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GENERAL

Thailand pushes yuan, ringgit use to curb baht volatility

Bloomberg News, Published on 08/08/2023

» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.

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BUSINESS

Flight searches out of Hong Kong jump 290% with Bangkok top pick

Bloomberg News, Published on 11/08/2022

» Online searches for flights out of Hong Kong surged by 290% in the 24 hours after the government announced shorter hotel quarantine requirements on Monday, according to travel company Expedia Group.

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THAILAND

Bangkok ‘most at risk’ for spread: Virus update

Bloomberg News, Published on 03/02/2020

» China tried to come to grips with the expanding coronavirus outbreak, with the death toll climbing as residents returned from the Lunar New Year holidays.

BUSINESS

Baht rallies on inflows, current account

Bloomberg News, Published on 02/02/2015

» The baht climbed the most in two weeks after foreign funds pumped money into local stocks and the nation posted a record current-account surplus.

BUSINESS

Prasarn sees policy space to cut rate

Bloomberg News, Published on 20/02/2014

» SYDNEY — Thailand has scope to cut interest rates even as policy makers debate the effectiveness of lower borrowing costs on growth hurt by political unrest, central bank governor Prasarn Trairatvorakul said.

BUSINESS

Baht gains most in a month

Bloomberg News, Published on 08/05/2013

» Thailand's baht rose the most in a month amid easing concern policy makers will curb capital inflows that drove the currency to a 16-year high last month.

BUSINESS

Baht approaches a two-week low

Bloomberg News, Published on 04/04/2013

» Thailand’s baht dropped toward a two-week low on concern the central bank will seek to curb appreciation that threatens exports. Bonds advanced.

WORLD

BoT seeks extra yuan bond quota

Bloomberg News, Published on 07/03/2013

» Thailand's central bank aims to increase holdings of Chinese bonds and add overseas corporate debt to its US$179 billion of foreign-exchange reserves as it seeks to boost returns.

THAILAND

Baht rises, bonds decline

Bloomberg News, Published on 06/03/2013

» Thailand's baht rose for a second day as gains in United States equities and economic indicators boosted risk sentiment and brightened the outlook for Asian exports.

BUSINESS

Growth quickens on local demand

Bloomberg News, Published on 18/02/2013

» Thailand's economic growth accelerated in the fourth quarter on rising exports and local demand, reducing pressure on the central bank for further interest-rate cuts.