Price
- Thailand News
Facebook debate erupts over unclear pricing at Thailand buffet
A Facebook user recently sparked a debate in the Buffet Lovers group by questioning the meaning of the word “net” in restaurant pricing. The user shared their experience at a suki restaurant, where they were surprised to find additional charges for drinks and VAT, despite a sign advertising a 199 baht net price. “Hello everyone, I want to know what…
- Thailand News
Cake drama leaves Thai woman in a crumby situation
A Thai woman ordered a 5-pound cake costing 1,893 baht but received a product that left her and many others questioning its quality. The online community heavily criticised the cake’s appearance, igniting a viral debate. The woman posted a picture of the pandan caviar cake, which she ordered from a well-known bakery in Mahachai, Samut Sakhon, with an image in…
- Business News
Farm to table: Thailand firms urged to unite for stable farm prices
The Commerce Ministry urged Thai conglomerates to collaborate in purchasing agricultural products to provide farmers with a more stable income. Commerce Minister Phumtham Wechayachai revealed plans to manage agricultural products and secondary crops for the latter half of the year. He instructed Vuttikrai Leewiraphan, commerce permanent secretary, and Wattanasak Sur-iam, Director-Deneral of the Internal Trade Department (ITD), to engage department…
- Pattaya News
Pattaya restaurant under fire for excessive pricing of food dish
A restaurant in Pattaya, Chon Buri Province, has come under scrutiny for reportedly charging an excessive 70 baht for a basic dish of rice with two fried eggs. Following this, the Department of Internal Trade ordered provincial commerce officials to conduct inspections of made-to-order food outlets in the region. The restaurant’s alleged high pricing and lack of clear price signage…
- Thailand News
Price surge in off-season rice boosts Thai farming
The president of Ban Mai Khao Farmers Group commended the recent increase in the price of fresh off-season rice, which has hit 10,000 baht (US$280) per tonne. This price surge not only encourages the traditional practice of rice cultivation among Thai farmers but also ensures a steady income for them. Suphan Phathom’s area of oversight includes the last remaining rice…
- Business News
Gold prices predicted to hit US$2,250 per ounce by year-end
A revision in the global gold prices outlook has been announced by the Gold Traders Association (GTA), projecting an increase to US$2,250 per ounce by year-end from its previous estimate of US$2,100. This adjustment comes in the wake of domestic prices reaching an all-time high of 36,700 Thai baht per baht weight yesterday morning. The President of GTA, Jitti Tangsithpakdi,…
- Thailand News
Gold prices in Thailand retreat but stay over 37,000 baht mark
Gold prices in Thailand took a dip today after a continuous climb, with the Gold Traders Association (GTA) reporting a decrease of 100 baht compared to the closing figures yesterday, March 12. Despite the fall, prices remained above the 37,000 baht mark. As of the latest update from the association at 9.05am today, the price for gold ornaments was set…
- Business News
Gold prices hit record high in Thailand, predicted to climb further
Gold prices in Thailand have reached a historic peak, with projections indicating a possible increase to 38,000 baht per baht weight within the year. This surge is largely attributed to the continued global increase in gold prices, which are nearing a two-month high of over US$2,080 per ounce, according to the Gold Traders Association (GTA). The price of gold bars…
- Business News
Gold prices experience significant rise, says GTA
Today saw a marked increase in gold prices, according to the Gold Traders Association (GTA). The buying prices for gold ornaments reached 34,473.84 baht (US$966) per baht weight, and gold bars were valued at 35,100 baht (US$984) per baht weight. On the other hand, the selling prices were determined at 35,700 baht (US$1,001) per baht weight for gold ornaments, while…
- Thailand News
Thailand gold prices stable at 35,050 baht with steady market
Gold prices in Thailand remained stable, with no increase or decrease compared to the previous closing figures yesterday The Gold Traders Association (GTA) listed the selling price for gold ornaments surpassing the 35,000 baht mark today in the Western calendar. The latest figures from the association’s website, recorded at 9.02am, indicated that the selling price for gold ornaments was 35,050…
