The Thai stock market has tracked higher in consecutive trading days, gathering more than 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,680-point plateau and it's expected to see additional support on Friday. Read more here Source: RTT News
Last year Average Joe released Jens Balle's new book, Når hulemænd investerer (When cavemen invest). The book quickly became a hit amongst private investors. For many years Jens Balle worked in the financial sector, given advices to investors. It was during the dot.com-crisis he got interested in financial behavior. He
On February 10, 2021, the Royal Thai Government Gazette publicized the Revenue Code Amendment Act (No.53), which mainly stipulates that non-resident electronic service providers and electronic platforms are required to register for VAT under certain conditions and allows tax documents and evidence to be provided electronically. Read more here Source:
Tourism receipts in 77 provinces set another historic low in 2021 with revenue declining by 69.55% to 241,350 billion baht, while the income gap between Bangkok and other major provinces remained wide, according to the Tourism and Sports Ministry. Read more here Source: Bangkok Post
On 31st January 2022, Denmark and Thailand signed a new MoU (Memorandum of Understanding) on Dairy cooperation to take on the challenges of today’s food production. Read more here Source: ScandAsia.
Exiled former Prime Minister Thaksin Shinawatra claims that there are four or five major pork merchants in Thailand with cold storage facilities capable of storing up to 400,000 kgs of frozen pork for up to six months, and that they have been hoarding pork for profiteering purposes. Read more Source:
Key Findings After being severely hit by a surge of COVID-19 cases in the third quarter 2021, economic activity has subsequently rebounded. Economic activity is expected to return to its pre-pandemic levels end-2022, with progress on vaccinations and a resumption of tourist arrivals providing support for the recovery. The adoption
In November 2021, inflation was 2.7 percent, up from 2.4 percent in October. The rate of inflation in November was the highest since April. As a result, the trend shifted slightly upwards in November, with annual average inflation coming in at 1.0 percent (October: 0.8 percent ). Finally, core inflation
Pork producers in Thailand are requesting the government to import pork in order to assist manage rising prices, which are affecting both consumers and vendors. Pork vendors at Huai Khwang market expressed concern that if the government does not intervene, the average price of market pork could reach 300 baht