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Gulf plans to raise Intuch stake
BANGKOK: Gulf Energy Development has informed the Stock Exchange of Thailand that the company’s board of directors had approved a 8.92 billion baht (US$298mil) budget to boost its Intouch Holdings (Intuch) shareholding by up to 5%.
Concerns looming over larger economic impact
BANGKOK: The Bank of Thailand (BoT) has listed three concerns for economic recovery now that Thailand and other countries have been hit by a new surge in Covid-19 cases.
Thai central bank worried at larger economic impact after virus surge
BANGKOK (The Nation/ANN): The Bank of Thailand (BOT) has listed three concerns for economic recovery now that Thailand and other countries have been hit by a new surge of Covid-19 cases.
Thai women gold panners are rare winners in Covid-hit economy
With global gold prices near an all-time high, the women are a rare bright spot for an economy hard hit by the collapse of tourism amid coronavirus travel restrictions.
Thailand offers work permits to undocumented migrants to curb Covid-19
BANGKOK (Reuters): Thailand on Tuesday (Dec 29) said it would allow undocumented migrant workers from Cambodia, Laos and Myanmar to work in the country legally for about two years to curb the spread of Covid-19.
Thais dipping into gold savings
BANGKOK: Gold sales in Thailand are surging as households reach for a financial lifeline amid the pandemic, a tactic that risks complicating government efforts to tame an export-stifling rally in the nation’s currency.
Baht rises in line with Asian currencies
BANGKOK (The Nation/ANN): The baht opened at 30.13 to the US dollar on Tuesday (Dec 29) strengthening from 30.16 at close on Monday, Poon Panichpibool, Krungthai Bank’s markets strategist, said.
Baht’s rally stalls as Thailand battles virus pandemic fallout
BANGKOK: A tug-of-war is building for Thailand’s baht as concern about the nation’s virus outbreak counters the support from its current-account surplus.
Thailand records 3,000 foreign tourists in November as ban eases
BANGKOK (Reuters): Thailand recorded 3,065 foreign tourists in November, official data showed on Monday (Dec 28), in its second month of receiving long-stay visitors after a ban was imposed in April to keep coronavirus infections under contro
