Market Watch

Produce and beverage industry asks for ease on export ban

Many in the food and beverage industry are urging the government to ease regulations on exports as fresh produce rot away in storage due to the State of Emergency (SOE).Curfew and strict checkpoints throughout the country are affecting...

Anutin denies request by vendors to partially open alcohol sales

Alcohol vendors asked Prime Minister Prayut Chan-ocha on Monday to allow for takeaway and delivery options instead of a complete ban on alcohol sales.  Public Health Minister Anutin Charnvirakul said that the request would not be considered.Many provinces, including...

Private sectors send in proposals to reopen, while high-risk businesses will stay closed indefinitely

The private sector proposed its plan to reopen to the Center for Covid-19 Situation Administration (CCSA) on Monday, as the government is in discussion to relax its nationwide lockdown.If the plan is accepted, businesses which have been deemed low...

Nok Air under pressure after pictures emerge showing crowded planes, no social distancing

Nok Air has come under increasing pressure over the weekend as online photos revealed no social distancing on their flights. The carrier was the only airline continuing to operate in April as the rest of the country shut down...

Corporations like CP should not be given government assistance if they continue to spend recklessly

The past week has seen a lot of huff and puff over whether the country’s central bank should come to bailout some of Thailand’s leading corporations as the global coronavirus pandemic has created a havoc in the financial markets.Amid...

Airfares to increase as airlines resume operations on May 1

Major low cost airlines, such as Thai Lion Air (TLA) and Thai AirAsia, will begin operating on May 1 after the Civil Aviation Authority of Thailand (CAAT) announces new health and safety measures.People will no longer be able to...

Bank of Thailand announces two new emergency decrees to help SMEs

The Bank of Thailand (BOT) announced two emergency decrees on Thursday night that will allow the central bank to come up with measures to help small and medium enterprises (SMEs) from the impact of the coronavirus outbreak.These measures include...

Millions will be discarded from the 5,000 baht handout; while public debt is set to increase to 58 per cent by the end of...

Millions will be discarded as the government estimates only around 14 million workers in the informal sector will receive the total of 15,000 baht for the three months between April and June.Approximately 28.8 million people have registered for the...

Watana and Thaksin warned Somkid about OTOP

Ousted Former Prime Minister Thaksin Shinawatra told current Deputy Prime Minister Somkid Jatusripitak that his plan to revive the One Tambon One Product (OTOP) could be wasteful if the scheme is not updated.Core member of Phue Thai Party Watana...

Retail prices for rice are temporarily lowered as cabinet approves 2.9 billion baht rice insurance scheme

The Ministry of Commerce has asked businesses to lower retail prices for Thai rice, as it continues to increase in price and global demand in spite of the shortage in supply due to the ongoing drought and coronavirus pandemic.Commerce...

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