| 单词 | baht |
| 例句 | Motorcycle taxis will do the trip for around 80 baht per person, while a pickup truck will take as many people as you can fit for around 300 baht. Journeys: Ban Tham Lod in Northern Thailand 2011-10-07T18:55:00Z A potpourri of a half-dozen types goes for 50 baht a bag, along with a sweet dipping sauce that provides the only real flavor. Special Report: A Cut Above: An Island Refuge Amid the Sprawl in Bangkok 2012-06-20T03:21:01Z Fight tickets start at 900 baht and include free transportation to and from the stadium. 36 Hours in Phuket, Thailand 2010-03-19T03:19:00Z For example, the U.S. dollar is currently worth around 35 Thai baht, or 17 percent more than in January 2020, before the pandemic. In Southeast Asia, Luxury Hotel Bargains Aren’t Hard to Find 2022-06-25T04:00:00Z Lunch for two, without drinks or tip, is about 450 baht. Choice Tables: Authentic Thai Cuisine Moves in From Sidewalk Stalls 2010-11-28T04:30:00Z River Jam’s wood-planked rooms overlooking coconut palms on the Wat Julamanee canal cost about 1,500 baht a night, and a delicious dinner of green curry soup and minced chili pork costs about 300 baht. Taking to the River in Thailand 2018-04-10T04:00:00Z The orange flag boats are the best bet, stopping at most of the piers and costing only 15 baht. Taking to the River in Thailand 2018-04-10T04:00:00Z Lunch for two, without drinks or tip, is about 600 baht. Choice Tables: Authentic Thai Cuisine Moves in From Sidewalk Stalls 2010-11-28T04:30:00Z By the midday break, the stock was unchanged at 7 baht, in line with a 0.3 percent rise in the main index. Work restarts at Xayaburi dam in Laos -project leader 2012-08-16T08:52:20Z And like many books or movies about the financial world by arty civilians, this rhetoric is strained and redundant and cliched, and Packer's supposed connoisseurship of the yuan and the baht just sounds preposterous. Cannes 2012: Cosmopolis – review 2012-05-25T11:16:33Z Thanasak expects daily tourist spending to increase to 5,200 baht per person this year, from 5,100 baht last year. Thailand expects tourism revenue of nearly $50 billion in 2017 2017-01-09T05:00:00Z The Tourism Council of Thailand estimates cancellations will cut earnings in the tourism industry by 83 billion baht in the first half of 2014. Martial law threatens new blow to beleaguered Thai tourism 2014-05-21T04:00:00Z Though his duck noodles are now well known, the price remains right: Lunch for two was 160 baht, or less than $5. Where to Find Bangkok’s Best Street Food While You Can 2018-04-09T04:00:00Z Most visitors reach the island on the small ferry, which charges two baht, or six cents, for the short journey from the city. Special Report: A Cut Above: An Island Refuge Amid the Sprawl in Bangkok 2012-06-20T03:21:01Z The price for a bowl in 1987: 10 baht, or about 40 cents at the time. Where to Find Bangkok’s Best Street Food While You Can 2018-04-09T04:00:00Z The whole meal, plus a couple of beers, shouldn’t cost more than 200 baht. 36 Hours in Phuket, Thailand 2010-03-19T03:19:00Z It’s probably worth at least a million baht now.” The Asia Issue: Cultured Traveler: In Thailand, One Man?s Dream Becomes a Bangkok Sanctuary 2011-03-18T18:55:00Z She said they agreed to pay her another 150,000 baht to keep Gammy. Thai surrogate says unaware twin had Downs until late in pregnancy 2014-08-03T04:00:00Z Only a few Asian currencies, such as the Indian rupee, Thai baht, and South Korean won were expected to recoup their losses by late 2024. Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll 2023-11-08T05:00:00Z The Thai baht, meanwhile, climbed 1.5% on Friday for one of its strongest rallies this year. Morning Bid: Risk on Monday, China 'data dump' looms 2023-11-05T04:00:00Z The baht currency has been more volatile than its peers due to capital outflows from the country, the governor said. Thai policy rate is right for now, Mideast war is a concern - c.bank chief 2023-10-28T04:00:00Z "The market senses this policy disconnect, and the sell off in the baht seems to be the casualty." Tourism stumble risks perfect storm for reeling Thai markets 2023-10-04T04:00:00Z Add this to the U.S. dollar's global tear higher, the Thai baht has slumped to its weakest level since November. ASIA Back to regularly scheduled programming 2023-09-26T04:00:00Z The government, which took office last month, is preparing new policies, including a digital wallet handout worth 560 billion baht, to stimulate a sluggish economy weighed down by weak exports and low investor confidence. Thai cabinet approves $5.3 bln in new borrowing for fiscal year 2024 2023-09-26T04:00:00Z But the PM has said the policies would be fiscally responsible and a signature 560 billion baht digital wallet handout policy would not rely on loans. Thai PM: will gradually reduce electricity prices 2023-09-18T04:00:00Z The baht has fallen about 4.4% against the dollar so far this year. Thai policy rate is right for now, Mideast war is a concern - c.bank chief 2023-10-28T04:00:00Z "That in turn leaves the Thai baht exposed to broad U.S. dollar momentum." Tourism stumble risks perfect storm for reeling Thai markets 2023-10-04T04:00:00Z "We got trapped in our success," he said, underlining a drop in rice research investment from 300 million baht a decade ago to the 120 million baht allocated for this year. Insight: Soaring rice prices sow hope - and trouble - for indebted Thai farmers 2023-09-18T04:00:00Z Markets sources briefed by the finance ministry this month said the government planned new borrowing of more than 700 billion baht for the fiscal year. Thai cabinet approves $5.3 bln in new borrowing for fiscal year 2024 2023-09-26T04:00:00Z The new government has announced a raft of populist policies seeking to boost the economy and cut living costs, with key campaign promises including a handout via digital wallets worth 560 billion baht. Thailand minimum wage hike to be announced by year-end - minister 2023-09-15T04:00:00Z "You promised a 25,000 baht salary for new graduates, but it is not mentioned," he said. Thailand's new PM draws flak in parliament for 'aimless' economic agenda 2023-09-11T04:00:00Z Sethaput said the baht was highly volatile and the BOT would smooth out excessive moves. Thai c.bank to revise down forecasts for 2023 growth and inflation 2023-09-05T04:00:00Z It is investing 500 million baht to expand its existing plant for EV parts and battery manufacturing, the company said in April. Factbox: Chinese electric vehicle investment plans in Thailand 2023-07-09T04:00:00Z Most of the currencies surveyed, like the Thai baht, Indian rupee and South Africa's heavily battered rand, were seen holding on to recent gains by year end. EMFX will hold gains into 2024 provided central banks hold rates: Reuters poll 2023-07-06T04:00:00Z "A positive factor for overall exports was the weakening baht," Keerati Rushchano, the ministry's permanent secretary, said in a press briefing. Thai exports drop less than expected in May, seen improving in second half 2023-06-27T04:00:00Z Among other currencies, short bets on the Singapore dollar eased to an over one-month low, while those on the Thai baht and the Taiwanese dollar improved marginally. Bears retreat on Asian FX, but ringgit and yuan stuck in tight grip: Reuters poll 2023-06-15T04:00:00Z Meanwhile, the baht soared after Thai opposition parties crushed military-backed parties on the weekend, signalling wide and strong discontent with the ruling junta. Morning Bid: Debt impasse dominates in big day for politics 2023-05-15T04:00:00Z The Turkish lira sank to a two-month low after weekend elections looked headed for a runoff, while the Thai baht rallied almost 1% after Thailand's opposition routed military-allied parties also in weekend polls. Dollar hits 5-week high on inflation worries; lira drops, baht soars 2023-05-15T04:00:00Z “The day that I waited for my bail approval, someone convicted of drunk driving walked in. He was fined 60,000 baht, and I was like, ‘What? Thai craft beer fancier fined for Facebook photo, review 2023-04-24T04:00:00Z The baht has depreciated 1.8% against the dollar so far this year. Thai exports drop less than expected in May, seen improving in second half 2023-06-27T04:00:00Z The Southeast Asian country is hoping to generate 1.5 trillion baht from up to 30 million tourists this year. Sharks, tourists jostle for space around Thai destination island 2023-03-27T04:00:00Z The crisis kicked off in Thailand, where authorities had to devalue the Thai baht after months of trying to defend the currency's peg to the dollar drained its forex reserves. Factbox: The biggest financial crises of the last four decades 2023-03-25T04:00:00Z A baht exchange rate of 34 to 35 per dollar is helpful for export prices despite falling export volumes, he added. Thai economy to grow 3.8% this year, inflation to ebb - minister 2023-02-25T05:00:00Z They turned bearish on the Thai baht , Asia's best-performing currency this year, the Singapore dollar and the Malaysian ringgit for the first time in three months. Bearish bets on Asian FX return on renewed woes over Fed rate hikes - Reuters poll 2023-02-23T05:00:00Z "The private sector said the baht was too strong but it's not very strong... the baht is strengthening on the fundamental of the economy that has started to recover," Thai finmin says pace of monetary tightening still "reasonable" 2023-02-13T05:00:00Z Investors also scaled back long bets on China's yuan , to a near one-month low, the Malaysian ringgit as well as Asia's best-performing currency this year, the Thai baht . Bullish bets on Asian FX ease as Fed rate-hike concerns weigh - Reuters poll 2023-02-09T05:00:00Z China's reopening has lit up other buying signals worldwide, sparking rallies for the Thai baht, Brazilian real and Australian dollar . Goldilocks is back! Markets start 2023 in red-hot form 2023-01-31T05:00:00Z The baht currency stood largely unchanged at 32.77 to the dollar after the announcement. Thai central bank raises key rate to 1.50% as expected 2023-01-25T05:00:00Z A favourite for Hussainy and other investors was the Thai baht. Analysis: China's rapid reopening brings joy and woe for world markets 2023-01-13T05:00:00Z The baht has appreciated about 2.2% against the dollar so far this year, becoming Asia's second-best performing currency after Indonesia's rupiah. Thai finmin says pace of monetary tightening still "reasonable" 2023-02-13T05:00:00Z "If the China reopening story gains a little bit more traction into Q2, then some of the Asian currencies, including the ringgit and the baht, could restart their appreciation again," Wong said. Bullish bets on Asian FX ease as Fed rate-hike concerns weigh - Reuters poll 2023-02-09T05:00:00Z The Singapore dollar has scaled 19-month highs this week and the Thai baht nine-month tops in anticipation of tourism picking up as China's borders open. Dollar stands firm while traders await CPI 2023-01-11T05:00:00Z The Thai baht has scaled six-month highs on tourism hopes as China drops quarantine for travellers. German inflation surprise hits brakes on dollar's slide 2023-01-04T05:00:00Z He said the strengthening of the rouble against the Thai baht had helped, as had his chain's hiring of some Russian-speaking staff. Russians flock to Thailand as tourism rebounds from collapse 2022-12-28T05:00:00Z Long positions on the Thai baht were at their highest level since late February, while those on the Singaporean dollar were highest since early February. Asian FX bulls return as easing China COVID curbs improves outlook 2022-12-15T05:00:00Z McIntyre has been increasing exposure to some Asian currencies, including the Thai baht and the Malaysian ringgit . Analysis: Investors look to emerging markets as planets align for end of dollar bull market 2022-12-06T05:00:00Z Meanwhile, short positions reversed on the Thai baht to levels last seen in early March while those on the Malaysian ringgit were on the verge of turning bullish. Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening 2022-12-01T05:00:00Z Some have consolidated more than others: recent intervention has boosted the yen, and the Thai baht has appreciated six weeks in a row. Morning Bid: PMI, PMI baby 2022-11-24T05:00:00Z The airline on Friday reported a third-quarter loss of 4.79 billion baht, down from a 40 billion baht profit the prior year that included a large one-off gain from the restructuring plan. Thai Airways to name new CEO as early as Jan 2023, acting head says 2022-11-11T05:00:00Z Short bets on the Philippine peso , Malaysian ringgit , Thai baht , Indonesian rupiah and Indian rupee inched higher from their already strong positions, signifying a growing weak sentiment, the fortnightly poll of 12 analysts showed. Bears fortify bets on Asian FX on resilient dollar, growth fears 2022-10-06T04:00:00Z Carlos Fernandez-Aller, head of Global FX and EM Macro trading at Bank of America, sees an eventual China reopening boosting the Thai baht, which he believes will benefit from an increase in tourism. Analysis: Investors look to emerging markets as planets align for end of dollar bull market 2022-12-06T05:00:00Z Down nearly 11% this year, the baht hit its lowest level in nearly 16 years on Wednesday. Thai c.bank to go for another modest 25 bps hike on Wednesday: Reuters poll 2022-09-26T04:00:00Z The greenback also notched new highs against regional currencies from the Aussie and New Zealand dollars to the offshore Chinese yuan and the Korean won, as well as the Singapore dollar and Thai baht. Dollar powers to new two-decade high on Fed outlook, Russia jitters 2022-09-22T04:00:00Z The Thai baht, Malaysian ringgit, Singapore dollar and Swedish crown all made major new lows. Dollar towering, stocks cowering as Fed hikes higher 2022-09-22T04:00:00Z Foreign tourism revenue from January to Aug. 28 came in at 186 billion baht from 4.2 million visitors, and 10 million arrivals are expected for the full year. Thailand looks to Indian weddings to boost tourism revenue 2022-08-31T04:00:00Z The baht, among the least shorted currency in the poll, looks set on a recovery path, having appreciated nearly 4% since the start of this month. Asian currency bears retreat as inflation view improves - Reuters poll 2022-08-11T04:00:00Z In emerging markets, the Bank of Thailand is expected to lift interest rates from record lows and the baht hung on to recent gains. Nervous calm as dollar braces for inflation test 2022-08-10T04:00:00Z Against Asian currencies the dollar held Friday gains that lifted it to its strongest levels in years on the Thai baht , Indonesian rupiah and Singapore dollar . Dollar holds firm as growth fears stalk markets 2022-07-04T04:00:00Z Short positions on the Thai baht were at their lowest since April, ahead of a key central bank meeting next week. Asia FX bears retreat slightly, China concerns persist - Reuters poll 2022-06-02T04:00:00Z Indian weddings in Thailand can cost 10 million to 30 million baht, as they can last up to a week and include everything from event planning to catering, decoration and transportation. Thailand looks to Indian weddings to boost tourism revenue 2022-08-31T04:00:00Z Market participants raised short positions on the Malaysian ringgit to their highest since late-August, while the position was the largest since early-December in case of the Thai baht . Asia FX bearish bets firm as central banks catch-up to Fed tightening: Reuters poll 2022-04-21T04:00:00Z The military leadership has also sought to relieve pressure on its foreign exchange reserves by encouraging the use of Thai baht, Indian rupees and Chinese renminbi, or yuan, for trade in border areas. Myanmar orders foreign money held by banks changed to kyats 2022-04-05T04:00:00Z The current level of the baht is “appropriate” and supports exports, Arkhom said. Thai economy may grow 3.0%-3.5% this year, interest rate to stay low - Finance Minister 2022-03-28T04:00:00Z Settlements in Thai baht will be done online according to regulations set by Myanmar’s central bank, it said in a statement. Myanmar OKs use of Thai currency in border trade 2022-03-15T04:00:00Z Danucha also noted the demographic trend could also strain government finances and experts have said welfare for the elderly is not seen as sufficient even today, with monthly allowances of 600 to 1,000 baht. Thailand bids to avert 'population crisis' as birth rate crashes 2022-03-07T05:00:00Z It says the real price is 35 baht per litre, which reflects the rise in prices globally. Thai truckers' protest at diesel prices clogs capital 2022-02-08T05:00:00Z Rising Omicron cases are also causing jitters and in emerging markets the Thai baht fell 1% against the dollar on Thursday after the country raised its virus alert level, foreshadowing tighter restrictions. Dollar riding high on hike bets ahead of payrolls report 2022-01-07T05:00:00Z The baht surged the most in more than two weeks. Thailand eases rules for vaccinated visitors to save tourism 2021-10-12T04:00:00Z Workers from Myanmar in Thailand pay traders with their Thai baht earnings, who in turn give kyat to family members in Myanmar and use the baht to buy U.S. dollars. Myanmar's economic crisis fuels underground currency trading 2021-10-01T04:00:00Z Short bets on the South Korean won climbed to their highest level since March last year, while bear positions rose significantly in the Thai baht and the Philippine peso. Short bets on Asian currencies creep up on Fed taper outlook: Reuters poll 2021-09-23T04:00:00Z The baht is not out of woods yet, however, analysts at DBS Bank said while highlighting Thailand's flip to a current account deficit since last year and potential policy normalisation from the Fed. Easing virus woes lift Asia FX view; baht bears at 6-month low 2021-09-09T04:00:00Z So how did he amass such wealth, at the age of 39, on a salary of just 43,000 baht - or just over $1,000 - a month? Jo Ferrari: The high-rolling life of Thailand's controversial ex-police chief 2021-09-05T04:00:00Z Companies with revenue of over 1.8 million baht will have pay VAT of 7%, which has to be paid every month, he said. Thailand to start collecting tax from foreign tech firms 2021-09-01T04:00:00Z Elsewhere, short bets were largely trimmed on the Malaysian ringgit, the Philippine peso, and the Thai baht, the poll of 10 respondents on Asian currencies showed. Bearish bets soften on Asian FX as U.S. dollar eases: Reuters poll 2021-08-26T04:00:00Z Bearish bets on the baht were at their highest since August 2015, after the Bank of Thailand last week downgraded the trade and tourism-reliant country's growth forecast for the third time this year. Bearish bets held steady on Asian FX as virus woes persist: Reuters poll 2021-08-12T04:00:00Z "Thailand's need for external financing is coming at a potentially challenging period. The Thai baht is therefore vulnerable to any surprise in the Fed's hawkish tilt," they said. Easing virus woes lift Asia FX view; baht bears at 6-month low 2021-09-09T04:00:00Z For low yielders like the Korean won and Thai baht, gains are expected in the short-term and over 4% each in 12 months, a sign of favour for less risky currencies. Roller coaster ride for EM currencies to roll on 2021-08-05T04:00:00Z The ministry’s target of 5 billion baht of additional revenue is a minimum because that goal was derived before the pandemic. Thailand to start collecting tax from foreign tech firms 2021-09-01T04:00:00Z Short bets on the baht were at their lowest since July, even as the currency weakened more than 9% and is the worst-performing unit in the region so far this year. Bearish bets soften on Asian FX as U.S. dollar eases: Reuters poll 2021-08-26T04:00:00Z "Externally, the baht is not immune to the U.S. Federal Reserve's hawkish tilt," they added. Bearish bets held steady on Asian FX as virus woes persist: Reuters poll 2021-08-12T04:00:00Z Elsewhere the dollar continued its march higher on Asia's emerging market currencies, sending the tourism-dependent Thai baht to a fresh 15-month low and the Malaysian ringgit to its lowest in nearly a year. Dollar firm as Delta virus threat looms over 'Freedom Day' 2021-07-19T04:00:00Z THG, which also operates hospitals in Cambodia and Myanmar, booked losses of 215 million baht in the first quarter this year, taking a hit from the pandemic and drop off in medical tourists. Thai hospital tycoon sticks to guns on vaccine claims 2021-07-16T04:00:00Z The Thai baht , among the currencies most battered by the dollar's strength and the pandemic's resurgence, tracked toward a fifth consecutive weekly loss as tourism-dependent Thailand posted record infections. Dollar on course for weekly gain; kiwi leaps with inflation 2021-07-16T04:00:00Z Investors also remained short on the Thai baht . Long bets on yuan near six-month high; ringgit bears firm 2021-06-03T04:00:00Z Short bets on South Korea's won , the Taiwanese dollar , Malaysia's ringgit , and the Thai baht were at their highest since April 8, while investors were the most bearish on Singapore's dollar since March 25. Asia FX bears return as virus thwarts economic rebound 2021-05-20T04:00:00Z At an investment of around 100 million baht, she said the cost was not high because the company already owned the land. Hempburger to go? Thai consumer goods firms pile into legal cannabis trade 2021-03-12T05:00:00Z China’s reaction will also be watched closely, while Thailand’s statement that it is watching the baht’s rise “24 hours a day” highlights the building tensions. Analysis: Is a post-COVID currency war coming? 