BoT sees mild impact of new COVID-19 wave on the economy
Despite a new and wider wave of COVID-19 infections in the country, the Bank of Thailand (BoT) has assessed that the economic impact of the situation will not be as severe as the first wave as the effects of the virus are not as pronounced, and public health preparations, including…
PM Prayut encourages FTI to adapt to new normal
Prime Minister and Defense Minister, Gen. Prayut Chan-o-cha, has met with the Federation of Thai Industries (FTI) to discuss operating amid the COVID-19 situation, emphasizing cooperation between the government, and private and civil sectors. The Prime Minister met with FTI President Supant Mongkolsuthree, indicating the administration has prioritized long term…
Baht appreciates 9% since January, says BoT
The baht has already strengthened by 9 per cent since early this year as a result of the continued inflow of foreign capital, according to the Bank of Thailand (BoT). BoT Assistant Governor Suchada Kirakul conceded the baht surged to second and third strongest among the countries in Asia. However,…