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- Business News
Thai stock exchange rises 1.5% but investors remain cautious
The Stock Exchange of Thailand (SET) experienced a 1.5% rise on October 11, attracting foreign investors who bought almost 3 billion baht (US$82,648,050) in stocks. Despite this, seasoned investor 50 year old Watchara Kaewsawang, exhibited caution about re-entering the market, citing the recent increase as a short-lived technical rebound following a series of downturns. Watchara acknowledged that his trading activity…
- Business News
Industrial estates in Thailand surge 182% due to foreign manufacturing influx
Industrial land sales in Thailand, managed by the Industrial Estate Authority of Thailand (IEAT), witnessed a dramatic rise of 182% year on year in fiscal this year, totalling 5,693 rai. This substantial increase was due to the migration of foreign manufacturing plants to Thailand and the country’s government’s investment incentives. The sales figures surpassed the previously projected target of 2,500…
- Covid-19 News
China’s economy expected to grow 1.6% in 2020 – World Bank
Much the world is currently seeing continuing surges of new Covid-19 cases, some countries are well into their 2nd wave. Meanwhile China is quietly getting it’s industrial engine and economy going again as new cases. In fact China’s number of ‘active cases’ has been dropping since April, and now is fewer than 200 total cases across the country. Along with…
- Covid-19 News
Europe is warned of rising Covid-19 rates as it enters the autumn season – WHO
“We are by no means out of the woods” – WHO chief Tedros Adhanom Ghebreyesus. The World Health Organisation is warning that Europe will face a rising death toll from Covid-19 during the northern hemisphere autumn. The warning comes as the number of world daily infections hit a record high. The WHO reported 310,692 new cases worldwide on September 11, with…
- Covid-19 News
Victoria’s capital, Melbourne, records 580 Covid-19 cases in past two days
Australia’s second biggest city, Melbourne, the capital of Victoria, has reported 363 new cases of Covid-19, after 217 cases were recorded yesterday. The recent spike in cases follows almost 2 and a half months of single-digit daily cases. The outbreak has been caused by inbound citizens, returning from overseas and defying quarantine regulations. Victoria’s Premier Daniel Andrews has announced that…
- Covid-19 News
Australia reports largest rise of Covid-19 in two months
Australia’s second most populous state of Victoria has deployed ambulances and mobile test centres after recording the largest rise of daily Covid-19 infections in two months. 33 people have reportedly tested positive in the southern state for coronavirus in the past 24 hours, marking nine days of double digit new cases. Desperate to contain the outbreak, authorities are beginning a testing…
- Covid-19 News
Singapore battles to control new surge in Covid-19 cases
The tiny island state, earlier seen as a vanguard for Covid-19 containment, has now seen a recent spike in cases pushing it to the top of the list in south east Asia’s tally of total number of cases. Singapore yesterday recorded 1,426 new COVID-19 infections, bringing its total to 8,014 (as of 9am Thai time) in a population of just…
- Covid-19 News
Singapore hit by a second wave of coronavirus cases
Singapore was a paragon of coronavirus containment. Covid-19 was under control in the island state. Case number were flattening out. But the virus has made a resurgent return with the previous ‘flattening’ of new cases now spiking. As Italy, Spain, the UK and US founder under a seemingly relentless pandemic, despite lockdowns and best intentions, several Asian nations stand out…
- Covid-19 News
Thai epidemiologist warns public to stay home to avoid virus surge
As the number of Covid-19 coronavirus infections rises around Thailand, an epidemiologist from the Ministry of Public Health is urging the public to stay home, avoid all social interaction unless absolutely essential and practise social distancing whenever you need to go outdoors to avoid an outbreak like those in Italy and Spain. Ministry epidemiologist Walairat Chaifoo says that the total…
- Economy News
Thai exports figures rise in January
Whilst there’s been plenty of economic challenges around for Thailand, including the high Thai baht and a levelling out of tourist arrivals, exports for January 2020 unexpectedly rose according to ministry figures. It’s the first rise in six months, and an increase of 3.35% from the exports 12 months earlier. The customs-cleared export numbers have been boosted by higher shipments…
- Tourism News
Thailand’s changing tourist demographic – the Indians
Take a walk around the markets of Pratunam in downtown Bangkok and you’ll soon discover there’s a new type of tourist in town. For years, Thailand’s tourism scene was dominated by Chinese visitors, with 10.5 million in 2018 alone, accounting for about 28% of total foreign arrivals. It still is. But after the tour boat Phoenix, carrying mostly Chinese tourists, sank off…
- Tourism News
Uptick in Thai tourism – August arrivals up 5.6%
Foreign tourists arrivals in Thailand rose 5.6% last month compared to a year earlier, with Chinese visitor numbers rebounding strongly, according to audited numbers published by the tourism and sports ministry. (Percentages rounded up to the nearest .1) Revenue from the 3.41 million foreign arrivals in August was 170 billion baht, up 7.1% year-on-year. The number of Chinese tourists, Thailand’s largest…
- Thailand News
Syphilis on the rise again in Thailand
Syphilis is again on the rise in Thailand. Although curable, this sexually transmitted disease can turn fatal if patients fail to recognise their infection and thus lose a chance to get timely treatment. The Bangrak STD centre, which is under the Disease Control Department, recently warned on its Facebook page that the number of syphilis cases had been rising at a…
- Business News
Exports rise nearly 7% in August, the highest this year
Thai exports have gown at 6.68% to US$23.8 billion during the month of August, the highest gain so far this year. The announcement from Ms Pimchanok Wornkhorporn, director of Trade Policy and Strategy Office of the Commerce Ministry. Exports for the first eight months of this year rose 10.03% and, for the rest of 2018, are expected to grow 8…
