Business

Thailand’s retail industry is likely to see a lower contraction this year to 6% from the previously projected 7.8% fall, driven by a host of stimulus measures. Source: Business

Bangkok Dusit Medical Services (BDMS) has announced it will sell all its ordinary shares in Bumrungrad Hospital (BH), totalling around 180.7 million shares that represent 22.71% ownership, in a 18.6-billion-baht deal, following an earlier decision not to take over BH. Source: Business

Thai capital markets face four pending challenges going forward, referring to SEC-R (sustainability, equality, competitiveness, and resilience) pressured by the ‘five Ds’ (debt, division, divergence, digitalisation, and degradation of the environment), said the keynote speaker at the 2020 Capital Market Symposium, hosted by the Securities and Exchange Commission (SEC). Source: …

The Thai National Shippers’ Council (TNSC) is urging financial authorities to manage the local currency’s value to hover around 31 baht against the US dollar for trade competitiveness. Source: Business

Although the rights of transgender people have been in the spotlight recently, it remains challenging for transgender women to achieve their goals in life and work. But Jakkaphong “Anne” Jakrajutatip, chief executive of JKN Global Media, who has over 10 million followers on her social media platforms, has broken through …

Measures to stimulate domestic car sales, including the trade-in incentive, will be raised for discussion at the Centre for Economic Administration Situation (CESA) on Dec 2. Source: Business

The Public Debt Management Office (PDMO) has been asked to consider seeking external loans to diversify lending sources amid higher demand from the private sector amid the Covid-19 crisis, says the Finance Ministry. Source: Business

The current environmental issues are undeniably critical problems facing our planet. Indeed, the erosion of coastal landscapes and seaside condition in Thailand, especially, can wait no longer. Source: Business

Foreign investors are piling money into major Asian equity markets outside of China at the fastest pace in seven years this quarter, as vaccine successes add to the global risk-on mood. Source: Business

KUALA LUMPUR: Shares in Malaysia’s Top Glove slumped 7.5% on Tuesday, after the government said some of its factories would be closed in stages for Covid-19 screening and quarantine, as more than 2,000 of its workers tested positive for the disease. Source: Business