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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Listed companies reported 3Q18 total profit of Bt254bn, +22%YoY. 9M18 profit was Bt780bn, +11%YoY. (Kao Hoon, 19/11/18) Auto output at 63-month high. The Federation of Thai Industries (FTI) reported on Tuesday that automotive output in October was the highest in 63 months, with a rise of 20.62%YoY to 197,203 units. The FTI’s automotive industry club […]

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BoT seen holding key rate, but hike possible next month. The Bank of Thailand is widely expected to leave its key interest rate near a record low on Wednesday, though there was a good chance that the first rate hike in years could come in December, a Reuters survey showed. (Reuters, 12/11/18) Govt: No more […]

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Highs in key indices spur optimism for GDP. The Thai economy got off to a strong start in 2018, with solid private consumption and tourist arrivals, and exports and consumer confidence hitting multi-year records in January. This prompted the FPO in January to upgrade its economic growth forecast for this year to 4.2% from 3.8% […]

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