january 4, 2021 thai enquirer summary€¦ · 7. all shopping malls, community malls, department...

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January 4, 2021 Thai Enquirer Summary Wishing all our readers a very happy, healthy and prosperous new year ahead. Political News Over the past few days, the biggest news has been the spreading of the 2 nd wave of the virus and reports are that the numbers today could well past 600 cases and could be higher than 700. This would be the single highest number of cases of Covid-19 reported in Thailand ever. This comes as Samut Sakhon alone has reported 541 new cases yesterday @ 14:00 hrs Chonburi also reported more than 60 cases alone yesterday afternoon One has to remember that these cases would be announced today by the Centre for Covid-19 Situation Administration (CCSA)

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  • January 4, 2021

    Thai Enquirer Summary

    Wishing all our readers a very happy, healthy and prosperous new year ahead.

    Political News

    Over the past few days, the biggest news has been the spreading of the 2nd wave of the

    virus and reports are that the numbers today could well past 600 cases and could be

    higher than 700.

    This would be the single highest number of cases of Covid-19 reported in

    Thailand ever.

    This comes as Samut Sakhon alone has reported 541 new cases yesterday

    @ 14:00 hrs

    Chonburi also reported more than 60 cases alone yesterday afternoon

    One has to remember that these cases would be announced today by the Centre

    for Covid-19 Situation Administration (CCSA)

  • Dr. Sathit Pitutecha, Deputy Minister of Public Health came out to say this morning that

    it was necessary that the government comes out to undertake a lockdown in the 28 ‘Red

    Zone’ provinces to avoid the hospital from being overburdened with patients.

    He said that the Prime Minister Prayut Chan-o-cha needs to lockdown

    immediately but the decision rests on him to undertake it or not.

    The issue of lockdown is being actively being discussed by the CCSA but the

    government is looking at various options.

    Selective lockdown of the ‘Red Zone’ 28 provinces is being actively considered

    Although CCSA spokesman Taweesilp Witsanuyotin has tried to avoid

    saying that there would be a lockdown.

    The government has designated 28 provinces declared as “Red Zones”, including

    Bangkok, as high-risk zones, recommending suspension of some businesses and

    crowded activities, effective from today.

    The rate of infection has been on the rise

  • Late yesterday the Royal Gazette was published and the government imposed 8

    preventive measures aimed at curbing the spike of the virus in the country, including a

    ban on public gathering and limiting the operating hours for businesses in high-risk

    provinces.

    The 8 measures include:

    1. A ban on the use of all buildings or premises, deemed to be at risk of

    spreading the contagion, for teaching, examinations, training or other

    activities which would bring people together, except for official and

    charitable activities.

    2. People living in the Red Zones are advised to suspend or postpone any

    plans to travel out of the provinces, unless it is absolutely necessary.

    Police will be deployed to check vehicles leaving and entering the Red

    Zones.

    3. Restaurants in the 28 highly controlled provinces can continue normal

    operations, but with strict social distancing rules.

    4. The governors in each province are authorized to consider allowing them

    for takeaway only. Also, restaurants will not be allowed to serve alcoholic

    drinks and people will be asked to avoid unnecessary travel.

    5. To reduce congestion in offices, businesses will be asked to arrange

    staggered working hours, or alternate day working for their staff.

    6. Sale and consumption of alcohol in restaurants will be banned, but

    customers will be allowed to dine in.

    7. All shopping malls, community malls, department stores, exhibition

    centres, conference halls, convenience stores, super markets can remain

    open as usual, but must follow the guidelines laid down by the CCSA.

  • The Thai Retailers Association has also announced that all

    shopping malls around the country should close at 21.00 hrs daily,

    an hour earlier than the usual closing time, a statement said.

    8. Conferences, seminars, banquets, distribution of food or other items are

    banned in all Red Zones, except for activities organized by official

    organizations and with the approval of the authorities.

    The Education Ministry has ordered all public and private schools in 28 high-risk

    provinces to close from tomorrow until January 31. All universities in the 28 provinces

    will switch to online classes and campus staff will work from home.

