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Thailand: Confidence sinks to 7-month low

The consumer confidence index (CCI) fell for the third straight month to the lowest in seven months in July as recent flooding and persistent poor farm prices caused rising concerns over weak purchasing power and economic uncertainty.  University of Thai Chamber of Commerce vice-president for research Thanavath Phonvichai said the July consumer confidence index declined to […]

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Thailand: Stronger baht seen as fleeting

BANGKOK (Bangkok Post) – The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half of the year, says Thailand’s Finance Minister Apisak Tantivorawong. Mr Apisak pointed to […]

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Thailand: Stronger baht seen as fleeting

The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half, says Finance Minister Apisak Tantivorawong.  Mr Apisak pointed to two large foreign investments in Thailand in the […]

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Asean and the new cold war

Tomorrow will mark the 50th anniversary of the Association of Southeast Asian Nations (Asean). There will be celebrations to mark the golden jubilee, with plenty of dignitaries on hand as the event coincides with ministerial meetings that started last Wednesday and conclude tomorrow.  Manila is the host of the high-level talks including the Asean Regional Forum, […]

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