Covid-19
Coronavirus impact steepens as global banks project sharper dip in economic growth and unemployment
Banks and global institutions have come out to warn that the recession that has gripped the world could be far worse than predictions made just weeks ago as the spread of the virus has been far worse than their...
Market Watch
Market Watch: Positive swing for the SET as businesses reopen
Upward fluctuations are expected for the Stock Exchange of Thailand (SET) on Tuesday as the number of confirmed coronavirus cases is stabilizing and the government is reopening some businesses during the State of Emergency.The outbreak elsewhere is still worrisome...
Main
The central bank’s bond moves may be in line globally but it is raising questions at home
The third economic coronavirus relief package worth at least 1.9 trillion baht is not without controversy. Various aspects of the plan, which was announced this month, has been criticized by analysts and former officials.The Bank of Thailand (BOT)’s...
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Rice prices at its highest in 7 years
The price of rice, a staple food for many in South East Asia, is at its highest point in 7 years as the outbreak of the coronavirus is increasing the demand for food.According to the Thai Rice Exporters Association,...
Main
Ten million people will lose their jobs if virus is not contained in 3 months
Around 10 million people will be out of job if the coronavirus outbreak is not contain within the next 3 months, said representatives from the private sector. “Businesses estimated that around 7 million people are out of jobs right now...
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Market Watch: Trading begins on Songkran after oil price war ends
Monday is the first ever Songkran investors will be able to trade on as the traditional holiday has been cancelled by the outbreak of the coronavirus. One good news, for the energy sector, is that OPEC+ has reached a historic...
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BOT’s measures under fire for soft loan and bond proposals
The Bank of Thailand (BOT) is under fire as economists and past BOT officials, led by former chairman and former deputy prime minister Veerapong Ramangkun, file an open letter against their plans to provide direct soft loans and buy...
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Help local farmers by consuming more fruits as exports are at a standstill
In April, more than 995,000 tons of durian, mangosteen, rambutan and langsat are either waiting to enter the domestic market or be exported but lockdowns are hampering logistics and threatening the quality of these fruits.The demand for fruits, especially...
Market Watch
Market Watch: SET to go down after a disappointing OPEC+ meeting
The Stock Exchange of Thailand (SET) is expected to go down on Friday as the OPEC+ meeting did not turn out the results investors were expecting, while Good Friday will close down most major markets.SET continued to fluctuate on...
Main
Consumer confidence at a 21-year low due to Covid-19 worries
Consumer confidence dropped to a 21-year low in March as people continue to worry about the rising number of confirmed cases and the State of Emergency (SOE) implemented in Thailand due to the coronavirus outbreak.According to the University of...
