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Sunday, September 22, 2019

Tag: baht

Thai economy’s growth weakest since 2014 as trade war, baht bite

Thailand’s trade-reliant economy has been hit by slumping exports, a surging currency and cooling tourist arrivals.

Thai Airways 2nd quarter loss doubles as revenue drops

Thai Airways struggled to operate due to the global economic slowdown resulting in lesser tourist arrivals.

Thai baht seen surviving central bank push to restrain surge

Moody’s Investors Service and Fitch Ratings boosted Thailand’s credit-ratings outlook to positive from stable this month, complicating the central bank’s efforts to restrain the currency.

Thailand shies away from rate cut in tussle with mighty baht

The bank plans to ease rules on money outflows by giving more flexibility for portfolio investment by Thai investors.

Thai central bank says has enough tools to handle volatility in...

The central banks of Thailand, Malaysia, Indonesia and the Philippines have signed 3 pairs of bilateral Letters of Intent on local currency settlement to promote trade and investment.

Penganalisis jelaskan kenapa baht Thailand naik mendadak berbanding ringgit

Pada masa ini baht Thailand diniagakan pada kadar 100 baht bagi RM13 - tahap tertinggi dalam tempoh semasa.

Currency analyst explains Thai baht’s meteoric rise against ringgit

Currency specialist says ringgit has appreciated against the greenback recently due to the underperformance of the US dollar.

PH should admit that ringgit is weak under Guan Eng, says...

The former prime minister says it is undeniable that the ringgit has fallen against the baht to the lowest level recorded 'in history'.

Dr M jawab Najib: RM jatuh bukan sebab PH tapi Trump

Perdana menteri berkata nilai ringgit merosot berbanding baht kerana kenaikan mata wang dolar AS.

Penganalisis: PH masih tidak ada rancangan ekonomi tersusun, konsisten

Felo kanan Institut Hal ehwal Antarabangsa Singapura, Oh Ei Sun berkata, Malaysia boleh belajar daripada Thailand dalam memisahkan politik daripada pengurusan sebenar negara.

Najib slams PH as baht strengthens against ringgit

For the first time, Thailand's 100 baht is worth RM13 and Najib is needling the PH, noting that the coalition had said the ringgit would rise if he were to fall.

World-beating baht adds to Thai economy’s challenges in 2019

The baht’s climb could complicate matters by weighing on already below-target inflation.

Thailand to sell up to US$4.36 bil of govt bonds

The baht-denominated bond will have maturities between 4 and 48 years.

Bank of Thailand’s hawkish tilt adds another tailwind for baht

Piggybacking on a strong current-account surplus, the baht has braved developing-market doldrums and topped returns among 24 currencies tracked by Bloomberg.

Thailand decision guide: Laying the groundwork for a rate hike

Thailand has been relatively sheltered against the worst of the fallout this year, but the currency has recently been swept up in the market rout.

Thailand, Japan sign “enhanced” bilateral currency swap pact

The arrangement already enables Thailand and Japan to swap their local currencies for the US dollar.

Thai finance minister says no need for central bank to hike...

The baht’s recent drop will help boost incomes for the 30 million Thais in the farm sector, Apisak Tantivorawong said in an interview Thursday.

Thailand to issue more new banknotes this month

The new 500 baht (US$15) and 1,000-baht notes will be in circulation from the king's birthday on July 28, Bank of Thailand Governor Veerathai Santiprabhob said in a statement.

Drug trafficking: Thais probe Penang-based company

High-level team to arrive in Malaysia at month-end to look into links the diversified company has with Thai concerns.