ASPS: Thai bourse can expect inflows Capital inflows will move towards risky assets, especially in Asia including Thailand after the International Monetary Fund (IMF) revised its world GDP growth estimate for 2021 from 5.2% to 5.5%, a signal the economic impact of the pandemic may have receded, predicts Asia Plus Securities (ASPS) Research. According to…
Risk-Averse Thai Investors Clash With Central Bank’s Baht Goals (Bloomberg) — The Bank of Thailand is scrapping obstacles for Thais to invest directly in foreign equities in an effort to stall the baht’s relentless rally, but will need to overcome locals’ traditional risk aversion for the program to succeed. Regulatory changes include raising the cap…
Massage shops and spas in Chon Buri get the “okay” to reopen Massage shops and spas as well as other similar venues in Chon Buri will be allowed to reopen after being closed for nearly a month due to strict Covid-19 control measures. Massage and spa workers gathered earlier this week, calling on the government…
Chatuchak market is in worst crisis in 5 decades due to Covid-19, vendors say Chatuchak Weekend Market, Bangkok’s biggest market and a popular tourist destination, is hit hard by the new wave of Covid-19. With the lack of foreign tourists due to travel restrictions over the past year, as well as more locals staying at…