January 12, 2021

Thai Enquirer Summary

Economic News

The public will have to wait and see if the cabinet’s meeting will approve additional

financial assistance measures for the public today. New relief measures to be put up for

cabinet approval will include a 4,000-baht cash handout for those in need along with the

extension of the existing measures.

Deputy Prime Minister Supattanapong Punmeechaow told reporters that the

cabinet will consider a 2nd

round of assistance measures including a cash handout

of 4,000 baht. He said after a meeting with Prime Minister Prayut Chan-o-cha

along with Deputy Prime Minister Supattanapong Punmeechaow and Finance

Minister Arkhom Termpittayapaisith at Government House yesterday.

The Finance Ministry is preparing to inject financial aid worth around 200 billion baht to

combat deteriorating economic conditions during the prolonged Covid-19 crisis.

Such financial relief will be disbursed through state-owned financial institutions

by implementing policies to enhance liquidity and take care of various groups of

debtors, said Kulaya Tantitemit, acting director-general of the Fiscal Policy

Office.

Of the 200 billion baht, 100 billion is the leftover liquidity from first-phase

government measures issued to tame adverse effects of the outbreak. Details of

the upcoming policies are scheduled to be announced after today's cabinet

meeting.

The Covid-19 pandemic has caused non-performing loans (NPLs) among small and

medium-sized enterprises (SMEs) to rise to 229 billion baht.

Federation of Thai SMEs Association (FTA) president and secretary-general

Sangchai Theerakulwanich said small, medium and micro businesses continue to

be hardest hit by the outbreak, especially in light of the 2nd

wave. He said a

recovery would unlikely to happen soon or at least 3-4 quarters.

NPLs among SMEs are now accounting for 6 per cent of total lending of 3.5

trillion baht or 229 billion baht, Sangchai said, citing Bank of Thailand (BoT)

data.

The FTA president said SMEs’ lack of access to financial sources contributed to

a liquidity crunch among SMEs. Besides, SMEs cannot easily access to the 30-

billion-baht fund of the Social Security Fund (SSF).

“Thailand has roughly 3 million SMEs, employing around 12 million

people, which accounted for 35% of the country’s GDP, which are

deemed the country’s fundamentals. Ongoing problems that happen to

SMEs such as a lack of access to loan sources should have the

government listened and paid attention to as to help alleviate the impact

of the outbreak on this SMEs,” Sangchai said.

The Covid-19 outbreak has been blamed for the country’s household debt to its highest

level in 12 years or around 480,000 baht per household.

The University of the Thai Chamber of Commerce (UTCC) found the household

debt in 2020 reached 483,950 baht per household in its latest survey due to the

higher costs of living and lack of income caused by falling unemployment. The

survey also shows that more than 70 percent of the debt is new, and is a result of

the economic crisis caused by COVID-19.

The UTCC’s latest survey of 1,229 respondents during November 18-27 found

household debt averaged 483,950 baht per household, up by 42.3 per cent from

340,053 baht during the same period of 2019. The figure in November 2019 was

up 7.4 per cent from the corresponding period of 2018. In 2009, household debts

averaged only 147,542 baht per household.

The household debt ratio is expected to rise to 89-90.9 per cent of GDP in the 1st

quarter of 2021, up from 88 per cent at the end of 2020, said UTCC president

Thanavath Phonvichai, adding that any recovery is dependent on the

government’s ability to contain the spread of Covid-19.

The Ministry of Finance plans to open new registration for those who missed out on the

last registration around the end of January to allow nearly 1 million people to register for

the half-half co-payment scheme.

Krisada Chinavicharana, permanent secretary for finance, however, said the

ministry has yet to consider a 3rd round of registration for the quota of 15 million

people with a proposal to additional 1,500 baht, from 3,500 baht per registrant.

Political News

Covid-19 cases in Thailand continue to rise in the country, with new clusters of infections

including 21 Thai gamblers who return from Myanmar; 2 Navy soldiers who visited a

beer garden in Sattahip, causing 273 other crew members to be put under quarantine.

Meanwhile, the Centre for Covid-19 Situation Administration (CCSA) voiced concern

over the discovery of 6 people who died on the same day in Bangkok after consuming

“white powdery narcotic” substance.

Thailand recorded 249 confirmed cases of Covid-19 yesterday, of these 176 cases

are locally transmitted including 2 crew members on Thai navy’s HTMS Chakri

Naruebet aircraft carrier, with 273 others being quarantined and tested for the

virus, said a navy admiral on Monday.

In Sattahip district, Chonburi province, 273 crew members on the Chakrinarubet

aircraft carrier have been quarantined, in a building in Sattahip naval base, after 2

of their fellow colleagues were found to be infected.

The 2 are among 11 of the crew who visited a beer garden in Sri Racha district.

