[Coconuts BKK] The Minister of Transport, Chach-chart Sitthipan, said in an interview that the minimum taxi fee will not be increased to THB50. Taxi drivers had requested that their minimum fee be increased because of the LPG (liquefied petroleum gas) price hike, but Chach-chart said the price increase will only […]
Baht
[WSJ] Southeast Asian currencies tumbled again on Thursday, with several falling to multi-year lows as investors flee riskier emerging-market assets. The Philippine peso, Singapore dollar and Thai baht all hit new long-term lows, while the Indonesian rupiah touched 11,000 against the U.S. dollar for the first time since the aftermath […]
Southeast Asian Currencies Tumble
[Bloomberg] Thailand’s baht slumped to a one-year low and stocks dropped after Southeast Asia’s second-largest economy entered a recession for the first time since 2009. Government bonds were little changed. Gross domestic product unexpectedly decreased 0.3 percent in the three months through June from the previous quarter, when it contracted a […]
Thai Baht Slumps to One-Year Low, Stocks Decline on Recession
It seems about once a month or more often there is an ATM skimming bust. ATM Skimming is where a variety of different devices are placed on and or around an ATM machine to steal your ATM card information which will then lead to theft of your money. These devices […]
ATM Safety In Thailand
TAT has set a 2014 target of 28.01 million international tourist arrivals, generating estimated foreign exchange revenue of 1.326 trillion Baht, up 13% over 2013. For the domestic market, TAT set a target of 136.8 million trips, generating estimated of 700 billion Baht for tourism income, up by 9% over […]