    The public will have to keep an eye on the CCSA’s meeting today whether it will

    issue more restrictions to control the outbreak.

    The spread of the virus has reached 53 provinces with Bangkok, Rayong and

    Chonburi now in the so call ‘most infected’ regions.

  • The 28 provinces are

    Bangkok, Tak, Nonthaburi, Pathum Thani, Ayutthaya, Saraburi, Lopburi,

    Singburi, Ang Thong, Nakhon Nayok, Kanchanaburi, Nakhon Pathom,

    Ratchaburi, Suphan Buri, Prachuap Khiri Khan, Phetchaburi, Samut Songkhram,

    Samut Sakhon, Chachoeangsao, Prachinburi, Sa Kaeo, Samut Prakarn,

    Chanthaburi, Chonburi, Trat, Rayong, Chumphon and Ranong.

    To make the matter worse, the Bangkok Metropolitan Administration (BMA) revealed a

    timeline of a 44-year-old man who contracted the virus in Bangkok and passed away on

    December 31, 2020.

    On his personal Facebook, BMA spokesman Pongsakorn Kwanmuang said the

    death man has spread the virus to 12 people, with as many as 279 people are

    thought to be at high risk of having contracted the virus.

  • BMA has asked anyone who visited a number of pubs to get tested urgently

    The pubs this 44-year old visited included

    Groove Evening in Pinklao area

    New Jazz opposite The Mall Thapra shopping mall

    The Sun on Baromratchorani road

    The Roof Bar on Rama 3 Road

    Talks about the vaccine are ripe in the country and everybody has been asking for it.

    As of now the 1st vaccine in Thailand would be available by the end of February

    It is expected that about 2 million doses will be available by then and

    It would be free

    Aim is to vaccinate 50% of the population

    It will start by 200,000 doses available by end of February

    800,000 doeses by end of March

    1 million doses by end of April

    The Ministry of Public Health will ask the Centre for Covid-19 Situation Administration

    (CCSA) to defer the entry of British visitors to the country after following reports that

    Thailand had detected its first 4 cases of the new coronavirus strain that originated in the

    United Kingdom.

    The Centre of Excellence in Clinical Virology at Chulalongkorn University

    yesterday detected cases of the new fast-spreading COVID-19 variant called B117

    in a family of 4 who arrived here from United Kingdom.

    Dr. Yong Pooworavan, the Chief of the Virology Centre of the Faculty of

    Medicine at Chulalongkorn University, said the variant, 1st reported in the United

    Kingdom, is more contagious and transmissible.

  • The father, mother and 2 children travelled from Kent, south-eastern England are

    undergoing compulsory quarantine at a private hospital in Thailand.

    While embattled Prime Minister Gen Prayut Chan-o-cha is facing a tough task of

    containing the 2nd

    wave of the Covid-19 outbreak, a Phalang Pracharat Party (PPRP) MP

    has likened Gen Prayut to late former British Winston Churchill who led Britain to

    victory in the 2nd

    World War.

    Rong Bunsuaykhwan, a PPRP MP for Nakhon Si Thammarat, came out to voice

    his confidence in the government’s ability to get through the Covid- crisis under

    Gen Prayut’s leadership. He advised Gen Prayut to clarify economic relief

    measures to help individuals cope with the impact of Covid-19.

    Chief opposition whip and Pheu Thai MP for Maha Sarakham Suthin Khlangsaeng

    proposed an extension of the current parliamentary session that will end on February 28

    to mid-March in light of the new wave of Covid-19 cases in the country.

    Parliament speaker Chuan Leekpai is planning to discuss with party leaders from

    the government side and the opposition whip today whether the parliamentary

    session scheduled for January 6-8 should be postponed for another week.

    Suthin admitted that suspension of the House session would affect charter

    amendments and the opposition’s no-confidence motion against the government.

