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Thai bourse plans to add US$16bil in market cap in 2021
BANGKOK, Jan 8 (Reuters): The Stock Exchange of Thailand on Friday said it was seeking to boost its market capitalisation this year by 500 billion baht (US$16.61 billion) through initial public offerings (IPOs) and secondary listings.
Thai economy expected to grow 2.5-3% but not recover fully: don
BANGKOK (The Nation/ANN): The economy is expected to expand between 2.5 and 3 per cent this year, said Assoc Prof Dr Montree Socatiyanurak. He is director of the National Institute of Development Administration's Advanced Master of Management Programme.
Thai economy may lose US$10bil in Q1 from new virus outbreak
BANGKOK (Reuters): Thailand's economy could lose as much as 300 billion baht (US$10 billion) in the first quarter after its largest coronavirus outbreak saw consumer mood sink to a five-month low in December, according to the commerce university.
Thai business group cuts 2021 GDP outlook on COVID-19 outbreak
BANGKOK: Thailand's joint business group on Wednesday lowered its growth forecast to 1.5-3.5% this year, from 2.0-4.0% projected last month, saying the country's new coronavirus outbreak, its most severe yet, will hamper an economic recovery.
Thai c.bank warns virus outbreak could hurt economic outlook
BANGKOK: Thailand's economic outlook would be substantially affected by a surge in coronavirus cases, minutes of the central bank's last policy meeting showed on Wednesday, as the Bank of Thailand (BOT) saw a need to preserve limited policy room.
Thai economy hit by new Covid-19 wave, shortage of containers and strong baht: shippers council
BANGKOK (The Nation/ANN): Thai National Shippers Council (TNSC) expects exports this month to only grow by 3 to 4 per cent, as the new wave of Covid-19 infections is expected to further affect the export sector.
Thai rice exports to stay low this year
BANGKOK: Thailand’s rice exports are headed for another gloomy year after sinking to the lowest volume in two decades in 2020, as a global shortage of shipping containers reduce the prospects of increasing shipments.
Threat of new Covid-19 wave
BANGKOK: A new round of restrictions in Thailand aimed at containing a fresh wave of coronavirus infections will likely derail the economy’s nascent recovery from its 2020 slump.
Thailand orders a further 35 million doses of AstraZeneca vaccine
BANGKOK, Jan 5 (Reuters): Thailand's prime minister said on Tuesday his country had ordered an additional 35 million doses of the AstraZeneca Plc Covid-19 vaccine, bringing its total vaccine pipeline to 63 million doses.
Emerging markets: Philippine stocks fall as rate cut hopes fade, S. Korea index at record
SINGAPORE, Jan 5 (Reuters): Philippine shares slumped 1% on Tuesday as higher-than-expected inflation figures dimmed hopes of an interest rate cut in the near term, while the tech-heavy South Korean bourse scaled a record peak on robust chip export forecast for the year.