The ongoing pandemic will continue to hamstring the property market this year, keeping it reliant on local demand as foreign travel remains sluggish, according to property consultant CBRE Thailand. Managing director Roongrat Veeraparkkaroon said the recovery of the Thai economy last year was gradual, despite global economic growth, because the country’s GDP is heavily reliant […]
Read MoreThe first batch of 226 Cambodian migrant workers to be hired under a new memorandum of understanding (MoU) on labour cooperation between the Thai and Cambodian governments will arrive on Tuesday. The government signed an MoU with Cambodia, Laos and Myanmar last December to ensure a good balance between containing the spread of Covid-19 and […]
Read MoreThe baht opened at 33.30 to the US dollar on Friday, weakening from Thursday’s closing rate of 33.20. The Thai currency is likely to move between 33.20 and 33.40 during the day, Krungthai Bank market strategist Poon Panichpibool said, adding that low market sentiment prompting foreign investors to sell Thai stocks will make the baht […]
Read MoreTHAILAND’S gross domestic product (GDP) for the fourth quarter of 2021 is likely to contract 0.8 per cent year on year amid continued Covid-19 infections and the slow growth of tourism arrivals, UOB said in a report released on Thursday (Jan 27). Should the projection come to pass when Thailand announces its Q4 GDP data […]
Read MoreA transport company in Thailand has said it intends to resume bus services between Thailand and Laos next month. Thai media reports that The Transport Co., Ltd of Thailand plans to reopen bus services along thirteen routes between Thailand and Laos after being suspended for nearly two years due to the Covid-19 pandemic. President of The Transport Co., Ltd […]
Read MoreThailand’s central bank is expected to be the last in Southeast Asia to lift rates, leading to one of the steepest yield curves in the region as other nations brace for the first Federal Reserve hike since 2018. Shorter-duration Thai bonds remain buoyed by a dovish Bank of Thailand (BoT) policy that contrasts with an […]
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