january 14, 2021 thai enquirer summary€¦ · 14/01/2021  · thai enquirer summary economic news...

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January 14, 2021 Thai Enquirer Summary Economic News The government’s planned allocation of the 3, 500-baht monthly financial assistance for 2 months (February-March) to 35 million people to ease financial burden of the public from the Covid-19 pandemic has drew mixed reaction from various parties. The Ministry of Finance said it had money to fund the allocation for only 2 months enough to cover 35 million people because the government has to “tighten its budget”. Krisada Chinavicharana, the finance permanent secretary, confirmed that around 14 million people will not receive the cash handout under the “Rao Chana” relief project. These people are 3 million civil servants, employees of state enterprises and 11 million people who insured under Section 33 of the Social Security Act and higher income earners according to assessments by the Finance Ministry. The opposition Pheu Thai Party slammed the government’s plan to provide cash giveaways of 3,500 baht a month for 2 months to people affected by the outbreak, saying that the amount promised is insufficient to help ease their economic hardship.

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Page 1: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

January 14, 2021

Thai Enquirer Summary

Economic News

The government’s planned allocation of the 3,500-baht monthly financial assistance for 2

months (February-March) to 35 million people to ease financial burden of the public

from the Covid-19 pandemic has drew mixed reaction from various parties.

The Ministry of Finance said it had money to fund the allocation for only 2

months enough to cover 35 million people because the government has to

“tighten its budget”.

Krisada Chinavicharana, the finance permanent secretary, confirmed that

around 14 million people will not receive the cash handout under the

“Rao Chana” relief project. These people are 3 million civil servants,

employees of state enterprises and 11 million people who insured under

Section 33 of the Social Security Act and higher income earners

according to assessments by the Finance Ministry.

The opposition Pheu Thai Party slammed the government’s plan to provide cash

giveaways of 3,500 baht a month for 2 months to people affected by the

outbreak, saying that the amount promised is insufficient to help ease their

economic hardship.

Page 2: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

In a statement issued yesterday, Pheu Thai proposed cash subsidies of

6,000 baht a month for 3 months for informal workers not covered by

the social security scheme like freelancers and farmers in Red Zone

provinces and 5,000 baht per month for 3 months for those outside the

Red Zone provinces.

The party also proposed the creation of an SME Credit Fund, with 1

trillion baht to be extended to SMEs, without going through commercial

financial institutions.

United front for Democracy against Dictatorship (UDD) chair Jatuporn

Promphan described the new round of this financial relief package as “hideous”.

Believing that the new wave of the outbreak is more severe than the 1st round,

Jatuporn questioned the government’s idea of giving away the 3,500 baht

monthly cash subsidy for only 2 months, compared with the 1st round of the

outbreak which saw eligible members of the public being provided with 5,000

baht for 3 months.

The UDD chair called on the government to revise its decision and

asked it to raise the amount of cash subsidy to 5,000 baht for 3 months.

He also called for embattled Prime Minister Gen Prayut Chan-o-cha to

tell the truth to the public if the government is running out of money.

Meanwhile, Thanavath Phonvichai, director of the Economic and Business

Forecasting Centre at the University of the Thai Chamber of Commerce

(UTCC) hailed the free cash handout package as an appropriate measure taken

by the government.

Thailand is estimated to lose 100 billion baht in income per month, says

the UTCC. It further predicted that Thailand would lose around 300-400

billion baht if the outbreak situation prolongs for 1.5-3 months. UTCC

Page 3: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

however, believes that the government will be able to rein in the

outbreak situation by February this year, sending the economic loss to

stand at around 150-200 billion baht.

As a result, Thailand will likely see an economic contraction of

2.2 per cent, rather than 2.8 per cent predicted earlier.

The cash handout scheme is expected to inject no less than 70 billion

baht into the economy which should be sufficient enough to sustain the

fallout, Thanavath said.

The Digital Economy and Society (DES) Ministry said it is negotiating with mobile

phone providers to allow mobile phone users to download and use free data when using

the Covid-19 contact-tracing app “Mor Chana” on their smartphones for 3 months

starting from January 11.