2020-12-04T05:00:00Z Authorities in Thailand and China are also actively massaging gains in the baht and yuan. Take Five: Deal or no deal 2020-11-20T05:00:00Z Deutsche Bank manages a “vaccine basket” of Singapore dollars and Thai baht, seen benefitting from increased trade and tourism, against the Philippine peso, which is weighed by rising imports. Investors bet vaccine sparks revival in beaten down stocks 2020-11-09T05:00:00Z It said it offered to sell its stake in NokScoot to Nok Air for a nominal sum of 1 Thai baht, but it was not taken up. Thai low-cost airline NokScoot shuts down amid losses 2020-06-26T04:00:00Z It said it offered to sell its stake in NokScoot to Nok Air for a nominal sum of 1 Thai baht, but it was not taken up. Thai low-cost airline NokScoot shuts down amid losses 2020-06-26T04:00:00Z The package will provide liquidity for the airlines, Tassapon said, adding that they were looking for a 6.25 billion baht disbursement, worth a quarter of the credit facility, to begin this month. Eight Thai airlines seek $770 million government assistance 2020-04-24T04:00:00Z On Tuesday the government in Thailand approved 225 million baht to produce 50 million cloth masks within 10 days. Across Asia, countries race to boost face mask supplies 2020-03-06T05:00:00Z The 26-GHz licenses were worth a total of 11.63 billion baht, and the winning firms are required to pay the full amount within one year. Thailand raises $3.2 billion at 5G license auctions 2020-02-16T05:00:00Z Many of those convinced to join Tippaveth’s scheme would reportedly start by paying 1,000 baht which they were told would be invested in cosmetics and film businesses. Thai woman duped investors out of millions in Ponzi scheme, say police 2019-11-02T04:00:00Z “The new rule ... will hurt the children and their parents who earn tens of thousands of baht from boxing in what is a national sport,” Somchart said. Death of Thai boy inflames debate on Muay Thai's young dreamers 2018-11-13T05:00:00Z Instead, the bitcoins were cashed into Thai baht and deposited into 51 bank accounts belonging to seven people, with some of the money used by the Jaravijits to buy land in and near Bangkok. Thai police extend probe into bilking of bitcoins from Finn 2018-08-26T04:00:00Z On the other is the Asian financial crisis of 1997-1998, which began with Thailand burning through its meager foreign currency reserves to defend the baht. Sinking Turkish Lira, Indian Rupee Raise Specter of Contagion 2018-08-14T04:00:00Z In 1997, the collapse of the Thai baht set off a financial crisis throughout East Asia. Why Turkey’s Financial Crisis Matters Outside Turkey 2018-08-13T04:00:00Z Some individuals were convinced to invest millions of baht each. Thai woman duped investors out of millions in Ponzi scheme, say police 2019-11-02T04:00:00Z The baht crisis rippled into other Asian economies. George Soros Bet Big on Liberal Democracy. Now He Fears He Is Losing. 2018-07-17T04:00:00Z Think Thailand in 1997; a run against the Thai baht ultimately led to crises in South Korea, Indonesia, Russia and Brazil. Opinion | Why the financial crisis in Argentina matters 2018-05-13T04:00:00Z Thailand might be worried about America’s response to further monetary easing, which would help reverse the baht’s recent strength. The next Japan is not China but Thailand 2018-04-05T04:00:00Z That seemed aimed at encouraging capital outflows to cap the baht, which is at four-year highs. As U.S. rattles saber on trade, Asia bites its tongue on soft dollar 2018-02-07T05:00:00Z Arrest warrants accused them of indecent exposure, a criminal offense that carries a fine of up to 5,000 baht, or about $150, according to the Bangkok Post. San Diego couple arrested in Bangkok after exposing buttocks at temple 2017-11-29T05:00:00Z When pressed, Soros has said that if he hadn’t gone after the British pound or the Thai baht, someone else would have. George Soros Bet Big on Liberal Democracy. Now He Fears He Is Losing. 2018-07-17T04:00:00Z But without a medical certificate, the court rejected that claim, issued a warrant for her arrest and ordered the forfeiture of her bail, 30 million Thai baht. Thailand’s Ex-Leader Leaves Supporters in Limbo After Disappearing During Trial 2017-08-27T04:00:00Z Until July 2nd, that includes an exhibition on the Asian financial crisis, which began on that date 20 years ago, when the Thai baht lost its peg with the dollar. What Asia learned from its financial crisis 20 years ago 2017-06-29T04:00:00Z That seemed aimed at encouraging capital outflows to cap the baht, which is at four-year highs. As U.S. rattles saber on trade, Asia bites its tongue on soft dollar 2018-02-07T05:00:00Z Thailand’s boom of the mid-1990s, fueled by unrestrained borrowing and a corrupt, lax finance system, collapsed on July 2, 1997, when the government devalued the baht. 20 years on, scars from Asian financial meltdown linger 2017-06-28T04:00:00Z If that was the case, indigestion was inevitable, and it came in 1997, when Quantum was at the center of a speculative attack on the Thai baht. George Soros Bet Big on Liberal Democracy. Now He Fears He Is Losing. 2018-07-17T04:00:00Z “They issued an arrest warrant against you. They announced they took your bail money of 30 million Thai baht. This is like stepping on my heart.” Thailand’s Ex-Leader Leaves Supporters in Limbo After Disappearing During Trial 2017-08-27T04:00:00Z The initiative was set up after the crash of the Thai baht in 1997 triggered a regional financial crisis. Japan, ASEAN countries mull ways to counter financial crises 2017-05-05T04:00:00Z The previous record price, 23,500 baht, was for a half-moon Betta, he said. Siamese fighting fish in colours of Thai flag sells for £1,200 2016-11-17T05:00:00Z The government is also organizing 80 billion baht in soft loans from commercial banks to support rice millers and exporters. Ousted Thai Leader Likens Failed Rice-Subsidy Program to Junta’s Current Policy 2016-11-04T04:00:00Z It is printed with metallic gold ink, instead of the red in the regular 100 baht bill. Thais buy commemorative currency note honoring late king 2016-10-18T04:00:00Z His profile is on all denominations of the baht, the Thai currency. A Tense Thailand Mourns Its King—and Fears for Its Future 2016-10-14T04:00:00Z Analysts say they expect the Bank of Thailand is prepared to intervene, if need be, to support the baht. Likely impact of Thai king's death on economy unclear 2016-10-13T04:00:00Z On Thursday, Kachen, a convenience store owner, said he expected the fish to sell for a few thousand baht. Siamese fighting fish in colours of Thai flag sells for £1,200 2016-11-17T05:00:00Z Another group of farmers tried to hand Ms. Yingluck a plastic bag stuffed with 20 baht notes, some crying as they did so. Ousted Thai Leader Likens Failed Rice-Subsidy Program to Junta’s Current Policy 2016-11-04T04:00:00Z But this week’s two bulletins triggered sharp slides in the stock market and the value of the Thai baht in a country where the military took power in 2014 after years of political turmoil. Thailand’s longtime king, a figure of unity and stability, gravely ill 2016-10-12T04:00:00Z Thailand’s stock index fell as much as 3.6% on Monday and the baht currency dropped to its lowest level in more than two months. King of Thailand in Unstable Condition 2016-10-10T04:00:00Z Thailand’s main stock index fell 2.9 percent on Monday, and the Thai baht sank to a two-month low against the dollar. Health of Thailand's ailing 88-year-old king deteriorates 2016-10-10T04:00:00Z Thailand’s main stock index tumbled as much as 3.6% on Monday and the local baht currency fell to more than two-month lows. Thai king in 'unstable' condition after blood purification treatment 2016-10-10T04:00:00Z It now fetches 8,000 baht, thanks to the fall in global prices and the removal of the government’s price floor. The dangers of farsightedness 2016-09-29T04:00:00Z Natural Fruit also filed two civil claims against Mr. Hall totaling 400 million baht, or $11 million. Thai Court Convicts U.K. Activist of Defaming Pineapple Company 2016-09-20T04:00:00Z After slashing interest rates twice last year, the central bank held back last week on further cuts that might push the baht still lower, to preserve "policy space" in case conditions worsen. Thai economy feels sting from political uncertainty 2016-08-06T04:00:00Z Choosing when to change your hard-earned spending money into euros, or dollars or Thai baht, always involves taking a bit of a punt on which way the pound is moving. Should I get my holiday money now or after the referendum? - BBC News 2016-06-17T04:00:00Z Long lines formed outside banks to buy for 100 baht a special commemorative 70-baht banknote, worth about $2 -- encased in a yellow paper frame, the color of the royalty. Thai king marks 70 years on the throne - from hospital bed 2016-06-09T04:00:00Z Earlier this week, Delta reported a 20 percent fall in first-quarter net profit, with sales in baht terms rising 2 percent. Thai Delta Electronics puts acquisition plans on hold 2016-04-27T04:00:00Z He was released after paying a fine of 150,000 baht, or $4,300. Thai Court Convicts U.K. Activist of Defaming Pineapple Company 2016-09-20T04:00:00Z In the summer of 1997, the free fall of the Thai baht sparked a domino effect that spread across the Asian markets, and quickly set off a global financial meltdown. Six groundbreaking Ferraris were built for a prince. Only one escaped the jungle 2016-04-06T04:00:00Z Investors fleeing from Thailand, for instance, converted their baht to dollars on their way out. Fight or flight 2016-01-14T05:00:00Z Mr. Itthipat made his first million baht before he was 20 years old. Thai Fried Seaweed King Is on a Roll 2015-12-01T05:00:00Z Even more curious that it happened while regional currencies like the Indonesian rupiah and Thai baht continued to fall. Malaysia's 1MDB in China power deal that's moving markets - BBC News 2015-11-25T05:00:00Z The court granted him bail at 150,000 baht, or just over $4,200, according to the Free Thai Legal Aid group. Thailand Arrests Elderly Teacher Who Gave Activist Flowers 2015-10-27T04:00:00Z Thailand’s baht slid to its weakest in over eight years. Asian Shares Slide; Japan Gives Up Gains for Year 2015-09-29T04:00:00Z When the government ran short of greenbacks, it had no option but to repay investors with many fewer dollars per baht. Fight or flight 2016-01-14T05:00:00Z The former teacher, identified as Decha Pradit, told police that he paid his young students 10 baht, the equivalent of 30 U.S. cents, and told them not to tell their parents, police Col. Thai teacher arrested after US tip-off on obscene photos 2015-09-20T04:00:00Z The Australian dollar, Singaporean dollar and Thai baht each stayed near six-year lows against the U.S. dollar. Asian Shares Watch China