The baht opened at 33.15 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 33.14. The Thai currency is likely to move between 33.10 and 33.20 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon explained that the baht would continue to weaken due to the Covid-19 situation. Importers have […]
Read MoreThailand saw its fuel consumption decline by 1.7% to an average of 136 million litres per day during the first half of this year, largely attributed to the third wave of Covid-19, says the Department of Energy Business. Average fuel consumption stood at 138 million litres per day in the same period last year. Jet […]
Read MoreRestaurant operators are calling on the government to consult with them before deciding on new restrictions that affect their businesses. They said inconsistent government measures have made it difficult for restaurants to operate. In July, the government announced tighter restrictions because of surging Covid infections, banning dine-in services at restaurants in malls in dark red […]
Read MoreInvestor confidence has plunged to its lowest level in nine months and is now bearish amid concerns over Thailand’s worsening pandemic and economic contraction, according to a new survey. Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco), said the Investor Confidence Index (ICI) in July, which anticipates market conditions over the […]
Read MoreHealthcare and medical equipment stocks are set to remain the biggest beneficiaries of Thailand’s ongoing lockdown, while airlines continue to slump, according to a brokerage. At the end of last month the government extended restrictions for another 14 days, starting from yesterday, and surging Covid-19 cases prompted the SET Index to continue its decline. Mongkol […]
Read MoreThai exports could fall by as much as 300 billion baht between August and December if the number of industrial factories hit by Covid-19 doubles, according to a key shipping body. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said exporters are concerned about their prospects after Covid-19 infections have spread to at […]
Read More
Thailand
