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October 18, 2021 Thai Enquirer Summary Economic News Thai authorities were working overtime during the weekend after online was buzzing with reports that 10’s of thousands of Thais were charged from less than $1 to $1,000+ for online transactions. The move prompted the Bank of Thailand (BoT) and the Thai Bankers Assocaition to hold a meeting over the weekend. The issue was serious enough for Prime Minister Prayut Chan-o-cha to come out to make a statement, thus prompting the Royal Thai Police to spring into action. The issue was raised by people when people were charged for ‘EDC’ and the transactions ranged from 29.99 baht all the way to 30,000+ baht per transaction, with some being charged to the tune of 113,000 baht. The transactions were charged to both credit card and to debit cards of people who were using these cards for online purchases. There have been many complaints from bank account owners that their account Money has been cut in small amounts. The BoT said it recognized the problem and decided to call an urgent meeting to identify the cause, solutions and methods to prevent or help further.

October 18, 2021 Thai Enquirer Summary

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Page 1: October 18, 2021 Thai Enquirer Summary

October 18, 2021

Thai Enquirer Summary

Economic News

Thai authorities were working overtime during the weekend after online was buzzing

with reports that 10’s of thousands of Thais were charged from less than $1 to $1,000+

for online transactions.

The move prompted the Bank of Thailand (BoT) and the Thai Bankers

Assocaition to hold a meeting over the weekend.

The issue was serious enough for Prime Minister Prayut Chan-o-cha to come out

to make a statement, thus prompting the Royal Thai Police to spring into action.

The issue was raised by people when people were charged for ‘EDC’ and the

transactions ranged from 29.99 baht all the way to 30,000+ baht per transaction,

with some being charged to the tune of 113,000 baht.

The transactions were charged to both credit card and to debit cards of people

who were using these cards for online purchases.

There have been many complaints from bank account owners that their account

Money has been cut in small amounts.

The BoT said it recognized the problem and decided to call an urgent meeting to

identify the cause, solutions and methods to prevent or help further.

Page 2: October 18, 2021 Thai Enquirer Summary

The BoT has said that if the transactions were not undertaken by those who have

been charged could appeal and seek refund but the banks have said that it could

take up to 90-days to get a refund.

Reports suggest that as of this morning as many 20,000 people have been

impacted from this online hacking/transaction.

Bangkok Metropolitan Administration (BMA) has come out to say that gearing up for

Bangkok’s reopening in response to the government’s quarantine-free reopening plan on

November 1st.

Thai Restaurant Association president Thaniwan Kulmongkol said its agency

will join a meeting of the BMA’s committee to lay down policy for the reopening

of borders to welcome foreign tourists in Bangkok.

Other agencies to be present at the meeting are the Professional Tourist Guide

Association of Thailand, the Association of Thai Travel Agents and the Thai Spa

Association.

Previously, the private sector has offered guidelines to open a safe city and

recommends using a Digital Health Pass to reopen business. The BMA is said to

plan to embrace other approaches such as Thailand Pass co-developed by the

Page 3: October 18, 2021 Thai Enquirer Summary

Department of Customs and the Ministry of Foreign Affairs to screen Thai and

foreign nationals before entering Thailand.

The Digital Health Pass is a system for issuing QR codes which show an

individual’s vaccination status and RT-PCR test results if required by public

services, restaurants and domestic flights.

Prior to the pandemic, Bangkok welcomed 66.9 million domestic and foreign

visitors in 2019. Out of this 24.8 million were foreign visitors who generated

close to 1 trillion baht to the economy.

The BMA aims to have 70% of the capital’s population to be fully vaccinated by

Oct 22, in line with its projected target.

The country’s reopening will help boost economic growth momentum next year if the

Covid-19 situation is well-managed, the Kasikorn Research Centre (KReseach) said.

Charl Kengchon, KReseach’s managing director, said the opening of the country

may drive GDP to positive growth of 3.7%. However, the centre has not revise

its economic growth forecast of this year which is predicted to see a contraction

of 0.5%. The centre will have to wait for clarity of the country’s economic

outlook again before it raise the country’s GDP growth outlook if it may reach

4% next year in a new round by the end of this month.

