Tech shares lead US rally after Fed reassurances
published : 10 Apr 2021 at 04:00
Recap: US tech shares led a Wall Street rally after Federal Reserve Chairman Jerome Powell assured that inflation was not a worry. European stocks were subdued yesterday while most Asian markets retreated as traders looked ahead to a much-anticipated earnings reporting season.
The SET index moved in a range of 1,552.18 and 1,601.24 points this week before closing yesterday at 1,566.34, down 1.87% from the previous week, in daily turnover averaging 88.97 billion baht for four operating days.
Retail investors were net buyers of 6.55 billion baht and foreign investors bought 2.09 billion baht. Institutional investors were net sellers of 6.29 billion and brokerage firms offloaded 2.34 billion baht worth of shares.
Southern corridor under consideration
published : 7 Apr 2021 at 04:25
2 Officials inspect motorists at a provincial border checkpoint between the southern provinces of Pattani and Narathiwat as a preventive measure against Covid-19. AFP
The government is mulling the establishment of a Southern Border Economic Corridor (SBEC), spanning the southern border provinces of Pattani, Yala, Narathiwat, along with four districts of Songkhla province Chana, Na Thawi, Saba Yoi and Thepha to ensure greater efficacy in terms of development plans for the region.
Bordin Rassameethes, acting deputy secretary-general of the Southern Border Provinces Administration Centre (SBPAC), said the SBEC was recently pitched as a way to upgrade the government s development plans for the region, an idea similar in form to the existing flagship Eastern Economic Corridor (EEC).