The 9 others tested negative.

Embattled Prime Minister Gen Prayut Chan-o-cha yesterday came out to defend the

government’s move to set a larger government deficit in next year’s budget amid the

opposition’s concerns.

He said the larger deficit would not affect the country’s efforts to manage the

spread and economic fallout of the coronavirus as he put it, “the 2022 budget

deficit will not affect fiscal discipline and the country's drive to move forward

from the crisis caused by the Covid-19 pandemic,” in his televised remarks to

civil servants and the public.

The government plans a deficit of 700 billion baht, up from 609 billion baht this

year.

Military hardware procurement projects are expected to take centre stage at the upcoming

censure motion against the government.

Yutthapong Jarassathian, a Pheu Thai Party MP and deputy party leader, decried

the allocation of government spending for fiscal 2022 set at 3.1 trillion baht, down

200 billion baht from fiscal 2021. Yutthapong said in his experience of more than

20 years as an MP, he has never seen any government set lower budget spending

amid the pandemic and economic crisis. He questioned the government’s ability to

revive the economy amid lower budget spending as he is worried that the

government would fail to provide assistance measures for business sectors and the

general public amid the lack of concrete policies.

The Pheu Thai deputy leader also pushed for Prime Minister Gen Prayut Chan-o-

cha to clarify defense spending amid the outbreak, with several weapons and

military hardware procurement projects set to go ahead in the next fiscal year.

The military procurement projects listed out by Yutthapong include:

The procurement of 2 Chinese submarines at a humungous price tag of 22.5

billion baht

The construction of submarine dockyards worth 950 million baht

The army’s procurement of armoured Strykers worth 4.226 billion baht

The procurement of new tanks worth 1.672 billion baht; the procurement of

armoured vehicles worth 1.026 billion baht and the procurement of a new

luxury jet for its top generals and VIPs worth 1.35 billion baht.

The Air Force’s procurement of light attack aircraft worth 4.5 billion baht

and the air force-based space operational centre worth 1.47 billion baht.

There is some progress about the formation of a reconciliation committee to ease the

tensions. The names of 11 committee members have now revealed after Parliament

speaker Chuan Leekpai yesterday signed his approval to endorse the reconciliation

committee comprising representatives from the government, government MPs, senators

and academics.

The 11 members are:

1) Deputy Defence Minister Gen Chaicharn Changmongkol

2) Therdpong Chaiyanant, a Democrat list MP

3) Sora-at Klinprathum, a Bhumjai Thai list MP

4) Nirote Sunthornlekha, a Phalang Pracharat Party MP for Nakhon Sawan

5) Senator Chaweerat Kasetsunthorn

6) Senator Wallop Tangkhananurak

7) Nirut Thuengnak, President of Rajabhat Maha Sarakham University

8) Wanchai Watthanasap, former President of Khon Kaen University

9) Surichai Wankaew, Director of Chulalongkorn University’s Centre for Peace

and Conflict Studies

10) Somsak Rungroong, President of Southeast Bangkok College

11) Viroj Limkaisaeng, President of Rajamangala University of Technology Isan

The reconciliation committee is scheduled for the 1st meeting at 13.30 hrs on

January 18 at the parliament.

General News

The CCSA warned those who use illicit drugs as being at increased risk of infection

during the pandemic. The warning came following a case of 6 people in Bangkok who

died on the same day after consuming the white powdery narcotic sustance.

Police could not yet confirm whether the substance which looks like powdered

milk was a combination of ketamine and sleeping pills.

The national police chief has pledged to crack down on a "new" type of drug better

known as "powdered milk ketamine", following a case in which six people in Bangkok

died on the same day after consuming it.

National police chief Pol Gen Suwat Jangyodsuk said police could not yet

confirm whether the substance, which looks like powdered milk, was a

combination of ketamine and sleeping pills as speculated, as the results of the

autopsies had not yet been released.

Pol Gen Suwat said he had instructed the Metropolitan Police Bureau (MPB) and

the Narcotics Suppression Bureau (NSB) to urgently investigate where the

substance came from and how it was distributed. An incident, like this, in which

so many people died after taking the same drug on the same day has never

occurred before. Five of the six people died in an area under the jurisdiction of

Wat Phraya Krai police station in Bangkok.

Thailand logged 249 new COVID-19 cases, raising the total to 10,547, 8,381 of which

were contracted domestically, including 2,839 from proactive testing, and 2,141 were

returnees. So far, 6,566 have recovered and been discharged, 3,914 patients are being

treated in hospitals, while 67 have died, according to the Centre for Covid-19 Situation

Administration (CCSA).

The 249 new cases over the past 24 hours consisted of 176 detected through

surveillance and service systems, 48 confirmed through active case finding, 14

arrivals who dodged quarantine and 11 quarantined during arrivals.

