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August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given in to the fact that he would have to listen to the demand for changes to the constitution although he came out to warn the student protesters “not to create chaos” after many advocated for reform of Thailand’s constitutional monarchy. Gen Prayut has pledged his support for amendments to the current constitution, the move in which his critics say is just an attempt to placate anti-government protesters. He told all sides to wait for the House committee studying charter amendments to pass resolutions on the matter. He even said the government will prepare its own draft charter as he plans to ask the coalition parties to brainstorm with the core coalition party, according to Thai language Daily News newspaper. “I support changes that are needed and I am not in conflict.” He has not stated, though, what possible changes the parliament would discuss.

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Page 1: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

August 5, 2020

Thai Enquirer Summary

Political News

Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given in

to the fact that he would have to listen to the demand for changes to the constitution

although he came out to warn the student protesters “not to create chaos” after many

advocated for reform of Thailand’s constitutional monarchy.

Gen Prayut has pledged his support for amendments to the current constitution,

the move in which his critics say is just an attempt to placate anti-government

protesters.

He told all sides to wait for the House committee studying charter

amendments to pass resolutions on the matter.

He even said the government will prepare its own draft charter as he plans to ask

the coalition parties to brainstorm with the core coalition party, according to Thai

language Daily News newspaper.

“I support changes that are needed and I am not in conflict.” He has not

stated, though, what possible changes the parliament would discuss.

Page 2: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

There are also reports that Gen Prayut held a closed-door meeting with leaders

of the key coalition parties, namely his Deputy Prime Minister and Commerce

Minister Jurin Laksanawisit, as the Democrat Party leader, and Deputy Prime

Minister and Public Health Minister Anutin Charnveerakul, as the Bhumjai

Thai Party leader, to discuss the charter amendment proposals pushed by the

opposition.

Gen Prayut told the coalition parties that the government is ready to

support the opposition’s call seeking amendments to the charter but he

wants to weigh in on their proposals.

Juti Krairerk, the Social Development and Human Security Minister and a

Democrat Party member, urged the government to hasten the opposition’s call

for charter amendments and said the government can claim the credit for

initiating the amendments to the charter.

The call for possible amendment of the charter did not go well with the appointed

senators who have a 5-year term and are all selected by the military regime.

Senate Speaker Pornpetch Wichitcholchai openly opposed growing calls from

the government coalition parties and the opposition for the setting up of a new

constitution drafting assembly (CDA).

Pornpetch said he was not against the proposal to seek an amendment to

Section 256 but he disagreed with the formation of a new CDA but said there

could be many other ways, rather than amending Section 256 to pave the way

for the new CDC.

Pornpetch also insisted that senators do not attempt to block the charter

amendment bid but said there are other issues that should be amended such as

a provision in the constitution that deals with single ballots for elections.

Page 3: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

When asked about whether the provision that allowed the Senate to join the

Lower House in voting for a prime minister should be amended, Pornpetch

said he would have to reconsider this provision carefully.

Prime Minister and Defence Minister Prayut Chan-o-cha said he planned to organise a

forum within this month to allow the “young generation” to express their opinions. He

said the forum could be in the form of discussions organised by state agencies to address

issues or demands of the young generation.

The non-political CARE group [standing for Creative Action for Revival & People

Empowerment] led by Phumtham Wechayachai is also pushing for a constitutional

amendment.

The group plans to hold a seminar group entitled, “CARE inviting to think and

drive forward the rewriting of dream charter of the people” on August 8 at LIDO

Connect, Siam Square to push for constitutional amendments and the drafting of a

true democratic constitution.

The group expressed a clear stance for its demand for constitutional amendments

to be conducted in 3 phases:

Holding forums to the compiling opinions of academics, tertiary,

university students and the general public, starting from August 8;

Publishing educational tools to educate the public about the history of

previous constitutions for a comparative study.

Laying out the details of the draft charter for the new charter for the

public. This draft charter will be called the CARE’s version of the

people’s dream charter”.

Page 4: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

Reports of government spokeswoman Narumon Pinyosinwat resigning from her post

yesterday (August 4) have fuelled rampant speculation of who will be picked as new

government spokesperson.

Some reports have come out that chances for Phalang Pracharat Party (PPRP)

spokesman Thanakorn Wangboonkongchana will be picked as new government

spokesman is also highly likely.

However, when asked about the matter, Prime Minister and Defence Minister

Prayut Chan-o-cha told reporters that he had yet to decide on the appointment but

said he already had someone in mind and told reporters to wait and see if the

person will be an insider or outsider, a man or a woman.