Phacharaphot Nuntramas, deputy managing director of Krungthai Compass, the

think tank of Krungthai Bank, is convinced that the country’s reopening will help

push Thailand’s economic growth next year if the country sees a return of 5

million foreign tourists. This could drive Thailand’s GDP growth to 6% next

year, compared with its previous forecast of 3.9%.

Thailand could achieve 1.3% economic growth this year, as forecast by the Fiscal Policy

Office (FPO), said Pisit Puapan, director of the Bureau of Macroeconomic Policy.

Factors to watch in the final quarter this year include the performance of the

export sector, domestic spending, and the results of the government's stimulus

packages. If all these factors fail to perform well, the FPO might cut its economic

growth forecast, Mr Pisit said. If the projection is downgraded, it would be a

minor change, he said.

The FPO is scheduled to announce its updated GDP growth projection on Oct 28.

The office projected GDP growth of 4.5% in 2022.

Page 4: October 18, 2021 Thai Enquirer Summary

Smokers are set to see the new excise tax structure for new retail cigarette prices by 6-8

baht per pack from today as convenience stores and grocery shops announced.

A 20% tax rate is applied to the retail price for cigarette packs costing up to 60

baht. If the retail price is 55 baht per pack, the state-run Excise Department has

increased the retail price of cigarettes priced at 55 baht per pack to 63 baht, 60 to

66 baht and 95 to 102 baht per pack.

The retail prices of imported cigarette brands are set to increase from November

1, from 60 baht per pack to 68-72 baht. However, retail prices for more expensive

products priced from 150 baht will remain unchanged for now.

SET-listed property developer Sena Development Plc (SENA) earmarked more than 2

billion baht to take over ongoing development projects to cut down on construction

period and operation costs.

CEO Kessara Thanyalakpark said the company plans to spend more than 2

billion baht to acquire 3 condo projects on Rattanathibet Road, Charoen Nakhon

Road and in the Bang Sue-Tao Poon area which will be developed under a new

brand called “FLEXI”, targeting Gen Y & Gen Z and the New Generation.

Kessara expected the sluggish condo market to pick up as the number of unsold

condo inventory decreases.

The company has marked the price of new con projects at between 1.5-2.5

million baht per unit. Kessara said the company is ready to wrap up 3 property

projects under the budget of 2 billion.

The impact of the pandemic caused SENA to cut its 2021 presales target to 7.111

billion baht from 11 billion, slashing its transfer target to 6.943 billion baht from

10 billion.

Meanwhile the price of food in Thailand is on the rise and one of the price rise is being

witnessed in the prices of pork.

The price of pork is on the rise and could reach as much as 100 baht/kg for live

animal as weakening Thai Baht has taken a toll on the animal feed prices which

has risen

This has prompted the farms to lower their output and as of now just about

25,000 live pigs are in the market per day, down by 50% from 50,000 in the past.

Page 5: October 18, 2021 Thai Enquirer Summary

The price below shows the prices of pork over the past 3-weeks in

different parts of the Thailand

Region Sept 29 Oct 6 Oct 14

West Thailand 64 68 72

East Thailand 75 75-77 79-80

Isarn 70 72-74 74-76

North Thailand 70 72 76

South Thailand 71 74 78

Political News

This week is set to be an interesting one as one of the maverick politicaians and a

workhorse of 2014 coup leader – Prayut Chan-o-cha, is set to hear the fate of his future

from the ‘Constitutional Court’.

Paiboon Nititawan, the party list MP from People’s Reform party, that had won

just 1 seat with a mere 30,000 votes in his bag, had merged his part with Palang

Pracharat party (PPRP) in August 2019.

As many as 60 MPs have petitioned the Constituational Court to hear the case of

how Paiboon had not shuttered his party’s operations before joining PPRP, a

prerequisite to jumping into a new party.

Under the 2016 constitution a party list MP loses his/her position as soon

as they quit or move from the party that they are representing (in this case

People’s Reform Party) but Paiboon continued to remain a MP in a new

bigger outfit – PPRP.

