The Latest Breaking News from Thailand

Most emerging Asian currencies weakened against a stronger US dollar on Thursday, with the Thai baht shedding more than 1% following a quarter-point rate hike that investors viewed as moderate to bring down inflation running at a 14-year high.

As the world emerges from the pandemic and governments focus on stimulating their economies and prioritising a more sustainable and resilient future, spending on infrastructure will rank among the top priorities.

Over 4,000 people in Ubon Ratchathani have been evacuated with flooding set to intensify and tropical storm Noru expected to bring more heavy rain after entering northeastern Thailand on Wednesday night.

The global decline in currencies has not had a significant impact on Thailand's inbound market as the rates were comparable with a weakened baht, while those ready to travel are mostly high-income earners.

Long before Thailand became a hub for industries like auto manufacturing, tourism and healthcare, it was a global hub for tin. In the late 19th and early 20th centuries, the mining of tin along the Andaman Sea coastline created wealth for Siam.

Thailand's Manufacturing Production Index (MPI) increased by 14.5% year-on-year to 99.28 points in August, and rose by 3.71% from July, thanks to export growth and the reopening of the country.

Thailand signed a memorandum of understanding (MoU) yesterday to form a deeper trade partnership through a so-called mini-free trade agreement (mini-FTA) with Gyeonggi province of South Korea, aiming to push exports to South Korea to reach US$6.6 billion over the next three years.

A Myanmar beauty queen, who had spoken out against military rule in her country and became stranded at Thailand's airport, said she was relieved but remained defiant after landing in Toronto on Wednesday.

Thailand's volleyball team cruised past Croatia on Wednesday in their third match at the FIVB Women's World Championship in Gdansk, Poland.