The government will introduce measures aimed at generating jobs and boosting income early next year, Finance Minister Arkhom Termpittayapaisith said on Monday. He said the Covid-19 pandemic outbreak has cost people their income, but added that the situation is improving following the reopening of the country. This has spurred more travel, which could bring back […]
Read MoreThe Thai stock market, along with the global stock markets, continued to drop on Monday as investors assess risks and uncertainties surrounding the newly emerged Omicron Covid variant. The SET Index plunged 20.92 points or 1.3% to close at 1,589.69 yesterday with trading value of 115.8 billion baht. Meanwhile, European stock markets rebounded slightly on […]
Read MoreBangkok eateries that meet disease control standards can serve alcohol until 11pm from Wednesday, and pub owners can convert their premises to restaurants if they also want to reopen, the Bangkok governor said on Monday. Governor Aswin Kwanmuang on Monday issued his latest order on the closure and reopening of business premises. The order allows […]
Read MoreThe baht opened at 33.65 to the US dollar on Tuesday, strengthening from Monday’s closing rate of 33.73. The Thai currency is likely to move between 33.55 and 33.75 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might weaken because foreign investors sold short term […]
Read MoreThe 4-per-cent expansion of gross domestic product (GDP) in 2022 is achievable even though Thailand and global communities are facing the threat of the variant of concern Omicron, Finance Minister Arkhom Termpittayapaisith said on Monday. He was speaking at the online seminar “Investment Minutes in Late 2021” hosted by the Thai News Agency. The minister […]
Read MoreThe outlook for banks in emerging markets (EMs) is stable over the next 12 to 18 months, according to Moody’s Investors Service, but lenders in Vietnam and Malaysia are likely to perform better than those in Thailand. The world’s biggest credit ratings company said lenders will be supported by the continued recovery in economic activity […]
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