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Ford may stop Thailand investment

(BangkokPost.com, Agencies)

Ford Motor Co said today in Washington that it is considering whether to scrap a planned $1 billion programme in new and upgraded factories in Thailand over the recent curbs on currency and foreign investment.
Ford will decide where to invest the earmarked $1 billion by the end of June. China and India are possible […]

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Baht hits 34 to the dollar in offshore trading

Buoyed by the yuan’s new high yesterday, the baht surged to 34 to the US dollar in the offshore market, underlining the futility of the central bank’s drastic measures to rein in baht speculation.
Onshore, the baht ran up to Bt35.75, forcing the Bank of Thailand (BOT) to enter the market with baht sales to sap […]

Car exports rise by 22 per cent

Thailand last year witnessed 22-per-cent growth in passenger-car exports to 538,966 units. Their combined value was Bt240.76 billion, an increase of 18.59 per cent.
The Federation of Thai Industries also reported that 179,742 cars were manufactured for the domestic market, showing a meagre growth of 0.93 per cent. - The Nation.

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