    The postponement will derail the opposition’s plan to file a no-confidence

    motion to the parliament president by the end of January, Suthin admitted.

    Suwat Liptapanlop, the Chartpattana Party’s chief adviser, came out to express

    confidence in the government’s stability in parliament in 2021 thanks to its majority of

    270 seats in the House. Suwat, however, suggests the government to monitor factors

    outside parliament that could undermine its stability, especially ongoing political conflict

    and the charter amendment.

  • Suwat pointed that charter amendments are the key to help the government

    resolve the political conflict. He said it is a must that the government sets a clear

    timeline for the charter rewrite process to show its sincerity to push through the

    process while public participation in amending the charter to arrive at a charter

    drafting assembly (CDA) with good people to be set up.

    The Supreme Court reportedly rejected an appeal filed by former prime minister Thaksin

    Shinawatra’s Shinawatra for his 17.6-billion-baht tax bill. Thaksin filed the appeal on

    April 25, 2017.

    Economic News

    The private sector is pushing for the government to increase the amount of cash subsidy

    given to each individual in the government’s half-half co-payment stimulus scheme and

    additional loans of 1-2 trillion baht.

    Federation of Thai Industries (FTI) chairman Suphant Mongkolsuthree has come

    out to voice grave concern over resurgence of covid-19 cases among communities

    as he said he is worried about a sudden rise in unemployment due to lost jobs as a

    result of a shutdown or lockdown order.

    Suphant recommended the government to accelerate economic relief measures to

    sustain the crisis such as increasing the amount of cash subsidy in the half-half co-

    payment scheme in the 2nd

    or 3rd

    round to 5,000 baht, from 3,500 baht, for a

    period of 3 months or extend the scheme which is set to end on March 31, 2021 to

    drive the economy forward.

  • In addition, the FTI chairman said he personally suggested the government to

    seek additional loans of 1-2 trillion baht, on top of the 1-trillion-baht loan decree

    at present, as he perceived that the impact of the 2nd

    round of the virus outbreak

    on the economy would be more severe.

    The private sector has been concerned by the outbreak situation all along,

    especially if the government would have enough money to deal with the economic

    impact of the outbreak, Suphant said, adding that it is better to have enough

    money on hand to tackle the outbreak, especially when the level of interest rates is

    quite low at present.

    Meanwhile the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB)

    comprising the Federation of Thai Industries (FTI), Thai Bankers’ Association (TBA),

    and Thai Chamber of Commerce (TCC), is scheduled to meet on January 6 to assess the

    economic outlook.

    The JSCCIB expects to revise down the country’s economic outlook this year

    from the previous forecast of 2-4 per cent made in December 2020, Suphant said,

    adding that the JSCCIB is not convinced that the Thai economy will grow 4-4.5

    per cent this year as predicted earlier by the Ministry of Finance due to the

    resurgence of the virus.

  • Kla Party leader Korn Chatikavanij advised the government to revise its 1-trillion-baht

    loan bill following reports that the government still has more than 600 billion baht left.

    In his Facebook post, Korn, a former finance minister, said the government still

    has more than 600 billion baht which is the leftover sum of the 1 trillion baht. Of

    the amount, the 1st of a 200-billion-baht budget has yet to be disbursed while

    merely 2.6 billion of the 2nd

    lot of 400 billion baht earmarked for economic and

    social rehabilitation has been used.

    Korn suggested that the government shift the remaining 600 billion baht from the

    loan decree to take care of people facing economic hardships as a result of the 2nd

    wave of the virus outbreak. He identified individuals facing hardships as:

    1) Individuals who face layoffs;

    2) Those who received the 5,000-baht handouts for 3 months from the

    government’s Rao Mai Thing Kan (No one will be left behind) scheme.

    3) Individuals and shops registered for the half-half co-payment scheme.

    4) Operators of hotels, restaurants, spas, traditional massage parlours.

    Pichai Naripthaphan, Deputy Leader of the Pheu Thai Party on Economic Affairs and

    former Energy Minister, came out to send a dire warning that the country is in a very

    difficult situation. Pichai said Thailand’s economic conditions will worsen this year.

