business

Thailand’s economy has displayed remarkable resilience despite experiencing its largest wave of Covid-19 cases, HSBC Global Research said. It said Thailand’s real GDP still expanded by 0.2 per cent quarter on quarter (QoQ) in the first quarter of 2021.

The Bank of Thailand (BOT) has one of the most mature interbank/wholesale central bank digital currency (CBDC) projects in the world, a report from PwC said.

Thailand’s three top telecommunication service providers, namely Advanced Info Services (AIS), Total Access Communication (Dtac) and True Corporation (True), have generated a revenue of more than 100 billion baht in the first quarter despite the Covid-19 impact on the economy.

The Stock Exchange of Thailand (SET) Index fell by 15.62 points or 1.01 per cent to 1,533.86 at 10.18am on Monday. The volume of total transactions was THB16.56 billion with an index high of 1,544.64 and a low of 1,529.69.

The baht opened at 31.35 to the US dollar on Monday, weakening from Friday’s closing rate of 31.39.

The price of gold in Thailand rose by THB200 per baht weight in morning trade on Monday due to the weakening dollar.

Foreign automakers in Thailand have been hit severely by the Covid-19 crisis, which has led to changes in automotive technologies and consumer behaviour, semiweekly business publication Thansettakij said on Saturday.

AIA Group Limited (the “Company”; stock code: 1299) announces delivers very strong new business growth value of new business up 19 per cent in the first quarter ended 31 March 2021

The Stock Exchange of Thailand (SET) Index closed at 1,549.48 on Friday, up 1.35 points or 0.09 per cent. The volume of total transactions was THB97.35 billion with an index high of 1,558.86 and a low of 1,532.29. The SET rebounded slightly after three consecutive days of losses this week.

dtac installs Equipment Support for Medical Personnel in the Treatment of COVID-19 Boosting High-Speed Internet at Thailands Largest Field Hospital with 5,200 Beds at Muang Thong Thani

The worldwide microchip shortage that is driving up the price of computers and other devices will last through 2021, according to Gartner, Inc.

B.Grimm Power Public Company Limited (BGRIM),, achieved a 654.3% growth in the net profit attributable to the parent company in the first quarter of this year to 611 million baht.

The number of people applying for pico finance and pico-plus finance operation licences has been constantly rising, Pornchai Triraveja, spokesman for the Fiscal Policy Office (FPO) said.

The Stock Exchange of Thailand (SET) Index rose by 7.30 points, or 0.47 per cent, to 1,555.43 at 10.02am on Friday. The volume of total transactions was THB7.34 billion with an index high of 1,558.86 and a low of 1,554.04.

The price of gold rose by THB100 per baht weight in morning trade on Friday, thanks to mass buy-ups of safe-haven assets amid the decline in US bond yield and uncertainty over rising US inflation.

The online meeting between the Legal Execution Department and creditors to vote on Thai Airways (THAI)’s rehabilitation plan was postponed by a week to May 19.

The Stock Exchange of Thailand (SET) Index closed at 1,548.13 on Thursday, down 23.72 points or 1.51 per cent. The volume of total transactions was THB143.71 billion with an index high of 1,561.80 and a low of 1,501.02.

The Securities Commission Malaysia (SC), the Monetary Authority of Singapore (MAS) and the Securities and Exchange Commission of Thailand (SEC Thailand) have signed a supplemental memorandum of understanding (MoU) with the Securities and Exchange Commission Philippines (SEC Philippines) to admit it as a new signatory to the Asean Collective Investment Schemes (CIS) Framework.

The Stock Exchange of Thailand (SET) Index fell by 20.79 points or 1.32 per cent to 1,551.06 at 10.01am on Thursday. The volume of transactions was THB8.24 billion with an index high of 1,554.15 and a low of 1,549.06.

The price of gold dropped by THB50 per baht weight in morning trade on Thursday due to uncertainty over higher US inflation, which could trigger the Federal Reserve to hike the interest rate. Meanwhile, the strengthening dollar and rising US bond yield also pressured the gold price.

The Stock Exchange of Thailand (SET) Index closed at 1,571.85 on Wednesday, down 7.08 points or 0.45 per cent. The volume of total transactions was THB117.16 billion with an index high of 1,578.34 and a low of 1,557.94.

Huawei Commits to Grow in Thailand, Contribute to Thailand through Technology-Empowered Healthcare amid Covid-19 Challenges. The doctors are using AI-assisted diagnose solution to analyze CT scans and compare them with over 4,000 cases

The Stock Exchange of Thailand (SET) Index fell by 12.55 points or 0.79 per cent to 1,566.38 at 10.21am on Wednesday. The volume of transactions was THB20.74 billion with an index high of 1,577.16 points and a low of 1,565.95.

About 70 to 80 per cent of small to medium-sized enterprises (SMEs) are suffering from a lack of liquidity since the third Covid-19 wave hit Thailand in late March and 100,000 could close for good, warned Saengchai Theerakulwanich, president of the Federation of Thai SMEs, calling for urgent government help.