Thailand is a world leader in terms of the proportion of the country’s internet users who own cryptocurrencies, engage in online purchases and buy groceries online, according to the Digital 2022 Global Overview Report. Published by Datareportal in partnership with social media management platform Hootsuite and global agency WeAreSocial, the report indicated 20.1% of Thailand’s […]
Read MoreThe baht opened at 32.72 to the US dollar on Thursday, strengthening from Wednesday’s close of 32.77, the highest in two months. The Thai currency is likely to move between 32.70 and 32.90 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht strengthened more than expected as foreign investors bought […]
Read MoreThe Federation of Thai Industries (FTI) is concerned about the energy price situation and has asked the government to cut utility bills and cap the diesel price at less than 30 baht per litre to prevent inflation. FTI chairman Suphan Mongkolsuthree said on Wednesday that operators were facing pressure from increasing manufacturing costs in both […]
Read MoreThe Federation of Thai Industries (FTI) recently expressed concerns that global oil prices may continue to surge, reaching US$100 a barrel this year. High fuel prices could negatively affect many sectors across the pandemic-battered economy. Why are Thai fuel prices on the rise? The first factor causing soaring fuel prices in Thailand stems from the […]
Read MoreThe Bank of Thailand (BoT) left its key interest rate unchanged at a record low on Wednesday, seeking to maintain support for a fragile recovery in the economy amid efforts to revive the country’s battered tourism sector and rising risks from inflation that has breached its target range. The BoT’s Monetary Policy Committee unanimously voted […]
Read MoreA group of Thai shippers expects the country’s exports to see year-on-year growth of 5% in the first quarter, helped by the global economic recovery. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, said exports in January are likely to remain robust, with values expected to stay around US$22 billion. “We’re confident the first […]
Read More
Thailand
