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Thailand: An accidental trader faces shifting winds

Charoen Laothammatas doesn’t aim too high in life. He lives simply and never had dreams of becoming a trader, especially in rice, a highly political crop with a tendency towards price volatility. “When I was young I wanted to be a doctor, but I didn’t have a chance to pursue studies in that field,” says […]

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Thailand: Domestic flights resume with extra safety protocols

Four airlines resumed domestic flights on Friday with unprecedented public hygiene measures to reduce the possibility of Covid-19 transmission. Nok Air, AirAsia, Thai Lion Air and Thai Vietjet Air were allowed to reinstate flights between 14 provinces after a month-long suspension now that the number of Covid-19 infections was falling. The 14 provincial airports are […]

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Thailand: BoT outlines possible recovery paths

The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank. The V- or U-shaped recovery mainly depends on foreign tourist arrivals and the global economy, said Don Nakornthab, who is in charge […]

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Thailand: Investment buyers flock back to condo market

Condo investment buyers are starting to rule the market again by scooping up ready-to-transfer units at discount prices and speculating to reap capital gains over the next two years as the pandemic fades, according to property consultants. The heavily discounted prices from top developers have lured many investment buyers this month after they went missing […]

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Thailand: FTI calls for state clarity on reopening businesses

The Federation of Thai Industries (FTI) is calling on the government to provide clear guidelines for businesses reopening in May to prevent a second wave of Covid-19 infections. Supant Mongkolsuthree, chairman of FTI, said the government should build confidence through its measures to control the spread of the virus. “Businesses agree with the government on easing […]

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