Page 6: October 18, 2021 Thai Enquirer Summary

The constitutional court that has managed to give judgments that no Thais can

ever understand (remember how PPRP’s Secretary General – Thamanat Prompao,

was let off the hook for his conviction of drug dealing in Australia because

Australia was not part of Thailand’s sovereign area thus indicating that a

conviction as severe as heroin smuggling was ‘okay’ as long as it was outside the

sovereign state of Thailand).

The decision on Paiboon’s future is likely to give a new twist to how the

system can accommodate and be bent by those who are supposed to

protect it.

Thais don’t have to wait too long, they can tune in to another sitcom on

Wednesday for a good laugh.

60 MPs have asked CC to vote on Paiboon’s status

All eyes should be on Pheu Thai as it is scheduled to hold annual general meeting (AGM)

to be held in Khon Kaen province on October 28. The meeting is expected to focus on the

selection of a new executive board to replace 4 vacant seats including 2 deputy leaders

and 2 executive members.

Pheu Thai’s secretary-general Prasert Chanthararuangthong said the party will not

made any revelation about its PM candidate at the planned AGM on the day but

said it has someone in mind whom he believed will impress the public.

Pheu Thai is gearing up for the next general election with a fresh new logo although it

has yet revealed its PM candidate.

Phumtham Wechayachai, an adviser to Pheu Thai leader Sompong Amornvivat,

and leader of the “Care” group announced changes to the Pheu Thai’s new logo.

The party’s new logo is to give the party’s new look that is bolder and brighter

than the previous one. The party theme comes in a new font in the bright red

background. Phumtham said the bright red colour reflects the party’s long fight

for democracy while the word “tomorrow” is used to echo its determination to

thrive in the future like when the Pheu Thai-led government ruled the country.

Phumtham said the new logo was launched to glorify the party’s success since it

was Thai Rak Thai. He confirmed that Pheu Thai is the only party that will field

candidates across 400 constituencies in Thailand and 100 list MPs in the party-list

system.

Interestingly, Pheu Thai’s plan to hold its AGM at the end of this month in Khon

Kaen raised speculation that it may clash with the Move Forward Party which will

Page 7: October 18, 2021 Thai Enquirer Summary

hold its AGM in Khon Kaen on October 16. Pheu Thai has the highest numbers of

MPs in the northeast.

Pita Limjaroenrat, leader of the Move Forward Party, yesterday came out to

declare he will be the party’s candidate for the post of prime minister in the next

general election.

The Democrat Party is pushing for draft amendments to laws governing local elections to

allow MPs, senators and state officials to help candidates campaign for local elections.

Democrat Party deputy leader Ong-art Klampaibul said the party has assigned its

legal team to draw up amendments to laws governing local polls. He said the

party’s legal team has now completed amendment drafts and is ready to present to

the parliament president this week.

Ong-art said it made little sense that political parties are allowed by law to field

candidates for local elections but MPs, other political office holders such as

ministers, their secretaries and advisors are not allowed to help campaign for local

elections in fear of abuse of power.

The Democrats are convinced that by allowing MPs and state officials to help

parties campaign for local elections will help strengthen local politics and solidify

the country’s political system at the national level, Ong-art said.

The opposition Pheu Thai still keeps mum about its prime ministerial candidate.

However, there are reports that an MP in the northeast have called for Khunying

Potjaman Na Pombejra, his ex-wife, to take charge of the party as new leader.

In response to this call, former prime minister Thaksin Shinawatra has reportedly

shoot down the idea of having Potjaman taking the party’s helm, bragging that he

Page 8: October 18, 2021 Thai Enquirer Summary

has several tactics to help Pheu Thai win a landslide victory in the next general

election.

There are reports that over the weekend Thaksin had recently made a video-call to

MPs to allow them to ask questions. Krieng Kalpatinan deputy party leader and

leaders of the northeast from Ubon Ratchathani inquired about the possibility of

giving Potjaman to lead the party in the next election battle because if Potjaman

took the position, she could be a magnet to attract old supporters.

When Thaksin heard the question, he smiled and replied: “Khunying Potjaman is

dislikes politics but in the past, she was forced to agree to it.

“Khunying [Potjaman] is probably too old and if absolutely not necessary

Khunying won’t ask for politics because she doesn’t like it. The second is

that she is not good at speaking. She can chair a meeting but she is not

good at going up and giving a speech on the stage to greet the people.”

