Thailand’s Justice Minister has ordered a detailed probe into a 1.188-billion-baht prison project. The probe follows a complaint about alleged irregularities, Justice Minister Somsak Thepsutin told...
"The baht could break past the 30 per dollar band at some stage next year, but the degree of currency appreciation is not expected to be...
The Revenue Department plans to expand cash payment services for VAT refunds to tourists at 10 international airports nationwide. The additional eight airports are Chiang Mai,...
The Finance Ministry has received complaints that some merchants are touting discounts or unrelated promotions to get recipients to spend the entire 1,000-baht cash handout in...
Brian Maxey moved to Thailand from the United Kingdom expecting his pension to afford him an easy retirement. Instead, he’s finding it harder to meet his...
Thailand has implemented visa-fee waivers to attract Chinese and Indian tourists. The Tourism Council said it was in talks with officials about whether more steps are...
The baht has shown to be the second least responsive to shock yuan moves among eight Asian currencies, a Bloomberg reports.
Thai investors who invested in foreign equities were also facing exchange rate losses when repatriating money due to the rising Thai Baht.
The Thai Baht has roared more than 8 percent against the US dollar reaching a six-year high.
Thailand's industry leader under pressure from the Thai Bahts strength are looking to the Bank of Thailand for an economic lifeline.
The airlines revenue dropped 4.2% due to slow growth in tourist arrivals and the strengthening of the Thai baht.
BANGKOK – Economist remain highly skeptical that the Thai Baht will weaken after the Chinese yuan depreciated 7 cent against the US dollar Monday. The yuan...
BANGKOK – Thailand’s currency (Thai Baht) keeps getting stronger and that’s sparking concerns among policymakers, tourism operators and exporters. The Thai baht has soared against the...
BANGKOK – The Bank of Thailand knocked the Thai baht from its perch, but the weakness could be short-lived, according to currency’s forecasters. The BoT took...
BANGKOK – The Bank of Thailand has stepped up its efforts to curb short-term speculative inflows by lowering the cap on the outstanding balance of a...
BANGKOK – In a joint statement, three leading business associations slashed their 2019 economic growth and export forecasts for Thailand as the Thai Baht continues it...
BANGKOK – Thailand’s baht’s value hit a six-year high in mid-June of 31.05 against the US dollar as rate-cut signals by the US Federal Reserve prompted...
PATTAYA – Thailand surging Thai baht is taking its toll on tourism as fewer foreign tourists come to Thailand and more Thais flex their spending power...
BANGKOK – The Bank of Thailand is fretting over how to restrain the world-beating surge in the baht just as the U.S. keeps a watchful eye...
BANGKOK – As the Thai Baht continues to rise against the green back Tourism Operators are feeling the pinch as foreign travellers are having to pay...