He said the Cabinet has not put up an agenda to pick a new government

spokesperson. Any party can make a nomination but the final decision rests with

him.

The cabinet meeting on Tuesday (August 4) did not talk about the issue,

according to deputy government spokeswoman Traisulee Traisoranakul.

However, there are reports that Gen Prayut is taking Thanakorn into consideration

due to his former experience as former secretary to the finance minister who

could immediately provide information and responses to political issues raised by

government critics and the opposition.

The House of Representatives has been asked to pay for 3.5 million baht’s worth of

reserved airline tickets by Nok Air after many MPs and former MPs booked flights but

failed to take them, Somboon Uthaiweignkul, the secretary to the House Speaker

revealed.

Page 5: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

The move was revealed after executives of the airline sought a meeting with

House Speaker Chuan Leekpai on the occasion that they offered well wishes

to Chuan on his birthday anniversary at Parliament yesterday (August 4).

Somboon said the Secretariat of the House of Representatives received a letter

on June 17 informing it about 3,522,419 baht in bills for collection from Nok

Air. The expenses came from reserved tickets booked by 113 MPs and former

MPs during 2012-2013. Some of them have reserved tickets worth 200,000-

300,000 baht.

Initially, Chuan told the airline to send letter to inform MPs and former MPs

in question to pay for their unpaid tickets because they are personal matter.

The House is not liable to act on behalf of the company to ask for MPs and

former MPs to pay for their unpaid bills.

Political activist Srisuwan Janya, secretary-general of the Association for the Protection

of the Constitution, said he will today (August 5) petition the Prime Minister to delay the

appointment of new national police chief set for August 7 due to suspicion surrounding

deputy national police chief Pol Gen Wirachai Songmetta’s transfer.

Srisuwan said he would ask the Prime Minister to delay the appointment of new

national police chief because there is sufficient ground that the transfer order

signed by the national police chief for Pol Gen Wirachai is suspicious.

He demanded Gen Prayut to halt the appointment of new national police chief

until allegations against Pol Gen Wirachai who was accused of breaching serious

disciplinary criminal action are resolved to ensure fairness and transparency.

Prime Minister and Defence Minister Prayut Chan-o-cha yesterday (August 4) issued a

stern warning over the shooting incident at an illegal gambling den on Rama III Road in

Bangkok’s Yannawa District that he would “spare no one”.

Page 6: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

Four people including a police major were killed in a shooting incident according

to Metropolitan Police Bureau commissioner Lt. Gen. Pakapong Pongpetra.

Police reported that gunshots were fired at the venue in the small casino in

Bangkok, the bodies of 2 women and 2 men were located including police

Maj. Wathaseth Sumniangprasert, Pol Lt Gen Pakapong said in a news

conference yesterday.

Wathaseth was not on duty Monday night and was taking part in the gambling.

An initial investigation found that the other dead man had shot the police

officer and then turned and fired wildly at the crowd, killing the 2 women. An

unknown person then shot and killed the first gunman and fled before police

could arrive from a nearby precinct, Pol Lt Gen Pakapong said, adding that it

seemed the gunman bore some grudge against the policeman.

The issue of further investigation into the shooting seems to be taking similar path to the

case of Red Bull heir Vorayuth “Boss” Yoovidhya as police is saying that they did not

find any close circuit tv cameras when they entered the area. Although pictures from

yesterday showed CCTV cameras all over the place.

Take a look for yourself.

Page 7: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

The police reached the venue of the shoot out nearly 2 hours after the incident thus giving

enough time for the illegal gambling den to clear up the casino and the CCTV cameras.

The Casino before all this with a picture taken some time ago

On the latest development on the Red Bull heir Vorayuth “Boss” Yoovidhya’s hit-and-

run case that killed of a policeman, the Office of Attorney General (OAG) has ordered a

new investigation into the case yesterday (August 4).

Prosecutors said new evidence showed that Vorayuth was driving much faster

than first believed and might have had cocaine in his system, allowing them to

reopen the case.

The OAG’s decision comes after previous charges were dropped last month,

sparking outrage.

In a press conference, the OAG said new evidence meant that the case could be

reopened.

It said the speed of the Ferrari at the time of the accident had previously been put

at 80km/h (50 mph), but an expert opinion not included in the police report had

determined that the speed was closer to 170km/h.

