The baht opened at 32.63 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 32.60. The Thai currency is likely to move between 32.60 and 32.70 during the day, Krungthai Bank market strategist Poon Panichpibool said Just like yesterday, he said, foreign investors decided to sell their Thai assets due to uncertainty […]
Read MoreThe Bank of Thailand (BoT)’s view is that the government’s latest lockdown measures will lead to higher downside risks for the Thai economy amid the spread of the Delta variant of Covid-19, which is fuelling the latest wave of infections. The government’s new round of tighter lockdown measures and travel curbs reflect a higher downside […]
Read MoreThe Transport Ministry has approved four trial projects proposed by the Department of Highways under its Motorways-Rail Map (MR-Map) interprovincial network. The approval came during a zoom meeting on Monday, Transport Minister Saksayam Chidchob said yesterday. He said the ministry meeting was attended by Chayathan Promsorn, permanent-secretary for transport and senior executives from various departments […]
Read MoreTotal government savings bonds worth 50 billion baht have already sold out after their launch early this month, said Patricia Mongkhonvanit, director-general of the Public Debt Management Office (PDMO). She said the bonds are attractive to elderly investors, who like to invest in the asset, which does not have too long or too short a […]
Read MoreThe cabinet has approved a 42-billion-baht package of financial assistance for people and businesses affected by the government’s partial Covid-19 lockdown, currently implemented in Bangkok and nine other provinces to contain the coronavirus outbreak. Of the 42 billion baht required to finance this new compensation programme, 30 billion baht will come from the government’s loan […]
Read MoreThe Samui Plus scheme is anticipating soft demand due to a surge in daily cases and delays in the Certificate of Entry (COE) registration process, while travel agents want to see clear regulations before launching marketing plans. Ratchaporn Poolsawadee, president of the Tourism Association of Koh Samui, said the programme needs one to two months […]
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