TMB Analytics estimates that the new wave of the Covid-19 outbreak will wipe 140

billion baht off Thailand’s trade and tourism revenue which account for 22 per cent of

Thailand’s gross domestic product (GDP) and 6.9 million jobs.

It said the biggest economic fallout would be felt by the maximum control zones

concentrating in the central and eastern red-zone provinces where trade and

tourism accounts for 23 per cent of GDP. It forecast the fresh outbreak, which

began in mid-December, would cost these provinces 128 billion baht.

The top 3 worst impacted provinces would be Bangkok, which would lose 81.424

billion, Chonburi 15.463 billion and Phuket 2.799 billion.

TMB Analytics suggested the government should issue remedial measures to

support business operators including shops, restaurants and entertainment venues.

Page 4: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

SET-listed developer Land & Houses Plc (LH) scaled down its residential launches this

year to 12 projects, down 25% from last year, worth a combined 20.7 billion baht.

Managing director Adisorn Thananan-narapool said the company expects to have

28 billion baht in presales and 30 billion in revenue from residential sales by the

end of 2021. The investment budget this year exceeds last year's, totaling 11

billion baht with 6 billion allocated for land purchases for residential

development, and 5 billion for rental properties.

Last year LH launched 16 new residential projects worth a combined 28.6 billion

baht, and invested 6.8 billion baht, lower than the 11 billion originally planned in

January 2020.

Thai Airways International Plc (THAI) acting president Chansin Treenuchagron has

reassured the public that the carrier is working to ensure its rehabilitation plan will be

submitted by its “specified timeframe”.

Page 5: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

The Thai flag carrier said on 5 January that it would submit the plan by February

2, after being granted a 1-month extension to a previous deadline of January 2.

The plan requires approval by the airline’s creditors.

“THAI would like to reassure to the public that THAI’s rehabilitation

plan is still in progress without any interruption under supervision of

the Central Bankruptcy Court due to the ongoing circulation of news

regarding the rehabilitation plan of Thai which may cause public

confusion,” Chansin said in a statement.

The Thai Bond Market Association (TBMA) is confident in the direction of the Thai

bond market in 2021, assessing that private companies will continue to raise capitals

through the bond market in the long run to boost liquidity amid uncertainty.

TBMA president Tada Phutthitada believes that the impact of the new wave of the

outbreak on the bond market will likely be lesser than the 1st round. The

association sees new corporate bond issues of 700 billion-750 billion baht this

year, after a 36% drop to 684 billion baht last year as more firms sought other

funding sources.

Meanwhile, the country’s benchmark interest rate is unlikely to fall further this

year, Tada said, adding that Thailand’s policy interest rate should remain steady at

a record low of 0.5 per cent this year, as liquidity is not an issue,

Mazda is upbeat about 2020 sales prospects.

Chanchai Trakarnudomsuk, president of Mazda Sales Thailand, hailed various

assistance measures rolled out by the government to help drive the economy amid

challenging economic circumstances. As a result, the auto sector saw better-than-

expected sales volumes at year-end. Domestic car sales dropped 20 per cent to

790,000 vehicles last year.

Page 6: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

Mazda also predicts the number of domestic car sales of 840,000 units in 2021, up

slightly by 6 per cent from last year but warns of another wave of the outbreak as

an uncontrollable factor that could dim this prospect.

Political News

If there is any country that needs a lesson on how not to do things, they should make the

Royal Thai Police as a case study.

The Royal Thai Police last night ‘abducted’ a 1st year student at Thammasat

University’s dormitory, on grounds of breaking the Lese Majeste laws (112).

The apprehending of the ‘New Sirichai’ a 1st year student at Thammasat

University has prompted the gradually slowing student protest movement to pick

up today as the ‘friends’ of ‘New Sirichai’ have gathered at the police station

where the young student is being held.

The reports suggest that Khlong Luang police in Pathum Thani arrested New

Sirichai, a fresh man at Puey Ungphakorn School of Development Studies, for

violating Section 112 of the Criminal Code of the lese majeste law in the middle

of last night at 23.00 hrs.