Another report said the leader of Pheu Thai MPs in the northeast has also pushed

for Khunying Sudarat Keyuraphan, strategic chairwoman of the Thai Sang Thai

(Build Thai) Party to run party affairs instead if he fails to pressure party

heavyweights to tip Potjaman to take charge of the party.

The leader of Pheu Thai MPs in the northeast is said to plan to meet Thaksin in

Dubai at the end of this month to stress its demand. Speculation is already rife

that his call may face resistance from the Care group under a Pheu Thai

breakaway faction after its leaders have made clear that the group do not

welcome Sudarat’s return. Both Thaksin and Potjaman dismissed the possibility

of Sudarat’s return.

A majority of Thais are against the government’s plan to reopen the country to vaccinated

foreign tourists on November 1, according to a recent survey by Suan Dusit Rajabhat

University, or Suan Dusit Poll, citing their fear that tourists will bring in new infections

and not enough locals have been vaccinated against Covid-19.

The poll asked 1,392 respondents what they thought about Prime Minister Prayut

Chan-o-cha’s plan to open the country to fully vaccinated foreign tourists from

November 1.

A majority of respondents, 59.86%, disapproved of the plan while 60.10% think it

was not the right time to reopen the country. The respondents also said Thailand

should only open its doors to foreigners if more than 70 per cent of the population

has been vaccinated, the outbreak is brought under control and public health

facilities are prepared to deal with new variations of the virus.

Page 9: October 18, 2021 Thai Enquirer Summary

When asked about important factors for the opening of borders,

78% of respondents said 70% of the Thai population must be vaccinated

before the opening of the borders to foreign arrivals

60% expect lockdown restrictions to be re-imposed

55% believe the health system will be overwhelmed

43% believe COVID infections will surge

31% said the health care system must be ready

65% said safety of tourist attractions and public venues must be ensured to

build confidence

29% said the opening of the borders will help the economy

74% believe more people will be employed

7% believe tourism revenue will increase

Meanwhile, the opposition Pheu Thai Party said it was not against the reopening

of the country but pushed for the government to cut down on the night time

curfew hours from 23.00-03.00 hrs from October 16.

At a press conference held yesterday on the government’s readiness to reopen

Thailand’s borders, Yutthapong Charassathien, deputy leader of the party, voiced

concern about Thailand’s infection rate which remains relatively high compared

with other countries in preparation for the reopening of the borders while

Thailand still has low vaccination rates, compared with major countries.

In the lead-up to the government’s plan to reopen the borders to vaccinated

foreign visitors on November 1, merely 35.8% of the population have received 2

shots, compared with other major countries that opened their borders to foreign

visitors. The US, 57.3%, Japan 66.5%, Germany 65.7%, France 67/2%, England

66.7%.

Page 10: October 18, 2021 Thai Enquirer Summary

Preparations for elections continue to shape up and Palang Pracharat party chief and

Deputy Prime Minister and the man famous for his ‘borrowing of millions of dollar worth

watches from his dead friends – Prawit Wongsuwon, is set to be in Kanchanaburi later

this week for ‘meeting people to listen to their problems’.

This follows the visit by many other parties including Pheu Thai party which was

in Ayuthya province over the weekend.

This comes as the parliament is set to open for the winter session starting November 1

Incumbent Prime Minister and coup leader General Prayut Chan-o-cha and Democrat

Party leader Jurin Laksanawisit won the highest favour as prime ministerial candidates,

according to a new Super Poll survey.

The poll said a majority of public, 68.2%, supported Prayut as the top prime

ministerial candidate in the next general election while 59.3% of respondents said

they preferred Jurin due to his extensive political experience and strong

performance. Khunying Sudarat Keyuraphan was ranked 3rd

with 58.6% while

Korn Chatikavanij, the Kla Party’s leader, came 4th

.

Meanwhile, Pirapan Salirathavibhaga, an adviser to the Palang Pracharath Party

(PPRP) leader, has already came out to deny media speculation that he is on the

PPRP’s list of candidate for prime minister.

