Artikel tagged “stock exchange”

  • SCB report says political instability will dampen economic confidence

    SCB report says political instability will dampen economic confidence

    The question over stability of the new government continues to dampen economic outlook, despite the recent sittings of Parliament and the formal election of a new prime minister – this according to a new economic outlook report. The report by the Siam Commercial Bank’s Economic Intelligence Centre says that the new government will face difficulty in balancing the interest of each coalition party who campaigned on a range of policies during the election. The report also notes the the numbers of the MPs of the Palang Pracharat party ‘coalition’ and the opposition camps are very close, raising the question over the longevity of the new government – just a few disgruntled MPs could ‘walk the floor’ and cause any legislation to fail in the lower house.

  • Thai Airways says it will stick to ‘rehabilitation plan’ despite 11.6 billion baht loss in 2018

    Thai Airways says it will stick to ‘rehabilitation plan’ despite 11.6 billion baht loss in 2018

    It hasn’t been a good week for Thai Airways as the national airline continues to fly passengers to their original destinations days after flights were cancelled and rescheduled due to Pakistan airspace closures. Even yesterday Thai Airways was reporting a backlog of up to 2,000 passengers they were hoping to clear before the end of this weekend. Meanwhile, it emerged yesterday that Thai Airways International reported a net loss of 11.6 billion baht compared to a 2.1 billion baht loss the year before