By AFP – published by Yahoo!News and Thai Newsroom OIL PRICES soared and stocks fell in Asia on Monday (March 2) after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East. Brent briefly spiked almost 14 percent and West Texas Intermediate nearly 12 percent at
Tag: prices
Struggling rice farmers face planting zone adjustment
By TV Channel 7 and Thai Newsroom FARMERS who have grown rice their entire lives on their own land are preparing for a new life after the recent drop in rice prices as the government moves to encourage them to switch to other crops by establishing pilot planting zones covering 1 million rai. The
Read moreSuffering mangosteen farmers helped with prices now rising
AFTER THE Commerce Ministry’s Internal Trade Department stepped in to help mangosteen farmers in southern Nakhon Si Thammarat province last week prices of this fruit have now increased, Naewna newspaper said today (July 10). The farmers’ plight came to light when Commerce Minister Jatuporn Buruspat visited this province on July 4 after which he
Read morePrice of imitation gold jewellery climbs as real gold price skyrockets
WITH the selling price of 96.5% real gold jewellery reaching 53,500 baht a baht weight this morning (Apr. 26) a shop in Nonthaburi too has increased the price of imitation gold jewellery by 50 baht, TV Channel 7 said. As of 9.04 a.m. this morning the Thai Gold Traders Association set the selling price
Read moreLocal oil and gold prices set to rise as Songkran festival ends
WITH GLOBAL oil prices still rising while gold prices have been volatile amid growing chaos in the Middle East it is expected that the local prices of both will soar after Songkran festival ends tomorrow (Apr. 17), TV Channel 7 said this morning. Thai investors are continuously buying gold leading to major local gold
Read moreThai inflation slower than expected in July, small rises seen
By Reuters and published by CNA THAILAND’S annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said today (Aug. 7) it projected smaller consumer price rises for the rest of the year. The headline consumer price index (CPI) increased 0.38 percent in July
Read moreWheat prices jump following collapse of major dam in southern Ukraine
By AP and published US News & World Report Washington – The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher early on Tuesday (June 6). Wheat prices gained 2.4% in early trading on Tuesday at the Chicago Mercantile Exchange, to $6.39 a bushel. The cost of
Read moreOPEC+ cuts put $100/bbl oil back in sight
By Reuters and published by US News & World Report Singapore/Seoul/London – Surprise new cuts to the OPEC+ group’s output targets could push oil prices towards $100 a barrel, setting the scene for another clash with the West grappling with higher interest rates, analysts and traders said on Monday (Apr. 3). The decision signals
Read moreSatun residents catching clams to eat instead of pork, chicken
WITH prices of pork, chicken and eggs having risen, people in southern Satun province have turned to catching clams to eat using makeshift gear such as foam boxes and unused fan covers to sift through the mud in canals to do so, Amarin TV this evening. Residents of Khlong Khut sub-district, Mueang district, are
Read more5 groups rally at Govt House over rising cost of living
FIVE activist groups held a demonstration in front of the Government House today (Jan.18) calling for urgent measures to resolve the rising cost of living, Matichon newspaper said. The five groups, Labour Network for People’s Rights, 24 June Democracy Group, New Generation Network in Nonthaburi, administrative and student organisations of Kasetsart University and Thalu
Read moreConsumers hit as prices of papayas too rise sharply
HOT ON heels of pork prices having risen are complaints from vendors that papayas too are now more expensive with the variety suitable for making the Thai salad som tum currently being sold at 18 a kilogramme from seven baht earlier, Amarin TV said today (Jan. 17) This TV channel’s reporters visited a plantation
Read moreEx-minister: Whole economic structure needs adjusting due to rising food prices
FORMER commerce minister Sontirat Sontijirawong said in a Facebook post today (Jan. 15) that with prices of daily necessities having jumped amid low wages it is now necessary to adjust the whole economic structure, Matichon newspaper said. He warned that the entire economy could collapse and if this happened it would take a long
Read morePrayut orders military units to grow parsley to curb soaring prices
By Thai Newsroom Reporters PRIME MINISTER PRAYUT Chan-o-cha today (Nov. 4) ordered military units across the country to grow parsley plants in their premises to help contain the soaring prices of the popular vegetable. Agriculture & Cooperatives Minister Chalermchai Sri-on quoted Prayut as saying during today’s cabinet meeting that various military units are being tasked
Read moreUS home prices climb to record in pandemic as buyers seek space
By Associated Press, published by Fox Business New York — A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to gouge their tenants. So, with a desire to move near family, the retired veteran bought his first home last month at the age
Read morePattaya slashes prices to draw Thai tourists
By Thai Newsroom Reporters HOTELS, RESTAURANTS and spa parlours in Pattaya will offer a 50% price cut for Thai visitors as part of a concerted plan to promote the beach resort city’s tourist industry. Pinnart Charoenphon, director of the Tourism Authority of Thailand’s Pattaya branch office, confirmed today (June 19) more than 100 hotels, restaurants
Read moreGold heading for ‘never really imagined’ price levels amid volatility
By Anna Golubova, Kitco News THERE is a lot of volatility ahead for gold, whether it be this year or this decade, with new investors embracing the precious metal in its traditional or digital forms, according to Digix co-founder and COO Shaun Djie. Gold’s investor-base is already widening as many new type of traders have
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