Showing 1 - 7 of 7
BoT sounds alarm on baht speculation
Business, Somruedi Banchongduang, Published on 18/01/2018
» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
Economy back on track
Business, Published on 17/01/2018
» Rising overseas demand for goods and services pushed Thailand's GDP to a five-year high in 2017, with business-friendly fiscal policies and planned spending on infrastructure expected to support further expansion in 2018.
SCBT forecasts 4.3% GDP growth for 2018
Business, Somruedi Banchongduang, Published on 17/01/2018
» Thailand's economic growth outlook is expected to remain bright this year, with a 4.3% forecast attributed to improvement in manufacturing, services, and agricultural sectors, says Standard Chartered Bank Thai (SCBT).
Philip Morris bets on a smoke-free future
Business, Published on 16/01/2018
» Philip Morris International is switching its strategy to emphasise its heat-not-burn tobacco products, which, according to studies submitted to the US Food and Drug Administration, contain less harmful agents than traditional cigarettes.
Private sector warming to wage hike
Business, Published on 10/01/2018
» Businesses have agreed on a planned minimum wage hike, details of which are to be settled by mid-month, but they argue that the increase should not be imposed at the same rate nationwide.
Rising baht puts BoT on its toes
Business, Published on 25/04/2017
» Nervousness that the US Treasury will add Thailand to its list of countries to be monitored for currency market manipulations could compel the Bank of Thailand to hold off from intervening in the foreign exchange market and seek other measures to curb the baht’s rapid gain. The central bank’s tapering of its short-dated bond sales has had a small impact in stemming the influx of capital, a main reason for the appreciation of the baht.
Vietnam's rice shipments climbing on lower prices
Bloomberg News, Published on 10/03/2015
» HANOI – Rice exports from Vietnam, the world’s third-largest shipper, will probably rebound this year as lower prices boost demand, while competition with Thailand keeps the gain to single digits, according to the government.