New Sirichai is expected to be taken and be detained at the Border Patrol Police

Region 1 office on the same night, according to the Thai Lawyers for Human

Rights (TLHR). New Sirichai is a member of the United Front of Thammasat and

Demonstration (UFTD).

Page 7: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

A pix of New Sirichai

Embattled Prime Minister Gen Prayut Chan-o-cha yesterday asked the public for

cooperation when talking about the country’s problems with gambling dens and drug use.

He said no one can do this all by themselves, even a hundred prime ministers will

not be able to do it if everyone does not work together.

Gen Prayut’s comments came after gambling dens in Rayong, Chonburi and

Chanthaburi were found to have contributed to the new wave of the spread pf the

coronavirus outbreak in the country starting in mid-December.

Commenting on the issue of the ongoing deaths (another 3 deaths were reported

yesterday) from misuse of drugs,

The new drug cocktail called “Yah K-Nom Phong”, or “K-Powdered Milk” which

is linked to many deaths in Bangkok over the weekend,

Gen Prayut said that he did not understand why some people are using the new

drug cocktail as he put it, “I do not understand why they are taking it and why do

they have to take it which is the problem. This is why I said it is all started with

the needs of the people”.

Page 8: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

Yesterday, Gen Prayut gave the greenlight to provincial administration organisations

(PAOs) to supply Covid-19 vaccines to local people but most importantly that vaccine

must receive approval from the Thai Food and Drug Administration (FDA).

Gen Prayut’s remarks came in response to reports that local administrative

organisations (LAOs) in several areas are prepared to set up budgets to provide

Covid-19 vaccinations to immunise local residents.

The Prime Minister said LAOs could do so if they plan to use their own budget as

this is about decision of local governments.

As the parliament is set to reconvene soon, it has raised fears of the spread of the virus.

Anan Phol-amnuay, Phalang Pracharat Party (PPRP) MP for Kamphaeng Petch

province as chairman of the House committee on parliamentary affairs, admitted

that the reopening of the House scheduled for January 20 amid the new wave of

the outbreak posed a risk of spreading the virus because the parliament is a

gathering place for MPs and followers of 77 provinces; some of which are

categorised as “red zone” provinces.

Anan said the reopening of the parliamentary session is unavoidable and this

requires the parliament to enforce precautionary measures to prevent the virus

spread including the control of exit and entry points, social distancing rules and

only MP and parliamentary officials are allowed in the parliament.

Meanwhile, the Senate is scheduled for an ordinary session on January 18-19,

according to senator Khamnoon Sithisaman.

Senate speaker Pornpetch Wichitcholchai scheduled a meeting of the Senate whip

today to discuss rules and whether or not the Senate is ready to return to debate

charter amendment drafts.

Page 9: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

This is the same as the House committee considering charter amendment drafts

which has to decide on the charter amendment movement as it is required to

present draft amendments on January 21-22 to the parliament before parliament

goes into recess from February 28.

On the upcoming Bangkok gubernatorial election, it is still unclear whether incumbent

Bangkok governor

Pol Gen Aswin Kwannmuang will be running for re-election as he said he has yet

to decide on the matter. Aswin only told reporters that he keeps himself fit,

leaving the media to guess if he plans to stand for the race.

Earlier, a report said former national police chief Pol Gen Chakthip Chaijinda had

phoned Pol Gen Aswin and asked him if he will run for the re-election. The

Bangkok governor told Pol Gen Chakthip that he had not made decision.

All this came after Deputy Prime Minister Prawit Wongsuwon came out to

say that his Phalang Pracharat party had nominated Pol Gen Chakthip as

the candidate.

Pol Gen Chakthip later came out to say that he has not made up his mind

yet.

Another report said Pol Gen Chakthip had launched a Facebook page, “Pol

Gen Chakthip Chaijinda” on December 25, 2020 asking the public to click

“Like” to him, fuelling speculation that he could be running for the race.

Another potential candidate was Chatchart Sithiphan, who has been preparing for

the candidacy of the Bangkok Governor as independent candidate, has come out

to make a statement on his Facebook page that Bangkok Metropolitan

Page 10: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

Administration has about 50 billion baht or more in its coffers and that is more

than enough to vaccinate the entire city.

