Main
BOT concerned with the strengthening of the Thai baht
The Bank of Thailand (BOT) said on Monday that the central bank is worried about the rapid strengthening of the Thai baht as it does not reflect the country’s current economic condition.Experts agreed that the latest appreciation is caused...
Main News
For Thai returnees not looking forward to state quarantine, hotels are now offering a more luxurious option
For many, being stuck in quarantine for two weeks is both psychologically and physically undesirable. While the government is paying for the 14-day mandatory state quarantine for all returning Thai citizens, it comes with limited accommodation and services.However,...
Main
LPN shares surge amid market talks of possible takeover but fundamentals remain weak
Shares of a mid-market catering property developer, L.P.N. Development Plc (LPN) surged 13 per cent during the early morning trade as media reports suggested that the company was a possible target for a takeover.Shares of LPN, which has been...
Main
Thai Airways says it cannot honour ticket refunds for now, possibly forever
Citing asset protection, Thai Airways International (THAI) said on Thursday that the airline will temporary be unable to provide refunds for tickets. Thai Airways sources on Friday told Thai Enquirer that some of the ticket refunds will unlikely ever...
Main
New Bank of Thailand governor will have to get creative to stimulate the economy
The incoming Bank of Thailand (BOT)’s governor will have to get creative and come up with unique solutions to help the country recover from the coronavirus pandemic, experts told Thai Enquirer.Tim Leelahaphan, a Thailand economist at Standard Chartered...
Market Watch
About 8.4 million people are at risk of losing their job in 2020; household debt at 79.8 per cent in the fourth quarter, said...
The National Economic and Social Development Council (NESDC) said on Thursday that 8.4 million people are at risk of losing their job in 2020 because of COVID-19's impact on the economy.The total number of workers in the country dropped...
Main
Emergency loan is worth 1 trillion baht, not 1.9 trillion, government says
The total amount of emergency loans that will be used to counter the impact of COVID-19 is at 1 trillion baht, not 1.9 trillion baht, as the opposition has quoted in parliament, said the Thai government on Thursday.The...
Main
Thailand’s manufacturing index at its lowest in eight years
The Office of Industrial
Economics (OIE) said Wednesday that Thailand's manufacturing production index
(MPI) contracted by 17.21 per cent year-on-year to 79.04 index points in April,
the lowest in 8 years.This index also contracted
10.48 per cent year-on-year in March. The index...
Covid-19
CCSA set to reopen businesses considered high risk in Phase 3 of easing period
The Center for the COVID-19 Situation Administration (CCSA) is set to reopen businesses considered high risk in Phase 3 of the easing period.The CCSA committee in charge of the easing of lockdown measures will meet on Wednesday afternoon to...
Main
Thai bankruptcy court accepts THAI’s restructuring filing
Thailand’s Central Bankruptcy Court has accepted Thai Airways International (THAI)’s restructuring filing on Wednesday.Creditors will now be unable to collect debts from THAI while the case is still open. The court case will be on August 17. THAI is also expected...
