September 23, 2024

The baht strengthened for the first time in 19 and a half months.

The baht moved within a narrow range of around 32.92-32.97 baht/dollar this morning (09.40 hrs.) after reaching a 19-1/2 month high of 32.91 baht/dollar on Friday night. Krungthai sees a chance of strengthening this week to 32.60 baht/dollar.

Ms. K…

Exports fall 1.1 pct during first 20 days of September

South Korea’s exports lost 1.1 percent on-year in the first 20 days of September, data showed Monday.

Outbound shipments reached US$35.58 billion in the Sept. 1-20 period, compared with $35.97 billion tallied a year earlier, according to the data fr…

KEPCO to freeze Q4 electricity rates

The state-run Korea Electric Power Corp. (KEPCO) said Monday it plans to freeze electricity rates for the fourth quarter.

KEPCO said it will keep the adjusted unit fuel cost — a key part of the country’s electricity rates — unchanged at 5 won (US$…