On the controversy surrounding the Internal Security Operations Command (Isoc)’s 45-

million-baht solar cell project in Omkoi district of Chiang Mai, Treerat Sirichantaropas,

secretary of the House committee on corruption suppression and prevention, said she

would petition Pol Gen Sereepisut Temeeyaves, the committee’s chairman, to ask the

committee to look into irregularities in the project.

Treerat said he found many irregularities in the Isoc’s solar project worth 45

billion baht such as the terms of reference of the projects presented by some

companies which are not even solar installation operators.

Meanwhile, political activist Srisuwan Janya has asked the Ministry of Natural

Resources and Environment to look into a suspected land encroachment case at

the remote village of Ban Mae Kerb in Chiang Mai’s Omkoi district. Srisuwan

said he obtained information that Ban Mae Kerb is a relatively new village

established inside a forest. He said judging from satellite images, there were no

traces of human activity in that area until 7 years ago.

The Anti-Money Laundering Office (Amlo)’s meeting resolved to seized and freeze

assets worth 13.7 million baht of well-known rice trader Apichart “Sia Pieng”

Chansakulporn, associates and TC Property.

The case involves assets worth 13.7 million baht, including automatic car parking

machines and money in bank accounts, and belonged to Apichart, his business

associates and TC Property.

---------------------------------------------------------------------------------------------------------------------

General News

Page 11: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

There was some good news for Thais as the number of Covid-19 cases in Thailand seems

to improve after the country recorded only 157 new cases in the past 24 hours, taking the

number of confirmed cases in Thailand has now increased to 10,991, with no new death

at 67. Of these, 8,791 contracted Covid-19 domestically, including 3,006 found after

proactive testing.

270 Navy personnel on HTMS Chakri Naruebet have tested negative for Covid-

19 after 2 sailors who visited a beer garden in Sri Racha district of Chonburi were

earlier found infected with the virus, Navy spokesman Rr. Adm Chettha Jaipiem

announced. However, they must still complete 14-day quarantine, he added.

The Centre for Covid-19 Situation Administration (CCSA) said that

Of the 157, Bangkok confirmed 24 cases, Samut Sakhon 25 and Samut Prakan 15.

Some 90 of the 157 contracted the virus after visiting high-risk places or being in

occupations that exposed them to virus patients.

Proactive testing led to the discovery of 42 positive cases in Samut Sakhon (6

foreigners and 4 Thais), Pathum Thani (9 from Myanmar, 3 other foreigners and 1

Thai), Rayong (12 Thais), Chon Buri (5 Thais), and Samut Prakan (1 Thai and 1

from Myanmar).

Meanwhile, 21 Thais caught returning from Myanmar without permission on

January 11 have Covid-19 with five of them are asymptomatic.

To make matters worse the police station of Thaa Kham saw one of its officers being

tested positive for the virus.

This has prompted the police station that is located around Central Rama 2, to go

on a mass testing today .

Page 12: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

The Ministry of Public Health has requested further information about the vaccine it has

ordered from China following a report it might not be as effective as first thought.

The move came after Brazil officials revealed on Tuesday that the coronavirus

vaccine developed in partnership with Sinovac Biotech Ltd was 50.4% effective

in preventing coronavirus cases, a number that meets the threshold required by

global regulations for approval but is well below the 78% figure announced by

Sinovac Biotech last week.

Supakit Sirilak, chief of the Department of Medical Sciences, on Wednesday

insisted the government was still likely to proceed with its order of two million

doses, starting next month.

He said the request for more details about the efficacy and safety of the vaccine

had already been sent to Sinovac Biotech and was in line with the process for

submitting vaccines for approval by the Thai Food and Drug Administration

(FDA).

