Restaurant operators are worried new state measures to curb the wave of Covid-19 infections will halt their recovering sales. An executive at Laem Charoen seafood restaurant who requested anonymity said because seafood is mostly consumed freshly cooked at restaurants, more than takeaway or delivery, his company anticipates a sales decrease. The government order on Monday that […]
Read MoreThe Securities and Exchange Commission (SEC) warns investors should closely monitor investments in cryptocurrencies due to high volatility, suggesting they invest and trade only with market players regulated by the SEC. Analysts, meanwhile, suggested investors with a moderate appetite for risk rebalance their portfolios by allocating no more than 10% of their assets to digital […]
Read MoreForeign fund flows are the only hope to sustain the stock market during the fresh outbreak of Covid-19, as GDP growth and earnings estimates for listed companies are expected to be downgraded if the outbreak continues and the government does not offer any strong economic support, according to Asia Plus Securities (ASP). ASP Research said […]
Read MoreBANGKOK: A new round of restrictions in Thailand aimed at containing a fresh wave of coronavirus infections will likely derail the economy’s nascent recovery from its 2020 slump. Prime Minister Prayuth Chan-ocha urged the public on Monday to stay home and avoid travel after authorities closed a series of venues – from schools to bars […]
Read MoreThe government plans to revise key laws and regulations covering immigration, foreign business and other sectors next year in order to draw more foreign direct investment. The revisions will also cover foreign workers, excise tax, city planning, biodiversity, the movie and video business, and energy sector including infrastructure and alternative energy. The government aims to […]
Read MoreBanks are preparing cash reserves to accommodate withdrawals during the New Year holidays. Kasikornbank is planning to allocate Bt36.8 billion for its KBank branches and ATMs from December 28 to January 1. Of that, Bt10.5 billion will be distributed among KBank’s 860 branches nationwide, with Bangkok getting Bt4.5 billion. Another Bt26.3 billion will be loaded […]
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Thailand
