business

Thailand’s border and transit trade in June surged 41.68 per cent from same period last year, the Commerce Ministry reported on Wednesday. Total border-transit trade last month was worth 146.094 billion baht.

The Thai economy in June continued to feel the impact of Covid-19, Fiscal Policy Office (FPO) revealed on Wednesday.

Despite the Covid-19 pandemic, the first half of 2021 saw 41,022 new businesses established, or 23 per cent more than the same period last year. In comparison, only 4,930 businesses shut down or 21 per cent fewer than last year.

The rise can be attributed to Tropical Storm Cempaka, which has now weakened into a tropical depression, bringing heavy rain to Northern Vietnam and the Gulf of Tonkin during the past few days, coupled with the scheduled release of water from the Nam Ou Hydropower Dam.

The Stock Exchange of Thailand (SET) Index closed at 1,537.63 on Tuesday, down 7.47 points or 0.48 per cent. Transactions totalled THB70.26 billion with an index high of 1,551.43 and a low of 1,531.81.

Bangkok Airways to resume its first international flight (Samui – Singapore), starting from 1 August 2021 onwards

The Stock Exchange of Thailand (SET) Index rose by 0.62 points, or 0.04 per cent, to 1,545.72 on Tuesday morning.

The baht opened at 32.90 to the US dollar on Tuesday, strengthening from last week’s closing rate of 32.92.

The price of gold in Thailand dropped by THB200 per baht weight on Tuesday morning.

Arabica coffee futures are hitting fresh highs and extending a dramatic rally with more crop-destroying cold temperatures heading to Brazil, the worlds top grower.

Jeff Bezoss Blue Origin spaceflight company has publicly offered to cover up to $2 billion in NASA contract fees so it can remain involved in the U.S. governments effort to return astronauts to the moon.

U.S. equities extended their run to all-time highs on Monday, with with megacap technology companies leading the way higher as investors weighed the outlook for growth at the start of a busy week of earnings and policy updates.

Policymakers urged to drive vegetables as national agenda to curb non-communicable diseases killing 400,000 Thais every year.

More people are offering large trees as collateral for loans, as encouraged by a 2018 goverment regulation, Mallika Boonmeetrakul Mahasuk, adviser to the Minister of Commerce, said.

Thailands exports in June hit their highest levels in 11 years, the Commerce Ministry reported.

In the stock market, the refusal of retail investors to back down from every macro threat has become the only story. When will it end? Judging by the size of all the pools of cash lying around, it could be a while.

The Boeing 767 banked over the Red Sea, turning east into Saudi Arabia. A commercial version of the plane can carry about 260 passengers. Inside this one, Saudi Energy Minister Prince Abdulaziz bin Salman and a dozen or so aides were heading home from a tumultuous meeting at OPECs headquarters in Vienna the day before.

Bangkok, 23 July 2021 – Demand for elephant ivory and tiger products is a significant driver of the illegal wildlife trade, but a new campaign is encouraging Thais to join celebrities and social influencers like Cherry-Khemupsorn and Wannasingh Prasertkul in a bid to prevent further detriment to these species.

The Stock Exchange of Thailand (SET) Index closed at 1,545.10 on Friday, down 7.26 points or 0.47 per cent. Transactions totalled THB59.50 billion with an index high of 1,553.25 and a low of 1,540.35.

BTS Group Holdings Public Company Limited or BTS Group has implemented sustainable business practices and committed to environmental stewardship, and therefore initiated the issuance of BTS Group Green Bond as a financial tool to help mitigate global warming.

Organised by JAND Events, the Thailand International Boat Show will take place 6 - 9 January 2022 at Royal Phuket Marina.

CKPs stock price rose to 6 baht on Thursday morning, increasing from the previous price by 0.20 baht or 3.45 per cent. The share hit its highest point at THB6.10 and the lowest at THB5.95 baht on Thursday with total trade value at THB135.20 million.

The downpour also caused the Nam Hung river, a tribulary of the Mekong River, to burst its banks, flooding Xayaboury Town and affecting 4,897 households in 39 communities along the river banks, leaving their houses and streets buried under the mud carried to the area by the floodwater which also caused difficulties for travelling.

The Covid-19 lockdown will result in a 0.8 per cent contraction in economic activities in a best-case scenario where the new infection rate goes down by 40 per cent within August, said Chayawadee Chai-Anant, senior director at the Bank of Thailand’s Macroeconomic Department on Thursday.