Political News Headlines in Thai Media

Thailand’s problems with gambling dens and drug use can only be resolved if everyone

works together, Prime Minister Chan-ocha said on Wednesday.

o Link- https://www.thaienquirer.com/22842/pm-calls-on-thais-to-address-the-root-of-

the-countrys-gambling-and-drugs-problems/

The Malaysian-born comedian best known for his character Uncle Roger was under fire

Wednesday after he deleted a collaboration with a Chinese-born YouTube star when he

discovered his history of criticizing the Chinese government, and then apologized publicly

for working with him.

o Link- https://www.thaienquirer.com/22841/uncle-roger-faces-public-backlash-after-

deleting-collaboration-with-china-critic/

Page 13: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

Clashes around a gold mine in Thailand’s Loei province went viral Wednesday after an

official fired a shot into the air during a confrontation with activists and locals.

o Link- https://www.thaienquirer.com/22830/gold-mine-protests-in-north-eastern-

thailand-go-viral-after-shot-fired/

The government wants 40 million people to register to its contact tracing application to

curtail the spread of the coronavirus, a spokesman said on Wednesday.

o Link- https://www.thaienquirer.com/22820/the-government-wants-40-million-people-

to-register-for-its-tracing-app-132-new-coronavirus-cases/

In Thailand, the concept of “doing good” — tum kwarm dee — has historically been a

relatively uncontroversial idea.

o Link- https://www.thaienquirer.com/22806/opinion-pimrypie-controversy-shows-

need-for-greater-government-attention-to-remote-communities/

Data just in from Brazil shows the Chinese Covid-19 vaccine to be far less effective than

claimed by Beijing, raising serious questions about the Thai government’s decision to

invest heavily in the Sinovac jab, with the first doses due to arrive in February.

o Link- https://www.thaienquirer.com/22811/opinion-poor-sinovacs-results-in-brazil-

raises-questions-about-the-thai-government/

Samut Prakan Provincial Court has dismissed lèse-majesté, sedition and computer crime

charges against defendant Thanakorn (surname withheld), the Internet Law Reform

Dialogue (iLaw) said on Wednesday.

o Link-

https://www.nationthailand.com/news/30401183?utm_source=category&utm_mediu

m=internal_referral

Lawmakers said they will ask the government to consider fining a prominent construction

contractor 12 million baht per day for its failure to complete the new parliament building

on time – nearly six years after the deadline.

o Link- https://www.khaosodenglish.com/politics/2021/01/13/govt-to-decide-on-fining-

contractor-for-parliament-construction-delay/

A reconciliation committee formed by the Thai parliament speaker to resolve issues raised

by anti-government protesters was packed with politicians from the ruling coalition and

military-appointed senators.

Page 14: January 14, 2021 Thai Enquirer Summary€¦ · 14/01/2021  · Thai Enquirer Summary Economic News The government’s planned allocation of the 3,500-baht monthly financial assistance

o Link- https://www.bangkokpost.com/thailand/general/2050467/opposition-protesters-

stay-out-of-new-reconciliation-panel

The government on Wednesday said it was still on track to receive and administer a

coronavirus vaccine by China's Sinovac Biotech starting next month, despite data from a

Brazil trial that showed 50.4% efficiency, health officials said.

o Link- https://www.bangkokpost.com/thailand/general/2050415/thailand-on-track-to-

use-sinovac-vaccine-despite-trial-data

Bangkok Governor Aswin Kwanmuang has indicated he stands ready for a gubernatorial

election, although the date for the poll has not been set.

o Link- https://www.bangkokpost.com/thailand/politics/2050435/aswin-stays-fit-for-

bangkok-governor-contest

The Anti-Money Laundering Office (Amlo) has resolved to freeze assets worth about 30

million baht resulting from three criminal cases.

o Link- https://www.bangkokpost.com/thailand/general/2050587/amlo-freezes-b30m-

in-3-cases

Economic News Headlines in Thai Media

Shares of Italian-Thai Development (ITD) fell 3.51 per cent to 1.10 baht at 11.40 am

Wednesday with a trading value of 43.36 million baht, after the company notified the

market that all of its concession agreements in Dawei, Myanmar had been aborted.

o Link- https://www.thaienquirer.com/22823/italian-thai-development-shares-fall-over-

cancellation-of-myanmar-sez-contracts/

Bangkok Life Assurance (BLA) has extended the registration period for its Covid-19 daily

hospitalisation coverage with no extra premium required. Customers who hold BLA life

insurance policies directly or through Bangkok Bank can register for the coverage via the

