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Predee Daochai tipped to be the next finance minister after mass resignation
Predee Daochai, the Co-President of Kasikorn Bank and Chairman of the Thai Bankers Association, is tipped to be the next finance minister after the resignation of the Prayut government's economics team following a leadership contest inside the ruling party....
Main
Sources: Sethaput front-runner to be Bank of Thailand governor
With the current central bank governor Veerathai Santiprabhob due to retire at the end of September, the government has for months been screening candidates and reaching out for recommendations for a qualified candidate to fill the vacancy.The field...
Main
New graduates face an uncertain job market due to COVID-19
New graduates face uncertainty as the Thai economy is expected to shrink due to the impact of the coronavirus.Tanit Sorat, the vice-chairman of Employers’ Confederation of Thai Trade and Industry, said that the majority of businesses have been forced...
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Opinion: Inconvenient truths about US debt explosion
The resurgence of COVID-19 in the United States is paving the way to a debt record, even relative to government debt at the end of World War II. The collateral damage in global recovery will be significant.The delays and...
Main
CARE Group says international travel is possible with right precaution and necessary for businesses to keep the light on
International tourism is possible with proper management system while travel bubbles for foreign tourists is a must, experts from the medical and tourism sector said at CARE Group’s tourism forum on Saturday.The Thai government is currently in business bubble...
Main
Possible cabinet reshuffle will not affect fiscal 2021 budget bill; new economic team coming
A likely cabinet reshuffle will not affect the parliament’s debate on the fiscal 2021 budget bill or the government’s economic team, top government officials said on Friday.Deputy Prime Minister Wissanu Krea-ngam said on Friday that the resignation of the...
Main
Cross-border trade down but transit trade with Singapore and China up
The cross-border trade dropped nearly 10 per cent in the first five months of 2020, the Foreign Trade Department said on Thursday.The nationwide lockdown, which began in March, has resulted in the temporary closure of 69 crossing points out...
EnquiStock
Thailand’s IPO market since 2014 coup shows consumer-related firms are some of the best performers
This week we continue with our story of listing of Sri Trang Gloves Thailand (STGT). As we hoped, the company made a spectacular debut on the Stock Exchange of Thailand (SET) with its share price closing at 67.25 bath...
Market Watch
The New Normal in the Banking Sector: Four Trends after Covid-19
Compared to the beginning of this year, the ways many of us live and
work today are substantially different. The COVID-19 pandemic has not only triggered
many significant changes in consumer behavior – some of which are expected to be
permanent –...
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THAI to let go only 1,000 employees, a board member told its union
Thai Airways International
(THAI) told its union this week that only 5 per cent of its employees will be
let go under the airline’s new rehabilitation plan.The flagship carrier currently
hires around 20,000 employees. Of that, about 1,000 are pilots and...
