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SET below 1500
The Stock Exchange of Thailand (SET) dropped below the psychological mark of 1500 points yesterday, its lowest in three years and two months, from concerns over the impact of the outbreak of the new coronavirus on the global economy.The...
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Factory shuts down in Thailand due to lack of raw materials from epidemic-struck China
Around 500 Thai and
foreign workers were laid off by a Taiwanese mining company operating in
Thailand this week after the company said it had lost its access to raw
materials from China due to the outbreak of the coronavirus.Sica New Materials...
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Opportunities for Thailand in a post-Brexit world
After more than three and a half years of negotiation,
the United Kingdom has finally left the European Union. The United Kingdom and
the EU will now enter an 11-month transition period during which careful negotiations
and transitional metaphors will be the...
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[UPDATE] Exports could still expand this year
There are six factors that could help exports to expand this year, following a contraction of 2.7 per cent in 2019, said the Ministry of Commerce’s Office of Trade Policy and Strategy Office (TPSO). Exports’ value declined by 1.3 per...
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SET could hit rock bottom this month
Domestic indexes were mostly in the red zone during the morning session, as the outbreak of the coronavirus is still out of control.The main Stock Exchange of Thailand (SET) index opened at 1514.14 points today before trading down by...
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A cure for the SET?
Market sentiment is still going to be about the new coronavirus this week, with the baht continuing to depreciate and additional government measures aimed at stimulating the economy on the way. Rising political tensions, from the delay in the...
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BOT to lower its GDP prediction in March
The Bank of Thailand (BOT)’s senior director of the monetary policy group, Don Nakornthab, said the central bank will lower its GDP projection for 2020 to be less than the 2.8 per cent previously forecasted. The BOT is scheduled...
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TAT proposes measures to stimulate tourism amid coronavirus outbreak
After the news that Tourism and Sports Minister Phiphat Ratchakitprakarn had proposed Thailand not scrap visas-on-arrival (VOAs) for Chinese travellers, the Tourism Authority of Thailand (TAT) has also proposed a number of measures to the economic cabinet on Friday...
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SET yet to recover, baht down, while political pressure rising
The Stock Exchange of Thailand (SET) took a slight hit from the World Health Organization (WHO)’s declaration of the coronavirus as a 'global emergency,' as expected.With 14 cases, Thailand has the largest number of infections outside of China so...
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WHO to upset SET
The market’s concern over the new coronavirus is expected to resurge today as the World Health Organization (WHO) has declared a global health emergency over the global outbreak. The Stock Exchange of Thailand (SET) closed yesterday with 1523.99 points, slightly...
