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Bad day for baht

Bad day for baht

Baht falls to 34.80 to the dollar, leading losses in Asian trade, as low inflation probably means the Bank of Thailand is finished raising interest rates.

17:04 3
Exports seen rising up to 1% this year

Exports seen rising up to 1% this year

Thailand's exports are likely to be flat or rise up to 1% this year as global demand has slowed but a weak baht is providing support, the Thai shippers' council said on Tuesday.

12:44 10

Data exchange to fight tax evasion

Starting this month, the exchange of financial information should help combat transnational tax evasion, says director-general of the Revenue Department Lavaron Sangsnit.

05:15 9
Data exchange to fight tax evasion

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.8722
37.6057
GBP
42.829
43.6794
HKD
4.3956
4.4784
JPY
24.5856
25.2778
USD
34.5983
34.9325
CNY
4.8239
4.9593
Source: Bank of thailand (6 Jun 2023)

SET

SET
1,528.54
-2.66
SET50
923.54
-1.35
SET100
2,055.19
-4.29
sSET
988.23
-0.14
SETCLMV
863.07
-7.60
SETHD
1,137.51
+0.06
SETTHSI
977.14
-3.31
Source: settrade.com (6 Jun 2023)
LATEST
17:04

Baht has worst day in two weeks

Baht falls to 34.80 to the dollar, leading losses in Asian trade, as low inflation probably means the Bank of Thailand is finished raising interest rates.

17:04 3
Bad day for baht
12:44

Exports seen rising up to 1% this year

Thailand's exports are likely to be flat or rise up to 1% this year as global demand has slowed but a weak baht is providing support, the Thai shippers' council said on Tuesday.

12:44 10
Exports seen rising up to 1% this year
11:11

Headline inflation lowest in 21 months

Thailand's headline inflation rate dropped to its lowest in 21 months in May due to falling energy and food prices and a high base in 2022, the Commerce Ministry said on Tuesday.

11:11 7
Headline inflation lowest in 21 months
06:37

Mice returns to Asia after long absence

Asian nations are dusting off exhibition venues and ramping up marketing plans to welcome international visitors once again.

06:37 4
Mice returns to Asia after long absence
06:00

Lion to expand into pet market

Lion Corporation Thailand, a manufacturer of consumer goods including Pao detergent, Kodomo baby powder and Shokubutsu oral care, is expanding into the country's 40-billion-baht pet market.

06:00
Lion to expand into pet market
05:45

WHAUP to acquire assets in Vietnam

WHA Utilities and Power is planning to acquire new wind and solar power generation facilities in Vietnam to benefit from growing energy demand there.

05:45
WHAUP to acquire assets in Vietnam
05:15

Data exchange to fight tax evasion

Starting this month, the exchange of financial information should help combat transnational tax evasion, says director-general of the Revenue Department Lavaron Sangsnit.

05:15 9
Data exchange to fight tax evasion
04:37

Food industry looks to the future

Thailand's future food industry is projected to grow 5% this year, driven by emerging trends and increasing demand for healthier and more environmentally friendly food options.

04:37 3
Food industry looks to the future
04:18

Thailand at risk of drought as water demand outstrips supply

Thailand is at risk of water scarcity in the eastern region, where the government's flagship investment project Eastern Economic Corridor (EEC) is being developed.

04:18 6
Thailand at risk of drought
5 Jun 2023

Air travel to soar near record in 2023: industry group

ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.

5 Jun 2023 4
Air travel to soar near record in 2023: industry group

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.8722
37.6057
GBP
42.829
43.6794
HKD
4.3956
4.4784
JPY
24.5856
25.2778
USD
34.5983
34.9325
CNY
4.8239
4.9593
Source: Bank of thailand (6 Jun 2023)

SET

SET
1,528.54
-2.66
SET50
923.54
-1.35
SET100
2,055.19
-4.29
sSET
988.23
-0.14
SETCLMV
863.07
-7.60
SETHD
1,137.51
+0.06
SETTHSI
977.14
-3.31
Source: settrade.com (6 Jun 2023)