Gold trading in Thailand has been livelier when compared to global markets, YLG Bullion and Futures (YLG) said on Monday. Tipa Nawawattanasub, YLGs’ chief executive officer, said Thai investors had started buying back gold as it gained positive sentiment from a drop in global market prices and the strengthening of the baht, which brought the […]
Read MoreThe Bank of Thailand (BoT) is likely to slash its economic growth outlook for this year and next year as the country struggles with a rapidly spreading third wave of Covid-19 infections. The new outbreak, driven in part by the highly transmissible B.1.1.7 variant, has caused over 26,000 cases and 46 deaths in just 25 […]
Read MoreIt is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers’ indices and labour market indicators, show good signs of revival. Indeed, the International Monetary Fund this month revised upward its forecast for world economic expansion to 6.0% — […]
Read MoreThe Commerce Ministry plans to upgrade its export growth forecast to more than 4% after Thai export value in March recorded 8.47% growth, driven by intensive economic stimulus policies in trading countries, worldwide vaccinations and higher crude oil prices. Thai exports were above US$20 billion for two consecutive months, with value in March rising to […]
Read MoreThe Thai Exhibition Association (TEA) is planning measures to bring back vaccinated international exhibitors without quarantine requirements by the second half of the year, in line with the government’s reopening plans for leisure tourists. Pravit Sribanditmongkol, the newly elected president of TEA, said the association would like to launch an entry scheme for international exhibitors, […]
Read MoreOperating hours of shopping malls, supermarkets and convenience stores will be shortened further in 18 high-risk provinces in order to reduce the spread of Covid-19, the Thai Retailers Association (TRA) said on Saturday. In addition, 42 provinces have now made mask-wearing in public mandatory, while officials in Nonthaburi are asking — but not yet ordering […]
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