Co-pay scheme generates B70bn: Goal of the scheme is to stimulate consumer spending. Capital worth 70 billion baht circulated in the economy during the 3 1/2 months of the co-payment subsidy scheme, says the Finance Ministry. Bangkok Post Exports above expectations: Exports fared better than expected for the full year of 2020, contracting 6.1% from […]

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So the Thai Government has done another wonderful job at shutting down the economies throughout the country yet again. Same playbook, trades are in, just wait. Commodity prices are still going up up up. And shipping has already moved a fair bit. No inflation you say? Look at Japan’s electricity prices this month due to […]

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B400bn fund to steady corporate bond market : The Bank of Thailand (BoT) insisted yesterday the planned establishment of a 400-billion-baht corporate bond fund managed by itself is a necessary instrument in stabilising the corporate bond market amid concerns about possible interference from economic experts. Bangkok Post Coronavirus aid rejectees raise ruckus at ministry : […]

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BBL shareholders approve the acquisition of PT Bank Permata TBK  It’s going ahead – Shareholders have approved approved its plan to acquire all the shares in PT Bank Permata Tbk (BNLI). The deal is now expected to close in 2020 after BBL completes the transaction with Standard Chartered and PT Astra to acquire their combined 89.12% […]

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Oil Fund scraps 1-baht discount : Fuel prices to rise by 50-60 satang per litre as tensions ease. The Energy Ministry yesterday announced the end of the onebaht discount on eight types of motor fuel, saying US-Iran military tensions were likely to ease and pose little threat to the stability of oil prices. Bangkok Post […]

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Coronation day for King set for May 4-6. The coronation ceremony for His Majesty the King will be held during May 4-6, the Royal Household Bureau announced on Tuesday. (Bangkok Post, 01/01/19) Cost of firing staff cited as a ‘burden’. The high cost of severance pay given to employees is a financial burden on the […]

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Public bus fares to rise from Jan 21. Fares for buses serving Bangkok will rise next month by at least one baht and interprovincial buses will charge 10% more to help operators cover rising fleet costs. (Bangkok Post, 14/12/18) FTA, GSP use rises sharply. The utilization rate of free-trade agreement (FTA) privileges and the Generalized […]

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Prayut to use S44 to settle weed patents. Prime Minister Prayut Chan-o-cha is preparing to use Section 44 to settle contentious requests to patent marijuana extracts, which has sparked concern it could set back plans to develop them for medical purposes. (Bangkok Post, 27/11/18) MPI up 4% last month. The manufacturing production index in October […]

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With oil prices continuing its decline, the last sector holding up the market is gone, finito over. Many questions were asked over the weekend re how far will it drop..who knows..last time it was from the 70’s to 20’s, this time let’s see. Who benefits, well the names tossed out were ptg, tasco, epg, and […]

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