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China's tourism sector hails sudden policy shift on zero-Covid, but lockdown scepticism remains

China's tourism sector hails sudden policy shift on zero-Covid, but lockdown scepticism remains

The night China announced it would ease some of its most controversial coronavirus controls, Shanghai resident Yu Yuan immediately booked a high-speed train ticket to Beijing for a New Year's trip.

15:47
Capital A to launch AirAsia Cambodia as it resumes growth

Capital A to launch AirAsia Cambodia as it resumes growth

PHNOM PENH: Capital A, the parent of Malaysian budget carrier AirAsia, plans to launch a new airline in Cambodia with a domestic partner as it resumes expansion plans put on hold during the pandemic, its chief executive said on Friday.

13:48

Tourism firms in final push

The festive season and a hard sales push in December are seen as the final efforts for local tourism operators to increase average occupancy to 50% this year.

04:33
Tourism firms in final push

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.3728
37.0958
GBP
42.1861
43.0202
HKD
4.4217
4.5029
JPY
25.1919
25.8836
USD
34.5904
34.9137
CNY
4.9331
5.0686
Source: Bank of thailand (10 Dec 2022)

SET

SET
1,623.13
+2.64
SET50
979.01
+1.54
SET100
2,206.22
+3.17
sSET
1,054.92
-3.54
SETCLMV
990.90
+3.61
SETHD
1,169.80
+2.06
SETTHSI
1,036.28
+1.81
Source: settrade.com (10 Dec 2022)
LATEST
05:45

Stock markets mixed on renewed US Fed rate fears

NEW YORK - Global stocks had a mixed showing Friday, with hotter-than-expected US wholesale prices renewing concerns that the Federal Reserve will push on with aggressive policies against inflation.

05:45
Stock markets mixed on renewed US Fed rate fears
04:00

EV Primus, RV Connex unite for battery project

Chinese electric vehicle distributor EV Primus and defence and security technology firm RV Connex have teamed up to operate a 10-billion-baht power bank project to sell batteries to the growing EV market.

04:00
EV Primus, RV Connex unite for battery project
04:00

Energy demand poised to grow 3.2%

Energy consumption is expected to grow by 3.2% next year, driven by economic growth estimated in a range of 3-4%, says the Energy Policy and Planning Office (Eppo).

04:00
04:00

Investor optimism returns amid tourism recovery

The Investor Confidence Index (ICI) returned to the bullish zone last month amid optimism over the recovery of tourism and the domestic economy, but uncertainties related to US interest rate policy and global Covid-19 infections are still weighing on the outlook.

04:00
04:00

War rooms set up to stimulate exports

The Commerce Ministry has set up war rooms to spur exports, tackle obstacles to trade and curb the negative impact of a global economic slowdown in 2023.

04:00
04:00

Asian shares follow Wall Street upward

RECAP: Asian stocks climbed after Wall Street posted its first advance this month, with traders focused on upcoming US inflation figures for clues on the path of interest-rate increases.

04:00
04:00

Nation plagued by bots

The data of 137,000 Thais was sold on bot markets, making the country No.7 in terms of threat level in the world, according to cybersecurity firm NordVPN.

04:00
04:00

Agency, Mercedes-Benz sign deal to promote EVs

The Excise Department and Mercedes-Benz Manufacturing (Thailand) yesterday signed a memorandum of understanding to promote the use of electric vehicles (EVs) under the government's subsidy scheme.

04:00
04:00

Narrow trading range seen as year winds down

The November trading range for the SET Index was between 1,610 and 1,640 points, in line with expectations. The peak for the month was 1,640.03 while the nadir was 1,610.75. The overall investment mood and tone were quite bearish due to a lack of catalysts for the market.

04:00
04:00

Continued losses for regional airlines

The global aviation industry is expected to finally end years of losses with a net profit of US$4.7 billion in 2023, but Asia-Pacific airlines will have to wait a lot longer for their balance sheets to recover, according to the International Air Transport Association (IATA).

04:00
Continued losses for regional airlines

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.3728
37.0958
GBP
42.1861
43.0202
HKD
4.4217
4.5029
JPY
25.1919
25.8836
USD
34.5904
34.9137
CNY
4.9331
5.0686
Source: Bank of thailand (10 Dec 2022)

SET

SET
1,623.13
+2.64
SET50
979.01
+1.54
SET100
2,206.22
+3.17
sSET
1,054.92
-3.54
SETCLMV
990.90
+3.61
SETHD
1,169.80
+2.06
SETTHSI
1,036.28
+1.81
Source: settrade.com (10 Dec 2022)