Almost all currencies has weakened towards the Thai baht in 2010. Europeans from EU-zone who plan to spend the holidays in Thailand this high season will get 14 percent less for the Euro or Danish kroner now than they did over the last new year period. Exchange rates Currency 01-Jan-10 30-Nov-10 Change 100 Danish...
Read More »
Judgment day was favorable for the Democrats as the Constitutional Court dismissed the Election Commission’s (EC) case against the party. The ruling is favorable for the economy and the tourism industry. A guilty verdict would have disbanded the party and banned its executives (including Prime Minister Abhisit Vejjajeva) from politics for five years. This...
Read More »
The Thai stock market has been the best performing of the biggest Asian markets since May. The SET index has increased by more than 20 percent since its May low. “Foreigners are starting to invest in Thai equities again on strong earnings and economic growth,” Supakorn Soontornkit, chief investment officer at MFC Asset Management...
Read More »
The Thai economy continues to suffer due to a large drop in export. The head of the Tourism Council of Thailand does not see any positive factors for the touristm sector.
Read More »
The Thai economny contracted more than expected in the first quarter. Political stability is the key to create growth later in the year.
Read More »
Thai consumers are turning more negative - the consumer confidence index is at its lowest in seven years.
Read More »
Is Thailand turning the corner? The business sentiment seems to be improving. The Finance Minister belive the economy has bottomed out and will show an improvement in the 2nd quarter.
Read More »
Recent comments