- Business News
Thailand govenment raises sugar cane price, stirs industry buzz
The government yesterday sanctioned a definitive sugar cane price for the 2022/2023 season at 1,197 baht (US$33) per tonne, marking a substantial increase of 117 baht from the preliminary price of 1,080 baht per tonne. In parallel, the initial price for the 2023/2024 season was ratified by the cabinet, standing at 1,420 baht per tonne. Government spokesperson, Chai Wacharonke, indicated…
- Thailand News
Bangkok retail hotspots top land value at 3.75 million baht per sq wah
Bangkok’s prime retail locations, including Siam Square, Chidlom, and Ploenchit, retain their position as the city’s most expensive land areas, with prices reflecting the lucrative nature of the retail business compared to other commercial ventures. Sopon Pornchokchai, the president of the Agency for Real Estate Affairs (AREA), revealed that a survey of land prices across Bangkok and its vicinity, ongoing…
- Thailand News
Thai gold prices dip slightly, investors on alert
Gold prices in Thailand saw a slight dip today, prompting investors and enthusiasts to make quick decisions. According to the latest data released by the Gold Traders Association (GTA), the price of gold ornaments dropped by 50 baht compared to the previous day, now selling at 34,800 baht per baht-weight (a traditional Thai unit of measurement for gold). The association’s…
- Cannabis
Cannabis pricing in Thailand: A path to equitable market practices
In Thailand, the price of cannabis varies significantly, but there are gems to be found. For instance, at DJ Cannabis, tourists and locals alike have discovered Thai Cannabis for as low as 70 baht per gram, a price that’s hard to beat. This guide aims to shed light on the cannabis pricing landscape in Thailand, helping you make informed decisions…
- Thailand News
Thai gold prices drop at market open, gold bars at 34,050 baht
Gold prices in Thailand saw a decline at the opening of the market, comparing the last price from January 29. The Gold Traders Association (GTA) reported the selling rate for gold ornaments at 34,550 baht per baht-weight (a traditional Thai unit of measurement for gold, equating to 15.16 grammes) for today, marking a decrease of 100 baht from the previous…
- Thailand News
Thailand gold prices take a slight tumble
Gold prices in Thailand saw a slight decrease at the start of the week. According to the latest figures from the Gold Traders Association (GTA), the price of gold jewellery is now set at 34,550 baht per baht weight as of Monday, representing a 50 baht drop from the previous day’s close. The domestic gold market experienced a minor adjustment…
- Thailand News
Steady gold prices in Thailand spark call for quick decisions
The Gold Traders Association (GTA) revealed that today’s gold prices remain unchanged from yesterday, urging quick decisions to be made. As of today, the selling price for gold ornaments is stated at 34,350 baht per baht-weight, a steady hold from the final price of yesterday, according to the most recent data from the GTA at 9.03am. Gold bars with 96.5%…
- Business News
Boxed milk prices set to rise due to increased raw milk costs
The Internal Trade Department under the Commerce Ministry is poised to consider and approve a potential rise in boxed milk prices, following a request in alignment with increased raw milk production costs. The move comes on the heels of the Milk Board’s recent approval to hike the median ex-factory rates for raw cow’s milk by 2.25 baht (US$0.064) to reach…
- Thailand News
Gold price takes a dip in Thailand, down 50 baht from previous close
The Gold Traders Association (GTA) today revealed a further drop in today’s gold price when compared to the final price of yesterday. Today, a baht of gold ornament is selling for 34,150 baht, a 50 baht reduction from the closing price of yesterday. As per the GTA website, gold bars can be sold for 33,650 baht per baht and purchased…
- Thailand News
Gold price remains steady in Thailand
The Gold Traders Association (GTA) revealed today’s gold price remains steady and those interested should hurry to make purchases. As of today, January 10, the selling price for gold ornaments is 34,150 baht per baht weight, unchanged from the closing price yesterday, according to the latest information from the GTA’s website at 9.03am. The price for 96.5% gold bars in…
- Thailand News
Gold prices in Thailand experience an increase of 50 baht
