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Political risks stifle Thai bonds
Published on 06/06/2024
» Rising political risk in Thailand is keeping foreign investors cautious about the country’s bonds, even as they tiptoed back into the market in May for the first time in six months.
SET devises plan for foreign firms, family businesses
Business, Published on 06/06/2024
» The Stock Exchange of Thailand (SET) has developed a strategic business plan to attract foreign industries with operations in Thailand as well as family businesses to list on the Thai bourse, aiming to prop up market capitalisation.
A turbulent time for govt
Oped, Editorial, Published on 06/06/2024
» Winning an election and forming a coalition is one thing; running a country, another. After nine months at Government House, the Srettha Thavisin government finds itself struggling to fulfil its campaign promises. Tough issues -- such as the charter rewrite, boosting tourism, the 10,000-baht digital wallet scheme and the sluggish economy -- remain a fierce challenge.
Thailand wants faster inflation
News, Daniel Moss, Published on 06/06/2024
» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.
Handout to be 'paid out at same time'
News, Mongkol Bangprapa, Published on 06/06/2024
» Deputy Finance Minister Paopoom Rojanasakul insisted yesterday that the 50 million people eligible to each receive 10,000 baht under the government's digital wallet scheme will receive the sum at the same time in the last quarter of the year as initially planned.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
The Mall Group Expands Tourism Network with 35 Partners
Published on 05/06/2024
» The Mall Group marches forward to join forces with their various tourism industry partners, including hotels, airlines, international payment platforms, travel websites, and others, to form a Tourism Ecosystem and expand the Tourism Network. This aims to attract foreign tourists, which the latest expansion has seen the partnering with 16 leading airlines, international payment platforms, and leading international travel websites to offer remarkable experiences and super special privileges, beyond any other offers for foreign tourists, at The Mall Group’s department stores. The collaboration is targeted to attract foreign tourists during June to August, which for many countries is the summer holiday period for schools.
Political jitters hamstring SET index
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
PM eyes visa shift to draw more talent
News, Chairith Yonpiam, Published on 05/06/2024
» The government has set out to boost the country's competitiveness by becoming a hub for skilled foreign workers as part of a long-term strategy to spur and sustain economic growth.
Soft power struggles
Life, Apinan Poshyananda, Published on 05/06/2024
» Prime Minister Srettha Thavisin's 10 months in office have proven to be full of optimism, entertainment and drama. His non-stop whirlwind trips to lure investors including Microsoft, Tesla, Formula One, Tomorrowland and Art Basel to Thailand earned him the image of the salesman on a Time magazine cover. With the government's 10-month report card out and future plans in discussion, there has been both applause and confusion.