    Pichai also said Thailand’s economy would unlikely to return to growth of 3-3.5

    per cent. He also warned that Thailand’s household debt will likely surpass 90

    per cent of GDP as people’s savings are running low and running out. This will

    pose significant impacts on the already worsening economic conditions.

  • CIMB Thai Bank (CIMBT) has downgraded its GDP growth forecast for the country this

    year to 2.6 per cent, from 4.1 per cent, as the nation is in the midst of a 2nd wave of

    Covid infections.

    Amonthep Chawla, CIMBT’s executive vice-president, said the new wave of the

    outbreak will continue to ravage the economy throughout the 1st quarter of 2021

    while domestic politics will continue putting pressure on consumer confidence

    and investment along with a delay of the reopening of the country to

    international tourists.

    CIMB predicted that the baht’s strengthening value against the US dollar will

    stand at 28.6 baht against the dollar due to hot money that moved into the Thai

    capital market since the end of last year, said Amonthep.

    Amonthep sees the possibility of the Bank of Thailand (BoT)’s Monetary Policy

    Committee (MPC) lower the benchmark rate by 0.25 percentage point to support

    the economy.

    The Finance Ministry has outline 3 areas of focus to revive Thailand’s economy from the

    Covid-19 pandemic fallout in 2021, says ministry spokesperson Kulaya Tantitemit, who

    also serves as acting director-general of the Fiscal Policy Office (FPO).

    First, the ministry will urgently push for economic revival through speeding up

    budget disbursement and state spending. It would streamline the tax structure to

    fit well with the economic and social change.

    Second, the ministry will adjust the country’s economic structure by seeking ways

    to promote investment in new technologies, such as the next generation

    automotive, digital business and comprehensive medical business. This will

    enable Thailand to move to offer products and services with high economic value.

  • Third, it will push for the revision of rules to increase its own performance in

    providing services to the public.

    Kulaya admitted that a major challenge this year is how to restore Thailand’s

    economic growth to the pre-Covid-19 era.

    Crypto currency Bitcoin has been on a war path and has reached the highest level every

    trading at $34,000 after having risen by more than 300 per cent during 2020.

    Bitcoin rose by 305 per cent in 2020 against 16 per cent seen in S&P 500 and 25

    per cent rally in gold.

    Bitcoin’s rise has helped push other crypto currency prices to record high as well

    and

  • --------------------------------------------------------------------------------------------------------------------

    General News

    Samut Sakhon where the current outbreak started, reported 541 new cases including 455

    migrant workers in an official health statement today. The new cases are not added in

    today’s tally.

    On the positive side Thalay Thai fresh market in Samut Sakhon is set to open

    today

    Frequent customers are allowed with their cards but retail clients are

    allowed only if they show a test that shows that they are negative and not

    carrying the Covid-19 virus

    Thailand recorded 315 new coronavirus cases in the past 24 hours in a 2nd wave of

    infection where 274 were local infection cases, 20 in migrant dormitories, and 21 in

    quarantine facilities, taking the total number of cases to 7,694.

    No new fatality which left the death toll at 64.

    The 2nd wave has spread to 53 provinces.

    The Education Ministry on Saturday announced the closure of state and private schools in

    28 provinces from January 4-31 in its efforts to curb the 2nd wave of the Covid-19

    outbreak.

    They are mostly the provinces that the Centre for Covid-19 Situation

    Administration has classified as red zone.

  • World No.1 Kento Momota tested positive for coronavirus on Sunday, prompting the

    withdrawal of all Japan's players from this month's tournaments in Thailand, the Nippon

    Badminton Association said.

    "Momota has tested positive for the coronavirus, and the association has decided

    not to send any players, including Momota, to Thailand," an association official

    told AFP.

    Momota was looking to make his international comeback in Bangkok after almost

    a year out following a car crash that left him with serious injuries.

