Business News

    • Baht set to top 2018’s emerging-market list

      Dec 13, 2018 | 02:03 am

      The Thai currency has declined 0.3% to 32.672 against the dollar this year as of 1.11pm, the best performance among 22 major developing-economy currencies tracked by Bloomberg. A current-account surplus and ample foreign-exchange reserves helped offset headwinds from the Federal Reserve’s tightening path and escalating trade tension between the United States and China.

    • PTTEP wins both petroleum concessions in Gulf of Thailand

      Dec 13, 2018 | 01:36 am

      PTT Exploration and Production Plc (PTTEP) has won the bidding for both the Bongkot and Erawan petroleum gas concessions in the Gulf of Thailand, Energy Minister Siri Jirapongphan said on Thursday.

    • Gold prices down 50 baht to B19,300

      Dec 12, 2018 | 21:33 pm

      The Gold Traders Association on Thursday morning announced buying prices at 18,859.04 baht per baht-weight for gold ornaments and 19,200.00 baht per baht-weight for gold bars.

    • Survey: Thais keen on exotic trips, but go the usual route

      Dec 12, 2018 | 20:00 pm

      More Thai travellers are interested in exotic destinations within the region and beyond. But many of their destinations will remain unchanged because of proximity and familiarity, according to a survey by Skyscanner.

    • Apisak expects slower Thai growth in 2019

      Dec 12, 2018 | 19:08 pm

      The Thai economy in 2019 will slow down from this year, with the US-Sino trade rift a drag, but growth of 4% is still possible, says Finance Minister Apisak Tantivorawong.

    • ADB cuts Thai outlook on export deceleration

      Dec 12, 2018 | 16:09 pm

      The Asian Development Bank (ADB) has slashed its economic growth forecasts for Thailand to 4.3% this year and 4.1% next year as the global economy sputters.