Showing 1 - 10 of 38
Baht rises to strongest since March 2022 amid exporters worries
Bloomberg News, Published on 25/09/2024
» The baht gained to its strongest level in 30 months as Chinas stimulus boosted risk assets globally, adding pressure on the Bank of Thailand (BoT) to act to curb its rally.
Bank of Thailand stresses independence
Bloomberg News, Published on 20/09/2024
» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.
Thailand unveils new bill to regulate cannabis while keeping it legal
Bloomberg News, Published on 20/09/2024
» Thailand has proposed a new bill to regulate its cannabis industry and restrict marijuana uses to primarily health and medical purposes, the latest effort to rein in recreational smoking after several policy U-turns.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Thai scion bets US-China feud will ease Bangkok property glut
Bloomberg News, Published on 19/09/2024
» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.
PM picks Thaksin's loyalists as policy advisers
Bloomberg News, Published on 18/09/2024
» Prime Minister Paetongtarn Shinawatra has appointed a group of economic and legal experts as advisers after her administration pledged to tackle a raft of economic challenges facing the Southeast Asian nation.
Thailand to boost borrowing by 8% to $78 billion
Bloomberg News, Published on 17/09/2024
» The government plans to increase borrowing by 8% to about 2.6 trillion baht (US$78.2 billion) for the 2025 fiscal year starting on Oct 1, according to three market sources and a government presentation seen by Reuters.
Death toll surpasses 220 in Myanmar storm, worsening crisis in war-torn areas
Bloomberg News, Published on 17/09/2024
» NAYPYIDAW - Typhoon Yagi, the most powerful storm to hit Asia this year, killed at least 226 people in Myanmar and affected more than half a million more, adding another strain to the war-torn nation’s already limited resources.
Turbulence injures 7 on Scoot flight to China
Bloomberg News, Published on 07/09/2024
» SINGAPORE - Seven people were injured, with one hospitalised after a plane operated by Singapore Airlines Ltd's budget carrier Scoot encountered turbulence during a flight from the city state to Guangzhou in China on Friday, the Straits Times reported on Saturday.
World has hottest ever summer with Mediterranean hard hit
Bloomberg News, Published on 06/09/2024
» LONDON - This summer was the hottest ever in the Northern Hemisphere, putting the Earth on track for another record-breaking year.