The national shippers’ council has raised its export growth forecast to 12% this year from 6-7% made in May and 3-4% in December, helped by the global economic recovery and a return of economic activities after a widened coverage of vaccinations among major trading partners. According to Chaichan Chareonsuk, chairman of the Thai National Shippers’ […]
Read MoreThe baht opened at 32.68 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.62. The Thai currency is likely to move between 32.60 and 32.75 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon feels the baht might be volatile during the day. Many foreigners are selling Thai assets […]
Read MoreState measures to lower the cost of living, a drop in prices for certain agricultural products and decelerating energy prices have prompted headline inflation, as gauged by the consumer price index (CPI), to contract in August for the first time in five months. According to the Commerce Ministry’s report yesterday, headline inflation dropped 0.02% year-on-year […]
Read MoreThailand’s exports are expected to rise 10-12% this year as the global economy recovers, but the country’s coronavirus outbreak remains a negative factor, the National Shippers’ Council said on Tuesday. In the third quarter, exports, a rare bright spot in the economy, are forecast to increase 8-10% from a year earlier, the group told a […]
Read MoreHua Hin’s reopening plan scheduled to begin on Oct 1 aims to attract tourists arriving by commercial flights and private jets via Hua Hin airport. Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said travellers can visit through the Hua Hin Recharge scheme by travelling non-stop in a vehicle from Suvarnabhumi airport or via a […]
Read MoreThe baht opened at 32.50 to the US dollar on Tuesday, weakening from Monday’s closing rate of 32.45. The Thai currency is likely to move between 32.40 and 32.55 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted that the baht would drift sideways in the short term. Investors are waiting for […]
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Thailand
