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Search Result for “baht”

Showing 1 - 10 of 393

BUSINESS

Bangchak buys Chevron’s HK unit as Thai firm expands in Asia

Bloomberg News, Published on 13/02/2026

» Bangchak Corp will acquire Chevron’s Hong Kong fuel business for US$270 million as the Thai energy company accelerates its overseas expansion, it said.

BUSINESS

Thailand sees annual foreign tourist arrivals slow to 33 million

Bloomberg News, Published on 02/01/2026

» Thailand, famed for its beaches and relaxing vibes, saw its first decline in tourist arrivals in years in 2025, as holidaymakers’ confidence was rattled by a series of events that rocked the nation.

BUSINESS

Gold sets 50th daily record this year on rate-cut bets and risk

Bloomberg News, Published on 23/12/2025

» NEW YORK — Gold rose to a record high — the 50th day it has done so this year — on escalating geopolitical tensions and prospects for more US rate cuts. Silver also set an all-time peak.

BUSINESS

Thai baht at 4-year high ahead of rate decision

Bloomberg News, Published on 15/12/2025

» The baht has climbed to its highest rate against the US dollar in more than four years, heaping pressure on the central bank to stem the rally ahead of its policy decision this week. 

BUSINESS

Thailand’s deflation streak and deadly floods pile pressure on rate cut

Bloomberg News, Published on 03/12/2025

» Thailand’s consumer prices fell for the eighth straight month, heightening pressure on the central bank to cut its policy rate for a fourth time this year.

BUSINESS

Thailand posts biggest trade deficit since 2023 as imports surge

Bloomberg News, Published on 25/11/2025

» Thailand posted its widest trade deficit since early 2023, with a surge in imports of capital goods and raw materials from China, even as exports lost momentum after US buyers frontloaded purchases to beat higher tariffs.

THAILAND

New Thai alcohol rules put drinkers on the hook for fines

Bloomberg News, Published on 08/11/2025

» People in Thailand wanting to quench their thirst with an afternoon tipple risk steep fines from Saturday under amended alcohol control legislation that strengthens enforcement and significantly tightens restrictions around marketing and advertising.

BUSINESS

Thai woes deepen as central bank warns of Q3 GDP contraction

Bloomberg News, Published on 22/10/2025

» The Bank of Thailand (BoT) warned the tariff-hit country is suffering a deeper-than-expected downturn, with the economy having likely posted its first quarterly contraction since the end of 2022.

BUSINESS

Weak Thai tourism set to crimp baht year-end rally, analysts say

Bloomberg News, Published on 21/10/2025

» The Thai baht’s traditional year-end rally will be dimmed as Chinese tourists continue to shun the country and traders bet on interest rate cuts, according to analysts.

BUSINESS

Gold tops $4,000 for first time, fuelled by US shutdown

Bloomberg News, Published on 08/10/2025

» LONDON - Spot gold has smashed through $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally.