Thai inflation in May is expected to rise in lockstep with energy prices, which remain at a high level compared with 2021, after the headline rate increased 4.65% year-on-year in April, according to the Commerce Ministry. Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said the main contributors to inflation in May will […]
Read MoreThe baht opened at 34.29 to the US dollar on Friday, dropping from Thursday’s close of 34.05. The currency is expected to move in a range between 34.20 and 34.40 on Thursday, according to Krungthai Bank market strategist Poon Panichpibool. Volatility in the currency market is still supporting the dollar and pressuring the baht, Poon […]
Read MoreThailand’s headline consumer price index (CPI) rose a slower-than-expected 4.65% in April from a year earlier, the Commerce Ministry said on Thursday. That compared with a forecast for a rise of 4.98% in a Reuters poll and following March’s 5.73% jump. The core CPI index was up 2.0% from a year earlier, in line with […]
Read MoreAfter the Thai government allowed the re-opening of the border with Cambodia from May 1, 2022, a number of associations and private companies in the tourism sector in Cambodia, Thailand, as well as Vietnam have cooperated to plan to boost the flow of tourists again. In early May, the Asia-Pacific Tourism Association (PATA) led by […]
Read MoreThailand is joining 53 member countries to propose the World Trade Organization (WTO) address export bans on food and agricultural products after members who are net food importers raised concerns about food shortages based on the pandemic and the Russia-Ukraine war. According to Trade Negotiations Department director-general Auramon Supthaweethum, many countries have imposed restrictions on […]
Read MoreHoteliers have mixed feelings about a new phase of the hotel subsidy scheme “We Travel Together” after the Tourism Authority of Thailand (TAT) suggested hotels could offer a 50% discount for an additional 1 million room nights. TAT governor Yuthasak Supasorn said cooperation from hotels was important to stimulate domestic trips without solely depending on a […]
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Thailand
