The baht hit its lowest point in a month, opening at 33.05 to the US dollar, down from Monday’s closing rate of 33.15. The Thai currency is likely to move between 33.25 and 33.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon predicted that the baht would drift sideways. A factor that […]
Read MoreThe cabinet on Monday approved a draft decree to regulate digital platform service businesses to maintain financial and commercial stability and to prevent damage to the public, government spokesman Thanakorn Wangboonkongchana said. Such businesses, both in and outside of Thailand, will need to notify the government before operating, he said in a statement. The law […]
Read MoreThe Bureau of the Royal Household announced on Tuesday that it will open the Grand Palace and the Emerald Buddha Temple to visitors from November 1 onward. The announcement on the website www.royaloffice.th stated that the bureau will employ Covid-19 preventive measures to ensure the safety of all visitors and staffers, whereas everyone must wear […]
Read MoreThe only countries in Southeast Asia that have started opening their international borders to non-essential travel in a significant way are Singapore and Thailand, although Cambodia may soon do so too. Singapore has opened up to more than 10 countries with low coronavirus infection and high vaccination rates, most of which have reciprocated. But the […]
Read MoreThe Excise Department has the authority to not approve cigarette importers from setting the product at an unusually low retail price, according to a department source. The source added that under the current tax structure for cigarettes, which took effect on October 1, retail prices of cigarettes are expected to increase. The current two-tier structure […]
Read MoreDespite the escalating trend, the increase in the land price index in Greater Bangkok in the third quarter remained lower than the five-year average during the pre-Covid period, according to the Real Estate Information Center (REIC). Acting director-general Vichai Viratkapan said the quarterly rise in land price index in Greater Bangkok was only 0.5% in […]
Read More
Thailand
