailand: BOT boss warns against complacency

THAILAND can draw on the lessons learnt from the 1997 Asian financial crisis to cope with any upheavals that may emerge in the global economy, Bank of Thailand (BOT) governor Veerathai Santiprabhob said. Veerathai made the comment as he described the Thai economy as having sufficient stability to cope with external pressures. “Although the Thai […]

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