Page 8: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

“This is new evidence according to the law,” said a spokesman for the

office.

Vorayuth could also face a new charge relating to drug use. Blood tests

following the accident showed traces of cocaine in his system, but prosecutors

say he was not charged at the time because of a possible false positive from

medication he had allegedly taken.

The cabinet meeting yesterday (August 4) approved a budget of 952 million baht

earmarked for 2020-2022 to improve capacity of C-130 aircraft.

The agenda is said to be in the form of a printed classified document that was

quickly distributed at the cabinet meeting and was not be publicly disclosed to

the media.

Economic News

The Cabinet yesterday (August 4) approved the Finance Ministry’s proposal to

borrow US$1.5 billion (Approx. 48 billion baht) from the Asian Development Bank

to finance Covid-19 recovery projects, said Rachada Dhnadirek, deputy government

spokeswoman.

The borrowing scheme is part of the government’s plan to issue a royal decree

to borrow 1 trillion baht to revive the virus-hit economy.

The ADB loan will raise foreign currency debt to 2.46 per cent of total public

debt, well within the prudent limit set at 10 per cent, Rachada said.

Page 9: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

The ministry said it needs to borrow to offset a budget deficit in fiscal 2021 and

the government is still in dire need of a budget to stimulate and rehabilitate the

economy.

Thailand’s exports may contract by 15% this year as the coronavirus pandemic hits

global demand and a stubbornly strong baht adds to pressure, the Thai National Shippers’

Council (TNSC), said yesterday (August 4).

Exports, a key driver of Thai growth, slumped 15.2 per cent in the second quarter

from a year earlier and 7.1 per cent in the January-June period.

The export picture in the third quarter will be similar to the second period as the

global economy has yet to recover, TNSC chairwoman Ghanyapad

Tantipipatpong, said.

“We want to shout to the central bank to help take care of it,” she said.

“The Thai economy is not better than the global economy but why the

baht keeps strengthening?”

The Treasury Department is set to decide whether giving a rent waiver for Suvarnabhumi

Airport this week – possibly as much as 2.9 billion baht – after Airports of Thailand Plc

(AOT) sending a clarification letter for the Covid-19 impact on corporate finance

activity. Asia Plus Securities (ASP) has given a target price of AOT at 57 baht per share.

The AOT has a sent a letter to the Treasury Department to explain impacts of the

COVID-19 pandemic on its revenue in the hope that the Department will wave

rent for the AOT by 2.9 billion baht.

The Bank of Thailand (BoT) is expected to hold its key interest rate steady at its meeting

today (August 5) and preserve its limited ammunition for later, even as the coronavirus

pandemic pushes the economy toward its worst annual performance ever.

Page 10: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

All but two of 26 economists in a Bloomberg survey expect the central bank to

keep its key rate unchanged at 0.5%, a historic low after three reductions so far

this year. The other two expect a 25 basis-point cut.

“We expect BOT to keep its policy rate unchanged this week because of

its less dovish tone at the previous meeting, despite a sharp downgrade to

its growth forecast,” said Euben Paraceulles, an economist at Nomura

Holdings Plc. Policy makers “will likely want to assess the impact of

already implemented easing measures and the pace of the recovery after

the economic re-opening.”

Tim Leelahaphan, an economist at Standard Chartered Plc, said, “all economic

reasons warrant a further rate cut,” said citing the poor economic outlook,

negative inflation and high household debt.

“We’re not certain about the timing, as they may want to wait for the new

governor or preserve the limited policy space for later. Zero or negative

rates are less likely, but not off the table.”

The central bank has repeatedly voiced concern about the impact on the

economy and said it would assess the need for additional steps to curb baht

gains.

There are reports that Supattra Paopiamsap, deputy group chief executive of Pruksa

Holding Plc (PSH), signed her name to appoint Piya Prayong as new chief executive

officer of Pruksa Real Estate (PS), taking effect from August 1, 2020

Mr Piya’s appointment is part of the company’s major restructuring of

executives for the second-half of 2020.

Page 11: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

The appointment of Piya as PS’s new CEO is expected to lead to a revision of

investment plans in an aggressive manner to keep Pruksa’s position as the

leader in residential property development.

Piya said he is tasked with pushing through 2 urgent missions in the remaining

6 months of the year: one is to review the company’s investment in low-rise

projects and push for ownership transfers of condo projects that are set to be

completed this year.

