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Page 13 - Kasikorn Research News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Routes to recovery

Routes to recovery published : 15 Mar 2021 at 06:48 182 A sample of a Covid-19 vaccine passport produced by the Public Health Ministry, meant to facilitate international travel. The Tourism and Sports Ministry announced a more relaxed mandatory quarantine scheme last week called Area Quarantine , which is scheduled to be ready on April 1. Under the plan, vaccinated tourists are required to quarantine for only seven days instead of two weeks within hotel areas. After one week, they can travel to any province. Those who have not been inoculated must spend 10 days in quarantine, but they are entitled to roam around restricted areas within the property.

Investors cheer as Biden signs huge stimulus bill

news Investors cheer as Biden signs huge stimulus bill The Bangkok Post © The Bangkok Post Recap: Global shares were flat yesterday but still remain within sight of record highs. Asian shares gained after US President Joe Biden signed the US$1.9-trillion stimulus package into law, boosting market sentiment. The SET index moved in a range of 1,537.23 and 1,584.61 points this week before closing yesterday at 1,568.19, up 1.56% from the previous week, in daily turnover averaging 100.33 billion baht. Institutional investors were net buyers of 2.02 billion baht, foreign investors bought 756.4 million. Retail investors were net sellers of 2.45 billion baht while brokers offloaded 321.29 million baht in shares.

New outbreak to impact Thai trade and tourism revenue

New outbreak to impact Thai trade and tourism revenue
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Registered commercial banks profit hit 9-year low

18 This year s aggregate net profit of commercial banks registered in Thailand is estimated at 144 billion baht, a nine-year low, attributed mainly to the pandemic impact, says Kasikorn Research (K-Research). The estimate uses the Thai Financial Reporting Standards 9 (TFRS 9). The combined net profit of registered commercial banks was 254 billion baht in 2019, before TFRS 9 came into effect, according to K-Research. It was reported in October that both the third-quarter and nine-month net profit of major SET-listed financial institutions saw a double-digit decline on a year-on-year basis as banks beefed up loan provisions to cushion against higher bad debt prospects. For instance, Kasikornbank (KBank), the country s largest commercial lender by total assets, and its subsidiaries reported third-quarter net profit of 6.67 billion baht, down 32.9% year-on-year.

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