Data for Cues 2015-09-08T04:00:00Z And the Thai baht and Singaporean dollar were roughly flat against the U.S. dollar. Asian Shares Start the Week Lower 2015-08-31T04:00:00Z The meltdown in Asia was set off when Thailand floated the baht in 1997, setting off a domino effect in the region where one by one, currencies fell against the US dollar. Worries about a full-blown crash could be a bit premature - BBC News 2015-08-21T04:00:00Z Reacting to the bombing, Thailand’s baht currency slumped to a more than six-year low and shares fell in Bangkok. Bangkok bomb: Thai police hunt 'accomplices' of backpack suspect 2015-08-19T04:00:00Z The Thai baht THB=TH fell to its weakest in more than six years on concern the bombing may scare off visitors. Thai authorities focus on suspect seen in CCTV footage at blast site 2015-08-18T04:00:00Z Reacting to the bombing, Thailand’s baht currency slumped to a more than six-year low on Tuesday and shares fell in Bangkok. Bangkok bomber is man seen dropping backpack, Thai police say 2015-08-18T04:00:00Z In a surprise move last week, China devalued its currency by 2%, triggering falls in other Asian currencies such as the Malaysian ringgit, South Korea’s won and the Thai baht. Investors Take a Shine to Gold After Yuan Devaluation 2015-08-18T04:00:00Z The Thai baht fell to its weakest level in more than six years on Tuesday on concerns that the blast may deter visitors. Thailand says can't rule out any group for Bangkok bomb, death toll at 22 2015-08-17T04:00:00Z The Thai baht THB= fell 0.3 percent, hitting a fresh six-year low, after a bomb blast in Bangkok on Monday killed 19 people, including three foreign tourists. Asian shares steady for now after mixed U.S. data 2015-08-17T04:00:00Z But after returning to port, he contacted Stella Maris, which began raising the 25,000 baht, roughly $750, needed to buy Mr. Long’s freedom. ‘Sea Slaves’: Forced Labor for Cheap Fish 2015-07-27T04:00:00Z Thai Airways aims to cut operating costs by up to 9 billion baht this year, Charumporn said. Thai Airways to cut 1,401 jobs, suspend flights to U.S. 2015-07-26T04:00:00Z Indonesia’s rupiah hit a fresh 17-year low against the dollar Thursday, while Thailand’s baht accelerated its recent slide, hitting its weakest in more than five years. Unlucky Emerging Markets Don’t Get Lift From Weak Currency 2015-07-23T04:00:00Z In other currency markets, Thailand’s baht extended its losses, falling to its weakest in six years against the resurgent U.S. dollar, while South Korea’s won hit its weakest point since June 2013. China Stocks Turn Higher 2015-07-21T04:00:00Z The devaluation of the Thai baht in July sparked a chain of devaluations across South East Asia. Financial crises: The devastating fallout - BBC News 2015-05-24T04:00:00Z The pound is also gaining ground around the world, especially against popular holiday currencies such as the Turkish lira and the Thai baht. Euro sales boom ahead of holidays - BBC News 2015-05-04T04:00:00Z Sentiment on the Thailand's baht THB=TH became the most pessimistic since mid-December as the Bank of Thailand also slashed its benchmark interest rate THCBIR=ECI. Fed rate hike view hurts Asia FX sentiment; yuan exception: Reuters poll 2015-03-19T04:00:00Z The winners will share a 200,000 baht cash prize and were each awarded a certificate from the Guinness Book of World Records. Couples in Thailand dance their way to world record 2015-02-14T05:00:00Z Still, the central bank ultimately backed away from trying to defend their overvalued currency, and the Thai baht consequently fell more than 50%. Capital Flight From Russia Good For Dollar And Stocks 2014-12-17T05:00:00Z On Tuesday police showed reporters pictures of goods worth millions of baht allegedly found in their homes. Top Thai policeman 'defamed royals' 2014-11-25T05:00:00Z He was finance minister in the military-installed government following the 2006 coup that introduced strict - and, after the stock market tanked, short lived - capital controls to prop up the Thai baht. Special Report: Option B - The blueprint for Thailand's coup 2014-05-30T04:00:00Z Weary investors have generally taken Thailand's upheavals in their stride and the baht started trading in the onshore market slightly firmer on Friday at around 32.50 per dollar. Thai army chief summons ousted PM for talks a day after coup 2014-05-23T04:00:00Z Meanwhile the currency fell by as much as 0.6% to 32.52 Thai baht against the US dollar earlier in the day. Thailand martial law hits stocks 2014-05-20T04:00:00Z That forced the government to grapple with securing 120 billion baht—about $3.7 billion—to pay farmers. Thai Leader Defends Herself Over Subsidy 2014-03-31T14:22:14Z It will also provide fixes related to the Indian rupee, the Korean won and the Thai baht. DealBook: R.B.S. to Reduce Foreign Exchange Benchmark Offerings 2014-01-28T15:10:51Z The only other fixes the bank said in the letter it was still offering were the Bank of India's rupee RBI Reference Rate, the dollar-won fix and the Thai baht Weighted Average Interbank Exchange Rate. RBS cuts some forex fixings services as global probe continues 2014-01-28T12:47:14Z "Given that Thailand is a net oil importer, any further baht weakening due to portfolio outflows or additional rate cuts would add to inflationary pressure," she said. Thailand Seen Cutting Rates as Unrest Continues 2014-01-21T09:13:16Z Thailand's currency the baht and Thai shares fell on Tuesday after the army imposed martial law in an attempt to restore stability. Thailand martial law hits stocks 2014-05-20T04:00:00Z Nor is the weak baht - down about 6 percent against the dollar since the start of November - helping Thai exporters much, said SCB's Sutapa. As Bangkok 'shutdown' looms, Thailand's 'Teflon' economy put to the test 2014-01-09T22:07:27Z The Supreme Court may rule on Thursday on a separate 350 billion baht flood-management program, already suspended by the courts because of the need for environmental studies. Thai anti-government protesters march, consumer confidence slumps 2014-01-09T06:30:55Z Bearish bets on the Thai baht are at their highest in nearly two years as the political crisis escalates, according to a Reuters poll released on Friday. Thai economy at risk as political rivals vow mass rallies 2014-01-03T10:43:17Z The baht fell to an almost four-year low against the U.S. dollar low on Monday. Thai protesters vow to hound PM, cling to promise to thwart poll 2013-12-24T11:53:48Z Traders said the baht was helped a little by the navy chief's comments. Thai government says protest leader must surrender, no talks 2013-12-04T14:56:58Z Thai financial markets were weak relative to other markets in Asia, and the baht currency slid slightly against the U.S. dollar. Thai protesters seeking to topple PM clash again with police 2013-12-02T05:15:01Z Southeast Asian currencies also rallied with Thailand's baht rising as much as 2.5% against the greenback, while Indonesia's rupiah rose 2.4%. Asian Markets Jump After Fed Keeps Stimulus 2013-09-19T04:20:12Z "The current weakness of the Thai baht is a bit of a worry," Finance Minister Kittirat told reporters. Thai economy at risk as political rivals vow mass rallies 2014-01-03T10:43:17Z The Thai baht, Malaysian ringgit and Singapore dollar were all trading markedly higher. Asian shares jump, yields and dollar fall as Fed stuns 2013-09-19T01:09:11Z The Thai baht too fell to three-year lows, forcing the central bank to reassure markets it would act if needed, while the Korean won fell to two-week lows. Emerging market sell-off worsens, more pain ahead 2013-08-22T11:33:58Z Earlier this year, TCC Land raised the size of its Thai Commercial Investment fund TCIFu.BK to 27 billion baht from almost 2 billion baht. Thai tycoons plan to raise $891 million from property funds 2013-08-05T07:33:12Z I don't get paid for it - they just pay my taxi fare - about 300 baht. My day: Cosmetic surgeon 2013-07-25T00:03:03Z A study published last year by Kasikorn Research Center, an arm of a local bank, pegged money circulating in the monk-supply business at about 10 billion baht. Megastore for Thai Monks Brings One-Stop Retail to Buddhism 2013-07-23T02:36:25Z Benchmark rates for the Malaysian ringgit, Vietnamense dong, and swap offer rates for the Indonesian rupiah and Thai baht will be scrapped. Singapore reprimands 20 banks after benchmark rate review 2013-06-14T12:56:04Z Last week, Thailand's central bank said it was ready to implement capital controls to cool the baht further. Asian Debt Hit on Two Sides 2013-06-08T00:39:35Z Elsewhere, China is moving to curb bets on the rising yuan, while Thailand is considering efforts to curb the strongest baht since the 1997 Asian Financial Crisis. Asia at War With Strong Currencies 2013-05-08T15:14:03Z The Thai finance minister also recently voiced his concern that the Thai baht was too strong. Asia-Pacific Nations Push to Rein In Rising Currencies 2013-05-08T14:09:30Z To mark her 72nd birthday—an auspicious year in Thai Buddhism—she dropped two million baht. Megastore for Thai Monks Brings One-Stop Retail to Buddhism 2013-07-23T02:36:25Z Feeding the birds and beasts at government centers across the country costs about 1.7 million baht, or $57,000, a month. Thailand Cracks Down on Wildlife Trafficking, and Faces a Noah’s Ark-Size Burden of Care 2013-02-05T02:17:37Z It is also a rich source of petty corruption: Mr. Noppanant estimates that the police get 11 billion baht, or $362 million, in bribes and protection money from the underground lottery every year. Deadly Car Crash? Time to Play the Thai Lottery 2013-01-03T00:35:17Z The central bank issued a statement on April 30 noting that the "rapid appreciation" of the baht was "not justified by economic fundamentals." Asia at War With Strong Currencies 2013-05-08T15:14:03Z Perhaps more important for the status of women, in February she set up a 7.7 billion baht, or $250 million, development fund for Thai women aged 15 and over. The Female Factor: Small Steps for Women in Asian Life 2012-11-06T11:07:42Z On Tuesday, it put the cost of rice intervention for the fiscal and crop year from October 2011 at 80 billion baht, a fifth of the projected budget deficit. Untenable Thai rice scheme puts populist PM in bind 2012-10-09T21:04:06Z For the period from October, it plans to set aside another 300 billion baht, which is equivalent to the total planned budget deficit for fiscal 2012/13. Analysis: Disastrous intervention puts Thai rice exporters in peril 2012-08-08T21:11:41Z The local stock market and the baht reacted positively to the ruling, which eased concerns about political stability that weighed on Thailand's financial markets. Ruling Thai Party Wins Court Case 2012-07-13T20:39:21Z The scandal that engulfed Bangkok Bank of Commerce caused a