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Currency News

Commerce assures stronger baht won't hinder export expansion

22 Feb 2018 00:22Thai PBS English News
The continual appreciation of the Thai baht currency won't hinder export growth this year and the growth target at 8% will be achieved, the minister of commerce assured yesterday. more

Thai telco Advanced Info Service announces 2 pct drop in annual profit

05 Feb 2018 07:30CNBC
BANGKOK, Feb 5 (Reuters) - Thailand's largest mobile operator, Advanced Info Service Pcl (AIS), reported a near 2 percent drop in annual net profit on Monday due to falling voice revenues. more

The week in renminbi: CFETS kicks off Thai baht trading, top Chinese official ...

04 Feb 2018 22:07GlobalCapital
China launches onshore trading for Thai baht, NPC chairman says Hong Kong remains important to China's effort to promote the renminbi, and China Construction Bank opens a new branch in Auckland. more

China to start direct trading between yuan, Thai baht

02 Feb 2018 06:45Xinhua
BEIJING, Feb. 2 (Xinhua) -- China announced Friday that it will allow direct trading between the Chinese yuan and the Thai baht on its interbank foreign exchange market beginning Monday. The move aims to boost bilateral trade and investment, facilitate ... more

EM ASIA FX-Asian currencies firm, baht at more than 4-year high

25 Jan 2018 00:00Kitco News
Jan 25 (Reuters) - Asian currencies rallied against the dollar on Thursday, as the greenback went into a tailspin after comments from the U.S. more

Myanmar workers may gain from Thai basic wage hike

18 Jan 2018 21:45Myanmar Times
Before the final approval of the tripartite committee, Thai employers wanted to increase the minimum wage by 5 to 15 baht, whereas labour organisations were demanding 360 baht as the minimum daily wage nationwide, according to MWRN. Currently, over 10 ... more

FxWirePro: Thai baht falls in early Asia, short term trend reversal likely

03 Dec 2017 20:15EconoTimes
A daily close below 32.57 will drag the parity down towards key supports around 32.49, 32.41, 32.34 and 32.24 marks respectively. On the top side, key resistances are seen at 32.70, 32.75, 32.86, 32.92, 33.03, 33.10, 33.22, 33.38, 33.46, 33.52, 33.77 ... more

Thailand's big banks post a profit dip despite a rising economy

25 Oct 2017 20:07Nikkei Asian Review
Bangkok Bank, Krung Thai Bank, Siam Commercial Bank and Kasikornbank, the four largest lenders by assets, posted an aggregate net profit of 33.6 billion baht ($1.01 billion) for the third quarter, according to stock exchange filings released on Oct. 19 ... more
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