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Search Result for “baht”

Showing 81 - 90 of 10,000

BUSINESS

Baht boosted by foreign investors

Business, Wichit Chantanusornsiri, Published on 12/01/2023

» The stronger baht is the result of foreign investors' confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith.

BUSINESS

Baht hits high-value products

Business, Phusadee Arunmas, Published on 06/02/2023

» High-value industrial products with few imported raw materials such as rubber products, canned and processed seafood, gems and jewellery are expected to be the hardest hit as the baht strengthens, according to the planning unit of the Commerce Ministry.

BUSINESS

Baht dip aids export stocks

Business, Nuntawun Polkuamdee, Published on 17/02/2023

» The rapid depreciation of the baht has helped stocks in the export sector, say analysts, warning the currency is under pressure to slide further, resulting in continued outflows from the Thai stock market.

BUSINESS

Baht declines amid volatile markets

Business, Published on 28/02/2023

» The baht fell to less than 35 against the US dollar on Monday and recorded its lowest level for two months, after being the most volatile currency traded in the region this year.

BUSINESS

Baht volatility 'difficult to avoid'

Reuters, Published on 17/03/2023

» Volatility in the Thai baht has been in line with regional currencies, driven by external factors, the country's shippers' group quoted the Bank of Thailand (BoT) as saying, following a meeting with central bank officials.

BUSINESS

Baht all safe and sound

Business, Wichit Chantanusornsiri, Published on 24/04/2023

» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.

BUSINESS

Krungsri upbeat on digital baht

Business, Somruedi Banchongduang, Published on 12/06/2023

» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.

THAILAND

Weak baht 'not all bad'

News, Post Reporters, Published on 04/10/2023

» The weak baht is benefiting Thailand's exports and tourism despite its negative impact on the price of imported energy, Prime Minister Srettha Thavisin said yesterday.

BUSINESS

Baht hits two-month high

Business, Nareerat Wiriyapong, Published on 07/11/2023

» The baht traded at a two-month high on Monday and is expected to remain strong until year-end as the market considers whether the Federal Reserve might cut interest rates sooner than previously forecast in 2024, say analysts.

THAILAND

Government defends 20-baht fares

Mongkol Bangprapa, Published on 04/01/2024

» The government has defended its plan to cap electric train fares at 20 per trip, currently in effect on the Red and Purple Lines, saying revenues from the two lines are increasing amid a rise in passengers.