Culture
Frasers Property unit to lend up to 938.6 million baht to JV with two ThaiBev units
Capital injections will advance the technology and digitalisation of both Frasers Property Group and Thai Beverage Group Frasers Property…
Tag
Baht
Culture
Thai rice exports may fall as much as 12.5% in 2026 as baht bites
Thailand’s rice exports are projected to fall to 7 million metric tons next year from up to 8 million in 2025, with the strong baht making…
Culture
Baht soars to 3-year high against Singdollar as it climbs on gold spike, yuan strength
Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices The baht’s rally has pushed…
Culture
Thai central bank is 'taking action' on baht, worried by rapid rise
Thailand’s central bank has taken action to tackle the appreciation of the baht, governor Vitai Ratanakorn said on Tuesday (Dec 16). It is…
Culture
Thai baht is too strong, impacting economy, finance minister says
Thailand’s baht is too strong and affecting its export-driven economy, the country’s finance minister said on Monday (Dec 15), as the…
Culture
Thai central bank proposes new foreign-exchange rules to ease pressure on baht
The Bank of Thailand (BOT) plans to roll out additional measures to ease appreciation pressure on the baht and tighten oversight of…
Culture
ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht
Thai Beverage posted a 6.8 per cent drop in net profit to 25.4 billion baht (S$1.02 billion) for the full year ended Sep 30, 2025, from…
Culture
Thai central bank sees room for rate cut, wants a weaker baht
THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to…
Culture
Sri Trang Agro-Industry posts Q3 loss of 841.9 million baht amid lower rubber prices, tariff uncertainty
Sri Trang Agro-Industry fell into the red with a net loss of 841.9 million baht (S$33.8 million) for the third quarter ended Sep 30,…
Culture
Sri Trang Gloves Q3 loss widens to 106 million baht on impairment, derivative losses
The steeper net loss comes as its top line decreases 5.6% year on year to 6.1 billion baht, even as sales volume rises Sri Trang Gloves’…
Culture
Thai Cabinet approves 44 billion baht stimulus programme to boost growth
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency…
Culture
Why the Thai baht is defying economic gravity
The currency has rallied some 5% against the US dollar since Trump’s so-called Liberation Day tariff announcement On its current…
Culture
Thai central bank wants to avoid side effects from steps to constrain baht, official says
Thailand’s central bank wants to avoid unintended consequences from any measures such as a tax on gold trading that it takes to curb the…
Culture
Thailand to weigh tax on gold trades to slow baht rally
Officials are discussing ways to tax gold bought and sold through various online channels and settled in baht Thai authorities are…
Culture
Thailand vows to curb baht swings as currency hits 4-year high
Thailand’s central bank vowed to take steps to ease baht volatility and limit the influence of gold prices after the local currency…
Culture
Thailand’s 1.47t baht fund sees gold, equities boosting returns
LAND’S Government Pension Fund (GPF) expects gold, commodities and a rally in global equities to drive a recovery in its returns after a…
Culture
Thai Beverage 9-month Ebitda falls 4% to 45 billion baht
Thai Beverage (ThaiBev) posted a 4 per cent drop in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 45 billion…
Culture
Sri Trang Agro-Industry swings to net loss of 786.8 million baht in Q2
Sri Trang Agro-Industry swung to a net loss of 786.8 million baht (S$31.3 million) for the second quarter ended June, from earnings of…
Culture
Sri Trang Gloves Q2 earnings drop by 79.6% to 77.1 million baht
Sri Trang Gloves posted a net profit drop of 79.6 per cent year on year to 77.1 million baht (S$3.1 million) for the quarter ended June,…
Culture
Thailand central bank vows to step in if baht moves are unhinged
Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy…
Culture
Top Thai wind power firm to fund 65 billion baht of spending with IPO
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the…
Culture
ThaiBev Q2 profit down 3.2% at 6.7 billion baht; declares dividend of 0.15 baht per share
Chang beer maker Thai Beverage (ThaiBev) on Friday (May 9) announced that its profit for the second quarter ended Mar 31, 2025, lowered…
Culture
Sri Trang Agro-Industry swings back to black with Q4 profit of 854.3 million baht
RUBBER group Sri Trang Agro-Industry swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December,…
Culture
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31,…