Pirapan brushed aside rumours that have been circulated around that he is being

touted as one of the PPRP’s prime ministerial candidates.

On protest news, the Ratsadon group announced on its Facebook to stage a rally on

October 1 to celebrate its 1st anniversary and reiterate its call for the resignation of Prime

Minister Prayut Chan-o-cha and his government, a rewrite of the constitution in all

sections and chapters and reform of the monarchy.

Page 11: October 18, 2021 Thai Enquirer Summary

COVID-19 News

Infection data for today are as follows

Total New Infections = 10,087

Community Infection = 10,070

Page 12: October 18, 2021 Thai Enquirer Summary

Prison Infection = 41

Total positive cases (ATK/Antigen) = 1,700

Total New Death = 63

Total New Recovery = 10,612

Total Infection including ATK = 10,128

Total infections so far since outbreak = 1,793,812

Total deaths so far since outbreak = 18,336

Total in Intensive Care Unit (ICU) = 2,831

Total number on life support (ventilator) 644

The government’s data on ‘Positive testing’ numbers as a percentage of the tests it undertakes

stands at 14.68% as of October 8th

. October 8th

was the last day that this data was released.

Details of data for each day can be found @ https://ddc.moph.go.th/covid19-dashboard/ (All

information is in Thai language)

The Ministry of Public Health has finally moved to allow those who are looking to travel

abroad to be able to get the ‘Vaccination Certificate’ without having to go to the

Bamrasnaradura Infectious Disease Institute that one had to go.

The move comes as complaints have been made as the Bamrasnaradura Institute

used to tell people to line up from 02:00 hrs in the morning to be able to get one

of the 160 queues that the institute gave out each day to those seeking their

vaccine passports.

Now those seeking the vaccine passport to go abroad can ‘apply’ online (Thailand

4.0 finally has managed to arrive in this ancient institute).

Page 13: October 18, 2021 Thai Enquirer Summary

As many 8,976 people had applied from the walk-in centre from April until

October, and overall throughout the country as many as 31,000+ people were

seeking the vaccine passports.

The Center for Covid-19 Situaiton Administration (CCSA) has setu up a ‘Regional

CCSA’ to sort out the problems of the rising cases in the south of Thailand.

This body is set to start its operations today and comes as the South of Thailand is

starting to become the epicenter of the outbreak of Covid-19 in Thailand.

Today the 1st day of sale of antigen test kits are going up for sale at 40 baht a test set but

there is a catch to this.

They can only be purchased in a box of 20 and cost 800 baht

They can only be purchased in 8 places in Bangkok ONLY

1 person can only buy 1 set of this 20 test kit

Inoculation Drive

Data suggests that 52.27% of the 50 million target set by the end of 2021 have received 2

doses of vaccine in Thailand.

Page 14: October 18, 2021 Thai Enquirer Summary

Flooding News

Heavy rain continues to wreak havoc on the streets of Bangkok and other provinces of

Thailand.

A picture says a thousand words and the pictures blow are from Nakorn Pathom

yesterday.

Political News Headlines in Thai Media

Hudsawat ‘Bike’ Rattanakachen, 22, a popular government critic, is the latest student

protest leader to be hit with a flurry of legal charges for his political activism.

o Link- https://www.thaienquirer.com/33999/police-ratchet-up-surveillance-harass-

student-leader-in-ubol-ratchathani/

Pirapan Salirathavibhaga, an adviser to the Palang Pracharath Party (PPRP) leader,

denies having any political ambition to be a candidate for prime minister.

Page 15: October 18, 2021 Thai Enquirer Summary

o Link- https://www.bangkokpost.com/thailand/politics/2199339/i-dont-want-to-be-

pm-says-pirapan

Somkiat Pongpaiboon, one of the leaders of the now-defunct People's Alliance for

Democracy (PAD), is in critical condition and on life support after suffering a stroke, a

former PAD member said on Sunday.

o Link- https://www.bangkokpost.com/thailand/politics/2199247/pad-core-member-

somkiat-on-life-support-after-stroke

The Democrat Party's chance of regaining its former domination of the South in the next

general election is uncertain after only 30% of the people polled by the National Institute

of Development Administration (Nida) said they would vote for the Democrats. The

remainder said they were still undecided or would not vote for the party.