run on bank deposits and led to the bank's collapse, contributing to the devaluation of the baht and the regional crisis. Thai court jails banker over 1990s crisis-era fraud 2012-06-08T08:47:07Z The company will sell 15 billion baht of baht-denominated bonds in May and will raise a further 10 billion baht through loans or by selling debt in the third quarter, he said. PTT Earnings Miss Estimates as Global Slowdown Narrows Margins 2012-02-17T12:05:04Z Tesco plans to raise about 17 billion baht by selling shares in a Thai property fund, the company’s local unit said on Feb. 9. Thai Mutual-Fund Assets to Accelerate in 2012 on Infrastructure 2012-02-17T05:50:08Z The central bank earlier said it planned to disburse 300 billion baht of so-called soft loans. Thailand May Say GDP Shrank After Floods Buffeted Honda 2012-02-17T01:50:02Z The company will pay a dividend of 1 baht a share from its second-half operations, compared with 0.55 baht a year earlier. Bangchak Climbs to Five-Month High on Profit: Bangkok Mover 2012-02-15T09:42:26Z The cost of the disaster is about 1.43 trillion baht, according to the finance ministry’s estimate. Thai Stocks May Extend Gains on Spending, Top Analyst Says 2012-02-09T05:29:01Z PTT said sales jumped 21 percent to 595.4 billion baht in the quarter ended December on higher oil prices and sales volume. PTT Earnings Miss Estimates as Global Slowdown Narrows Margins 2012-02-17T12:05:04Z Assets of property funds climbed 19 percent to 101.9 billion baht. Thai Mutual-Fund Assets to Accelerate in 2012 on Infrastructure 2012-02-17T05:50:08Z The shares gained 4 percent to 13 baht at the noon break in Bangkok, heading for the highest close since Sept. Ticon Industrial Rises on Profit Rebound Outlook: Bangkok Mover 2012-02-02T18:35:55Z The company will offer to buy those stocks at 5 baht each, 45 percent higher than yesterday’s closing price. Lee Feed Rises Most Since 2003 on Share Buyback: Bangkok Mover 2012-01-27T06:11:41Z The shares gained 2.4 percent to 13 baht as of 10:05 a.m. local time, set for the highest close since May 20. Exxon’s Thai Unit Rises to 8-Month High on Share Sale Report 2012-01-25T08:14:26Z The share of income from its investments and affiliates dropped 56 percent to 3.34 billion baht, mainly due to narrower refining margins and lower petrochemical prices, it said. PTT Earnings Miss Estimates as Global Slowdown Narrows Margins 2012-02-17T12:05:04Z The government plans to spend 350 billion baht on flood defenses. Thai Rice Production Seen Climbing to Record After Floods 2012-01-19T09:23:06Z The South Korean won and the Thailand baht weakened before a report tomorrow that may show China’s economy expanded at the slowest pace in almost two years. Stocks, French Bonds Advance Following Debt Sale; Euro Weakens 2012-01-16T20:59:01Z It traded at 4.32 baht as of 11:45 a.m. local time, set to be the best performer on the 485-member SET Index. Lee Feed Rises Most Since 2003 on Share Buyback: Bangkok Mover 2012-01-27T06:11:41Z The South Korean won fell by the most in more than a week while Thailand’s baht retreated to a 17-month low as Europe’s debt crisis clouded the prospects for a global economic recovery. Euro Falls for 2nd Day as S&P Cuts Ratings, Greek Talks Resume 2012-01-16T15:28:04Z The company will report a 37 percent gain in net income to 1.50 billion baht for this year, according to the median of 15 analyst estimates compiled by Bloomberg. Shipping Crash Survivor Turning Profit as Fleet Expands: Freight 2012-01-10T00:37:29Z For plants that generate 10 MW and under, the law assures producers market price plus 8 bahts/kWh for the next 10 year. Thailand Opens The First of Fifteen Solar Thermal Plants Using Solarlite Technology 2011-12-31T20:57:26Z The government paid 45 billion baht in interest on the debt this year, Thirachai said today. Thai Government Scraps Plan to Transfer Debt to Central Bank 2011-12-31T09:14:07Z Thirachai, the finance minister, suggested allowing the use of interest from the country’s $167 billion in foreign reserves, amounting to 25 billion baht this year, for debt payments. Asia Crisis Haunts Thailand With Clash Over $35 Billion Debt 2011-12-30T03:22:05Z Thailand’s Cabinet this week approved a proposal to borrow 350 billion baht to set up a fund for long-term water-management projects following the floods. Thai Central Bank May Be Saddled With Debt in Flood-Cost Row 2011-12-30T00:34:52Z He was initially denied bail, but the court released him after he pledged a bond of six million baht of his assets. Thai court jails, then bails firebrand "red shirt" 2011-12-28T11:17:04Z India’s rupee led declines in Asian currencies this year, falling 15 percent against, followed by a drop of 4.2 percent in Thailand’s baht and 3.8 percent in Taiwan’s dollar. Asian Dollar Bonds Favored by UOB, Mizuho on Currency Concern 2011-12-23T01:04:08Z In the year after the 1997 devaluation of the Thai baht, for example, emerging-market stocks lost almost a quarter of their value. How to Play the Central-Bank Rescue 2011-12-03T04:12:25Z The National Economic and Social Development Board said the damage may reach 300 billion baht, while Barclays Plc estimated as much as 400 billion baht, or 4 percent of gross domestic product. Thailand May Set Up Public Fund to Help Flood-Stricken Insurers 2011-11-30T07:23:31Z Thirachai, the finance minister, suggested allowing the use of interest from the country’s foreign reserves, amounting to 25 billion baht this year, for debt payments. Thai Central Bank May Be Saddled With Debt in Flood-Cost Row 2011-12-30T00:34:52Z Thailand’s baht declined toward its weakest level in 15 months this morning. Rate Cuts Loom From Thailand to Philippines on Europe Impact 2011-11-29T08:32:46Z The cost of the flood damage may amount to 400 billion baht or about 4 percent of GDP, according to Barclays Plc. Thailand Says GDP May Shrink 3.7%, Adding to Rate-Cut Case 2011-11-21T06:51:12Z Yingluck has proposed spending 130 billion baht on reconstruction and steps to prevent future floods. Thai Floods May Take Months to Recede, Delaying Factory Restarts 2011-11-15T23:48:27Z It is going ahead with a 20 billion baht project to build an environmentally friendly "eco car" in Thailand and is on track for production to begin in March 2012. Two Bangkok industrial parks hold out against flood 2011-11-15T09:47:57Z Japanese direct investment in Thailand jumped 35 percent to about 100 billion baht in 2010, led by the auto, metals and machinery industries, according to the Thai Ministry of Industry’s Board of Investment. Thai Floods May Shift Japan’s Investment to Indonesia, Vietnam 2011-11-14T15:42:02Z Wages in Bangkok and six other provinces will rise to 300 baht a day by April 1, Somkiat Chayasriwong, the labor ministry’s permanent secretary, said last month. Thai Floods Won’t Delay Minimum Wage Raise Plan, Kittiratt Says 2011-11-13T17:22:01Z Thailand’s baht hit a one-week low as the worst floods in almost 70 years threatened Bangkok’s central business district. Asian Currencies Slide on Europe Debt Crisis, Weaker Exports 2011-11-10T04:50:11Z Prime Minister Yingluck Shinawatra proposed today spending 130 billion baht to help flood victims and rebuild damaged roads, bridges and buildings. In Thai Flood's Path: Japan Inc. 2011-11-09T10:13:59Z The floods may cut domestic tourism revenue by at least 10 billion baht, said Piyaman Tejapaibul, chairwoman of the Tourism Council of Thailand. Bangkok Tourists Vanish on Floods Leaving Shangri-La Bar Empty 2011-11-06T17:43:57Z “To start immediately talking, even before you’ve taken care of the people, of spending almost a trillion baht smacks of opportunism.” Yingluck Banks on $26 Billion Plan After Thai Flood ‘Stumble’ 2011-11-03T22:24:28Z Deputy Prime Minister and Commerce Minister Kittirat Na Ranong said the government would need to borrow "hundreds of billions of baht" to recover and prevent a repeat of disaster during the annual rainy season. Thai flood frustration grows, cabinet eyes recovery 2011-11-01T09:11:02Z They may reach 200 billion baht to 300 billion baht, equivalent to 2 percent to 3 percent of gross domestic product, he said. ‘Mob Rule’ Threatens Bangkok With Flooding, Governor Warns 2011-11-01T08:32:43Z About 100 billion baht will need to be spent in the next 12 months to renovate flooded industrial estates, he said. Thai ‘Credibility’ at Stake as Factories Soak in Flood Plain 2011-10-31T02:41:04Z The council has yet to estimate the impact to revenue from overseas tourists, worth about 600 billion baht annually, she said. Bangkok Tourists Vanish on Floods Leaving Shangri-La Bar Empty 2011-11-06T17:43:57Z Thailand’s floods may cause about 140 billion baht of financial damage to manufacturers in seven industrial estates, according to the government’s insurance regulator. Bangkok Braces for Evacuations as High Tide Worsens Thai Floods 2011-10-27T21:22:56Z Thailand’s floods may cause about 140 billion baht of financial damage to manufacturers in the seven industrial estates, the government’s insurance regulator said. Thai Flood May Lead to $2.5 Billion Payout by Japanese Insurers 2011-10-27T05:43:03Z The floods may cause about 140 billion baht of financial damage to manufacturers in seven industrial estates, Chantra Purnariksha, secretary-general of the Office of Insurance Commission, told reporters in Bangkok yesterday. HSBC Chief Uses Submarine Past as Expats Flee Flood-Hit Bangkok 2011-10-26T17:22:44Z The cost of helping companies recover and build new infrastructure to divert water could be as much as 500 billion baht, according to Pongsak Assakul, vice chairman of the Thai Chamber of Commerce. Thai ‘Credibility’ at Stake as Factories Soak in Flood Plain 2011-10-31T02:41:04Z Thailand’s baht held a two-day gain as investors boosted holdings of the nation’s assets. Yen Maintains Gain After Climbing to Record Before Euro Summit 2011-10-26T04:52:02Z The central banks of Japan and Thailand said on Tuesday they were looking at a mechanism to offer funds in baht backed by Japanese government bonds to help affected Japanese firms. Thailand calls holiday to allow escape from floods 2011-10-25T13:41:48Z Under the plan, Japanese banks would borrow baht from Thailand’s central bank and lend to Japanese companies operating in the country, Okubo said. Japan Plans Baht Loans to Aid Companies Hurt by Thai Floods 2011-10-25T09:29:02Z “Sentiment for the baht may continue to be weak.” Rupee Leads as Asian Currencies Drop on Faltering Growth, Europe 2011-10-22T00:10:02Z Thai stocks this month have climbed 6.2 percent and the baht advanced 1.5 percent, mirroring gains in the region after European leaders agreed to expand a bailout fund to stem the region’s debt crisis. Thai ‘Credibility’ at Stake as Factories Soak in Flood Plain 2011-10-31T02:41:04Z He