Thailand’s decision on whether to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is becoming clearer, as Foreign Minister Don Pramudwinai is expected to submit a letter of intent soon for the country to apply to join the pact to the cabinet for its approval. According to a source from the International Economic […]
Read MoreCryptocurrencies have given rise to a new set of challenges for the Securities and Exchange Commission (SEC) as the recent price surge has lured numerous new investors to the market and spurred the trading value to 6.6 billion baht per day. The regulator has warned cryptocurrencies are highly volatile at about 30-100%, so investors must […]
Read MorePrime Minister Prayut Chan-o-cha says Thailand will open the country to visitors from 46 countries instead of only 10 Covid-19 low-risk countries announced earlier, starting from Nov 1. He did not name the countries in the post on his Facebook page on Thursday evening, but wrote it was now necessary to speed up the opening. “If we […]
Read MoreThe prime minister has ordered an end to the curfew in 17 provinces, including Bangkok, from Oct 31 to support the reopening of the country to fully vaccinated foreign tourists on Nov 1. The order, signed by Gen Prayut Chan-o-cha, was published in the Royal Gazette late on Thursday night. It said the Covid-19 situation in the […]
Read MoreForeign investors have been heavily speculating on the baht as Thailand’s twin deficits this year have pressured the local currency to weaken. Offshore investors, especially from the US, have been buying two Asian currencies, the baht and South Korea’s won. Foreign investors expect the local currency to further depreciate compared with the dollar, due to […]
Read MoreKUALA LUMPUR, Oct 21 — Consumer appetite is set to rebound next year with household spending expected to grow by some 5.1 per cent after two years of contraction as the coronavirus kept people indoors, Fitch Solutions predicted. Total consumer spending fell to RM855 billion over 2021, 5.4 per cent lower than the RM905 billion […]
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