Market Watch
STGT went up by nearly 70 per cent on its first day of trading
The price of Sri Trang Gloves Thailand (STGT)’s shares went up by nearly 70 per cent on its first day of trading. The rubber-glove maker’s initial public offering price was 34 baht. After entering the Stock Exchange of Thailand (SET) on...
Main
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...
Market Watch
Half of all Japanese firms in Thailand say sales have significantly dropped during the first half of 2020
Japan External Trade Organisation (JETRO) said on Wednesday that almost half of all Japanese businesses in Thailand have seen their sales significantly impacted by the outbreak of the coronavirus.Japan is one of the biggest investors in Thailand. The amount...
Current Affairs
Kasikorn predicts GDP in Q2 to decline by as much as 18.5 per cent as economic slowdown takes grip in Thailand
The Thai economy saw further deterioration in May as the fall in tourism revenue coupled with the continued decline in exports, domestic consumption and private investments are all likely to lead to the economy contracting by as much as...
Main
Thailand could miss next round of CPTPP negotiation in August as the government needs more time
Thailand could miss the next round of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) negotiation in August, a government special committee said on Wednesday.Veerakorn Kumprakob, Palang Pracharat Party’s MP who was put in charge of a special...
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...
Main
TAT launches “We miss the rain” campaign with low-cost carriers and other partners
The Tourism Authority of Thailand (TAT) introduced on Wednesday the “We miss the rain” campaign to promote domestic tourism with low-cost carriers and other partners.The campaign is a part of the government’s 22.4 billion baht budget that was set...
Main
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...
Main
Government passes measures to boost domestic tourism
Cabinet
meeting - TravelThailand’s government said on Tuesday that it
would be passing numerous measures in the coming months to promote domestic tourism
to offset the lack of foreign arrivals.The cabinet subsequently approved a budget of
2.2 billion baht to promote “Rao...
Main
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...
