Analysts expect a resurgence in initial public offerings (IPOs) next year, when many companies that delayed listing on the Stock Exchange of Thailand (SET) because of the pandemic are likely to offer shares amid renewed market enthusiasm. Chaiyaporn Nompitakcharoen, deputy managing director of Bualuang Securities, said market sentiment on the Thai bourses has already improved […]
Read MoreFestive items for the New Year holiday, including calendars, diaries and cards, are likely to have sluggish sales as their purchase orders are down 15-20% from the third quarter last year because of the impact of the pandemic, says the Federation of Thai Industries (FTI). The purchase orders usually occur in the third quarter of […]
Read MoreThe government has set a target to disburse at least 70% of the 400-billion-baht budget scheduled for social and economic rehabilitation in fiscal 2021. Danucha Pichayanan, secretary-general to the National Economic and Social Development Council (NESDC), said by the end of September next year (the final month of fiscal 2021) at least 70% of the […]
Read MoreThe Monetary Policy Committee left its key interest rate unchanged at a record low on Wednesday, as expected, as the economy showed signs of recovering from the fallout of the coronavirus pandemic. All seven MPC members of the Bank of Thailand voted unamiously to keep the one-day repurchase rate steady at 0.5% for a fourth […]
Read MoreThe Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower. Given the difficulties amid the Covid-19 crisis, some businesses have had to temporarily close and wait for economic conditions to return to […]
Read MoreLeading hotel groups in Thailand are urging the government to speed up the reopening process for tourists and provide additional financial measures to offset the shortfall of inbound tourists before they collapse. Accessible financial measures for operators of every size will help protect the industry and maintain jobs while the country waits for reopening mechanisms, […]
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Thailand
