Exporters are estimated to lose as much as 500 billion baht worth of income from the strong baht this year, with small-scale entrepreneurs hit the hardest. According to Visit Limlurcha, vice-chairman of the Thai National Shippers’ Council, exporters have lost about 200 billion baht worth of income from the impact of the strong baht in […]
Read MoreIn attempts to exert some pressure on the Thai Baht control levers, the Bank of Thailand says it’s scaling back the auction size of short-term bonds. The actions are an attempt to curb the rapid surge of the Thai Baht which hit a six-year high last Monday. The central bank has announced that the reduction […]
Read MorePlease note: This is just ONE website’s predictions of the currencies in the future. It should not be taken as a serious representation of the state of the world currencies in 2022. Trying to find a few good numbers amid the bad we thought we’d look forward three years to some of the world’s major currencies […]
Read MoreThe Mall Group, that runs some of Bangkok’s leading shopping centres, including Bluport in Hua Hin, will charge customers for plastic bags from July 3. The initiative is to mark International Plastic Bag Free Day which falls on July 3. They are the first Thai retail company to take the bold step. Customers will be encouraged not […]
Read MoreThailand’s largest convenience-store operator CP All Plc released a report to the Stock Exchange of Thailand (SET) on Monday on its negotiations for a Master Franchise agreement in relation to the establishment and operation of 7-Eleven stores in Cambodia and the Lao People’s Democratic Republic. The company said the contractual parties are in the process […]
Read MoreThe Commerce Ministry has lowered its annual inflation forecast to a range of 0.7-1.3% this year from 0.7-1.7% because of lower energy prices, a stronger baht and dim export prospects. According to Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office under the Commerce Ministry, the new forecast was made on the assumption that […]
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