Showing 1 - 10 of 21
Baht volatility against the dollar exceeds regional peers
Business, Somruedi Banchongduang, Published on 10/09/2024
» The baht has been exhibiting a greater degree of volatility against the US dollar than its regional peers, mainly due to market expectations of a US policy rate cut and Thailand's gold imports.
Improved economic data in July
Business, Somruedi Banchongduang, Published on 31/08/2024
» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.
Singapore, Malaysia officials met to advance talks on Johor deal
Bloomberg News, Published on 30/08/2024
» KUALA LUMPUR - Officials from Singapore and Malaysia met to advance discussions on a special economic zone in Johor, the city-state’s Trade Ministry said in a statement Friday.
Central bank keeping tabs on baht movements
Published on 28/08/2024
» The Bank of Thailand is monitoring the movement of the baht as it strengthens against the US dollar, in line with several major regional currencies, influenced by both internal and external factors.
Baht set to rise against the dollar
Business, Somruedi Banchongduang, Published on 27/08/2024
» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.
Traders on sidelines awaiting signals from Fed chief
Business, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.
Baht faces volatility with US under pressure to cut rates
Business, Somruedi Banchongduang, Published on 07/08/2024
» The baht is expected to experience higher volatility and a weaker trend this week, pressured by uncertainties surrounding the US dollar and the Federal Reserve's monetary policy direction.
Exports tipped to grow 1-2%
Business, Phusadee Arunmas, Published on 07/08/2024
» The Thai National Shippers' Council (TNSC) expects the value of exports to expand by 1-2% this year.
Startup surge
Business, Suchit Leesa-nguansuk, Published on 05/08/2024
» Major venture capitalists are eyeing huge investment opportunities in startups with the focus on artificial intelligence (AI), transformative digital healthcare, and the emerging field of so-called pink technology.
Government and banks to discuss screening Myanmar deals
Published on 18/07/2024
» The government plans talks with Thai commercial banks about improved screening of transactions allegedly used for weapons purchases by the Myanmar junta, Foreign Minister Maris Sangiampongsa said on Thursday.