The steady rise of the Thai baht is causing concern to businesses here, with a major rice importer looking to increase prices.
The baht has risen around 5 per cent against the greenback and the Singapore dollar so far this year, and almost 8 per cent over the past 12 months.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you