Thailand worries about weakening baht World

Thailand worries about weakening baht

The Ministry of Finance will hold talks with the Bank of Thailand to discuss and delve into the factors behind the weakening baht, Minister of Finance Arkhom Termpittayapaisith has said.
Thailand: weaker baht helps exports World

Thailand: weaker baht helps exports

The weaker baht is expected to boost the Thai economy and increase real GDP of the country by 0.4 percent, but not all manufacturers will reap the benefits, according to the Industry Ministry of Thailand.
Thai baht performs worst in Southeast Asia World

Thai baht performs worst in Southeast Asia

The Thai baht was the worst performer among commonly traded Southeast Asian currencies during the first quarter of 2021, the Nikkei Asia Review cited Refinitiv, a global provider of financial market data and infrastructure.
Thailand’s rice exports remain gloomy this year World

Thailand’s rice exports remain gloomy this year

Thailand’s rice exports are expected to recover slightly from an estimated 5.8 million tonnes in 2020, which was the lowest in 20 years due to weak global purchasing power caused by the COVID-19 pandemic, a container shortage and the strong baht.
Thailand to launch 1-baht savings bonds World

Thailand to launch 1-baht savings bonds

Thailand is planning to sell 200 million THB (6.4 million USD) worth of savings bonds at an unprecedented face value of 1 THB each through the blockchain-based e-wallet system of Krungthai Bank (KTB).
Thailand: 5,000 baht aid applications exceed 13 million World

Thailand: 5,000 baht aid applications exceed 13 million

Registration for 5,000 baht government aid, for people affected by the coronavirus crisis, was opened on March 28 at 6pm via the "เราไม่ทิ้งกัน ดอทคอม" website. Immediately after the registration opened, the website crashed, due to the overwhelming number of applicants.
Thailand’s exports continue facing hurdles World

Thailand’s exports continue facing hurdles

Thailand’s exports fell for the fourth consecutive month in November, mainly due to lower prices of oil and agricultural products, a slowdown in the world economy, the US-China trade tensions, and rising baht.