said today the disaster may erase 100 billion baht off GDP because of lower output and the figure excludes loss of assets. Thai GDP May Shrink This Quarter, Prasarn Says After Rate Pause 2011-10-20T06:07:03Z The 300 baht minimum will apply in Bangkok and six other well-off provinces, including the tourist island of Phuket. Thais count floods cost, Bangkok warned crisis not over 2011-10-18T04:32:32Z The banks would provide bonds as collateral for the baht funds, he said. Japan Plans Baht Loans to Aid Companies Hurt by Thai Floods 2011-10-25T09:29:02Z The reconstruction budget will be increased to 130 billion baht from an earlier estimate of 80 billion baht, Worawit told reporters in Bangkok yesterday. Bangkok Leader Calls for Sandbags as Floods Besiege Thai Capital 2011-10-17T17:22:03Z Slowing export growth and flood costs that Moody’s Investors Service estimates at 200 billion baht, equivalent to 2 percent of gross domestic product, may compel Thailand to cut interest rates. Thai ‘Credibility’ at Stake as Factories Soak in Flood Plain 2011-10-31T02:41:04Z Japan and China both offered 30 million baht, he said. Thailand Protects Bangkok From Flooding, 10 Provinces ‘Critical’ 2011-10-16T00:31:01Z Government, employer and worker representatives came up with a compromise on Monday, agreeing to a big 40 percent rise that will still leave the minimum below 300 baht in most provinces, including Ayutthaya. Thais count floods cost, Bangkok warned crisis not over 2011-10-18T04:32:32Z The situation is “quite worrisome,” Bank of Thailand Governor Prasarn Trairatvorakul said yesterday, adding that agricultural industry losses may reach 20 billion baht. Thailand Rushes to Bolster Bangkok Defenses on Deluge Fear 2011-10-11T06:01:02Z The floods may cause damage of 120 billion baht and force the central bank to cut its forecast for economic growth this year, Governor Prasarn Trairatvorakul said last week. Bangkok Leader Calls for Sandbags as Floods Besiege Thai Capital 2011-10-17T17:22:03Z The situation is “quite worrisome,” Bank of Thailand Governor Prasarn Trairatvorakul said, adding that agricultural industry losses may total as much as 20 billion baht. Thailand Rushing to Reinforce Bangkok Defenses on Flood Threat 2011-10-10T10:15:02Z The government estimates the most recent floods may cause as much as 30 billion baht of damage, Kittiratt said yesterday. Thai Flood Death Toll Rises as Waters Threaten Honda, Sony 2011-10-06T06:16:01Z The government estimates the most recent floods may cause as much as 30 billion baht of damage, Deputy Prime Minister Kittiratt Na-Ranong said today. Thai Floods Test Yingluck as Damage May Rise to $1.6 Billion 2011-10-05T10:36:01Z The baht weakened 4.1 percent against the dollar in the same period. Thai Businesses See $1.6 Billion Damage as Floods Stunt Growth 2011-10-05T05:14:33Z “Holding Asian currencies like the yuan, the won and the Thai baht is natural if our trade with Asia is going to grow.” Japan Needs More China, Korea Assets in Reserves, Lawmaker Says 2011-10-05T03:18:46Z The annual deluge may cost the economy between 20 billion baht and 40 billion baht this year, Boonchai said. Thai Finance Ministry Cuts 2011 Growth Forecast on Exports 2011-09-28T08:11:01Z Thailand’s baht snapped a four-day drop on speculation exporters will take advantage of the currency’s decline to a one-year low to convert income at a more-favorable exchange rate. Thai Stock Drop Fuels Wage Row as Exporters Urge Restraint 2011-09-27T04:08:01Z The government earlier this month approved a plan to spend 15.2 trillion baht over the next four years, including 11.3 trillion baht to fund state policies aimed at boosting the economy. Thai Capital Flows May Have ‘Vigorous’ Return, Thirachai Says 2011-09-24T01:53:01Z Losses in the agricultural industry may total 20 billion baht, it said. Thai Businesses See $1.6 Billion Damage as Floods Stunt Growth 2011-10-05T05:14:33Z Thailand’s baht dropped for an 11th day, the longest losing streak since June 2008. Asia Currencies at Six-Month Low 2011-09-20T08:55:03Z Capital expenditure will amount to as much as 7 billion baht this year and may rise in 2012 if 3G licenses are sold, he said. Total Access CEO Says 3G Auction May Occur in Second Quarter 2011-09-20T01:15:01Z Losses from selling rice below purchasing costs were estimated at 43 billion baht, data from the bank showed. Thailand May Cede No. 1 Rice Ranking to Raise Rural Incomes 2011-09-13T05:43:02Z The government is targeting a budget deficit of 350 billion baht in the fiscal year starting Oct. Thai Capital Flows May Have ‘Vigorous’ Return, Thirachai Says 2011-09-24T01:53:01Z The Bank of Thailand intervenes in the currency only to curb volatility in the baht, Atchana said, adding that the bank hasn’t stepped in to the market lately. Thailand’s Inflation May Quicken on Government Policies 2011-09-08T08:56:02Z The increase from the current 10,000 baht will cost the government 20 billion baht a year, he said on Thursday. Thailand to Raise Minimum Wage 2011-09-02T01:07:04Z The baht was little changed at 29.81 against the U.S. dollar as of 9:37 a.m. local time, according to data compiled by Bloomberg. Thai Growth Slows on Japan Impact as Global Recovery Weakens 2011-08-22T03:14:03Z “However, there continue to be uncertainties over the global economy and that limits movements in the baht.” Asia Currencies Fall This Week, Led by Rupee, on Slowdown Signs 2011-08-20T00:04:42Z Her party also promised to raise the daily minimum wage to 300 baht, almost double the current pay in some parts of the country. Asia Inflation Risk May Rise With Thai Plan to Boost Rice Prices 2011-08-16T17:33:14Z Cabinet this week approved the government’s plan to spend 15.2 trillion baht over the next four years, including money needed for policies aimed at boosting economic growth. Thailand’s Inflation May Quicken on Government Policies 2011-09-08T08:56:02Z The government also hopes to encourage private-sector companies to raise the starting monthly salary of newly graduated employees to 15,000 baht. Thailand to Raise Minimum Wage 2011-09-02T01:07:04Z It said in a statement it would book a gain of 690 million baht from the sale in the fourth quarter. Nippon Steel buys another 5 percent in Thai steel firm 2011-08-16T06:37:38Z At issue are an estimated 1.1 trillion baht, or $37 billion, in real estate holdings alone, plus substantial stakes in two of Thailand’s most successful companies. Who Holds the Strings to the Thai Royal Purse? 2011-08-12T15:56:14Z The Thai baht climbed 8.3 percent, and the Singapore dollar increased 13 percent, the most among major Asian currencies. Asian Buyers Target U.S. Hotels as Affluence Increases Travel 2011-08-01T16:50:02Z While Soros’s fund made about $750 million betting on a decline in the Thai baht in 1997, the wager increased economic woes in Thailand as the government spent billions unsuccessfully defending its currency. Soros Returns Client Money to End Four-Decade Hedge-Fund Career 2011-07-26T11:35:05Z Zeti was assistant governor responsible for economics, reserves management, money market and foreign-exchange operations at Malaysia’s central bank when Thailand devalued the baht in July 1997, setting off a plunge in regional currencies. Asia Crisis Veteran Zeti Sees Region Surviving U.S., Europe Risk 2011-07-18T16:22:43Z The Thai baht will climb 4 percent following a peaceful election on July 3, the bank predicted. Rupiah, Won Will Lead Asian Currency Gains, Top Forecaster Says 2011-07-12T00:41:49Z Yingluck also showed an intention to let the baht rise, while the market is also pricing in a rate hike next week. Asia Currencies Strengthen This Week on Growth, Rate Outlooks 2011-07-09T00:50:47Z The baht will remain under appreciation pressure in the short term.” Euro Near Week Low on Debt Crisis, China; Aussie Rises on Jobs 2011-07-07T04:27:26Z Yingluck also told the newspaper she would continue to allow the baht to float freely and had no plans to change the existing exchange-rate system. Thailand's Yingluck says to let baht appreciate: report 2011-07-07T01:21:27Z We will continue to let the baht float ... Yingluck: No Plan to Change Foreign-Exchange Regime 2011-07-06T09:39:14Z Thailand’s baht weakened 2.5 percent in the January-June period, its worst performance since 2008, as overseas investors cut holdings of the nation’s equities on concern a July 3 election would spark political instability. Rupiah, Won Will Lead Asian Currency Gains, Top Forecaster Says 2011-07-12T00:41:49Z The baht will stay on a bullish bias for now.” Asia Currencies Strengthen This Week on Growth, Rate Outlooks 2011-07-09T00:50:47Z That would mark a turnaround for Thailand, which abandoned a fixed exchange rate system in 1997 when it floated the baht against the U.S. dollar and other currencies. Thai PM elect looks at economy, firms fear wage inflation 2011-07-06T04:53:01Z She has said she will more than offset the increased labor cost faced by employers, and that about 70 percent of employers already pay workers 300 baht or more a day. Thailand's Yingluck says to let baht appreciate: report 2011-07-07T01:21:27Z The Thai baht was also one of the top performers against the US dollar amongst Asian currencies. Bahts for votes 2011-07-03T16:05:16Z The decisive victory boosted Thailand’s baht yesterday by the most since February 2008; the SET Index had the biggest advance in Asia. Thai Calm May Rely on Delaying Thaksin Return to Appease Army 2011-07-04T20:42:41Z Higher yields and central bank rates would offer support for the baht, which rallied today, bringing its gain to 6.3 percent against the dollar in the past year. Thai Vote May Spur Prices, Baht in ‘Double Whammy’ for Exporters 2011-07-04T10:45:01Z The baht jumped the most since 2008 as Thailand’s elections eased concern of political unrest. Asian Stocks, Metals Climb as Greece Concerns Ease; Baht Jumps 2011-07-04T06:47:43Z Thailand’s baht rose after an election victory by allies of former premier Thaksin Shinawatra spurred optimism that foreign investors will return. Euro Strengthens to Three-Week High on Rate Outlook; Baht Gains 2011-07-04T04:42:44Z The baht jumped 0.7 percent and credit- default swaps insuring Thai government bonds dropped the most in more than a year after the party linked to an exiled former leader won a parliamentary majority. Asian Stocks, Euro Climb as Greek Concerns Ease; Baht Jumps 2011-07-04T04:12:42Z The Thai index dropped 3 percent in June, while the baht fell 1.4 percent against the dollar, the worst performance amongst Asian peers. Thai Baht, Stocks Rise as Pro-Thaksin Party Claims Election Win 2011-07-04T04:20:40Z The baht jumped 0.7 percent and credit-default swaps insuring Thai government bonds dropped the most in more than a year after the party linked to an exiled former