Market Watch
ADVANC profits decline in 2Q20 due to COVID-19, still better than analysts estimate
Advanced Info Service PCL (ADVANC), one of the largest mobile phone operators in Thailand, has reported its quarterly earnings through the Stock Exchange of Thailand (SET) showing losses due to the impact of the coronavirus pandemic.Net profit of...
Market Watch
The Ministry of Commerce said purchasing power and domestic demand are recovering from the outbreak
Thailand’s core consumer price index (CPI) index has increased by 0.39 per cent year-on-year in July, signalling that domestic purchasing power is recovering, said the Ministry of Commerce (MOC) on Thursday. Pimchanok Vonkorpon, the director-general of MOC’s Trade Policy and...
Main
AOT criticized for calling in private analyst to voice complaint about report on King Power connection
SET-listed,
state enterprise Airports of Thailand drew shades of the 1997 economic crisis
this week by asking Kasikorn Securities to withdraw an unfavourable analysis on
AOT’s stock and calling in the author for clarification. The move by AOT, one of the country’s largest...
Current Affairs
Prayut defends economic record, says the economy has improved since the 2014 coup
The Thai economy has improved since the coup of 2014, Prayut Chan-ocha, the previous junta leader and the current prime minister, said at a forum attended by foreign ambassadors and diplomats on Thursday.“Since I became prime minister on October...
Main
Revenue and profits drop sharply for Bumrungrad Hospital
Bumrungrad Hospital Plc., one of the country’s leading high-end healthcare operators, reported a sharp decline in its quarterly earnings after the country was faced with a coronavirus-induced lockdown that barred foreign visitors from coming into the country, a key...
Main
SEAOIL shares soar up by 6.9 per cent due to new crude discovery on L53/48
The share price of Sea Oil PCL (SEAOIL) stood at 2.48 baht on the Wednesday morning session closing (12:30 p.m.), rising up by 0.16 baht or 6.90 per cent. The surge in the share price reportedly came from the discovery...
Market Watch
A survey of 100 CEOs said that Prayut should not head any economic team
In an interview with a local newspaper, 100 chief executive officers interviewed by the paper said that Prime Minister Prayut Chano-ocha should not lead the government’s new economic team.According to Krungthep Turakij’s, the majority of the participants said that...
Market Watch
The cabinet approves medical marijuana farming for patients and community doctors
The cabinet has approved the Ministry of Public Health’s measures to allow patients with medical certificates and community doctors to produce, import, export, sell and possess medical marijuana, the government said on Tuesday. Traisuree Traisanakul, the deputy spokeswoman for the...
Main
Kasikorn abruptly advises AOT shares from buy to sell, dropping 42.55 per cent on target price
An analysis from Kasikorn Securities revealed that it has lowered its suggestion of AOT’s shares from “buy” to “sell” and reduced the target price down to 42.55 per cent, from 70.50 baht to 40.50 baht.Kasikorn Securities disagreed with Airports...
Current Affairs
CCSA will consider foreign businesspersons for admittance into Thailand; constitutional amendment coming, Prayut says
Next week, the Center for COVID-19 Situation Administration (CCSA) will finalize measures to allow foreign businesspersons entry into Thailand, Prime Minister Prayut Chan-ocha said on Tuesday.Currently, only foreign diplomats, government personnel, migrant workers, experts holding work permits, and people...
