The Bank of Thailand felt that a spike in long-term government bond yields had only a limited impact on the economy when it decided to keep its key rate at a record low last month, meeting minutes showed on Wednesday. Long-term Thai bond yields moved in line with long-term US Treasury yields, the minutes said. Over the […]
Read MoreCambodia’s riel has remained relatively stable during the pandemic, despite the havoc wreaked on its economy from the loss in tourism and manufacturing jobs. Last week, Bloomberg named Thailand’s baht as Asia’s worst-performing currency. Tourism dollars contributed more than 62 percent to Thailand’s current account surplus in 2020 but after six years in the black, […]
Read MoreThailand’s benchmark SET Index of stocks dropped as much as 1.4% as Prime Minister Prayut Chan-o-cha said he’s concerned about a new wave of Covid-19 infections sweeping the nation’s capital and hinted at fresh control measures to stem the outbreak that’s already forced the closure of dozens of nightlife entertainment venues. Gen Prayut chose to […]
Read MoreThe Bangkok Metropolitan Administration (BMA) is ensuring that entertainment venues and restaurants in the province are strictly following regulations on opening and closing hours to curb Covid-19 from spreading further after a new cluster of cases was found relating to entertainment venues earlier this week. Bangkok Governor Aswin Kwanmuang announced on Monday the closure of […]
Read MoreSony Pictures Entertainment has teamed up with Thailand’s Amazon Falls to set up an amusement park based on productions from its Columbia Pictures studio, in the Southeast Asian country, the companies said on Tuesday. The 14-acre Columbia Pictures’ theme and water park, Aquaverse, will be open for public from October and feature rides and attractions […]
Read MoreThe government is mulling the establishment of a Southern Border Economic Corridor (SBEC), spanning the southern border provinces of Pattani, Yala, Narathiwat, along with four districts of Songkhla province — Chana, Na Thawi, Saba Yoi and Thepha — to ensure greater efficacy in terms of development plans for the region. Bordin Rassameethes, acting deputy secretary-general […]
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