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thai-baht
Thai baht may strengthen more next week
By k on January 16, 2010
BANGKOK, 16 January 2010 (NNT) - The Kasikorn Research Center (KRC) has reported that the onshore Thai baht currency has edged higher against the US dollar to be near 32.80 THB/USD.
The baht reached the highest level for the first time in 19 months, according to the research center. The appreciation was speculated to be caused [...]
Thai Baht gets stronger due to surplus balance of trade
By k on July 28, 2009
BANGKOK, 28 July 2009 (NNT) – Finance Minister Korn Chatikavanij admitted Thai Baht appreciated today day due to surplus balance of trade in exports and on speculation of the currency.
Mr. Korn said the fewer amount of the US dollar currency had flown out of Thailand due to less imports from overseas markets. He added Thai [...]
Thai Baht closes at 34.13-34.14 against USD
By k on July 14, 2009
BANGKOK, 14 July 2009 (NNT) – The Thai Baht closed at 34.13-34.14 against the greenback, remaining stable from this morning.
The Thai Baht traded in line with other currencies in regional markets, while the world currency such as the US dollar remained stable today. Investors still wait and see the announcement on performance [...]
Thai Baht opens at 34.13-34.15 against the dollar
By k on July 3, 2009
BANGKOK, 3 July 2009 (NNT) – Thai local currency opened at 34.13-34.15 against the dollar, weaker than yesterday. The Baht traded slightly stronger at 9.24 am today to stand in the range of 34.11-34.13 against the dollar.
Thai Baht is expected to fluctuate in a narrow range of 34.10-34.15 against the dollar today. The trade movement [...]
Thai Baht closes at 34.18-34.21 against the greenback
By k on June 15, 2009
BANGKOK, 15 June 2009 (NNT) – The Thai baht closed at 34.18-34.21 against the US dollar after the market ended this afternoon. The value of Thai baht fluctuated in a narrow range all day, and hit the highest at 34.13 and the lowest at 34.22 against the dollar.
Thai Baht in off-shore market closed at 34.08 [...]
Business News »
Business community disagrees with House dissolution
March 16, 2010
BANGKOK, Mar 16 (TNA) – Most Thai businesspeople disagree with the call by the Red Shirt movement to dissolve the House because it will negatively affect the overall economy, according to Thai Chamber of Commerce Deputy Secretary-General Pornsilp Patcharintanakul.
Should the House be dissolved, he said, it would take at least six months to put the [...]
Bank And Finance »
More banks closed amid mass protest
March 16, 2010
BANGKOK, 16 March 2010 (NNT) - Seven branches of commercial banks have today requested temporary suspension of their operations for safety concerns, according to the Bank of Thailand (BOT).
Krung Thai Bank has closed its branches at the Government House, the Ministry of Defence, the Parliament, Ratchadamnoen Klang Road, the Ministry of Education, Banglamphu Road, and [...]
General News »
Red Shirts collecting blood from volunteers, target one million cc
March 16, 2010
BANGKOK, March 16 (TNA) - Thai anti-government demonstrators on Tuesday began collecting blood from volunteers, targeting a goal of one million cc before pouring it at all gates of Government House as part of their plan to intensify their campaign to bring down the administration of Prime Minister Abhisit Vejjajiva after he rejected their demand [...]
Economy »
Baht likely stand around 32.50-33.00 THB/USD
March 16, 2010
BANGKOK, 16 March 2010 (NNT) – The Thai baht is expected to move in the range of 32.50-33.00 THB to the US dollar this week, according to the Kasikorn Research Center (KResearch).
The movement of the Thai currency is expected to be influenced by the ongoing rallies of the United Front of Democracy Against Dictatorship (UDD), [...]
Energy »
PTT plant closures force LPG imports to record highs
March 16, 2010
BANGKOK, 16 March 2010 (NNT) – The amount of imported liquefied petroleum gas may reach 154 billion tons per month as the operation PTT Plc’s 6th gas plant continues to be on hold.
Director of the Fuel Trade and Stockpile Bureau, Ms Poosub Sakunee, said the Energy Ministry has met with PTT to plan LPG imports [...]
Politics »
Lack of quorum causes postponement of joint parliamentary sitting
March 16, 2010
BANGKOK, 16 March 2010 (NNT) - Only 80 out of 625 Parliament members signed up for the joint parliamentary meeting this morning, causing Parliament President Chai Chidchob to order definite postponement of the meeting due to lack of quorum.
Mr Chai said the meeting was earlier scheduled because a backlog of draft laws were awaiting parliament’s [...]