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Consumer confidence at a 21-year low due to Covid-19 worries
Consumer confidence dropped to a 21-year low in March as people continue to worry about the rising number of confirmed cases and the State of Emergency (SOE) implemented in Thailand due to the coronavirus outbreak.According to the University of...
Main
Bad quarter still looms despite a more positive week for SET
The Stock Exchange of Thailand (SET) may be in recovery but the second quarter continues to look grim, experts said.The index ended March with 1125.86 points, down 16 per cent from February. The average daily trading value for...
Market Watch
Department stores adapt to the curfew as SOE continues
Department stores adapt to the curfew now in place as the State of Emergency (SOE) is likely to last throughout April.Malls, such as Central Pattana (CPN) and Mixt Chatuchak, have postponed rent until the end of April as...
Covid-19
Opinion: Coronavirus pandemic takes a toll on tourism sector and hurts those less fortunate
We can all agree that everyone is affected by the Covid-19 pandemic. Nobody is safe from the virus, regardless of their social status. Top politicians, celebrities, and sports personalities have been infected. Nevertheless, if the disease spreads further, it...
Main
Recession, dead ahead! Contraction looms for Thailand and Asia
No one could have predicted in February when Thailand's total number of coronavirus cases was around 40 that the country would be headed towards a recession.But with the number of confirmed cases skyrocketing to over 2,000 cases and...
Main
Banks could gain 70 billion baht from the lowering of FIDF contribution
As part of the government’s third relief package, the Bank of Thailand
(BOT) proposed in principle to the economic cabinet on Friday to reduce the
amount commercial banks pay into the Financial Institutions Development Fund
(FIDF) from 0.46 per cent to 0.23...
