Showing 1 - 7 of 7
Baht exchange rate in focus at talks next week
Wichit Chantanusornsiri, Published on 26/09/2024
» Keeping the baht exchange rate at an appropriate level will be among the key issues on the agenda when senior officials of the Ministry of Finance and the Bank of Thailand meet next week, says Deputy Finance Minister Paopoom Rojanasakul.
Arrests made after man beaten in crypto dispute
Wassayos Ngamkham, Published on 26/09/2024
» Nine Vietnamese men have been arrested in Bangkok on charges of illegally detaining a Thai woman and a Taiwanese man and physically assaulting the latter to force him to pay a debt of 1.7 million baht for the purchase of cryptocurrency.
Thai factory output falls in August
Reuters, Published on 26/09/2024
» Factory output in Thailand fell in August due to lower automobile production, higher energy prices and flooding in the North, according to the Ministry of Industry, which now says a full-year contraction is possible.
Thailand risks credit rating downgrade, opposition warns
Bloomberg News, Published on 26/09/2024
» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.
Dimmer prospects for China arrivals during Golden Week
Business, Molpasorn Shoowong, Published on 26/09/2024
» The flow of Chinese tourists during the Golden Week holiday next week might be weaker than expected as a strong baht and the mainland's sluggish economy limit tourist expenditure, while other foreign arrivals start to bargain for lower services prices.
Bank of Thailand keeping an eye on rising baht
Business, Somruedi Banchongduang, Published on 26/09/2024
» The Bank of Thailand insists it is committed to managing the baht's appreciation against the US dollar, with a view to easing its impact on the real economy.
BoT ought to revise exchange rate policy
Oped, Chartchai Parasuk, Published on 26/09/2024
» This is not the usual time slot for my article. My articles are usually published every other Thursday. The next one was for Oct 3. However, I feel that the "too strong" Thai baht requires immediate attention.