o Link- https://www.bangkokpost.com/thailand/politics/2199223/democrats-popularity-

rating-in-south-unimpressive-poll

Pita Limjaroenrat, leader of the Move Forward Party, has declared he will be the party's

candidate for the post of prime minister in the next general election.

o Link- https://www.bangkokpost.com/thailand/politics/2199191/move-forwards-pita-

announces-bid-for-prime-minister

Thailand's Foreign Ministry has urged Myanmar to allow all concerned parties in the

conflict-plagued nation to meet the Special Envoy of the Asean Chair during his visit to

the country.

o Link- https://www.bangkokpost.com/thailand/general/2198679/thai-govt-pushes-

envoy-talks

Bangkok police arrested four pro-democracy protesters on Saturday for allegedly

destroying state property.

o Link- https://www.nationthailand.com/in-focus/40007618

Economic News Headlines in Thai Media

Page 16: October 18, 2021 Thai Enquirer Summary

Only commercial banks and securities firms can be granted licences to trade foreign

exchange (FOREX) for investment, Thailand’s central bank reminded the public Friday,

warning of scams by unauthorized and potentially fraudulent operators.

o Link- https://www.thaienquirer.com//34018thai-central-bank-cautions-against-forex-

scams/

The Charoen Pokphand Group (CP Group) said in a press release that its chairman and

founder Dhanin Chearavanont holds only Thai nationality, rather than Chinese

nationality, as rumoured on social media over the past week.

o Link- https://www.thaienquirer.com//33973cp-group-says-dhanin-is-a-thai-national-

not-chinese-threatens-lawsuits/

A recent opinion poll shows 60.1% of Thai people surveyed do not agree with the

November 1st reopening of Thailand to vaccinated foreign travels without quarantine,

saying that the country is not yet ready because less than 70% of the population have

been vaccinated.

o Link- https://www.thaipbsworld.com/survey-60-of-thai-people-believe-country-not-

ready-to-reopen-to-foreign-arrivals/

Thailand’s truckers’ associations have threatened to go on strike for a week if the

government does not freeze the pump price of diesel at 30 baht/litre.

o Link- https://www.thaipbsworld.com/truckers-threaten-strike-if-diesel-prices-are-not-

pegged/

Police have charged 116 pub-goers and a manager after a raid on a famous Bangkok pub

on Saturday night.

o Link- https://www.bangkokpost.com/thailand/general/2199255/116-pub-goers-

manager-at-bangkok-pub-charged-for-alcohol-violation

The Government Pharmaceutical Organisation (GPO) on Sunday offered an explanation

as to why the Moderna Covid-19 vaccine injection service provided by a state agency

costs far less than vaccines which the GPO imported for private parties.

o Link- https://www.bangkokpost.com/thailand/general/2199299/gpo-moves-to-defuse-

jab-saga

Page 17: October 18, 2021 Thai Enquirer Summary

The Transport Ministry has decided to push ahead with megaprojects in the next fiscal

year with the aim of easing traffic congestion and improving road connectivity between

Bangkok and its surrounding provinces.

Link- https://www.bangkokpost.com/business/2199375/govt-pushes-megaprojects-to-

ease-traffic

Domestic flights have resumed operating at full capacity in line with the latest easing of

Covid-19 restrictions which took effect yesterday.

o Link- https://www.bangkokpost.com/thailand/general/2198919/easing-sees-domestic-

flights-back-at-full-capacity

The Bangkok Metropolitan Administration (BMA) is preparing to open the first section

of Klong Chong Nonsi Linear Park from Sathon Road to Soi Naradhiwas Rajanagarindra

7 on Dec 25, modelling it after the famous Cheonggyecheon stream in South Korea.

o Link- https://www.bangkokpost.com/thailand/general/2198999/s-korea-serves-as-

model-for-new-bma-park-opening-on-dec-25

Bangkok is set to reopen to fully vaccinated international visitors next month with "swab

hubs" being set up to test tourists upon their arrival in the capital.

