Thailand Financial News

currency's gains after it touched the strongest level in nearly three weeks. The rupee closed at 83.1850 against the U.S. dollar, up 0.16%, compared with its previous close at 83.3150. The currency rose to an intra-day high of 83.16, its strongest level since March 21.

Thailand’s Prime Minister Srettha Thavisin has revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated qualifying 50 million Thais for spending at their local businesses

Emerging market stocks were rising Tuesday and headed for their best close since June 2022, aided by a surge in the shares of an Asian chipmaker.

Rajratan Global Wire have reasons to celebrate, as the shares of this company have surged sharply in recent years. The shares, which were valued at ₹156.70 apiece three years ago, are now trading at ₹638, resulting in a massive gain of 308%. They delivered even more stellar performance, as they skyrocketed 1780% since May 2020.

China’s weak consumer activity got a temporary boost from the Qingming holiday ended Saturday, during which more travelers hit the road, adding to signs of green shoots in the world’s second-largest economy. Official data released over the weekend show that Chinese tourists made 119 million domestic trips during the three-day holiday, up 11.5% from the same period in 2019 before the pandemic.

Thailand’s status as a tourism hotspot into an aviation and logistics hub — has discussed the Schengen-type visa idea with his counterparts in Cambodia, Laos, Malaysia, Myanmar and Vietnam in recent months. The facility is meant to ensure seamless mobility for travellers among the six neighbouring countries. With most leaders positively responding to the single-visa concept, tourism-reliant Thailand aims to generate more revenue per traveller and cushion its economy from headwinds such as sluggish exports and weak global demand that’s hurt its manufacturing industry.

Thailand is steering an initiative for a joint-visa program with countries that together hosted about 70 million tourists last year as Prime Minister Srettha Thavisin ramps up initiatives to attract more long-haul and high-spending travelers. Srettha — who’s pledged to elevate Thailand’s status as a tourism hotspot into an aviation and logistics hub — has discussed the Schengen-type visa idea with his counterparts in Cambodia, Laos, Malaysia, Myanmar and Vietnam in recent months. The facility is meant to ensure seamless mobility for travelers among the six neighboring countries. With most leaders positively responding to the single-visa concept, tourism-reliant Thailand aims to generate more revenue per traveler and cushion its economy from headwinds such as sluggish exports and weak global demand that’s hurt its manufacturing industry.

Congress Nyay Patra features a picture of Buffalo River in New York State under the environment section. “There is a picture on water management in the Congress manifesto. This picture is of the Buffalo River in New York state.

Southest Asian finance ministers and central bank governors have ended meetings in the Laotian city of Luang Prabang citing progress in building stronger regional institutions, but also noting serious challenges due to geopolitical tensions and volatil...

Congress manifesto, raising questions about the seriousness and authenticity of the document. BJP spokesperson Sudhanshu Trivedi highlighted the incongruity, stating, «Recently the social media chairperson said she was not aware who was handling her social media account. At least the party should know who was making their manifesto at least.» Trivedi emphasized that one of the images used in the Environment section of the manifesto was traced back to Thailand, which he claimed to be a favorite destination of Rahul Gandhi, a prominent figure within the Congress party.

Senior finance and central bank officials from Southeast Asia and major economies are meeting in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disaster...

survey of around 19,000 respondents conducted in 19 countries shows that 80 per cent support cutting plastic production to save biodiversity and the climate. Around 80 per cent of the participants are concerned about the impact of plastic on the health of loved ones, according to the survey conducted by the independent environmental network Greenpeace International in January and February. The survey collected responses from 19,088 participants from the UK, the UAE, Canada, India, Brazil, Egypt, Germany, Mexico, South Africa, Philippines, Indonesia, Japan, Thailand, South Korea, China, Malaysia, Austria, Norway and the US. The survey shows strong support for cutting the production of plastic, with more than eight in 10 people (82 per cent), and for protecting biodiversity and the climate by reducing plastic production (80 per cent).

India slipped to their lowest level since early February this week, pressured by sluggish demand, while Thai rates declined for the fourth consecutive week due to a weaker baht. Top exporter India's 5% broken parboiled variety was quoted at $540-$548 per ton this week, down from last week's $550-$558. Prices hit a record high of $560 last month after customs officials changed the calculation method for the 20% export duty, resulting in a higher levy. Demand from Asian buyers was subdued, which brought down prices from the last month's highs, said Himanshu Agarwal, executive director at Satyam Balajee, a leading exporter.

Bangkok, Thailand – April 2nd, 2024 – Developers of Polkadot, the blockspace ecosystem for boundless innovation, learned of a paradigm shift in the ecosystem – the JAM (Join-Accumulate Machine) chain, the successor of the Polkadot Relay Chain, which will provide multi-core computing and support for hundreds of chains. The plans were unveiled in Bangkok at sub0 Asia , the Polkadot Developer Conference, by Dr. Gavin Wood, Founder of Polkadot and Chief Architect at Parity Technologies.

Bitkub Capital Group Holdings, the parent company of Bitkub, Thailand’s largest cryptocurrency exchange, has revealed plans to conduct an initial public offering (IPO) in 2025.

Developing economies of East Asia and the Pacific are set to see slowing growth, with higher-for-longer interest rates and worsening geopolitical tensions clouding the outlook for the region, the World Bank said.

Ram Charan is currently enjoying a well deserved vacation in Thailand along with his wife Upasana Kamineni Konidela and daughter Klin Klara. The ‘RRR’ star’s wife dropped some photos of some picturesque vacation spots, which immediately went viral. Taking to Instagram Stories, Upasana shared a picture where she and the ‘Rangasthalam’ star can be seen posing with friends and a cute poodle, and gave a caption, “Happy Easter’’. Earlier, the couple were spotted at the airport, where they presumably left for Thailand. They were also seen at the Tirupati temple, offering prayers to the deity. On the work front, Charan will soon be seen in the political action thriller ‘Game Changer’. Also starring Bollywood star Kiara Advani, the film is directed by Tamil director S Shankar. The movie will feature Ram Charan in triple roles. The cast also include actors such as Anjali, SJ Suryah,Jayaram, Sunil, Srikanth etc.

Thailand’s government has ordered officials to closely monitor livestock along the border with Laos after more than 50 people were reported to have contracted anthrax in the neighboring country

The Gokyo Lakes Trek, Khumbu Valley, Nepal: Compared to the hardships of trekking in most areas of the Himalaya, a trek in the Everest region can be an epicurean delight. As one of the most popular trekking destinations in the world (as well as one of the oldest in the Himalaya), the Khumbu Valley of the Sherpa people in Nepal attracts Himalaya fans from the world over. As a result, trekking in the region means staying at lovely teahouses every night and eating the kind of food that would put most dal-chawal-Maggi trekking menus to shame (think pizza, or roast chicken, or Thai food, even beer!).

Hotels are putting lots of thought and money into helping travelers do the simple thing they most want: get a plate of hot pad thai or chicken parm to eat in their rooms. Call it do-it-yourself room service. Food delivery, a pandemic necessity when other food options were limited, has become one of those travel habits that didn’t fade.

Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show