BLA QR code and web link until the end of this month.

o Link-

https://www.nationthailand.com/news/30401184?utm_source=category&utm_mediu

m=internal_referral

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The Stock Exchange of Thailand (SET) Index closed at 1,547.31 on Wednesday, up 7.46

points or 0.48 per cent. Total transactions amounted to Bt106.7 billion with an index high

of 1,561.66 and a low of 1,542.42.

o Link-

https://www.nationthailand.com/business/30401185?utm_source=category&utm_me

dium=internal_referral

The Bangkok City Hall appears to have ended its controversial policy of omitting the

mention of convenience stores owned by an influential conglomerate in its travel history

of coronavirus patients.

o Link- https://www.khaosodenglish.com/news/crimecourtscalamity/2021/01/13/7-

elevens-now-included-in-city-halls-coronavirus-timeline/

Police raided a rented house containing more than 100,000 fake medical gloves and

arrested the tenant in Wang Thonglang district on Wednesday.

o Link- https://www.bangkokpost.com/thailand/general/2050447/over-100-000-fake-

medical-gloves-seized

The government's domestic tourism goal of 200 million trips this year is achievable,

though it depends on state support via more stimulus plans, says the Association of

Domestic Travel (ADT).

o Link- https://www.bangkokpost.com/business/2050751/association-of-domestic-

travel-upbeat-on-domestic-tour-goal

The government has retained its price control on 55 products and service items including

medical face masks, a synthetic fibre used as a raw material to make medical face masks,

alcohol and alcohol-based hand sanitiser, and recyclable paper.

o Link- https://www.bangkokpost.com/business/2050619/price-controls-for-55-items

SCG Packaging Plc (SCGP) plans to have its recently acquired Go-Pak UK Ltd expand to

food packaging services in the global market as more consumers buy food to eat at home

and choose environmentally-friendly products.

o Link- https://www.bangkokpost.com/business/2050575/scgp-eyes-global-market-

with-acquisition-of-uks-go-pak

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Asia Plus Securities (ASPS) Research predicts 13 low free-float stocks with high volatility

are likely to drop in value following a possible revision of the criteria for free-float

shareholding of listed companies.

o Link- https://www.bangkokpost.com/business/2050607/asps-says-13-low-free-float-

stocks-likely-to-drop-in-value

Issues to be watched out for

January, 2021 – The opposition is planning to file a no-confidence motion against the

government, the 2nd round of a censure debate the current administration is facing.

January, 2021 – The parliament is set to deliberate the charter amendment bills in the 2nd

reading.

January 2021 – The World Bank will review Thailand’s economic growth outlook.

January, 2021 – Charoen Pokphand Foods Plc (CPF) is preparing to issue 5 series of

debentures with tenors of 2 years to 12 years to retail, institutional and high net worth

investors.

January 18, 2021 – The reconciliation committee to ease the political tensions is

scheduled for the 1st meeting at 13.30 hrs. at the parliament.

January 27, 2021 – The Constitutional Court is set to rule on Democrat Party MP for

Nakhon Si Thammarat Thepthai Senpong’s MP status following the Election

Commission’s petition.

February, 2021 – The Legal Execution Department plans to open the auction for the Dhara

Dhevi Hotel Chiang Mai next month at a price of 2.116 billion baht.

February, 2021 – A law amendment bill that allows women with pregnancies of not more

than 12 weeks to get an abortion is to take effect.

February, 2, 2021 – Thai Airways International Plc (THAI) said it will submit a

rehabilitation plan to the Central Bankruptcy Court, postponed from the original schedule

on January 2, 2021.

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February 3, 2021 – The Bank of Thailand (BoT)’s Monetary Policy Committee (MPC)’s

next meeting to review policy interest rate.

February 28, 2021 – Tentative date for municipality elections and the election of tambon

administrative organizations (TAOs).

February 28, 2021 – The current parliamentary session is scheduled to end.

March 21, 2021 – Elections for the mayors and councillors of municipalities of all levels -

tambon, muang and nakhon - throughout the country.

