Thai baht opened at 32.55 THB/USD, speculated to weaken

Financial experts at the Bank of Ayudhya said that even though the Thai currency this morning has slightly appreciated, the Euro zone debt crisis is posing a major concern for investors, weakening the confidence of Thai stocks and regional stocks.

Thailand’s GDP to grow 3.5 to 4.5% in 2010

Thailand’s gross domestic product grew 12 per cent year-on-year in the first quarter of 2010 – one of the highest growths in the world – while exports soared above 30 per cent, Prime Minister Abhisit Vejjajiva said on Sunday.

IT city goes from strength to strength

IT city goes from strength to strength.The information technology sector appears to be weathering the economic storm better than most. The sun always shines brightly on the IT industry regardless of economic or political conditions, with widespread consumption of IT products ensuring steady growth, says Ekachai Sirijirapatana, president of IT City.

(FTA) Free-Trade Agreement between Thailand & EU will boost both economies

A recent study has found that the implementation of a free-trade agreement (FTA) between Thailand and the European Union (EU) would boost both economies by 2.32 to 3.7 per cent, depending on the scope of trade liberalisation.

Thai Baht remains stable despite political turmoil

The baht has moved in a narrow range for the time being,…

Greece debt crisis to have very little effects on Thai exports

Thai exports are likely to be impacted by less than one per…

Thailand disappointed with unchanged status on Priority Watch List

The USTR in its report released on April 30, maintained Thailand on its PWL for 2010 which has been unchanged since 2007 but Mr Alongkorn said an OCR (Out-of-Cycle Review) on Thailand’s status could be conducted within the next six months.

Thailand’s consumer price index (CPI) rises 3% year-on-year in April

Thailand’s consumer price index (CPI) in April stood at 107.66,  an increase…