The Gold Traders Association (GTA) today announced a rise in gold prices. The retail gold price experienced an increase of 50 baht compared to the closing price on the previous day. The selling price of gold ornaments was 34,000 baht per baht, as reported by the news correspondent. The information, based on the data released on the GTA’s website at…
- Thailand News
Gold price dips to 33,900 baht per baht, says GTA
The Gold Traders Association (GTA) decreased the gold price consecutively today compared to the closing price yesterday. The bullion price shifted to 33,900 baht (US$981) per baht today. Reporters stated that the GTA announced a 100 baht (US$2.89) decrease in today’s gold price compared to yesterday’s closing price, with the bullion price now standing at 33,900 baht (US$981) per baht,…
- Economy News
Gold prices take a dip in Thailand: 50 baht decrease reported
The price of gold fell again on the morning market today, with a decrease of 50 baht (US$1.46) compared to the closing price yesterday. As reported at 9.05am today, the cost of gold ornament was selling at 34,050 baht (US$99.4) per baht, according to the Gold Traders Association (GTA). Meanwhile, the 96.5% gold bar was bought at 33,450 baht (US$976.93)…
- Thailand News
Inflated holiday airfare prices in Thailand under scrutiny
Thanakorn Wangboonkongchana, a member of the House of Representatives and a deputy leader of the Palang Pracharath Party (PPRP), has voiced concerns regarding the inflated airfare prices during the holiday season. He urged the Ministry of Transport and the Civil Aviation Authority of Thailand (CAAT) to scrutinise airlines following passenger complaints about excessive ticket costs, particularly for flights from Bangkok…
- Thailand News
Surge in gold prices today as announced by Gold Traders Association
The Gold Traders Association (GTA) announced a surge in gold prices today, after a significant drop. As of today, December 7, the gold bullion was sold for 34,300 baht per baht, showing a 100 baht increase compared to the closing price yesterday. According to the GTA’s website, as of 9.04am local time, the selling rate for 96.5% gold bar was…
- Business News
Sugar cane farmers dispute government’s 2 baht price hike
Sugar cane farmers in Thailand are seeking clarification from the industry and commerce ministries regarding the Cabinet’s decision to allow a mere 2-baht increase per kilogramme in ex-factory sugar prices. The decision has been deemed unfair by sugar manufacturers as it falls short of the four-baht price hike requested by the Cane and Sugar Board. Citing escalating manufacturing costs due…
- Thailand News
Thai Commerce Minister defends recent sugar price increase
The Deputy Prime Minister and Minister of Commerce defended the recent sugar price hike following discussions with all parties involved. The minister, Phumtham Wechayachai, maintains the decision was made based on appropriate cost considerations, not a failure to control prices. Today, at Government House, Phumtham addressed concerns that the government couldn’t control sugar prices after a Cabinet meeting yesterday decided…
- Thailand News
Noodle shocker: Young man stir-fries his emotions after being billed 300 baht in Don Mueang
A young man was taken aback when he was charged 300 baht for a plate of stir-fried noodles at a restaurant in Don Mueang. The page Sai Mai Tong Rot (Sai Mai Must Survive) posted a clip of the incident, showing the customer arguing about the high price of the dish. The restaurant justified the cost by stating they used…
- Thailand News
Significant rise in Thai gold prices: ornaments now at 33,500 baht per baht weight
The Gold Traders Association (GTA) announced this morning a significant increase in gold prices compared to the previous day. The increase was reported to be 550 baht (US$15), with the price of gold ornaments set at 33,500 baht per baht weight. This is a marked jump from yesterday’s closing price of 32,305.96 baht per baht weight. The report released today…
- South Thailand News
Rain pours on parade: Flooding sours vegetable prices as demand greens up
The recent heavy rainfall and flooding in Central Thailand have led to increased vegetable prices at the fresh market in Betong, Yala, as the supply to the market has been significantly reduced. As the Vegetarian Festival approaches, the demand for vegetables is surmounting, causing prices to surge even more. The prices have doubled for some varieties of vegetables. In the…