    National broadcaster NHK said Momota tested positive at Narita airport ahead of

    the Japan team's departure for Thailand. An association official confirmed that

    none of the other 22 Japan players tested positive, but said the entire team would

    withdraw nonetheless.

    Figures released yesterday showed there were more accidents over the holiday period this

    year than last despite Covid-19-related travel and celebration restrictions.

    The Transport Ministry reported that just under seven million people used public

    transport during the holiday period, 40% lower than expected, according to the

    information collected from Dec 29 to Jan 2.

    The ministry also said that individual car journeys into and out of Bangkok were

    24% lower than forecast, Chayatham Phromsorn, permanent secretary for

    transport, told media in a press briefing yesterday.

    According to inspections at checkpoints nationwide from Dec 30, only one out of

    every 52,126 vehicles being checked was found be substandard, while 173 decks

    and rafts also tested safe for use with one vessel classified as unsafe.

  • Political News Headlines in Thai Media

    In a country obsessed with oracles and fortune telling, few are more famous than one

    prophecy on Thailand’s political future. It has existed for years — some claim to have

    first read it in the 1980s — and continues to resurface periodically on the internet.

    o Link- https://www.thaienquirer.com/22310/will-2020-prove-to-a-landmark-year-for-

    change-or-will-2021-roll-back-the-rhetoric-that-had-taken-root/

    The end of 2020 may have been met with a damper following the latest COVID-19

    outbreak at Samut Sakhon but there is also cautious optimism as vaccines are finally

    rolling out. Finally, the end of the pandemic is in sight.

    o Link- https://www.thaienquirer.com/22318/thailands-search-for-vaccines-and-the-

    hurdles-the-country-still-faces/

    Thailand’s Ministry of Public Health said on Sunday that it had discovered 315 new

    coronavirus cases with 294 local infection cases in the past 24 hours.

    o Link- https://www.thaienquirer.com/22279/thailand-discovers-297-new-local-

    infection-cases/

    Bangkok has declared three highly-controlled areas as well as adding to the list of venues

    being ordered to shut down to prevent the spread of the coronavirus, the Bangkok

    Metropolitan Administration said on Friday.

    o Link- https://www.thaienquirer.com/22198/bangkok-introduces-new-measures-to-

    combat-covid/

    Multimedia Story: Thailand’s Big Fat End of the Year Video

    o Link- https://www.thaienquirer.com/22178/multimedia-story-thailands-big-fat-end-

    of-the-year-video/

    Disease, disruption, and dissent: 2020 has been a year marked by devastation.

    o Link- https://www.thaienquirer.com/22175/2020-thailands-year-in-review/

    An adminstrator of pro-democracy group Ratsadon’s Facebook page, who has been

    charged with lese majeste, was granted bail on Saturday.

    https://www.thaienquirer.com/22310/will-2020-prove-to-a-landmark-year-for-change-or-will-2021-roll-back-the-rhetoric-that-had-taken-root/https://www.thaienquirer.com/22310/will-2020-prove-to-a-landmark-year-for-change-or-will-2021-roll-back-the-rhetoric-that-had-taken-root/https://www.thaienquirer.com/22318/thailands-search-for-vaccines-and-the-hurdles-the-country-still-faces/https://www.thaienquirer.com/22318/thailands-search-for-vaccines-and-the-hurdles-the-country-still-faces/https://www.thaienquirer.com/22279/thailand-discovers-297-new-local-infection-cases/https://www.thaienquirer.com/22279/thailand-discovers-297-new-local-infection-cases/https://www.thaienquirer.com/22198/bangkok-introduces-new-measures-to-combat-covid/https://www.thaienquirer.com/22198/bangkok-introduces-new-measures-to-combat-covid/https://www.thaienquirer.com/22178/multimedia-story-thailands-big-fat-end-of-the-year-video/https://www.thaienquirer.com/22178/multimedia-story-thailands-big-fat-end-of-the-year-video/https://www.thaienquirer.com/22175/2020-thailands-year-in-review/

