Trump presidency offers mixed bag for Thailand

Quick Summary:

With Donald Trump's victory in the US presidential election, the Finance Ministry believes his policies will bring both opportunities and challenges for the Thai economy.

This would cause the baht to depreciate against the dollar, leading to capital outflows from Thailand's bond market in search of higher bond yields in the US, he said.

Meanwhile, inflation in Thailand may trend upwards based on rising oil prices or commodities sourced from the US, which are expected to become more expensive, said Mr Pornchai.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandChina

Topics: Pornchai Economy Exports Investment Thai Trump Thailand Policies Markets Inflation Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 05:37:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 382 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23466001

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 9 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 3 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions