Market Watch
TAT said packages boosting domestic tourism could bring 70 billion baht in revenue; CAAT said international flights to resume in September
The Tourism Authority of Thailand (TAT) said on Wednesday that the government’s measures to stimulate domestic tourism valued at 22 billion baht could bring economic activities worth 70 billion baht in return. The cabinet has on Tuesday approved three packages...
Main
Real estate market to pick up in second half of 2020
The coronavirus pandemic has led to a drop in the demand for housing but experts say that sentiment is likely to rise in the second half of 2020.The Real Estate Information Center’s data show that there were over...
Market Watch
SET faces negative sentiment from China on Monday; investors wait for positive results from the cabinet on Tuesday
The Stock Exchange of Thailand (SET) went down heavily on Monday as investors sold to take in profits. Phillip Securities (Thailand) said the SET could end the day at 1345 index points, as the index was facing negative sentiment due...
Main
CEOs in the US say that it is unnecessary to make mass redundancies even as Thai companies do
Only a quarter of chief executive officers (CEOs) in the United States have furloughed their workers because of the coronavirus outbreak with many saying that such a move was unnecessary.22.6 per cent of CEOs in the world's largest...
Covid-19
Thai blue-chip and legacy stocks face an unprecedented crisis in 2020
As the economic ramifications of the coronavirus emergency continue to reveal itself around the world, blue-chip and legacy companies in Thailand have not been spared by the far-reaching pandemic.Retail, hospitality, manufacturing, industry, it seems virtually every major sector of...
Market Watch
BOT’s liabilities have reached 6.13 trillion baht in April
The Ministry of Finance (MOF) announced via the royal gazette on Friday that the Bank of Thailand (BOT)’s liabilities have reached 6.13 trillion baht. The announcement was based on BOT’s annual financial report to the MOF. The report shows that the...
Main
Curfew to be lifted; Phase 4 will begin on Monday
The Center for COVID-19 Situation Administration (CCSA) said on Friday that the curfew will be lifted and Phase 4 of the easing period will commence from Monday, June 15 onwards. However, the State of Emergency (SOE) and the entry ban...
Main
Representatives from the private sector urge the government to join CPTPP negotiations despite opposition from the public
Analysts and economic groups told Thai Enquirer this week that the Thai government should join formal negotiations on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in August. “We should enter the negotiation,” an economist and independent analyst Somchai...
Market Watch
Consumer confidence contracted for 29 months in a row; economy could contract by 8.8 per cent if government’s measures are not tangible, UTCC said
Consumer confidence contracted for 29 months in a row as of May, the University of the Thai Chamber of Commerce (UTCC) said on Thursday. The consumer confidence index fell to a historic low, the likes of which haven't been seen...
Main
Hotels are slashing prices as government looks to boost domestic tourism
Hotels are slashing prices to lure in Thai customers as the government starts boosting domestic tourism. The future of international travel, however, remains in doubt.The government will decide on measures to promote domestic tourism by the cabinet meeting next...