leader won a parliamentary majority. Asian Stocks, Euro Climb as Greek Concerns Ease; Baht Jumps 2011-07-04T03:19:42Z The baht jumped 0.9 percent after the party linked to an exiled former leader won a parliamentary majority. Asian Stocks, Metals Climb as Greece Concerns Ease; Baht Jumps 2011-07-04T06:47:43Z The baht strengthened against all of its major counterparts on speculation the decisive election win by Thaksin’s allies will bring stability to the nation. Euro Strengthens to Three-Week High on Rate Outlook; Baht Gains 2011-07-04T04:42:44Z The baht rose more than 1 percent against the dollar Monday, outperforming other Asian currencies. Thaksin sister prepares to lead Thailand after stunning win 2011-07-04T01:54:30Z Investors have sold Thai stocks and the baht over the past month amid concern a disputed result would spark violence. Thai Baht, Stocks Rise as Pro-Thaksin Party Claims Election Win 2011-07-04T04:20:40Z Thailand’s baht strengthened against all of its major counterparts amid speculation a decisive win by Thaksin’s allies may bring stability to a nation. Euro Rises to 3-Week High on ECB Rate Speculation; Baht Gains 2011-07-04T01:26:42Z Investors have sold Thai stocks and the baht over the past month on concern a disputed result would spark violence. Thai Baht Rises as Pro-Thaksin Opposition Claims Election Win 2011-07-03T22:30:31Z The baht fell 1.4 percent in that time, declining two months in a row for the first time since the end of protests a year ago. Divided Thais Vote as Polls Show Move to Party of Ousted Thaksin 2011-07-02T17:52:36Z The baht fell 1.4 percent in that time, declining two months in a row for the first time since the end of protests a year ago that claimed 91 lives. Thais Prepare to Vote as Polls Show Power May Shift to Thaksin 2011-07-02T04:11:43Z Thailand’s baht fell 1.4 percent in that time, declining two months in a row for the first time since the end of protests a year ago that claimed 91 lives. Thai Contenders Pledge to Respect Election Results as Vote Nears 2011-07-01T01:14:43Z While campaigning on Wednesday, Yingluck suggested the minimum wage would keep rising under her administration, reaching 1,000 baht a day within nine years. Analysis: A "Thaksinomics" renaissance in Thailand 2011-06-30T05:45:04Z The baht touched its strongest level since 1997 in November, prompting the government to remove a 15 percent tax exemption for foreigners on income from domestic bonds to curb gains. Thai Opposition Aims to Keep Baht ’Competitive,’ Suchart Says 2011-06-28T03:32:44Z Thailand’s baht was set for its biggest five-day drop in six weeks on concern July 3 elections will spark instability. Euro Declines, Heads for 2nd Weekly Loss Before EU Leaders Meet 2011-06-17T03:23:02Z Thailand’s baht, the worst performer among 10 major Asian currencies over the past six months, gained 0.1 percent. Abhisit Targets 40% of Seats in Thai Vote Amid Slip in Polls 2011-06-14T11:28:45Z Thailand’s baht, the worst performer among 10 major Asian currencies over the past six months, was little changed. Abhisit Says Party Targets More Than 200 Seats in Election 2011-06-14T08:39:44Z The airline will buy six Boeing and nine Airbus planes, at a cost of almost 50bn baht, and lease a further 22. Thai Airways orders 37 new planes 2011-06-13T06:29:41Z “That is putting downward pressure on the baht.” Asia Currencies Halt Three-Week Rally on Slower Economic Growth 2011-06-11T01:43:37Z The baht touched its weakest level in more than three months after exchange data showed overseas investors sold $706 million more local equities than they bought in June. Euro Declines, Heads for 2nd Weekly Loss Before EU Leaders Meet 2011-06-17T03:23:02Z “It will strain the budget” while the subsidies and handouts will encourage excessive consumption, boosting imports, weakening the baht and pushing up inflation, he said. Thai Election May Force Rates Higher as Parties Promise Handouts 2011-06-01T21:37:32Z Election campaigning may lead to as much as 40 billion baht of spending, adding to price pressures, according to Bank of America Merrill Lynch. Thailand Raises Rate Fourth Time in 2011 to Fight Inflation 2011-06-01T09:29:04Z Election campaigning may lead to as much as 40 billion baht of spending, adding to price pressures, Bank of America Merrill Lynch said in a note today. Thailand Raises Rate Fourth Time This Year to Fight Inflation 2011-06-01T08:07:13Z “There are signs of a bubble in China everywhere,” he said, adding that a bust would be worse than the 1997 Asian currency crisis, when the Thai baht collapse roiled markets. Corriente’s Hart Bets Against China’s Yuan on Inflation Concerns 2011-05-26T06:03:03Z Its carry trade return was 2.9 percent in the past year, lagging the 12 percent for the Taiwan dollar and ringgit, 10 percent for the Philippine peso and 7 percent for the baht. Won Less Volatile for Pimco as ‘Easy’ Trade Lures HSBC to Yuan 2011-05-22T16:30:29Z The Indian rupee was worth an average of 2.6 percent less against the Singapore dollar in the quarter from a year earlier while the Thai baht fell 3.9 percent in value, SingTel said. SingTel Fourth-Quarter Profit Falls, Plans Special Dividend 2011-05-12T02:24:45Z “A strong baht helps decrease inflation, especially imported inflation,” Atchana said in an interview at her office in Bangkok. Thailand Central Bank Willing to Let Baht Gain, Atchana Says 2011-04-22T06:47:03Z “A strong baht helps decrease inflation, especially imported inflation,” Atchana said in an interview at her office in Bangkok today. Bank of Thailand Willing to Let Baht Appreciate, Atchana Says 2011-04-22T05:15:28Z Investors bought a net 102.7 billion baht of the equities between June 10 and Dec. 31, according to the stock exchange’s data. Thai Banks, Refiners to Drive Equity Rally, SCB Asset Says 2011-04-01T05:16:06Z Traders reduced expectations for fluctuations in China’s yuan, the Thai baht, South Korea’s won and the Indian rupee more than for any other currencies this year. Won Less Volatile for Pimco as ‘Easy’ Trade Lures HSBC to Yuan 2011-05-22T16:30:29Z The investors bought a net 102.7 billion baht of the equities between June 10 and Dec. 31, according to the stock exchange’s data. Thai Banks, Refiners to Drive SET Rally, SCB Asset’s Sopana Says 2011-04-01T02:23:45Z The baht reached 29.88 per dollar today, the strongest level since Dec. 6, as the central bank raised borrowing costs for a sixth time since June this week and signaled further increases. Thailand Central Bank Willing to Let Baht Gain, Atchana Says 2011-04-22T06:47:03Z The baht is 1.6 percent below the 13-year peak reached in November, a month after Thailand removed a 15 percent tax exemption for foreigners on income from domestic bonds to curb currency gains. Bank of Thailand Willing to Let Baht Appreciate, Atchana Says 2011-04-22T05:15:28Z Thailand’s currency has risen 7 percent against the dollar over the past year and Korn said the chances are the baht “will still continue to do well.” Thailand May Raise Diesel Prices as Oil Fund Shrinks, Korn Says 2011-03-28T03:53:17Z Thailand’s baht yesterday climbed to its highest level against the dollar since mid-January amid expectations for the central bank to boost rates as the U.S. Thailand Raises Benchmark Rate for Second Time in Three Months 2011-03-09T07:55:29Z In the Asian financial crisis he claims it triggered a co-ordinated attack on the Thai baht that "destituted tens of millions". Letters: Naked greed and moral purpose 2011-02-21T00:05:07Z An example was the Asian financial crisis of 1997, triggered by a co-ordinated attack by short sellers on the Thai baht. Almost everyone condemns naked short selling. But not the British Treasury 2011-02-15T09:30:00Z “The central bank allowed the baht to appreciate last year to control inflationary pressures,” said Ho Woei Chen, an economist at United Overseas Bank Ltd. in Singapore. Yen Weakens as China Inflation Slower Than Forecast; Euro Rises 2011-02-15T06:28:01Z The central bank allowed the baht to appreciate last year to control inflationary pressures. Euro Rises on Speculation Europe Growth Quickened; Aussie Gains 2011-02-15T05:38:03Z Brokerages are able to charge commission of less than 0.25 percent on daily trades of at least 5 million baht. Thailand to Allow New Stock Exchanges, Regulator Says 2011-02-11T09:56:02Z The brokerage will boost its final dividend payment to 1.18 baht a share, an increase from a payout of 1 baht a share a year earlier. Thai Stock Benchmark Drops 10% From Jan. Peak, Marks Correction 2011-02-11T07:27:02Z Thailand, a manufacturing base for automakers including General Motors Co. and Toyota Motor Corp., saw foreign direct investment fall 33 percent to 236.03 billion baht last year as protesters occupied a Bangkok financial area. Thai Election to Take Place by June, Government Says 2011-02-09T06:48:01Z Thailand’s baht rose for a second day as stocks gained and on speculation the central bank will tolerate a stronger currency to counter inflation. Yen Weakens as China Inflation Slower Than Forecast; Euro Rises 2011-02-15T06:28:01Z The company gained 1 percent to 25.25 baht as of 12 p.m. in Bangkok trading. Hana May Post Record Revenue in 2011, CEO Han Says 2011-02-09T05:48:02Z Of the money TOT is seeking, 138.6 billion baht is for unpaid access charges from Total Access, True, CAT and Digital Phone Co., a subsidiary of Advanced Info. Thailand’s TOT Seeks $7 Billion From Phone Companies 2011-02-01T08:57:06Z Thailand’s baht rose from a four-month low as protests by nationalists calling for stronger government action in a border dispute with Cambodia remained calm. Dollar Touches Two-Month Low on View Fed Will Reaffirm Easing 2011-01-26T17:00:09Z The Thai baht slid for a fifth- consecutive day. Euro Falls on Renewed Debt Concern; Pound Slides as GDP Shrinks 2011-01-25T12:28:18Z Thailand’s benchmark SET Index’s slid by 3 percent, its biggest drop since May and the baht weakened against all 17 most-traded currencies. Dollar Strengthens on Growth Outlook; Stocks, Irish Bonds Fall 2011-01-24T10:33:04Z “But we are worried that the company’s profit margin may be squeezed even more than last year because of the continued baht appreciation and rising wages.” Hana May Post Record Revenue in 2011, CEO Han Says 2011-02-09T05:48:02Z You take a picture of the girl and her dog, and you give her a few baht. Heaven and hell in the Phi Phi Islands 2011-01-19T17:01:00Z “This also means there will be more demand to buy the baht than to buy the dollar from the corporate side in the longer-run.” Thailand’s Export Growth Slows as Global Demand Eases 2011-01-18T09:23:01Z Thailand’s baht slid to its weakest level since September and stocks fell for a fourth day after global funds trimmed holdings of shares and nationalists vowed to rally indefinitely