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Search Result for “Foreign exchange”

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BUSINESS

THAI angles for a return to global glory

Business, Janine Phakdeetham, Published on 07/09/2022

» Troubled national carrier Thai Airways International (THAI) is aiming to make a comeback and reach a top 10 global ranking for airlines.

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BUSINESS

Taking a deep dive into the baht rebound

Business, Janine Phakdeetham, Published on 03/08/2022

» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.

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BUSINESS

Baht in spotlight after hitting 7-year low

Business, Janine Phakdeetham, Published on 13/07/2022

» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.

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BUSINESS

Explainer: Should we be concerned about the baht?

Business, Janine Phakdeetham, Published on 11/05/2022

» Thailand started off this week with the baht weakening to a five-year low of 34.62 against the greenback. While in line with other Asean currencies that have softened against the US dollar, the performance is worth monitoring because it serves as an indicator in the country's recovery.

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BUSINESS

Luring visitors and assisting the economy

Business, Janine Phakdeetham, Published on 23/03/2022

» In a bid to entice skilled foreign workers to move to Thailand and stimulate the economy, the state-owned Thailand Privilege Card (TPC) recently introduced new long-term visa perks that include a work permit. The novel programme is called Flexible Plus, which falls under the Elite Card scheme.

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BUSINESS

How will the war in Ukraine affect Thailand?

Business, Janine Phakdeetham, Published on 02/03/2022

» Russia's invasion of Ukraine on Feb 24 marks a major conflict that sent shockwaves through global stock and commodities markets. The action could affect tourism around the world, including in Thailand, which is still struggling to recover economically from the pandemic stress.