  • o Link-

    https://www.nationthailand.com/news/30400597?utm_source=category&utm_mediu

    m=internal_referral

    Most people expect the political situation to be the same this year as in 2020, a Nida Poll

    showed on Sunday.

    o Link-

    https://www.nationthailand.com/news/30400628?utm_source=category&utm_mediu

    m=internal_referral

    The Education Ministry on Saturday announced the closure of state and private schools in

    28 provinces from January 4-31 in its efforts to curb the second wave of the Covid-19

    outbreak.

    o Link-

    https://www.nationthailand.com/news/30400598?utm_source=category&utm_mediu

    m=internal_referral

    The Ministry of Public Health will ask the Centre for Covid-19 Situation Administration

    (CCSA) to defer the entry of British visitors to the country after the fast-spreading B117

    strain of Covid-19 was found in four British nationals entering Thailand on Dec 21.

    o Link- https://www.bangkokpost.com/thailand/general/2044975/british-visitors-to-be-

    barred-from-entry

    Economic News Headlines in Thai Media

    The Bank of Thailand (BoT) said on Wednesday that Thailand’s economy continued to

    recover in November.

    o Link- https://www.thaienquirer.com/22155/the-economy-is-recovering-but-unevenly-

    across-sectors-the-central-bank-says/

    The Ministry of Commerce on Wednesday estimated Thailand’s exports in 2021 to

    gradually recover, with a 4 per cent growth following signs of a better global trade,

    COVID-19 vaccines, and economic stimuluses in many countries.

    o Link- https://www.thaienquirer.com/22116/the-commerce-ministry-sees-gradual-

    recovery-in-thai-exports-in-2021/

    https://www.nationthailand.com/news/30400597?utm_source=category&utm_medium=internal_referralhttps://www.nationthailand.com/news/30400597?utm_source=category&utm_medium=internal_referralhttps://www.nationthailand.com/news/30400628?utm_source=category&utm_medium=internal_referralhttps://www.nationthailand.com/news/30400628?utm_source=category&utm_medium=internal_referralhttps://www.nationthailand.com/news/30400598?utm_source=category&utm_medium=internal_referralhttps://www.nationthailand.com/news/30400598?utm_source=category&utm_medium=internal_referralhttps://www.bangkokpost.com/thailand/general/2044975/british-visitors-to-be-barred-from-entryhttps://www.bangkokpost.com/thailand/general/2044975/british-visitors-to-be-barred-from-entryhttps://www.thaienquirer.com/22155/the-economy-is-recovering-but-unevenly-across-sectors-the-central-bank-says/https://www.thaienquirer.com/22155/the-economy-is-recovering-but-unevenly-across-sectors-the-central-bank-says/https://www.thaienquirer.com/22116/the-commerce-ministry-sees-gradual-recovery-in-thai-exports-in-2021/https://www.thaienquirer.com/22116/the-commerce-ministry-sees-gradual-recovery-in-thai-exports-in-2021/

  • The Thai Retailers Association (TRA) and Thai Shopping Centre Association (TSCA)

    have jointly agreed on a series of steps to help control the spread of Covid-19.

    o Link-

    https://www.nationthailand.com/news/30400609?utm_source=category&utm_mediu

    m=internal_referral

    Gulf Energy Development informed the Stock Exchange of Thailand on Wednesday that

    the company's board of directors had approved a Bt8.92 billion budget to boost its

    Intouch Holdings (Intuch) shareholding by up to 5 per cent.

    o Link-

    https://www.nationthailand.com/business/30400497?utm_source=category&utm_me

    dium=internal_referral

    Insured employees who are left unemployed as a result of the Covid-19 pandemic can

    apply to receive unemployment benefits from the Social Security Office (SSO) from

    Monday.

    o Link- https://www.bangkokpost.com/thailand/general/2044923/covid-19-jobless-can-

    apply-for-benefits

    The Eastern Economic Corridor (EEC) Office seems prepared to propose the government

    extend promotional privileges for investment in the EEC area until 2022 in a bid to

    sustain investment momentum.