over a border dispute with Cambodia. Euro Falls on Renewed Debt Concern; Pound Slides as GDP Shrinks 2011-01-25T12:28:18Z Thailand’s baht slid the most in a week on speculation the central bank will act to limit its appreciation. Euro Weakens on Debt Concern as Finance Chiefs Prepare to Meet 2011-01-17T10:36:01Z The baht is expected to trade between “high 29 to low 31” against the dollar this year, Han said. Hana May Post Record Revenue in 2011, CEO Han Says 2011-02-09T05:48:02Z Thailand’s baht slid the most in a week on speculation the central bank will limit its appreciation to safeguard the economic recovery. Euro Weakens on Debt Concerns as Finance Chiefs Prepare to Meet 2011-01-17T06:49:02Z Thailand’s baht dropped the most in a week on speculation the central bank will curb appreciation that threatens an export-led economic recovery. Euro Falls on Debt Concern as Finance Ministers Prepare to Meet 2011-01-17T03:27:01Z Thailand’s baht strengthened 0.8 percent against the dollar after the central bank raised its benchmark repurchase rate for the fourth time in seven months. Stocks Gain on Bailout, Dividend Bets; Oil Rises as Dollar Falls 2011-01-12T18:57:03Z The baht extended gains from earlier today after the central bank led regional counterparts in tightening monetary policy in 2011. Thailand Raises Rate to Tame Inflation; Baht Climbs 2011-01-12T10:00:02Z The Philippine peso and Thailand’s baht led declines in Asian currencies on concern regional central banks will intervene to curb gains that may hurt an export-led recovery. Asian Stocks, Dollar Gain as Rubber Climbs to Record on Growth 2011-01-06T03:58:01Z Thailand’s baht climbed 11 percent last year, the second- best performance in Asia excluding the yen. Asian Currencies Have Best Year Since 2006 on Capital Flows 2011-01-01T04:01:49Z That is a 9 percent discount to Tuesday's close of 154 baht. Siam Cement to sell stake in PTTCH for $1.1 billion 2010-12-08T04:20:00Z The penalty for performing an illegal abortion is as many as five years in prison and a fine of up to 10,000 baht, or about $330. Thailand Confronts Its Issues With Abortion 2010-11-21T23:39:00Z She said she was paid as much as 500 baht, about $16, per delivery and that she paid the undertaker as much as 200 baht to dispose of them. Thai Police Find 2,000 Illegally Aborted Fetuses, Spurring Calls for Tighter Controls 2010-11-20T01:50:00Z The measure is part of a package aimed at containing the rapid appreciation of the Thai baht and aiding private business hurt by the currency's rise, said Thailand Deputy Finance Minister Pradit Phataraprasit on Monday. Thailand Considers Foreign Investor Tax 2010-10-11T13:19:00Z "The government is concerned about the strong baht," he said. Thailand Watching Baht's Strength 2010-09-02T08:46:00Z Foreign inflows helped lift the baht to a 28-month high last week and consumer confidence rose sharply in July, showing the effects of the political violence were short-lived. Thailand lifts emergency rule in 3 more provinces 2010-08-16T07:07:00Z Financing for the acquisition has been fully secured, TUF said in a statement, with 340 million in euros in loans from international banks and a further 15 billion baht from Thai banks. UPDATE 2-Thai tuna firm TUF hooks big one with MW Brands deal 2010-07-28T06:58:00Z Under Thai law, a person who performs an illegal abortion can face up to five years in prison and a fine of up to 10,000 baht, or about $333. Thai Police Find 2,000 Illegally Aborted Fetuses, Spurring Calls for Tighter Controls 2010-11-20T01:50:00Z Other Asian currencies such as the Thai baht and the South Korean won are also undervalued. Burgernomics: When the chips are down 2010-07-22T11:21:00Z “If you are willing to live off local Thai restaurants, you spend only 30 baht for rice with eggs, vegetables and meat,” she said. Many in Japan Are Outsourcing Themselves 2010-07-21T19:57:00Z And the baht, Thailand's currency, has crept up almost 3 percent since the start of the year. Thailand: Exports Boom Despite Tourism Collapse 2010-07-08T15:01:00Z The charge carries a jail term of up to 20 years in jail and a fine of 40,000 baht if found guilty. Russian Conductor Charged in Thailand Is Allowed to Travel 2010-07-08T12:10:00Z Analysts are looking for big gains in currencies such as the South Korean won, Singapore dollar, Thai baht and Malaysian ringgit. Beijing Move Threatens to Shake Up Its Neighbors 2010-06-20T23:59:00Z Strategic Beverages said 29 baht was a good price, but it was 26-30 percent below the 39.3-41.9 baht fair value estimated by an independent financial adviser. UPDATE 1-PepsiCo cancels tender for Thai bottler Serm Suk 2010-06-11T04:44:00Z “My rent currently is only 6,000 baht, and utilities are at most an additional 500.” Many in Japan Are Outsourcing Themselves 2010-07-21T19:57:00Z Insofar as the Thai baht and the dollar mirrored each other’s moves against the Swiss currency, the authors could conclude that the baht was under the dollar’s spell. Asian currencies: Chips off the block 2010-06-03T11:10:00Z Thailand was first to float its baht currency, cutting the peg to the US dollar. Financial shocks and aftershocks: a brief history 2010-05-29T23:01:00Z The government will also provide 7,500 baht a month for street vendors and employees who lost their jobs, for up six months. Thai Small Businesses Left in Ashes 2010-05-26T01:22:00Z Thai stocks and the baht currency are likely to show modest gains this week with relief the violence is over tempered by concerns the divisions in Thai society are well entrenched. Massive clean-up in Bangkok, business resumes Monday 2010-05-23T05:12:00Z Recall that Thailand, an even smaller economy, set off a crisis that took down virtually all emerging markets when it devalued the baht in 1997 because it changed investor sentiments. Europe's Debt Crisis: Your Questions Answered 2010-05-10T21:16:00Z But if the baht and the yuan strengthened against the franc when the dollar did not, they could identify the separate pull of China’s currency. Asian currencies: Chips off the block 2010-06-03T11:10:00Z That is driving the baht currency to its largest weekly loss since January. Thai standoff may worsen to civil war: crisis group 2010-05-01T03:55:00Z Standard Chartered Bank said on Friday it expected further inflows into stocks when political tension eased and that was bullish for the Thai currency, the baht. Thai hospital near protest evacuates patients 2010-04-30T03:07:00Z A station in the large northeastern city of Udon Thani raised 6 million baht earlier this year to help finance the construction of new facilities. Whiff of Rebellion Spreads in Thai Hinterland 2010-04-19T22:46:00Z Improvements in the government's fiscal position and a previously approved decree allowing 400 billion baht of additional borrowing are sufficient to finance the stimulus program, Mr. Korn told Dow Jones Newswires in an interview. Thailand Scraps Plan for Stimulus Expansion 2010-04-19T14:25:00Z That pull was strongest on the Korean won, Thai baht, New Taiwan dollar and Singapore dollar. Asian currencies: Chips off the block 2010-06-03T11:10:00Z The baht currency was barely changed from Friday. Thai protesters gather after clashes hit markets 2010-04-12T05:16:00Z Thailand's currency, the baht, weakened slightly against the U.S. Thai Market Falls 4.5% 2010-04-12T05:40:00Z Despite continued anxiety over possible violence, the Stock Exchange of Thailand and Thai baht currency have remained stable. Thai protesters hurl own blood at PM's house 2010-03-17T11:22:00Z Despite continued anxiety over possible violence, the stock exchange of Thailand and Thai baht currency have remained stable. Blood protest stains Thai PM's home 2010-03-17T09:18:00Z Thailand's stock market, which leapt 63 percent last year, remained in positive territory, while the baht currency hardly moved. Protesters push for polls as Thai tensions build 2010-03-15T11:30:00Z The price was 1.6 times Siam City Bank's book value of 20 baht a share at the end of December. UPDATE 3-Scotiabank's Thanachart buys $1 bln Siam City stake 2010-03-11T15:09:00Z Next month, the second company, Ford, is planning to announce construction of a facility worth 19.8 billion baht in Thailand, using funding from local banks, government officials said. 2 Big U.S. Carmakers Turn to Local Banks for Thai Factories 2010-02-26T12:24:00Z He expects bids in the range of 30-32 baht a share. 2010-01-18T10:41:00Z With the depreciation of the Thai baht and the collapse of domestic demand, however, imports have fallen off sharply—by more than 33%—and Thailand posted a trade surplus of approximately $12 billion in 1998. The 1999 CIA World Factbook Long pegged at 25 to the dollar, the baht reached its lowest point of 56 to the dollar in January 1998 and the economy contracted by 10.2% that same year. The 2001 CIA World Factbook Long pegged at 25 to the dollar, the baht reached its lowest point of 56 to the dollar in January 1998, and the economy contracted by 10.2% that same year. The 2003 CIA World Factbook "Give me a 500 baht gift afterwards if you want." An Apostate: Nawin of Thais The Asian crisis, triggered by the freefall of the Thai baht, gave a boost to East Asian maritime robbers. Crime and Corruption Long pegged at 25 to the dollar, the baht reached its lowest point of 56 to the dollar in January 1998 and the economy contracted by nearly 10% that same year. The 2000 CIA World Factbook In addition, export growth - previously a key driver of the Thai economy-collapsed in 1996, resulting in growing doubts that the Bank of Thailand could maintain the baht's peg to the dollar. The 1998 CIA World Factbook Long pegged at 25 to the dollar, the baht reached its lowest point of 56 to the dollar in January 1998, and the economy contracted by 10.2% that same year. The 2003 CIA World Factbook A taxi shouldn't be more than a hundred baht. An Apostate: Nawin of Thais He stuffed the five baht coin into his pocket. An Apostate: Nawin of Thais Beginning in 1999 the baht stabilized and inflation and interest rates began coming down. The 2000 CIA World Factbook He considered pulling a few thousand baht from his wallet to give to this Laotian. An Apostate: Nawin of Thais He repeated to himself that he would not pull out a few thousand baht and give it to a stranger who would resent him regardless of what he did or did not do. An Apostate: Nawin of Thais "Maw ni khrap" he called out to the salesmen pointing to all three and handing them each twenty baht. An Apostate: Nawin of Thais Giving a thousand baht would imply having a lot to give and giving nothing would imply snobbishly holding back from giving what little he could, so he handed the man a hundred baht. An Apostate: Nawin of Thais |
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