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THAILAND

Outdated laws hinder growth

Published on 24/06/2024

» Thailand's economy has become sluggish and can't be salvaged by simply injecting money through programmes such as the government's 500-billion-baht digital money handout scheme, which will likely help stimulate the economy in only one or two quarters, according to former prime minister Abhisit Vejjajiva.

THAILAND

Baht set for best weekly rally in year

Bloomberg News, Published on 18/01/2013

» Thailand's baht was poised for its biggest weekly advance since December 2011, and government bonds rose, as global funds increased holdings of assets that offer higher yields.