Main
DTAC sees increase in investor’s interest after reporting Q2 results but brokers remain cautious
Shares of Total Access Communications Plc, the operator of
Thailand’s 3rd largest mobile phone operator – DTAC, rose and become
one of the most traded shares in the morning and early afternoon trade after
the company reported earnings and announced interim dividend.Shares...
Current Affairs
Developing: Cabinet economics team officially resigns paving way for cabinet reshuffle
Thailand’s economic team led by Deputy Prime Minister Somkid Jatusripitak and Finance Minister Uttama Savanayana resigned from their posts on Thursday paving the way for a cabinet reshuffle.Also resigning were Minister of Energy Sontirat Sontijirawong, Minister of Education...
Main
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 News
Millions sign up for domestic travel programs but tourism industry says government aid still needed
More than 1.7 million people registered online for the government’s domestic tourism on Wednesday, according to the Ministry of Finance, but unless the government continues to bail out the industry, businesses say they will continue to flirt with bankruptcy....
Market Watch
MINT reduces offering price to 17.50 baht while brokers are wary of the company’s outlook
Minor International Pcl (MINT), one of ASEAN’s leading hotel operator, has decided to lower the offering price of its newly issued shares by about 8 per cent without citing any reason for the decision.The move to lower the price...
Market Watch
Loans under threat by coronavirus outbreak in the first half of 2020
State-owned banks and other Specialized Financial Institutions (SFIs) gave 3.79 trillion baht worth of loans to 11 million debtors affected by the coronavirus outbreak during the first half of 2020, the Government Financial Institutions Association (GFIA) said on Wednesday.The...
Main
Kasikorn predicts household debt to GDP could rise to 90 per cent
Amid the economic downturn, Thai household debts could rise to 90 per cent of gross domestic product (GDP), according to Kasikorn Research.They said that household debts could become more fragile due to the COVID-19 outbreak situation.The research house...
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...
EnquiStock
Analysis: Market euphoria could burn some investors as economic turnaround is not around the corner
The momentum of trading on the Stock Exchange of Thailand (SET) seems to have returned as daily trading values have seen a marked increase over the past months.As investor’s confidence
returns the daily trading volumes over the past 3-months has...
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...
