Thai Baht Under Attack

Category: Real estate, Posted:22 Jan 2014 | 10:46 am

As Thailand's political crisis continues unabated the baht remains one of the key victims of the uncertainty.
This morning the exchange rate to the US dollar hovered at the THB32.89 level and could well breach THB33.00 in the coming days.
With foreign investors exiting the country, outward capital flows are the key driver of the trend.
While the BoT (Bangkok of Thailand) is taking remedial actions, the financial markets are forecasting further devaluation.

Other News

Khao Lak & Phang Nga Hotel Market Coming Of Age as Demand Rises

Category: Hotels|Tourism, Posted:13 May 2025 | 10:45 am According to C9 Hotelworks newly released Khao Lak and Phang Nga Hotel & Tourism Market Review 2025, there is a rising tide of travelers who fly to Phuket and head North up over the bridge to the mainland. A second Marriott namesake hotel has opened in Khao Lak, and the new integrated resort community Matalay […]

New Lombok Hotel and Branded Residences 2025 Report Released

Category: Hotels|Real estate|Tourism, Posted:08 May 2025 | 14:33 pm Over the past two decades, Lombok’s real estate landscape has undergone significant change, driven by the growth of its tourism and hospitality sectors. In the newly released Lombok Hotel and Brand Residences Report 2025 from C9 Hotelworks and Horwath HTL , we dive into the revelation of Lombok’s hospitality-managed real estate market. The island’s real […]

C9 Hotelworks Releases Phuket Property Update Report

Category: Real estate, Posted:07 May 2025 | 10:04 am Phuket’s residential property market in the first four months of 2025 reflects a shift toward product differentiation, rising development costs, and lifestyle-driven demand. C9 Hotelworks newly released Phuket Property Market Update May 2025 indicates condominiums continue to dominate overall supply, as branded residences and landed properties are gaining traction. As of Q1 2025, there are […]

More Insider News