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Central Retail reports second-quarter loss of 2.6 billion baht; fashion sales hit hardest

Central Retail Corporation PCL (CRC) reported its second-quarter financial performance for 2020 as the company’s earnings came in at a loss of 2,590 million baht, sharply declining by 293 per cent year-on-year and 448.7 per cent quarter-on-quarter. The results missed...

Opinion: For Thailand’s government and senate, its a familial affair

Senate Speaker Pornpetch Witchitcholchai was not wrong when he said on Monday that getting rid of the 250 appointed senators is like getting rid of family members or housekeepers within the family.The current members of the senate, who were...

Education minister said police can arrest student protesters on campus while promoting his ‘education overhaul’

Thailand's Minister of Education, Nataphol Teepsuwan, this week said that Thai student protesters can be arrested inside schools around the country if they were breaking the law in their protests.For the past two months, student-led protests have engulfed...

Opinion: Make way, the keyboard brigade have joined the rallies

Sunday's protest was the largest public demonstration since the military took power in May 2014, so it is quite safe to say that dissatisfaction towards the government is real and the protest can no longer be ignored.Witnessing the...

BOT reports sharp drop on 2Q bank’s profit and NPLs rise by 3.09 per cent

The Bank of Thailand (BOT) has announced the commercial banks' performance results in the second quarter of 2020. All banks had a sharp drop in profitability and the amount of non-performing loans (NPLs) increased by 3.09 per cent.Tharith Panpiemras,...

High school students across Thailand in remarkable show of solidarity with anti-government protests

High school students throughout Thailand raised three fingers while adorning white ribbons during the daily flag-raising ceremony on Monday to stand in solidarity with the ongoing anti-government protests.The movement trended on Twitter with the hashtag, #โรงเรียนหน้าเขาไม่เอาเผด็จการ (the next schools...

Enquistock: Stock volatility and recommendations

I recently received a few calls from our readers seeking advice on a few stocks whose share prices suddenly started rising very sharply. Many inquiries were related to Delta Electronics, Hana Electronics, Do Home, and Sri Trang Gloves.This...

Thailand’s Q2 GDP shrinks by 12.2 per cent as fall in tourism and exports hurts country’s economy

Thailand’s economy shrunk by as much as 12.2 per cent during the second quarter of 2020, a government think-tank, the National Economic and Social Development Council (NESDC) announced Monday.The gross domestic product (GDP) during the second quarter was...

Sunday’s protest ends with defiant tone; ultimatum to the government

Sunday night’s protest ended on a defiant tone with protest leaders calling for the government to heed their demands or face a ramp-up of protests across the country.The protesters ended the night marching from the rally-site to a...

Disparate causes find common umbrella in student-led protests

The largest public protest since the military took power in a 2014 coup took place on Sunday with over 10,000 people demanding the resignation of the Prayut Chan-ocha government.For the past two months, student-led protests have engulfed...

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