– BANGKOK — The Thai baht is at its highest point against the dollar in about two and half years, as Thailand’s policymakers and exporters worry that the strong currency could hurt industry. The baht, unlike other Asian currencies, also appears immune to speculation that tighter U.S. monetary policy will weaken it. Thailand’s large current-account […]
– BANGKOK – A public rift between Thailand’s central bank and government on interest rates shows just how much of a dilemma the baht has become for the economy. The Finance Ministry is pushing the Bank of Thailand to cut interest rates to stimulate growth, in light of the strength of the currency and […]
– CHIANG RAI – More than 134 million speed pills and 3,800kg of crystal methamphetamine, or ya ice, have been seized in three northern border provinces over the past 10 months. Third Army commander Lt Gen Thana Jaruwat, speaking as director of the drug prevention and suppression operations centre in the North, said the volume […]
