Market Watch

Oil price problems in US unlikely to affect Thai and ASEAN producers

The global demand for oil has dramatically dropped as people and businesses are locked away at home and most planes are grounded because of the coronavirus pandemic.Large oil producers like Saudi Arabia and Russia are using the opportunity...

What you can get from electricity providers

For those still confused about what they should be getting from the three state-owned electricity providers, who sent more 35.33 billion baht worth of profit back to the government’s coffer in 2019, here is the Thai Enquirer’s simplification for...

An online option for gold trade as pandemic increases demand

HelloGold is an online application to help curb the spread of the coronavirus pandemic, as reports indicate people are either rushing to buy gold or rushing to sell them as prices get higher.HelloGold came to Thailand, the sixth largest...

Unemployment rate could hit historic highs amid outbreak woes

The rate of unemployment in Thailand could reach 3-5 million people due to the coronavirus outbreak. It would be the highest unemployment figure ever seen on record, said Siam Commercial Bank’s Economic Intelligence Center (EIC). Representatives from the private sector,...

Market Watch: Oil and bank shares will keep SET down on Tuesday

With dampened demand due to the coronavirus outbreak, oil firms have been renting tankers to store surplus which has sent US oil prices into the negatives during Monday night trading. This is uncharted territory.US' benchmark, the West Texas Intermediate...

Ariya Banomyong quits Channel 3

Ariya Banomyong, president of BEC World, has submitted his resignation letter as president and company director due to personal reasons, confirmed a letter released to the Thai stock market by BEC World Company Ltd, one of Thailand's largest TV...

Thai Lion Air is letting people go as low-cost airlines prepare to resume domestic operations

The state-owned Thai Airways International (THAI) will be bailed out one way or another but privately owned airlines, such as Thai Lion Air and Air Asia, will be left to their own resources, according to industry insiders.  Thai Lion...

High electricity bills have Thais hoping for lowered costs

Following complaints from citizens to lower costs as electricity bills triple during the lockdown, Energy Minister Sontirat Sonthijirawong announced there will be a meeting of all departments involved on the issue on Monday.As a suggestion, Senator Khamnoon Sithisamarn said...

No alcohol until the end of the month for Bangkokians

The Bangkok Metropolitan Administration (BMA) will extend the ban on sales of alcohol from April 10-20 to the end of this month (April 30), said Dr Chawin Sirinak, director of the BMA's Health Department, on Monday.Dr Chawin asserted that...

Bangkok Expressway and Metro wants to hike your toll after the coronavirus outbreak is over

Bangkok Expressway and Metro (BEM) filed a letter to the Expressway Authority of Thailand (EXAT) on Friday saying that they intend to enact provisions that will allow them to increase their revenues as they have been affected by the...

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