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Major creditors support Italian-Thai Development

News, Somruedi Banchongduang, Published on 18/04/2024

» Major creditors have agreed to infuse fresh liquidity into cash-strapped Italian-Thai Development (ITD) Plc, to support the company's business operations without requiring a rehabilitation plan.

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GENERAL

Baht tipped to slide as US Fed delays rate cuts

News, Somruedi Banchongduang, Published on 12/04/2024

» The baht is poised to experience significant pressure, potentially reaching 37 baht per United States dollar next week, as a result of better-than-expected economic data from the US coupled with the US Federal Reserve's decision to hold off on interest rate cuts.