Narai Intertrade Co, a Thai maker of handbags and textile products under the NaRaYa

brand, announced the shutdown of its factory in Buri Ram province from August 16 due

to the lack of product orders due to the COVID-19 crisis.

The company said it could not fulfil workers ‘demand to meet their daily rate as

required by law.

More than 300 workers of the company rallied on August 1 this year in front of

the factory in Buri Ram’s Lam Plai Mat district, accusing their employer of

Page 12: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

underpaying employees after the company reduced their daily income to 198

baht per day earlier this year.

The company explained on August 4 that it had sent representatives to negotiate

with workers asking them to accept cost-cutting measures taken by the factory

owner amid Covid-19 lockdowns earlier this year. It claimed that the cost-

cutting measures in which workers agreed on is to take a 3-month daily pay cut

(from May 1-July 31, 2020) instead of the regular 320 baht per day would allow

workers to claim 62% of their daily wage from the Covid-19 business relief

programme.

---------------------------------------------------------------------------------------------------------------------

General News

Thailand logged 1 new COVID-19 case in the past 24 hours. The new case is a 33-year

old woman, who arrived in Thailand from Russia on July 20th

and entered state

quarantine in Bangkok. She was cleared of the virus in the first test, but the second

confirmed her infection, although she remains asymptomatic. Cumulative infections in

Thailand, to date, are 3,321, with 3,142 recoveries and 58 deaths. 121 others remain at

hospital.

Page 13: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

Globally

The high numbers are back in the United States with more than 54,000 new cases

To see a good interview with Donald Trump please click on

https://t.co/WoqlXCaCI9?amp=1

Political News Headlines in Thai Media

If you ask the people in Thailand, ‘who is the biggest mafia here?’ The most likely

answer will be the Thai police.

o Link- https://www.thaienquirer.com/16500/opinion-cop-casino-death-shows-prayut-

government-not-serious-about-police-reform/

Factionalism within Thailand’s ruling Palang Pracharath Party has led to the a change in

party leadership and the reshuffle of the cabinet, with former party leader and Deputy

Prime Minister Uttama Savanayana resigning from his post and the party.

o Link- https://www.thaienquirer.com/16491/not-all-is-well-in-thailands-ruling-party-

after-cabinet-reshuffle-change-in-leadership/

Despite a giant foul up that could have resulted in the spread of coronavirus in Rayong

involving an Egyptian military officer, the Thai government will, this week, press

forward with more military drills involving US and Japanese soldiers.

o Link- https://www.thaienquirer.com/16487/despite-egypt-officer-foul-up-thailand-

goes-forward-with-foreign-military-drills/

The cabinet has approved the Ministry of Public Health’s measures to allow patients with

medical certificates and community doctors to produce, import, export, sell and possess

medical marijuana, the government said on Tuesday.

o Link- https://www.thaienquirer.com/16524/the-cabinet-approves-medical-marijuana-

farming-for-patients-and-community-doctors/

Page 14: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

Prime Minister Prayut Chan-o-cha today said the government will meet with

representatives of the young generation this month to listen to their opinions and visions

for Thailand’s future.

o Link-

https://www.nationthailand.com/news/30392433?utm_source=category&utm_mediu

m=internal_referral

Prime Minister Prayut Chan-o-cha has vowed to push for constitutional amendments,

saying the government will present its own version of a charter rewrite bill in the next

parliamentary session.

o Link- https://www.bangkokpost.com/thailand/politics/1962675/pm-vows-to-change-

charter

Thai soldiers have been posted at the two hotels in Bangkok where 107 visiting US

troops are staying under 14-day quarantine, to ensure no recurrence of the incident in

Rayong when an infected Egyptian soldier went out visiting malls.

o Link- https://www.bangkokpost.com/thailand/general/1962571/army-officers-posted-

at-quarantine-hotels-for-visiting-us-troops

Prime Minister Prayut Chan-o-cha has vowed he will "spare no one" if Monday night's

shooting in Bangkok involved illegal police activity in connection with underground

gambling.

o Link- https://www.bangkokpost.com/thailand/general/1962727/prayut-warns-police-

after-den-shootout

The cabinet has approved a Labour Ministry plan to allow more than half a million

foreign workers with proper travel documents to continue their employment until the end

of May 2022.

o Link- https://www.bangkokpost.com/thailand/general/1962707/govt-to-grant-

migrants-longer-stay

Economic News Headlines in Thai Media

Page 15: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

Next week, the Center for COVID-19 Situation Administration (CCSA) will finalize

measures to allow foreign businesspersons entry into Thailand, Prime Minister Prayut

