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Search Result for “exchange rate”

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BUSINESS

Baht may fall to 35 per dollar if war persists

Business, Somruedi Banchongduang, Published on 20/03/2026

» The baht is expected to weaken to 34-35 to the US dollar if the Middle East conflict drags on for two months, pushing oil prices above US$100 per barrel, according to Kasikorn Research Center (K-Research).

THAILAND

Stricter checks for 5-million-baht withdrawals from April 1

Online Reporters, Published on 19/03/2026

» Financial institutions in Thailand will designate any cash withdrawal of 5 million baht or more in a single day as a high‑risk transaction from April 1, 2026, with customers required to provide clear explanations and supporting documents on the source and purpose of the funds.

THAILAND

NHA showcases housing projects at 49th House and Condo Show

Published on 19/03/2026

» ​The National Housing Authority (NHA) presented a wide array of quality, affordable housing projects at the "49th House and Condo Show" in Bangkok on March 19, 2026. Under the concept of promoting housing stability for Thai citizens, the NHA introduced special promotions to celebrate its 53rd anniversary.

THAILAND

A Timeless Culinary Voyage: basil Celebrates 30 Years with Blue Elephant

Published on 19/03/2026

» Bangkok, Thailand — To mark three decades of culinary excellence, basil at Sheraton Grande Sukhumvit, a Luxury Collection Hotel, presents an extraordinary one-night dinner titled “Bangkok: A Timeless Culinary Voyage – From Royal Heritage to Modern Bangkok”. Created in collaboration with Blue Elephant, the event takes place on March 27 and is priced at 2,800++ baht per person.

BUSINESS

Rising costs pressure rice, water markets

Business, KUAKUL MORNKUMKOMSAN TORTERMVASANASOMHATAI MOSIKA, Published on 19/03/2026

» Producers of bagged rice and bottled mineral water have said they will maintain current prices until the end of April, with any future price changes dependent on developments in the Middle East.

PROPERTY

Sluggish demand pauses condo launches

Kanana Katharangsiporn, Published on 19/03/2026

» Despite declines in new launches and inventory in Bangkok, condo developers are likely to delay new supply this year as sales remain sluggish and absorption rates continue to fall, according to the Real Estate Information Center (REIC).

BUSINESS

Analysts warn of war's impact on sector

Business, Nareerat Wiriyapong, Published on 19/03/2026

» Thai banks risk realising negative impacts from the US-Israeli military strikes on Iran, especially if oil prices remain above US$100 per barrel, potentially forcing them to set aside extra provisions or expected credit losses for management overlay from the conflicts, say analysts.

WORLD

US Fed holds rates unchanged over 'uncertain' Iran war implications

AFP, Published on 19/03/2026

» WASHINGTON (UNITED STATES) - The US Federal Reserve kept interest rates unchanged as expected Wednesday, in defiance of President Donald Trump as the world's largest economy battles stubborn inflation, weak labor demand and an "uncertain" economic outlook due to the war in Iran.

BUSINESS

XCL Education enters Thailand’s Eastern Economic Corridor with Mooltripakdee partnership 

Published on 18/03/2026

» SINGAPORE — XCL Education ("XCL"), one of Southeast Asia's leading K-12 education platforms, has entered a strategic partnership with Mooltripakdee International School (MIS) in Chon Buri province, Thailand — marking a decisive entry into the Eastern Economic Corridor (EEC), one of the region's rapidly developing economic zones. 

THAILAND

PTTEP to Launch AAA-Rated USD & THB Debentures

Published on 18/03/2026

» Bangkok, 18 March 2026 – PTTEP plans to issue new debentures in two currencies: Digital USD Debentures, marking Asia’s first fully digital USD-denominated debenture offering for retail investors via the Pao Tang application, and THB Debentures tailored for institutional and high-net-worth investors. The issuance aims to broaden investment opportunities in a company with strong and sustainable growth potential, underscored by the highest “AAA” credit rating from TRIS Rating. The debentures are expected to be offered by the second quarter of 2026.