    o Link- https://www.bangkokpost.com/business/2045127/eec-office-ready-to-propose-

    investment-perks-until-2022

    Finance Minister Arkhom Termpittayapaisith has asked hotel operators nationwide to

    allow those reserving booking rights under the "We Travel Together" scheme to postpone

    their check-in date.

    o Link- https://www.bangkokpost.com/business/2044915/arkhom-asks-hoteliers-to-

    allow-travel-scheme-postponements

    City Hall is planning to hire a consultant to carry out a feasibility study for a light rail

    link between Bang Na intersection and Suvarnabhumi International Airport.

    o Link- https://www.bangkokpost.com/business/2045011/bma-seeks-opinion-on-

    airport-link

    https://www.nationthailand.com/business/30400497?utm_source=category&utm_medium=internal_referralhttps://www.nationthailand.com/business/30400497?utm_source=category&utm_medium=internal_referralhttps://www.bangkokpost.com/thailand/general/2044923/covid-19-jobless-can-apply-for-benefitshttps://www.bangkokpost.com/thailand/general/2044923/covid-19-jobless-can-apply-for-benefitshttps://www.bangkokpost.com/business/2045127/eec-office-ready-to-propose-investment-perks-until-2022https://www.bangkokpost.com/business/2045127/eec-office-ready-to-propose-investment-perks-until-2022https://www.bangkokpost.com/business/2044915/arkhom-asks-hoteliers-to-allow-travel-scheme-postponementshttps://www.bangkokpost.com/business/2044915/arkhom-asks-hoteliers-to-allow-travel-scheme-postponementshttps://www.bangkokpost.com/business/2045011/bma-seeks-opinion-on-airport-linkhttps://www.bangkokpost.com/business/2045011/bma-seeks-opinion-on-airport-link

  • With the pandemic likely to stretch well into 2021, this year could see short-term

    investment strategies become permanent trends.

    o Link- https://www.bangkokpost.com/business/2045175/funds-featuring-digital-

    healthcare-tech-tipped-for-top

    The insurance business is forecast to grow in a range of -0.36% to 1.64% in 2021 as

    rising household debt deflated people's purchasing power.

    o Link- https://www.bangkokpost.com/business/2045131/insurance-poised-to-

    encounter-slow-growth

    Securities companies on Sunday picked their top shares for investment in 2021.

    o Link-

    https://www.nationthailand.com/business/30400629?utm_source=category&utm_me

    dium=internal_referral

    Issues to be watched out for

    January, 2021 – The opposition is planning to file a no-confidence motion against the

    government, the 2nd round of a censure debate the current administration is facing.

    January 2021 – The World Bank will review Thailand’s economic growth outlook.

    January, 2021 – Charoen Pokphand Foods Plc (CPF) is preparing to issue 5 series of

    debentures with tenors of 2 years to 12 years to retail, institutional and high net worth

    investors.

    January 5, 2021 – Budget Bureau director Dechapiwat Na Songkhla will present the

    budget framework for the fiscal 2022 to the cabinet meeting.

    January 22, 2021 – Deadline for heads and members of provincial administrative

    organisations (PAOs) in 76 provinces are required to submit lists of income and expenses

    from the election campaign to the Election Commission (EC).

    January 27, 2021 – The Constitutional Court is set to rule on Democrat Party MP for

    Nakhon Si Thammarat Thepthai Senpong’s MP status following the Election

    Commission’s petition.

    https://www.bangkokpost.com/business/2045175/funds-featuring-digital-healthcare-tech-tipped-for-tophttps://www.bangkokpost.com/business/2045175/funds-featuring-digital-healthcare-tech-tipped-for-tophttps://www.bangkokpost.com/business/2045131/insurance-poised-to-encounter-slow-growthhttps://www.bangkokpost.com/business/2045131/insurance-poised-to-encounter-slow-growthhttps://www.nationthailand.com/business/30400629?utm_source=category&utm_medium=internal_referralhttps://www.nationthailand.com/business/30400629?utm_source=category&utm_medium=internal_referral

  • February, 2021 – A law amendment bill that allows women with pregnancies of not more

    than 12 weeks to get an abortion is to take effect.

