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Search Result for “dollar”

Showing 1 - 10 of 11,501

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GENERAL

Thai gold primed for record high

Business, Nareerat Wiriyapong, Published on 04/10/2024

» The domestic price of gold could hit 44,000 baht per baht weight, from 41,350 baht now, as tensions rise in the Middle East, the baht depreciates and the US Federal Reserve is expected to continue cutting interest rates, says the Gold Traders Association (GTA).

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GENERAL

Thailand's industry leaders seek discussions

Business, Lamonphet Apisitniran, Published on 03/10/2024

» The unsettled debate on an appropriate policy rate amid baht appreciation has led Thailand's Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to request a discussion with the Bank of Thailand, seeking an interest rate reduction.

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WORLD

Cambodia charges journalist who exposed scam centres

Published on 01/10/2024

» A Cambodian court on Tuesday charged an investigative reporter known for exposing corruption and human trafficking, and whose arrest drew concern from rights groups and the US government, with “inciting social unrest”, meaning he may face two years in prison.

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GENERAL

Central bank’s baht management insufficient, says minister

Published on 01/10/2024

» The Bank of Thailand is not doing enough to manage fluctuations in the baht, Deputy Finance Minister Paopoom Rojanasakul said on Tuesday, adding that the root cause was interest rates that are not aligned with the economy.

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GENERAL

Central bank intervenes in baht's exchange rate

Business, Somruedi Banchongduang, Published on 01/10/2024

» The Bank of Thailand has acknowledged its intervention in the value of the baht, citing it as a tool for managing the currency's strength against the US dollar.

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GENERAL

Strong Thai baht hitting exporters and tourism, says central bank

Published on 30/09/2024

» A rapid appreciation of the Thai baht is hitting exporters and tourism spending, the central bank said on Monday, adding that the currency was gaining due to a weak dollar in the face of stronger regional currencies like the Yuan and Yen.

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THAILAND

VitalLife Pioneers Wellness Revolution with Longevity Care

Published on 30/09/2024

» Today, people are increasingly concerned about their health and want to live longer. Longevity medicine plays a key role in meeting the demand driven by this global megatrend. Statistics show that people worldwide are living longer and want to stay healthy throughout old age. 

GENERAL

Asian rally continues in response to China stimulus

Business, Published on 28/09/2024

» RECAP: Stocks in Asia extended gains yesterday as risk appetite across financial markets got a further boost from a series of stimulus measures in China, where stock markets had their best week since 2008. A sharp fall in oil prices also bodes well for disinflation globally.

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GENERAL

Entering a new era

Business, Published on 28/09/2024

» As we enter the final quarter of 2024, we have arrived at a new perspective on the economy and investment outlook for the fourth quarter and into 2025, focusing on three main points:

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GENERAL

Call for action as baht sparks panic

Lamonphet Apisitniran, Published on 27/09/2024

» Serious efforts to address baht appreciation are needed as it is threatening to dampen the country’s key economic engines of exports and tourism, while businesses struggle with an unsettled domestic economy, says the Federation of Thai Industries (FTI).