Market Watch

Restaurants cautious as Thailand allows some to re-open

On Sunday, the Thai government allowed some restaurants and eateries to re-open after a month of closure. The government had shuttered many businesses in their attempt to keep coronavirus infection numbers low.The re-opened restaurants will still have to...

Formally employed Thais also hit by coronavirus outbreak/shutdown; SSO under pressure

The Thais working in a formal capacity have been adversely affected by the government's measures to control the spread of the coronavirus, government statistics on Monday revealed.Thailand's informal work sector has made the news in the past weeks...

New central bank statistics paint a gloomy economic picture for Thailand

The number of inbound tourists has “severely contracted” by 76.4 per cent while exports dropped by 2.2 per cent year-on-year in March, said the Bank of Thailand (BOT) on Thursday.The BOT added that the Thai economy has contracted...

Anutin stays firm on the ban of toxic farm chemicals

The ban of three toxic farm chemicals should be implemented in June, according to Deputy Minister and Public Health Minister Anutin Charnvirakul on Thursday.Thailand’s National Hazardous Substances Committee (NHSC) recommended the ban on the production, import, export or possession...

Recapping new cabinet measures to help mitigate outbreak woes

The cabinet meeting on Tuesday resulted in various measures to help mitigate the impact of the coronavirus outbreak and increase competitiveness.Here is our short summary on some of the important new measures:More cash handoutsThe number of eligible workers...

The government may partially divest from THAI and not hold a controlling stake under new rehabilitation plans

The government has accepted a new rehabilitation plan for Thai Airways International (THAI) after a meeting led by Prime Minister Prayut Chan-ocha on Wednesday that could see it become mostly owned by the private sector, according to the State...

BMA undecided on alcohol sales, two-day window may be closed

The Center for Covid-19 Situation Administration (CCSA) is still in discussion with the Ministry of Interior (MOI) on the alcohol sales ban. There is no conclusion on the matter, a government spokesman said on Wednesday.Earlier reports said that the...

THAI could cancel 20 routes under the new rehabilitation plan

Prime Minister Prayut Chan-ocha's meeting on Wednesday could result in a bailout of about 50-70 billion baht and the loss of 20 international routes for Thai Airways International (THAI).The rehabilitation plan will reportedly involve a loan worth 40-50 billion...

Thailand could further lower its crude reserves if demand for oil continues to stay low

Another reduction to the country’s oil reserves is possible if the demand is still low, according to Energy Minister Sontirat Sontijirawaong on Tuesday.Experts said Thailand’s demand for oil has diminished by nearly 10 per cent in March and more...

Thai government pushes for negotiation on CPTPP without proper public debate

The government is pushing to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) without proper public debate amid a nationwide lockdown, an expert said on Tuesday.The Ministry of Commerce said on Monday that they will ask...

Latest Posts

spot_imgspot_img