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Arkhom says 'nothing serious' as baht hits 37.78 per dollar, 16-year low
Published on 26/09/2022
» The Bank of Thailand (BoT) is closely monitoring the baht currency's weakness but there has been no big concern yet, the finance minister said on Monday, as the currency hit its lowest in 16 years against the dollar.
Bridging the gap
Business, Wichit Chantanusornsiri, Published on 26/09/2022
» Cross-border trade between Thailand and neighbouring countries is thriving, thanks in part to expanded infrastructure connectivity.
Keeping the scammers at bay
Business, Post Reporters, Published on 26/09/2022
» Authorities and regulators are stepping up efforts to prevent financial fraud, especially online scams, with measures ranging from plugging legal loopholes to the use of advanced technology.
Prawit walks back baht comments
Published on 22/09/2022
» Acting prime minister Prawit Wongsuwon, who earlier this week called for measures to halt the baht’s slide, said on Thursday the government won’t meddle with the central bank and how it handles the currency.
Weak baht takes centre stage
News, Published on 22/09/2022
» The Finance Ministry will hold talks with the Bank of Thailand to discuss and delve into the factors behind the weakening baht, said Finance Minister Arkhom Termpittayapaisith.
No end to the scams
Oped, Editorial, Published on 22/09/2022
» Those who expect the government and financial regulatory bodies to have quick and strong safeguards to protect wide-eyed investors from Ponzi schemes and hustlers: prepare for a letdown. The latest tit-for-tat this week among the ministries responsible suggests that people will have to wait for a solution, or simply just safeguard themselves.
Officials pile pressure on Bank of Thailand to shield baht
Published on 21/09/2022
» The Bank of Thailand (BoT) and the Finance Ministry will soon meet to discuss the baht after it tumbled to the lowest in nearly 16 years, signalling growing concerns among officials that the currency slump can threaten a tepid recovery and stoke inflation.
Sugary drink makers get tax reprieve
Business, Phusadee Arunmas, Published on 21/09/2022
» Manufacturers of sugary drinks have been given more time to adjust their recipes after the government pushed back the latest hike in the excise levy for another six months.
Acting PM Prawit asks Finance Ministry to monitor weak baht
Reuters, Published on 20/09/2022
» Acting Prime Minister Prawit Wongsuwan has asked the Finance Ministry to closely monitor the weak baht and its volatility and seek broad opinion to determine policies, a government official said on Tuesday.
Tax hike on sugary drinks postponed
Online Reporters, Published on 20/09/2022
» The cabinet has postponed the third-phase increase in excise tax on sugary beverages for six months, until March next year, to help combat the rising cost of living.