Showing 1 - 10 of 142
Rice to get costlier as supply threatened
Reuters, Published on 06/07/2023
» MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.
Baht at 7-month low on political uncertainty
Reuters, Published on 28/06/2023
» The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.
Exports drop 4.6% in May
Reuters, Published on 27/06/2023
» Thailand’s exports contracted less than expected in May, as higher industrial goods shipments and a weakening baht helped offset some of the impact of sluggish global demand, the Ministry of Commerce said on Tuesday.
Jan-May rice export volume up 27%
Reuters, Published on 23/06/2023
» Thailand's rice exports for January-May were at 3.47 million metric tonnes, up 26.6% from a year earlier, helped by higher global demand and a weaker baht currency, the Commerce Ministry said on Friday.
Economy strong despite weak exports, baht supportive - Finance Minister
Reuters, Published on 16/06/2023
» Thailand's economy remains strong, despite weaker shipments, though the weaker baht currency will be supportive of exports this year, Finance Minister Arkhom Termpittayapaisith said on Friday.
Exports seen rising up to 1% this year
Reuters, Published on 06/06/2023
» Thailand's exports are likely to be flat or rise up to 1% this year as global demand has slowed but a weak baht is providing support, the Thai shippers' council said on Tuesday.
Bank of Thailand to relax rules on use of yuan for trade
Reuters, Published on 11/05/2023
» The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday.
Apple in talks with suppliers to make MacBooks in Thailand
Reuters, Published on 13/04/2023
» TAIPEI: Apple Inc is in talks with suppliers to make MacBooks in Thailand as the company continues to expand its manufacturing footprint outside of China, according to reports on Thursday.
Asian currencies subdued as investors await Fed decision
Reuters, Published on 22/03/2023
» SYDNEY: Most Asian currencies were tepid on Wednesday, with the Philippine peso falling most, as investors await the conclusion of the Federal Reserve's (Fed) policy meeting for clarity on the future United States rate path.
Asian currencies, stocks fall on SVB contagion fears
Reuters, Published on 14/03/2023
» SINGAPORE: Most Asian currencies and equities lost ground on Tuesday as the United States banking sector crisis unnerved investors, although the Malaysian ringgit bucked the trend to climb higher.