March 31, 2021 – The government’s half-half co-payment scheme is set to end.

April, 2021 – Thai Airways International Plc (THAI) expects the Central Bankruptcy

Court to consider its rehab blueprint for approval.

April 2021 – The Batong Airport is scheduled to be opened after being postponed from

February due to the resurgence of the Covid-19.

April, 2021 – The central bank plans to officially implement the new rule on the rate of

penalty imposed on loan defaulters in a bid to ease borrowers’ burdens and motivate them

to repay their debts.

June, 2021 – Bank for Agriculture and Agricultural Cooperatives (BAAC)’s debt holiday

is due to expire.

Key Data

SET Index 1,547.31 +7.46

Link - https://www.set.or.th/en/company/ipo/upcoming_ipo_set.html

Global Commodities

Metal -Link http://www.bloomberg.com/markets/commodities/futures/metals/

Energy -Link - http://www.bloomberg.com/energy/

Baltic Dry Index (BDI)-Link - http://www.bloomberg.com/quote/BDIY:IND

Global Equity Market’s Movements

Link - http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific/

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Asian Equity Markets Movement

Link - http://www.bloomberg.com/markets/stocks/world-indexes/

Information on January 13, 2020

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

BLA 100,000 26.25 Sale

BH 34,900 125 Purchase

DOD 1,500 9.3 Purchase

JCK 10,100,000 0.23 Sale

JCK 5,850,200 0.22 Sale

JMT 300,000 36 Purchase

PDJ 64,000 1.23 Purchase

PDJ 31,000 1.27 Purchase

PSL 143,500 8.7 Purchase

PRINC 200,000 4.4 Sale

SABUY 7,850,000 2.02 Purchase

SGP 1,000,000 10.7 Sale

SGP 1,000,000 10.7 Purchase

STGT 1,000 37 Purchase

STI 30,000 6.77 Sale

STI 40,000 6.75 Sale

STI 16,000 6.73 Sale

STI 20,000 7.05 Sale

TMILL 100,000 3.26 Sale

TMILL 100,000 3.28 Sale

TMILL 100,000 3.3 Sale

XD, XE or XM or other notifications

For list of Companies that have dividend payment and AGM meeting schedules click on

http://www.set.or.th/set/calendarofevents.do

Trading Breakdown on the Stock Exchange of Thailand

Daily as of 13 Jan 2021

Unit: M.Baht

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Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 8,095.70 7.59 7,370.61 6.91 725.09 -

Proprietary

Trading

12,498.60 11.71 12,279.91 11.51 218.69 -

Foreign Investors 38,318.29 35.91 38,193.82 35.8 124.47 -

Local Individuals 47,787.42 44.79 48,855.67 45.79 -1,068.24 -

Monthly Cumulative between 1 - 13 Jan 2021

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 78,284.29 8.86 75,330.28 8.52 2,954.01 -

Proprietary

Trading

97,156.20 10.99 94,651.99 10.71 2,504.21 -

Foreign Investors 301,678.49 34.13 295,993.15 33.49 5,685.35 -

Local Individuals 406,793.63 46.02 417,937.20 47.28 -11,143.57 -

Yearly Cumulative since 1 Jan - 13 Jan 2021

Unit: M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 78,284.29 8.86 75,330.28 8.52 2,954.01 -

Proprietary

Trading

97,156.20 10.99 94,651.99 10.71 2,504.21 -

Foreign Investors 301,678.49 34.13 295,993.15 33.49 5,685.35 -

Local Individuals 406,793.63 46.02 417,937.20 47.28 -11,143.57 -

Total Trading Value 106,700.02 Million Baht

Background Information –  

The strength of each party in the Thai Parliament as of May 8, 2019 as per the report by the

Election Commission of Thailand. Elections took place on March 24, 2019

https://www.ect.go.th/ect_th/news_all.php?cid=24

List of MPs - https://www.ect.go.th/ect_th/download/article/article_20190508184334.pdf Information provided here is copyright of ThaiNews Corp and no part maybe reproduced in any form without

the prior written permission. The opinions expressed are only those of the writer’s and is analysed based on the

situation.