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Private sector wants govt to allow firms to freely import Covid-19 vaccines

A joint committee of three private sector organisations requested a meeting with Prime Minister Prayut Chan-o-cha to discuss measures that would enable private firms to freely import Covid-19 vaccines, Federation of Thai Industries (FTI) president Suphan Mongkolsutee said on Wednesday. ....

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Top banker warns slow vaccine rollout could 'devastate' manufacturing

As a series of new Covid-19 clusters prompt factory shutdowns and losses to business and the economy, a top banker has warned the shambolic vaccine rollout could cripple Thailand's manufacturing industry. ....

Krung Thep Mahanakhon , Kaeng Khoi , Sara Buri , Payong Srivanich , Wichien Buri , Sunthorn Kongwarakom , Sunthorn Kongwarakom Health , Sri Trang Gloves Thailand Plc , Charoen Pokphand Foods Plc , Thai Banker Association , Thai Banker , Pokphand Foods Plc , சாரா புரி , ஸ்ரீ திரங் கையுறைகள் தாய்லாந்து ப்ல் , தாய் வங்கியாளர் சங்கம் , தாய் வங்கியாளர் ,

Thai Factory Outbreaks Show Damage From Slow Vaccine Rollout

(Bloomberg) A series of new Covid-19 clusters have emerged in Thailand’s manufacturing sector, prompting factory shutdowns and losses to business and the economy. ....

Krung Thep Mahanakhon , Payong Srivanich , Thai Banker Association , Pokphand Foods Pcl , Sri Trang Gloves Thailand Pcl , Thai Banker , தாய் வங்கியாளர் சங்கம் , ஸ்ரீ திரங் கையுறைகள் தாய்லாந்து பல் , தாய் வங்கியாளர் ,

Thailand Plans 'Pawn Shop' Style Rescue for Hotels Hit by Covid

Thailand Plans ‘Pawn Shop’ Style Rescue for Hotels Hit by Covid
Bloomberg
3/11/2021
Anuchit Nguyen and Suttinee Yuvejwattana
(Bloomberg) Thailand is finalizing a rescue plan for tourism-related businesses near collapse from the pandemic that would improve their access to credit from banks wary of further bad loans.
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The Finance Ministry, Bank of Thailand and commercial banks are working on a plan allowing cash-poor companies to temporarily park their assets with lenders in exchange for credit, and reclaim them within a specified period. The aim is to keep small businesses such as hotel operators from having to liquidate distressed assets at firesale prices or go out of business because of their debts. ....

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Fed reassurances fail to calm nervous investors

Fed reassurances fail to calm nervous investors
published :
6 Mar 2021 at 04:00
1
Recap: Global stocks in developed and developing markets alike came under pressure again on Friday after reassurances by the chief of the US Federal Reserve failed to soothe investors concerns about a recent surge in borrowing costs. Oil prices also leapt after the Opec and its allies surprised the market by deciding to keep output unchanged.
The SET index moved in a range of 1,487.99 and 1,543.48 points this week and bucked the downbeat trend yesterday by closing up 10.00 points at 1,544.11, an increase of 3.16% from the previous week, in heavy daily turnover averaging 101.08 billion baht. ....

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