baht

Thailand eyes 10 trillion baht gas field frozen by Cambodia dispute
Thailand eyes 10 trillion baht gas field frozen by Cambodia dispute
THAILAND’S new government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least US$300 billion worth of reserves that the two countries have...
Baht rises to strongest since March 2022 amid exporters worries
Baht rises to strongest since March 2022 amid exporters worries
The baht gained to its strongest level in 30 months as China’s stimulus boosted risk assets globally, adding pressure on the Bank of Thailand to act to curb its...
Thai baht is too strong and impacting exports, minister says
Thai baht is too strong and impacting exports, minister says
THAILAND’S baht is too strong and is affecting exports, which are expected to post only small growth this year, and the central bank should take action on the currency,...
Thai state fund seeks 150 billion baht to help boost stock market
Thai state fund seeks 150 billion baht to help boost stock market
THAILAND’S state-controlled Vayupak Fund is starting a 150 billion baht (S$5.9 billion) offering on Monday (Sep 16) aimed at boosting the local stock market.The offering, which will increase Vayupak’s...
Thailand approves Western Digital’s 23.5 billion baht investment project
Thailand approves Western Digital’s 23.5 billion baht investment project
THAILAND has approved Western Digital’s 23.5 billion baht (S$899 million) project to expand hard disk production in the country, Thailand’s Board of Investment (BOI) said on Monday (Aug 26),...
Jardine C&C to sell entire 25.5% stake in Siam City Cement for 12.2 billion baht
Jardine C&C to sell entire 25.5% stake in Siam City Cement for 12.2 billion baht
JARDINE Cycle and Carriage (Jardine C&C) has proposed to sell its entire 25.5 per cent stake, or 76.1 million shares, in Siam City Cement (SCCC) for 12.2 billion baht...
Sri Trang Gloves Q2 profit surges more than 20 times to 378.4 million baht
Sri Trang Gloves Q2 profit surges more than 20 times to 378.4 million baht
GLOVE manufacturer Sri Trang Gloves (Thailand) reported earnings of 378.4 million baht (S$14.2 million) for the three months ended Jun 30, a jump of more than 20 times from...
Sri Trang Agro-Industry Q2 net profit rises 471.3% to 628.4 million baht
Sri Trang Agro-Industry Q2 net profit rises 471.3% to 628.4 million baht
SRI Trang Agro-Industry has posted a net profit of 628.4 million baht (S$23.6 million) for the three months ended Jun 30, 2024, up 471.3 per cent from 110 million...
Thai Beverage 9-month Ebitda rises 2.2% to 38.6 billion baht
Thai Beverage 9-month Ebitda rises 2.2% to 38.6 billion baht
THAI Beverage posted a 2.2 per cent rise in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 38.6 billion baht (S$1.4 billion) for the nine months ended Jun...
Hyundai to invest one billion baht in Thailand for EV assembly, batteries
Hyundai to invest one billion baht in Thailand for EV assembly, batteries
SOUTH Korean automaker Hyundai Motor Company will invest one billion baht (S$37 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, the country’s...