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Banks’ second-quarter earnings reports continue to show a profit downswing

Net earnings reports coming from financial banks still show a sharp decline in profitability. Siam Commercial Bank (SCB) and its subsidiaries reported a consolidated net profit of 8.4 billion baht for the second quarter of 2020. Net profit slid 24...

Support pours in for Thai pro-democracy demonstrators from Hong Kong and the region

Students and activists from Hong Kong and Southeast Asia have expressed solidarity with Thai students after the latter held anti-government demonstrations this past weekend.The internet solidarity stems from the "Milk Tea Alliance," a growing online movement between Thailand,...

Analysis: What are the next steps for the students and the government?

Following large anti-government demonstrations this past weekend, the student protesters have given the government an ultimatum. They say the Prayut Chan-ocha administration must dissolve parliament within the next two weeks or face even larger, prolonged protests.The government for...

Opinion: The government asks if it would kill us to wait for elections? It very well might

In response to the protest led by Thai youth activists, a member of parliament (MP) came out to ask, “Are you dying while waiting 2 years for the general election?” (มันจะตายไหม เพราะเพียงอีกสองปีครึ่ง ก็จะมีการเลือกตั้งทั่วประเทศ) It is a little ironic that an MP...

Banks report dismal Q2 2020 earnings while TMB warns of 11.5 per cent contraction in 3rd quarter

Thailand’s banking sector announced the much-anticipated results of their second-quarter performance on Monday.The results show a sharp contraction in their earnings and higher reserve for possible doubtful loans to come in the near future as TMB says that...

Hotels warned by government after hiking up prices ahead of Tiew Pun Sook campaign

Any hotel found guilty of hiking up their prices ahead of the “Tiew Pun Sook” campaign will be delisted from the government’s measures to promote domestic tourism, the government said on Monday.The Thai Hotels Association urged its members on...

Thai netizens imagine a world where politics was good using viral hashtag #ถ้าการเมืองดี (If politics was good)

A viral hashtag with nearly 400,000 posts in the last 24 hours has Thai netizens imagining a country where the politics was not dominated by corruption and military interference.Online web users used the hashtag to fantasize about a...

Thai Army spokeswoman criticizes student protesters in deleted social media post

A Thai Army spokeswoman criticized student protesters who rallied in Bangkok and around the country this past weekend in a now deleted Facebook post, prompting criticism and calls for her resignation.Army Deputy Spokeswoman Nusra Vorapatratorn posted on her...

Opinion: Thailand can not go back to what it was, we must march on

At least 2,000 people rallied in Bangkok this weekend against the government in one of the largest political demonstrations in years. Given that the crowd received just a few days notice, the numbers were impressive.It is a continuation...

Student protests break out across the country after Bangkok rally; students attempting to organize nationwide

Saturday's protest in Bangkok has inspired copycat protests around the country as students in the country's north and northeast rallied this past weekend against the Prayut Chan-ocha government.Hundreds of protesters gathered in front the Tha Pae Gate in...

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