Main News
Weaponized Interdependence: The New US-China Financial War
Adam Smith once thought that more trade would mean less war. So did Kant. Liberals (in the classical sense of the word) believed that increasing economic interdependence would provide incentives to avoid war and encourage cooperation rather than conflict....
Main
Central bank defends decision to stop banks from paying dividends and suspension of share buybacks
The Bank of Thailand (BOT) said on Saturday that its decision to stop banks from paying interim dividends for the first half of 2020 and suspend share buybacks is because they wanted to protect the country’s financial system.Veerathai Santiprabhob,...
Main
EXCLUSIVE: Government accepts FTI’s proposal to increase access to liquidity for SMEs
The Federation of Thai Industries (FTI) asked Prime Minister Prayut Chan-ocha on Friday to increase SMEs' access to liquidity. The government has accepted the proposals and will now be going over details in the coming weeks. Supant Mongkolsuthree, FTI’s chairman,...
Market Watch
U-Tapao Airport and Eastern Aviation City set to open in 2024
The Thai government signed a contract on Friday worth 290 billion baht with U-Tapao Company International Aviation (UCIA) consortium for the development of “U-Tapao Airport and Eastern Aviation City.” The aviation hub is expected to open by 2024. The companies in...
Main
Head of CIMB Thai resigns; says now is time to hand reins to a new generation of leaders
The head of CIMB Thailand, Adisorn Sermchaiwong, resigned from the Bank on Friday and will leave the company by September, the bank told investors in a statement.Adisorn, who currently serves as CIMB's director, president and chief executive officer,...
Market Watch
Government approves rice insurance scheme for farmers
The National Rice Policy and Management Committee (NRPMC) on Thursday approved the income insurance program for rice farmers during the 2020-2021 production season.Ratchada Thanadirek, the deputy spokeswoman for the Prime Minister's Office, told reporters that the government approved,...
Main
EXCLUSIVE: FTI’s increased its projection for car production from 1 million to 1.4 million for 2020
The Federation of Thai Industries (FTI)’s Automotive Industry Club (AIC) said on Thursday that the country’s car production, domestic sales and exports have shown signs of recovering in May. The AIC has subsequently increased its projection for car production from...
Main
New report says Asian countries in 2020 will grow at slowest rate in 60 years
An Asian Development Bank report released on Thursday said that developing countries in Asia will grow at its slowest rates in over 60 years due to the widespread impact of the coronavirus pandemic.The growth rate for the region...
Main
Business sentiment increases for the first time in four months
The Federation of Thai Industries (FTI) said on Wednesday that the Thai Industries Sentiment Index (TISI) has increased for the first time in four months in May. The index rose up from 75.9 points in April to 78.4 in May,...
Covid-19
Taiwan, New Zealand, Australia and Japan among countries considered for ‘travel bubble’
Thailand's government is considering several countries that have successfully fought back against the coronavirus pandemic for a 'travel bubble' agreement, sources told Thai Enquirer on Thursday.Among the countries being considered for a travel ban lift are Taiwan, New...