Chan-ocha said on Tuesday.

o Link- https://www.thaienquirer.com/16510/ccsa-will-consider-foreign-

businesspersons-for-admittance-into-thailand-constitutional-amendment-coming-

prayut-says/

The Asian Development Bank (ADB) is loaning Thailand Bt46.7 billion (US$1.5 billion)

to combat the impact of Covid-19.

o Link-

https://www.nationthailand.com/business/30392430?utm_source=category&utm_me

dium=internal_referral

An analysis from Kasikorn Securities revealed that it has lowered its suggestion of

AOT’s shares from “buy” to “sell” and reduced the target price down to 42.55 per cent,

from 70.50 baht to 40.50 baht.

o Link- https://www.thaienquirer.com/16519/kasikorn-abruptly-advises-aot-shares-

from-buy-to-sell-dropping-42-55-per-cent-on-target-price/

Deputy Prime Minister Wissanu Krea-ngam said on Tuesday (August 4) that there will be

no Songkran compensation holiday this month because the government needs to consider

the option of granting a public holiday from several aspects.

o Link-

https://www.nationthailand.com/news/30392416?utm_source=category&utm_mediu

m=internal_referral

Most people are satisfied with the state welfare card scheme introduced by Palang

Pracharat Party while urging political parties to focus on solving economic problems,

according to an opinion survey.

o Link-

https://www.nationthailand.com/news/30392402?utm_source=category&utm_mediu

m=internal_referral

Indorama Ventures Pcl (IVL), a global chemical producer, has entered into a definitive

agreement to acquire Industrie Maurizio Peruzzo Polowat (IMP Polowat), a PET

recycling facility in Poland.

Page 16: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

o Link-

https://www.nationthailand.com/business/30392417?utm_source=category&utm_me

dium=internal_referral

Exports may contract by as much as 15% this year if the country averages just US$16.4

billion a month in the second half of the year, according to a group of Thai exporters.

o Link- https://www.bangkokpost.com/business/1962803/tnsc-15-export-decline-if-

2nd-half-rebound-falters

The banking sector continued to endure transactional crashes in the second quarter, albeit

at a lower rate, as transaction volume surged.

o Link- https://www.bangkokpost.com/business/1962827/banks-transaction-crash-rate-

down-in-q2

The cabinet on Tuesday gave its approval for 884.62 million baht to be spent to fund 157

economic recovery projects in 57 provinces around the country that have been hit by the

Covid-19 pandemic.

o Link- https://www.bangkokpost.com/thailand/general/1962647/covid-hit-businesses-

get-b884m-boost

SET-listed Energy Absolute (EA) expects 2020 revenue will fall by 25% from an earlier

estimation to 15 billion baht, on par with last year's earnings, because of the pandemic.

o Link- https://www.bangkokpost.com/business/1962851/ea-vehicle-deliveries-

kneecapped-by-pandemic

The Government Savings Bank (GSB) is proposing that the Finance Ministry adjust

emergency loan conditions to expand the credit line for informal workers after the loan

programme received a tepid response.

o Link- https://www.bangkokpost.com/business/1962867/gsb-floats-credit-plan-for-

informal-labour

Aggregate net profit of SET-listed companies likely fell by 40-50% year-on-year to 80-90

billion baht in the second quarter after lockdown measures crippled economic activity,

analysts say.

o Link- https://www.bangkokpost.com/business/1962835/tisco-listed-firms-set-for-49-

q2-profit-hit

Page 17: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

The company building a high-speed railway line linking Don Mueang, Suvarnabhumi and

U-Tapao airports has invited experts from various fields to advise it on the best way

forward.

o Link- https://www.bangkokpost.com/business/1962735/the-bullet-trains-to-make-

thais-proud

The Eastern Economic Corridor (EEC) Office of Thailand has recently called on Thai

embassies in 30 countries to approach foreign firms to invest in the EEC, the office’s

secretary-general Kanit Sangsubhan said.

o Link-

https://www.nationthailand.com/business/30392429?utm_source=category&utm_me

dium=internal_referral

Issues to be watched out for

August 17, 2020 – The first day of hearings for Thai Airways International Plc (THAI)’s

bankruptcy case.

August 17, 2020 – The National Economic and Social Development Council (NESDC,

formerly known as the National Economic and Social Development Board or NESBD) is

scheduled to release 2nd

quarter GDP data.

