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Thai economy shrinks

Thai economy shrinks

The Thai economy shrank by 2.6% in the first quarter of this year -- an improvement from a 4.2% contraction in the previous quarter.

05:30 7
Possible rise in NPLs

Possible rise in NPLs

Bank of Thailand is concerned with the expected higher number of non-performing loans of tourism-related businesses in the second quarter of this year.

06:34 5

Collection gap

The Revenue Department is concerned that its collection of corporate income tax in the fiscal year 2021 will fall short of its target.

04:38
Collection gap

Line Man Wongnai eyes IPO

Line Man Wongnai, the operator of a food delivery service, aims to launch an initial public offering (IPO) within the next 2-3 years.

05:40
Line Man Wongnai eyes IPO

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
37.9127
38.6562
GBP
44.1535
45.0249
HKD
4.0128
4.0930
JPY
28.4856
29.2137
USD
31.3023
31.6282
CNY
4.8289
4.9696
Source: Bank of thailand (18 May 2021)

SET

SET
1,566.80
+17.64
SET50
948.87
+9.88
SET100
2,154.56
+23.36
sSET
938.59
+23.82
SETCLMV
1,018.88
+7.03
SETHD
1,111.86
+10.86
SETTHSI
981.09
+9.94
Source: settrade.com (18 May 2021)
LATEST
13:32

Singapore broker up 544% in a year eyes China for more gains

iFast Corp, an online brokerage that’s been Singapore’s best-performing stock over the past year, is betting on China and a retail-trading frenzy to help it grow assets by more than fivefold by 2028.

13:32 1
Singapore broker up 544% in a year eyes China for more gains
10:45

Japan Q1 GDP shrinks 1.3%, hit by virus restrictions

TOKYO - Japan's economy contracted 1.3 percent in the three months to March after the government reimposed coronavirus restrictions in major cities as infections surged, data showed Tuesday.

10:45
Japan Q1 GDP shrinks 1.3%, hit by virus restrictions
10:45

Macron hosts summit on post-Covid Africa finance

PARIS - French President Emmanuel Macron Tuesday hosts African leaders and chiefs of global financial institutions for a summit meeting that will seek to provide Africa with critical financing swept away by the Covid-19 pandemic.

10:45
Macron hosts summit on post-Covid Africa finance
08:22

Mall operators extend relief measures

Many shopping centre operators have extended their relief measures to help enable tenants to continue with their businesses amid the unabated Covid-19 crisis.

08:22 6
Mall operators extend relief measures
07:32

Central posts B49bn for Q1 revenue

Central Retail Corporation Plc (CRC) reported revenue of 49 billion baht in the first quarter, dropping 9.7% year-on-year, mostly due to the impact of Covid-19 pandemic on business operations.

07:32 6
Central posts B49bn for Q1 revenue
06:34

BoT worried over possible rise in NPLs

Bank of Thailand is concerned with the expected higher number of non-performing loans of tourism-related businesses in the second quarter of this year.

06:34 16
Possible rise in NPLs
05:40

Line Man Wongnai eyes IPO in 2-3 years

Line Man Wongnai, the operator of a food delivery service, aims to launch an initial public offering (IPO) within the next 2-3 years.

05:40
Line Man Wongnai eyes IPO
05:30

Thai economy shrinks by 2.6% in Q1

The Thai economy shrank by 2.6% in the first quarter of this year -- an improvement from a 4.2% contraction in the previous quarter.

05:30 41
Thai economy shrinks
04:38

Revenue Department eyes collection gap

The Revenue Department is concerned that its collection of corporate income tax in the fiscal year 2021 will fall short of its target.

04:38 2
Collection gap
04:00

Iconic Coca Suki branch closes today

Coca Holding International, a pioneer of sukiyaki restaurants in Thailand, is scheduled to close its legendary 54-year old suki branch in Siam Square today, due to the severe impact of Covid-19 outbreaks.

04:00
Iconic Coca Suki branch closes today

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
37.9127
38.6562
GBP
44.1535
45.0249
HKD
4.0128
4.0930
JPY
28.4856
29.2137
USD
31.3023
31.6282
CNY
4.8289
4.9696
Source: Bank of thailand (18 May 2021)

SET

SET
1,566.80
+17.64
SET50
948.87
+9.88
SET100
2,154.56
+23.36
sSET
938.59
+23.82
SETCLMV
1,018.88
+7.03
SETHD
1,111.86
+10.86
SETTHSI
981.09
+9.94
Source: settrade.com (18 May 2021)