Thailand has fallen behind Asian rivals in its bid to escape the middle-income trap, according to an expert panel debating economic revival after Covid-19.
With Thailand's inflation galloping, unemployment relatively high and the outlook for economic growth dimmed by another outbreak of Covid-19, economists and analysts are increasingly warning of a possible bout of stagflation.
Suphachai Chearavanont, chief executive of Charoen Pokphand Group (CP), the agribusiness giant, recently mentioned dire economic prospects, including the ominous word hyperinflation.
<p><span>Thailand Futures Exchange PCL (TFEX) today announced the awardees of six categories of TFEX Best Award 2021. KGI Securities (Thailand) pcl (KGI) obtained “Most Active House Award”; Country Group Securities pcl (CGS) was granted “Active Agent Award” in terms of transaction from investors; and Kasikorn Securities pcl (KS) was awarded “Popular Agent” in terms of investor base expansion. “Active Prop-Trading Award” was presented to Kiatnakin Phatra Securities pcl (KKPS); and “Market Maker Best Performance Award” was bestowed to Classic Ausiris Investment Advisory Securities Co., Ltd. (CAF). Furthermore, MTS Capital Co., Ltd. (MTSGF) won TFEX Best Award of Honor in recognition of the consistency in outstanding market maker performance during 2019-2021. </span></p>