    February, 2, 2021 – Thai Airways International Plc (THAI) said it will submit a

    rehabilitation plan to the Central Bankruptcy Court, postponed from the original schedule

    on January 2, 2021.

    February 28, 2021 – Tentative date for municipality elections and the election of tambon

    administrative organizations (TAOs).

    April, 2021 – Thai Airways International Plc (THAI) expects the Central Bankruptcy

    Court to consider its rehab blueprint for approval.

    April 2021 – The Batong Airport is scheduled to be opened after being postponed from

    February due to the resurgence of the Covid-19.

    April, 2021 – The central bank plans to officially implement the new rule on the rate of

    penalty imposed on loan defaulters in a bid to ease borrowers’ burdens and motivate them

    to repay their debts.

    Key Data

    SET Index 1,449.35 -12.60

    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/

    Asian Equity Markets Movement

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

    https://www.set.or.th/en/company/ipo/upcoming_ipo_set.htmlhttp://www.bloomberg.com/markets/commodities/futures/metals/http://www.bloomberg.com/energy/http://www.bloomberg.com/quote/BDIY:INDhttp://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific/http://www.bloomberg.com/markets/stocks/world-indexes/

  • Information on December 31, 2020

    Buying, Selling or Transfer of shares by Owners/Management

    Stock Code Volume Value Action

    MC 5,000 9.75 Purchase

    MTI 362,500 87 Purchase

    RT 100,000 1.91 Purchase

    S11 3,409 7.85 Purchase

    SMIT 22,000 3.8 Purchase

    SMT 272,200 2.6 Purchase

    SMT 200,000 2.62 Purchase

    TCMC 300,000 1.72 Purchase

    ERW 182,000 3.58 Purchase

    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 30 Dec 2020

    Unit: M.Baht

    Investor Type Buy Sell Net

    Value % Value % Value %

    Local Institutions 10,403.79 11.88 9,492.50 10.84 911.3 -

    Proprietary

    Trading

    8,479.54 9.69 9,396.80 10.73 -917.27 -

    Foreign Investors 27,167.30 31.03 27,677.83 31.62 -510.53 -

    Local Individuals 41,493.89 47.4 40,977.39 46.81 516.5 -

    Monthly Cumulative between 1 - 30 Dec 2020

    Unit: M.Baht

    Investor Type Buy Sell Net

    Value % Value % Value %

    Local Institutions 131,230.30 7.01 149,727.55 8 -18,497.25 -

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

  • Proprietary

    Trading

    206,997.51 11.06 209,326.36 11.18 -2,328.85 -

    Foreign Investors 642,559.12 34.33 640,038.45 34.2 2,520.67 -

    Local Individuals 890,823.21 47.6 872,517.78 46.62 18,305.44 -

    Yearly Cumulative since 1 Jan - 30 Dec 2020

    Unit: M.Baht

    Investor Type Buy Sell Net

    Value % Value % Value %

    Local Institutions 1,656,502.96 10.12 1,623,047.19 9.92 33,455.77 -

    Proprietary

    Trading

    1,763,322.99 10.78 1,749,101.66 10.69 14,221.33 -

    Foreign Investors 5,842,069.75 35.7 6,106,455.54 37.32 -

    264,385.79

    -

    Local Individuals 7,100,461.57 43.4 6,883,752.88 42.07 216,708.69 -

    Total Trading Value 87,544.52 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 Information provided here is copyright of ThaiNews Corp and no part maybe reproduced in any form without

    the prior written permission. The opinions expressed are only those of the writer’s and is analysed based on the

    situation.

    https://www.ect.go.th/ect_th/news_all.php?cid=24https://www.ect.go.th/ect_th/download/article/article_20190508184334.pdf