Global steel prices, which soared as a result of the Russia-Ukraine war, have declined following lower demand for steel in China and an increase in steel imports into Asia from Russia, says the Federation of Thai Industries (FTI). Price fluctuations have eased since June, with steel prices in the Asian market falling by 3.2-4.9% in June […]
Read MoreTHAILAND saw 3.78 million tourist arrivals from January to Aug 17, a government official said on Friday (Aug 19). The arrivals, mainly from Malaysia, India and Singapore, generated revenues of 176 billion baht (S$6.8 billion), said Taweesin Visanuyothin, a spokesperson for the government’s Covid-19 taskforce. Thailand will extend the duration of its visa-on-arrival, which applies […]
Read MoreThe baht opened at 35.66 to the US dollar on Friday, weakening from Thursday’s close of 35.62. The currency is expected to move between 35.55 and 35.75 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the currency will likely fluctuate and weaken as it has gone past the resistance level of […]
Read MoreTrinity Securities expects global inflation, including Thai inflation, to peak in the third quarter of this year while the country’s interest rate is set to rise by another 0.75% over the next 12 months to 1.5% in mid-2023. Visit Ongpipattanakul, managing director of Trinity Securities, said Thailand’s core inflation would potentially increase to 3% in August, […]
Read MoreIn 2030, the income of Vietnamese is expected to be equal to that of Malaysia in 2007. Experts calculate that if Vietnam tries its best, it can catch up with Thailand and Malaysia, but it will still be far behind China and South Korea. VietNamNet’s recent article “Income per capita in 2030 expected to be […]
Read MoreHolidays to South Korea have been thrown into upheaval after 67 Thai tourists filed complaints with the Tourism Department, urging tour operators to provide them with refunds of 1.4 million baht in total after entry into the country was denied. Jaturon Phakdeewanit, deputy director-general of the Tourism Department, said the complaints were under investigation. Only two holidaymakers […]
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