EnquiStock
STGT listing is full of potential amid rubber glove boom during coronavirus pandemic
In less than 24-hours Thailand is going to see the listing of the 1st company on the Stock Exchange of Thailand (SET) since the outbreak of the coronavirus, which hammered the capital markets all across the globe.The last initial...
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Over 8 million Thais will lose their jobs or income while those living below US$5.5 per day will double because of COVID-19, said World...
An estimated of
8.3 million Thais, namely employees in the tourism and service sectors, will
lose employment or income because of the COVID-19 outbreak, according to a new
World Bank report on Tuesday.The number of the economically
insecure, or those living below US$5.5...
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Gulf Energy’s telecom moves questioned by investors
Analysts and investors are questioning Thailand’s largest electricity-generating firm Gulf Energy Plc (GULF)'s announcement on Friday that they recently purchased over 147 million shares of a telecom operator.GULF made headlines over the past few days after it announced it...
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The Real Story about Thai Fruit: Growth of Internet Sales and Pandemic Worries
Thai fruit has been the subject of controversy lately, thanks to a New York Times article that provoked the ire of both Thai readers and BIPOC writers in food media. The subjects of the story were exoticized into unrecognizability:...
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Thai shares jumped after US shares on Friday; S&P said Thailand COVID losses are significantly higher than peers
Thai shares jumped up on Friday after US shares were buoyed by US banking regulators to ease restrictions. It will now make it easier for banks to invest in venture capital funds and derivatives trading. By relaxing the Volcker Rule,...
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Non performing loans could sink the economy
Non-performing loans have become a major worry for the banking sector as the coronavirus pandemic has caused economic hardship with many clients defaulting on loans or unable to pay, several senior banking sources told Thai Enquirer on Thursday.The...
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UPDATE: BOT said Thailand could go into a recession of 8.1 per cent in 2020; export value could contract by 10.3 per cent
The Bank of Thailand (BOT) has lowered its GDP projection for 2020 down from a contraction of 5.3 per cent to a recession of 8.1 per cent on Wednesday. The Monetary Policy Committee (MPC) has also decided to maintain the...
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Projects under the 400 billion baht budget will be able to stimulate economy, says NESDC, but oppositions still doubt it
The proposals for the first phase of the economic
stimulus projects under the 400 billion baht budget has now surpassed 40,000
projects, the National Economic and Social Development Council (NESDC) announced
on Tuesday.This budget is part of the government’s emergency loan
for relief...
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Best performing company in Thailand in 2020 launches IPO of its rubber glove subsidiary
Sri Trang Agro Industry PCL , Thailand's largest natural rubber producer, is planning to raise at least half a billion dollars in an initial public offering (IPO) of its rubber-glove subsidiary Sri Trang Gloves Thailand which will run...
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Banking association supports central bank preventative measures
The Thai Bankers' Association (TBA) said on Monday that they support the Bank of Thailand (BOT)’s move to stop banks from paying interim dividends for the first half of 2020 and suspend share buybacks. The central bank said the move...
