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Thai shares down on coronavirus and budget concerns

Thailand’s main index was down by more than 40 points this morning, in line with other bourses in Asia as investors remain concerned about the outbreak of the coronavirus in China.The Stock Exchange of Thailand (SET) went down by 26.75 points to...

[UPDATE] Coronavirus hurting Thailand’s tourism revenues

Thailand's tourism authority said the widening of China’s travel restrictions due to coronavirus will affect Thailand’s revenue from tourism.“On average, around 800,000 Chinese tourists come to visit Thailand each month and each of them would spend around 50,000 baht per...

Long Read: Forty-two years with the Force

This essay will not be spoiler-free.A long time ago … and the galaxy might as well be far, far, away because I’m not a quantum particle and so my consciousness is stuck for ever on a swath of spacetime that moves...

Opposition, government prepares for censure debate

Thailand's coalition government and the opposition coalition are making preparations for a censure debate scheduled for later this week.The opposition coalition submitted a no-confidence motion late last week to the speaker of the House of Representatives and say...

Coronavirus cases rises to eight in Thailand, source of virus hypothesized in China

Thailand's public health ministry confirmed on Sunday that the number of coronavirus cases in the country had risen to eight, making it the country with the largest number of cases outside of China.Seven out of the eight cases...

#crappygovernment trends online as netizens attack government for poor crisis response

Thailand’s cabinet will hold an emergency meeting on Sunday as officials struggle to address growing concerns over the government’s response to several ongoing emergencies. The government has come under criticism for its handling of the coronavirus outbreak, the ongoing budget...

[UPDATE] Fifth case of coronavirus confirmed in Thailand

Thai officials confirmed, late Friday, that a fifth case of coronavirus had been found in the country, the highest number of cases outside of mainland China.Ministry of Public Health Officials said in a statement that the patient was...

No government shutdown, finance minister assures, as budget crisis continues for government

Finance Minister Uttama Savanayana insisted on Friday that there will be no government shutdown as the validity of the 2020 fiscal bill hangs in the balance.Parliament finally passed its long-delayed budget for the 2020 fiscal year two weeks ago, but its...

Shares of ACE falls to near floor price after its major shareholder is transferred in police reshuffle

Shares of Absolute Clean Energy Plc., a 45 billion baht market capitalization stock, took a beating Friday on the Stock Exchange of Thailand after one of its major shareholder – Veerachai Songmetta, was transferred in the Royal Thai Police...

Rules governing debt-relief funds for farmers set

The Farmers Rehabilitation and Development Fund has received a budget worth 2.3 billion baht for 2020 with 518 million baht being set aside for development projects.Government deputy spokesperson, Ratchada Thanadirek, told reporters that a draft of regulations for the management of the...

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