Tag Archives: Economy

Baht expected to strengthen further

The baht, which last week spiked up above Bt30 per dollar for the first time since January, will continue to appreciate because of expected higher exports and more foreign direct investment, boosted by the natural disasters in Japan, according to HSBC Global Research.

Thailand Oil demand rises

Domestic oil product demand, excluding bitumen and liquefied petroleum gas, rose 3.7% year-on-year in January to 592,754 barrels per day, reflecting expanded business activity and industrial use of energy.

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NESDB: 3.5% growth in 2011

The Thai economy is expected to expand by 3.5-4.5% this year, according to the National Economic and Social Development Board (NESDB).