The baht is about to hit some turbulence — not only volatility from the March 24 election, but also a period of seasonal weakness that is fast approaching. The baht, Asia’s best-performing currency, has weakened in the second quarter for seven of the past 10 years, partly due to foreign repatriation of Thai dividend payments […]
Read MoreThe Federation of Thai Industries (FTI) has strongly opposed a sharp minimum wage hike, a campaign promise of many political parties, saying small and medium-sized enterprises (SMEs) will suffer the most from the policy as it will alter the market. The federation proposed its white paper to five political parties yesterday, requesting support for business operators […]
Read MoreAFTER AN extended period of holding the policy rate at 1.50 per cent, the Monetary Policy Committee (MPC) decided in December 2018 to raise the policy rate to 1.75 per cent. At the following meeting in February 2019, the committee voted to maintain the policy. Still, two members out of six voted to raise the […]
Read MoreCANADIAN and Thai trade negotiators believe the Kingdom can play a leading role in reforming the World Trade Organisation (WTO) to save it from complete collapse. However, one local economist disagrees, saying it is beyond the capacity of such a small country to save the WTO from a crisis in its multilateral trading system. Stephen […]
Read MoreThe State Enterprise Policy Office (Sepo) has said the Public-Private Partnership (PPP) committee, instead of Airports of Thailand (AoT), must have the final say on whether the concession for duty-free operations at four major airports comes under the PPP law. The move came after the AoT threw down the gauntlet on Monday, claiming that the controversial […]
Read MoreTHE organisers of Thaifex-World Food of Asia 2019, a Thai food exhibition, are looking for business opportunities with Lao firms in the food and beverage sector, so they can expand their markets in Thailand and overseas. With this vision in mind, representatives of the food fair have invited food and beverage companies as well as […]
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