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Bank of Thailand Governor Says We Must Brace for a Time of Volatility

. . BANGKOK – Businesses and emerging Asian Countries must brace for a time of volatility by stepping up foreign exchange hedging and lowering their dependence on foreign currencies and financing, Bank of Thailand Governor Veerathai Santiprabhob said in an interview with the Nikkei Asian Review on Friday. Thailand recently began talks with Indonesia to […]

February 11th, 2017 | Posted in Economy & Business,Regional News | Read More »

Thailand’s Central Bank Holds Rate to Shield Growth as Trade Risks Mount

   . BANGKOK – Thailand’s central bank held its key interest rate near a record low to shield the nation’s economic recovery as the threat of trade protectionism mounts. The one-day bond repurchase rate was left at 1.5 percent, with monetary policy committee members unanimously in favor, the Bank of Thailand said in Bangkok on […]

February 8th, 2017 | Posted in Economy & Business | Read More »

Bribery Claims Embroil State Controlled Thai Airways and PTT

. . BANGKOK – Thailand’s junta is under growing pressure to investigate corruption claims that have emerged from the bribery scandal at Britain’s Rolls-Royce and embroiled two high-profile state-controlled companies in the south-east Asian kingdom. Prosecutors in the US and UK claim representatives of Rolls-Royce made illicit payments over more than 20 years to officials […]

January 24th, 2017 | Posted in Economy & Business,Regional News | Read More »

Why Asia-Pacific Is About to Be Huge for Facebook

. . About half of Facebook’s revenue comes from the U.S. and Canada, even though the two countries account for just 13% of the social network’s monthly active users. Not only is the U.S. Canada Facebook’s largest market by revenue, its average revenue per user is growing faster than any other region. But that trend […]

January 4th, 2017 | Posted in Economy & Business | Read More »

Thailand’s Revenue Department to Draft New E-Commerce Law

. . BANGKOK – Thailand’s  Revenue Department has set up two ad hoc committees to study foreign laws governing e-commerce as a basis for the drafting of similar law in Thailand in order to properly tax e-commerce business operated by multi-lateral corporations such as Google and Facebook. The department director-general Mr Prasong Poonthanet said on […]

December 26th, 2016 | Posted in Economy & Business,Regional News | Read More »

Thai Shares Closed Higher for a Second Straight Session

. . BANGKOK  – Dec 26 Thai shares closed higher for a second straight session on Monday in thin trading as strong November trade data briefly invigorated the market in an otherwise quiet day. The benchmark stock index, which ended up 0.35 percent, or 5.25 points, rose as much as 0.47 percent after data showed […]

December 26th, 2016 | Posted in Economy & Business,Regional News | Read More »

Mass Tourism Putting a Strain on Thailand’s Infrastructure

. . BANGKOK – Thailand’s success in attracting huge numbers of tourists has put some infrastructure for handling the influx under pressure, an economist with the World Bank said on Monday. “Bottlenecks are building up in destinations like Chiang Mai, Bangkok and Phuket, while infrastructure still hasn’t expanded,” Kiatipong Ariyapruchya said. The economist also said […]

December 26th, 2016 | Posted in Economy & Business,Regional News | Read More »

Photo of White Beach in Boracay, Philippines

In Loving Memory of His Majesty the King

Photo of His Majesty the King Bhumibol Adulyadej
Learning Thai with Jen