The central bank left its key interest rate unchanged at a record low of 0.50% on Wednesday, as expected, preserving its limited ammunition as the economy struggles with a third wave of coronavirus infections. The latest outbreak has slowed domestic activity for the tourism-reliant economy at a time when it was preparing to reopen to […]
Read MoreThe annual headline consumer price index (CPI) in April rose for the first time in 14 months due to higher oil and food prices in addition to the ending of government subsidies on utilities, the commerce ministry said on Wednesday. The headline April CPI increased a more than expected 3.41% from a year earlier, also […]
Read MoreThe baht opened at 31.18 to the US dollar on Wednesday, weakening from its previous close of 31.14. The Thai currency is likely to move between 31.15 and 31.25 during the day and between 31.10 and 31.40 this week, Krungthai Bank market strategist Poon Panichpibool said. He said the baht tends to fluctuate according to […]
Read MoreEnergy authorities are preparing to extend the power discount period for households and businesses to reduce monthly expenses during the third wave due to work-from-home orders. The Energy Regulatory Commission (ERC) earlier this year approved a discounted electricity tariff from February to March as part of the state’s relief measures to help individuals and businesses […]
Read MoreThailand’s border and transit trade value increased by 19.3% year-on-year to 384 billion baht in the first quarter this year, driven mainly by trade with Malaysia and rising demand for Thai rubber. Transit trade refers to the transport of goods through more than one country. Of the total figures, exports from Thailand totalled 226 billion […]
Read MoreThe land price index in greater Bangkok recorded a quarterly drop in the first quarter this year for the first time since the index began in 2012 due to the impact of the pandemic, according to the Real Estate Information Center (REIC). Vichai Viratkapan, REIC’s acting director-general, said the quarterly decrease in the land price […]
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Thailand