o Link- https://www.bangkokpost.com/thailand/general/2198587/swab-hubs-for-

arriving-tourists

Digital Council of Thailand (DCT) president Suphachai Chearavanont has vowed to drive

digital culture and startups to make changes in the country, as he was reappointed to helm

the body of more than 4,000 members of the digital industry.

o Link- https://www.bangkokpost.com/business/2198727/suphachai-commits-to-

digital-focus

Opening the country from November 1 will give Thailand’s tourism industry a much-

needed boost, and positive economic growth can be expected next year if the Covid-19

situation is well-managed, the Kasikorn Research Centre said on Saturday.

o Link- https://www.nationthailand.com/in-focus/40007625

Page 18: October 18, 2021 Thai Enquirer Summary

During a visit to Trang on Saturday, Tourism and Sports Minister Phiphat

Ratchakitprakarn said the southern border province should reopen to tourists on

December 1 without any problems.

o Link- https://www.nationthailand.com/blogs/in-focus/40007624

The pros and cons of allowing foreigners to own land in Thailand were discussed at the

“Foreign Ownership of Land and Real Estate” forum held on Saturday by Thammasat

University’s law association.

o Link- https://www.nationthailand.com/blogs/business/40007623

Thailand is planning to kick off free-trade negotiations with China and India in a bid to

attract high-worth investors, the Thai Chamber of Commerce (TCC) said.

o Link- https://www.nationthailand.com/business/40007620

The Stock Exchange of Thailand (SET) Index closed at 1,638.34 on Friday, down 2.63

points or 0.16 per cent. Transactions totalled 84.75 billion baht with an index high of

1,651.41 and a low of 1,635.14.

o Link- https://www.nationthailand.com/business/40007562

Issues to be watched out for

October 2021 – Initial plans for Bangkok governor elections.

October 29, 2021 – The Bank of Thailand makes its monthly economic data available for

the month of August 2021

November 9, 2021 – The Bangkok Civil Court is scheduled to inquire a class action

lawsuit filed by 39 restauranteurs against Prime Minister General Prayut Chan-O-Cha and

his government demanding 50 million baht in compensation for damage to their

businesses caused by lockdown restrictions imposed under the Emergency Decree.

November 15, 2021 – The National Economic & Social Development Council (NESDC)

announces the GDP data of Q3 2021

Page 19: October 18, 2021 Thai Enquirer Summary

November 30, 2021 – The Bank of Thailand makes its monthly economic data available

for the month of September 2021

December 14, 2021 – The Constitutional Court is set to rule on same-sex-marriage case

that has been bumped around since 2017 in the judicial process.

December 30, 2021 – The Bank of Thailand makes its monthly economic data available

for the month of October 2021

Key Data

SET Index 1,638.34 -2.63

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/

Asian Equity Markets Movement

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

Information on October 15, 2021

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

Page 20: October 18, 2021 Thai Enquirer Summary

XD, XE or XM or other notifications

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

https://www.set.or.th/set/xcalendar.do

Trading Breakdown on the Stock Exchange of Thailand

INVESTOR TRADING DATA

Type BUY (%) SELL (%) Net

Daily as of 15-Oct-21 Local Institutions 5,121 6.0% 7,947 9.3% -2,826

Proprietary Trading 8,114 9.5% 7,988 9.4% 125

Foreign Investors 36,833 43.4% 33,433 39.4% 3,400

Local Individuals 34,682 40.9% 35,382 41.7% -699

Turnover

Month to Date Local Institutions 55,930 6.3% 63,709 7.2% -7,778

Proprietary Trading 88,988 10.1% 84,725 9.6% 4,262

Foreign Investors 367,156 41.6% 353,185 40.1% 13,970

Local Individuals 368,577 41.8% 379,032 43.0% -10,454

Turnover

Year to Date Local Institutions 1,206,076 6.9% 1,254,796 7.2% -48,720

Proprietary Trading 1,721,586 9.9% 1,704,595 9.8% 16,990

Foreign Investors 6,598,594 38.1% 6,661,329 38.4% -62,735

Local Individuals 7,782,451 44.9% 7,687,986 44.4% 94,465

Turnover

Value in Baht Million, Source: SET

Page 21: October 18, 2021 Thai Enquirer Summary

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.