Tag Archives: Thai Stocks

Exporters are uncomfortable with the prospect of a strengthening baht, as they want a stable exchange rate to help them keep pace amid tough global competition

The incoming government should review its policy to raise the daily minimum wage to 300 baht because manufacturers would not be able to carry the added labour cost, the chairman of Khon Kaen Federation of Industries said on Wednesday.

Bank of Thailand expects a mild impact on inflation if the minimum wage hike is raised to Bt300 as campaigned by the Pheu Thai government, on anticipation that the increase would be gradual.

Strong crop prices drove the growth of Thailand's farm economy in the first half of this year to expand by 7.3% year-on-year, the highest rate in 10 years.

As the dust settles on Pheu Thai’s landslide victory, the political situation in Thailand has become clearer but the economic situation for the property sector is still ambiguous.

Stock investors reacted positively to the election result, with the Stock Exchange of Thailand Composite Index opening 33.48 points or 3.21 per cent higher.