New SET50 free-float rules will likely be announced either by this or next week with implementation from July 1, 2021. Tabloid quoted broker expecting the followings:
Yingluck fine axed in surprise ruling: Court says ministry’s penalty illegitimate. The Finance Ministry is set to appeal against yesterday’s Central Administrative Court ruling that revoked its order requiring former prime minister Yingluck Shinawatra to pay a hefty fine of 35.7 billion baht for the losses incurred by her government’s ricepledging scheme. Bangkok Post
New minister ponders delay of PDPA: New Digital Economy and Society (DES) Minister Chaiwut Thanakhamanusorn is considering whether to postpone the full enforcement of the Personal Data Protection Act (PDPA) slated for this June to help unprepared small and medium-sized enterprises (SMEs) that could be affected by the legislation. Bangkok Post
BoT urged to keep credit card measure: The credit card club of the Thai Bankers’ Association has proposed the central bank maintain a minimum debt payment measure for credit cards to help alleviate the financial burden on consumers during the country’s uneven economic recovery. Bangkok Post
Tourism operators have slammed the government’s inefficient public inoculation scheme, which is preventing herd immunity as a fresh outbreak affects the industry for a third time.
Govt eyes field hospitals to cope with virus surge: The government is considering setting up field hospitals in Bangkok to brace for a new wave of Covid-19 infections stemming from pubs and bars. Bangkok Post
Action on inoculation paramount: Tourism operators irked by 3rd wave. Tourism operators have slammed the government’s inefficient public inoculation scheme, which is preventing herd immunity as a fresh outbreak affects the industry for a third time. Bangkok Post
Bangkok’s new wave of Covid infections is starting to show signs of causing a bed shortage in hospitals just as the military plans to set up 10 field hospitals in the capital with 3,000 beds. Two private hospitals, PR9 and Sukhumvit Srinakarin (under BDMS) have stopped giving covid tests as they have run out of test kits.
Airlines are urging government to shut down domestic travel during Songkran holiday period to prevent a 3rd wave of Covid, or else Thailand’s tourism will risk losing more over the long run.
Spending to drop by B50bn a month: Consumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of the Thai Chamber of Commerce (UTCC). Bangkok Post