August 29, 2020 – The deadline for farmers to return the banned agri-chemicals, paraquat

and chlorpyrifos, in their possession to sellers.

August 31, 2020 – The government is expected to lift lockdown restrictions imposed

under the emergency decree.

September, 2020 – The 3.3-trillion-baht budget for Fiscal Year 2021 proposed by the

government is expected to sail through parliament.

September 2020 – Recruitment of new board members of the National Broadcasting and

Telecommunication Commission (NBTC) is set to kick off.

September 21, 2020 – The National Economic and Social Development Council (NESDC,

formerly known as the National Economic and Social Development Board or NESDB) is

Page 18: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

to revise the 20-year national strategy at an annual meeting to respond to the COVID-19

crisis.

September 30, 2020 – The Stock Exchange of Thailand (SET) is set to extend the revised

equity short-selling regulations from June 30 to September 30 as stock market volatility

remains high in the wake of the Covid-19 pandemic.

October, 2020 – The bidding for construction and operation for the 140-billion-baht

Orange Line western extension linking the Thailand Cultural Centre with Bang Khun

Non.

October, 2020 – The Thailand Grand Prix was rescheduled after being postponed due to

the coronavirus outbreak.

October 27, 2020 – The Central Bankruptcy Court is set for first hearings for Nok Airlines

regarding the rehabilitation process.

Key Data

SET Index 1,330.81 +9.58

Link - https://www.set.or.th/en/company/ipo/upcoming_ipo_set.html

Global Commodities

Metal -Link http://www.bloomberg.com/markets/commodities/futures/metals/

Energy -Link - http://www.bloomberg.com/energy/

Baltic Dry Index (BDI)-Link - http://www.bloomberg.com/quote/BDIY:IND

Global Equity Market’s Movements

Link - http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific/

Page 19: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

Asian Equity Markets Movement

Link - http://www.bloomberg.com/markets/stocks/world-indexes/

Information on August 4, 2020

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

ASP 4,000,000 1.8 Purchase

EP 300,000 0.52 Sale

MINT 1,704,348 17.5 Purchase

MINT 504,638 17.5 Purchase

RAM 60,000 - Transfer

SALEE 500 0.65 Purchase

GLOBAL 100,100 19.1 Sale

GLOBAL 363,000 19.51 Sale

UKEM 3,170,900 0.65 Sale

UTP 210,000 11.3 Purchase

UTP 100,000 12.5 Sale

XD, XE or XM or other notifications

For list of Companies that have dividend payment and AGM meeting schedules click on

http://www.set.or.th/set/calendarofevents.do

Trading Breakdown on the Stock Exchange of Thailand

Daily as of 4 Aug 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 6,735.77 12.22 4,301.35 7.8 2,434.42 -

Proprietary 6,008.76 10.9 5,607.11 10.17 401.66 -

Page 20: August 5, 2020 Thai Enquirer Summary · Today · August 5, 2020 Thai Enquirer Summary Political News Prime Minister and Defence Minister General Prayut Chan-o-cha seems to have given

Trading

Foreign Investors 18,846.45 34.18 20,669.96 37.49 -1,823.50 -

Local Individuals 23,544.63 42.7 24,557.20 44.54 -1,012.57 -

Monthly Cumulative between 1 - 4 Aug 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 11,622.23 10.58 9,676.87 8.81 1,945.36 -

Proprietary

Trading

12,578.78 11.45 12,339.81 11.23 238.97 -

Foreign Investors 37,891.41 34.49 41,167.81 37.48 -3,276.40 -

Local Individuals 47,759.35 43.48 46,667.28 42.48 1,092.06 -

Yearly Cumulative since 1 Jan - 4 Aug 2020

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 1,080,502.30 11.13 1,009,084.55 10.4 71,417.75 -

Proprietary

Trading

980,761.59 10.1 979,503.05 10.09 1,258.54 -

Foreign Investors 3,397,017.71 35 3,627,117.65 37.37 -

230,099.94

-

Local Individuals 4,248,858.91 43.77 4,091,435.27 42.15 157,423.65 -

Total Trading Value 55,135.61 Million Baht

Background Information –  

The strength of each party in the Thai Parliament as of May 8, 2019 as per the report by the

Election Commission of Thailand. Elections took place on March 24, 2019

https://www.ect.go.th/ect_th/news_all.php?cid=24

List of MPs - https://www.ect.go.th/ect_th/download/article/article_20190508184334.pdf

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situation.