Fifty-seven money changers closed their operations over the past year, while the volume of money exchanged plunged by over 600%, mainly due to the country’s suspension of cross-border travel amid the Covid-19 pandemic. According to data from the Bank of Thailand, as of May 2021, the total number of money exchange service providers was 2,334, […]
Read MoreThe jump in food delivery orders during the Covid-19 pandemic has caused the volume of plastic and infectious waste to spike, according to an environmental situation report presented to the cabinet on Tuesday. After the report was presented, deputy government spokeswoman, Traisuree Taisaranakul admitted the demand for meal deliveries had risen as more people were […]
Read MoreThe recent acceleration of vaccinations in parts of Asia could reduce the risk of setbacks to economic recovery and public finances associated with further waves of the Covid-19 pandemic, provided that the pace is sustained, says Fitch Ratings. The Covid-containment response of the Asia-Pacific region was a relative global outperformer in 2020, but in 2021 […]
Read MoreHANOI: Vietnam has imposed an anti-dumping levy of 47.64% on some sugar products from Thailand for five years to replace a temporary tax introduced in February, the country’s industry and trade ministry said on Wednesday. The decision comes after the ministry finished an anti-dumping investigation that started last September on behalf of the domestic industry. […]
Read MoreThe baht opened at 31.16 to the US dollar on Wednesday, weakening slightly from 31.15 at close on Tuesday. The Thai currency is likely to move between 31.10 and 31.20 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said the baht would move “sideways” while markets were awaiting the outcome of the […]
Read MoreThe government has vowed to tackle high household debt, incurred by credit card and personal loans, and offer measures to strengthen the competitiveness of local financial institutions in the long term. Prime Minister Prayut Chan-o-cha said on Tuesday that all related agencies. including the Bank of Thailand (BoT) are being ordered to accelerate addressing the […]
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Thailand
