EnquiStock
Looking at and breaking down Thailand’s best performing stocks in a down year
A recent surge in global equity markets show that investors are perhaps ignoring the negative economic data released for the recently ended quarter.For example, the S&P 500 Index, Nasdaq Index, Korea’s KOSPI Index, India’s NIFTY Index, Jakarta Composite...
Main
Exports contract by nearly 25 per cent with no tourist arrivals in June, says the central bank
The Thai economy has improved in June but export value still contracted by nearly 25 per cent as there have not been any foreign tourist arrivals at all, the Bank of Thailand (BOT) said on Friday. Apart from the severe...
Main
TDRI says Thai economy could shrink by 10 per cent with 9.7 million workers to lose jobs
The Thailand Development Research Institute (TDRI) reports that the impact of COVID-19 could force the Thai economy to contract by 10 per cent in 2020, leaving it unable to rebound to pre-COVID levels until 2023.According to the report, the...
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Migrant workers and foreigners with the elite card can now enter Thailand, CCSA said
Migrant workers and foreigners with the Thailand Elite Card will now be allowed to enter Thailand, the government said on Friday. Dr Taweesin Visanuyothin, the spokesperson of the Center for COVID-19 Situation Administration (CCSA), said the CCSA will be admitting...
Market Watch
EEC will continue, the government insists
Public investments for the redevelopment of the Eastern Economic Corridor (EEC) will continue as planned, the Thai government said on Friday.The comments came following concerns over the continuity of government spending on large infrastructure projects after the new economic...
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Airports of Thailand [SET:AOT] says next fiscal year will be tough after coronavirus pandemic shutdown
SET-listed Airports of Thailand said on Friday that the next fiscal year starting in October will hit the company hard due to the effects of the coronavirus pandemic.AOT President Nitinai Sirimatthakarn told reporters that the number of passengers...
Market Watch
Bankruptcy court accepts Nok Air case; will decide in October on revival plan
Thailand's Bankruptcy Court accepted, on Thursday, Nok Air's request for arbitration and have frozen all debt repayments for the troubled low-cost carrier.The coronavirus pandemic has hit the airline industry in Thailand hard with Nok Air now the second...
Market Watch
Government reports low numbers in airline passengers and hotel bookings for its domestic tourism package
The government’s measures to stimulate domestic tourism has had minimal impact on the number of airline passengers and bookings for hotels. The Airports of Thailand (AOT) said on Thursday that the total number of passengers coming through its airports are...
Market Watch
Foreign investors ask for more clarity on the high-speed rail project following comments from the SRT
Foreign investors are calling for the incoming economic team to provide clarity over the country’s long-term projects amid rising uncertainties as the nationwide lockdown continues, experts said.Their comments came after the State Railway of Thailand (SRT) said last Tuesday...
Main
Property prices to fall due to COVID-19 impact
Property units have seen a sharp decline in demand from customers amid the COVID-19 outbreak as it is currently too risky to make any moves in the housing market.The price of new opening units from many developer companies dropped...