The cases included 14 people who had returned from Myanmar illegally (13 Thais

and one Myanmar national). Some of them had travelled to the neighbouring

country for gambling and other purposes.

Of the 11 people testing positive in quarantine facilities, 2 Thais had flown back

from the United Kingdom, 2 Thais from Switzerland, 1 each from Turkey,

Bahrain and Denmark, as well as a Dutch man from Hungary, a British man from

the United Arab Emirates, a Somalian man from Malaysia and an American man

from his country.

Of the cases, 147 were exposed to the virus while visiting high-risk places.

Provinces with 2-digit cases include Samut Sakhon (37), Nonthaburi (31), Ang

Thong (19), and Bangkok (36).

Proactive testing led to 48 positive cases being found -- 43 in Samut Sakhon (two

Thais and 41 migrant workers), 4 migrant workers in Nonthaburi, and 1 Thai in

Bangkok,

In addition, the source of infection of 29 cases is still being sought, most of them

found in Rayong (11) and Chonburi (12).

21 Thais who returned from Myanmar yesterday are confirmed Covid-19 cases, sparking

concerns about the capacity of local authorities in handling a spike in cases, according to

local officials.

The group is the third batch of Thai people who were escorted across the border

from Myanmar's Myawaddy by soldiers and health officials.

The officials, who wore protective gear, took them straight to Mae Sot Hospital.

The group, who reportedly worked at a casino in the border town, had taken

Covid-19 tests and the results came back positive.

It was believed that more than 200 Thai nationals were stranded in Myawaddy

following the novel coronavirus outbreak. In the first batch of 40 returnees who

arrived last Thursday, 17 tested positive. The second batch of 14 returnees all

tested positive. The latest arrival at Mae Sot Hospital which is treating 43 Covid-

19 patients has sparked serious concerns among local officials. Field hospitals

were being planned to receive the influx of Thais from Myawaddy.

The Ministry of Public Health is hinting that it may allow local administrative bodies to

purchase and launch their own Covid-19 vaccination drives after the mayor of

Nonthaburi city expressed his office's readiness to fork out 260 million baht to purchase

vaccines for his constituents.

Nakhon Nonthaburi mayor, Somnuek Thanadechakul, said his office has enough

funds to buy 400,000 vaccines to cover 200,000 of its residents. The plan is

intended to ease the central government's burden and speed up the distribution of

the vaccines.

The mayor added that instead of dealing directly with the vaccine's suppliers, his

office plans to purchase the vaccines which the government had already ordered.

According to Mr Somnuek, 20 other local administrative bodies are also

considering whether to buy vaccines for their constituents.

Sonthiyan Chuenruthainaitham, who launched “TOP TV” Channel this month, has put up

an online advertisement for more than 70 vacancies for the channel after reports that a

group of well-known journalists from the Nation TV had flocked to join his news

channel.

On Top News Facebook page, 74 vacant positions have been advertised to work

for the new channel. Interestingly, the channel stressed that it is looking for those

who uphold the Nation-Religion-Monarchy state ideology and dare to present

truth in accordance to media ethics.

Political News Headlines in Thai Media

Tests for the Covid-19 virus will remain free for anyone in Thailand who needs them, the

public health minister said on Monday, in a bid for more people to come forward for

screening.

o Link- https://www.thaienquirer.com/22720/covid-tests-to-stay-free-official-assures-

public/

Media Story: Strong institutions stopped the US from going down the Thai path

o Link- https://www.thaienquirer.com/22722/media-story-strong-institutions-stopped-

the-us-from-going-down-the-thai-path/

Thailand’s government said on Monday that it had found 249 new coronavirus cases in

the past 24 hours.

o Link- https://www.thaienquirer.com/22713/thailand-finds-249-coronavirus-cases-in-

the-past-24-hours/

As 2020 neared its close, China’s state media began propagating new slogans in its

review of the year.

o Link- https://www.thaienquirer.com/22688/china-can-win-global-hearts-and-minds-

with-an-effective-vaccine-and-an-awol-us-government/

Outspoken Thai parliamentarian Pareena Kraikupt came under fire Friday from a parents’

association after she called a celebrity “autistic” for criticizing the prime minister.

o Link- https://www.thaienquirer.com/22630/mp-pareena-criticized-for-using-autistic-

as-an-insult-in-social-media-spat/

The National Communicable Diseases Committee (NCDC) on Monday formed a sub-

committee and tasked it with overseeing the rollout of the government's free Covid-19

vaccinations.

o Link- https://www.bangkokpost.com/thailand/general/2049339/govt-forms-

committee-for-vaccine-rollout

The law enforcement is in the process of stripping pro-government MP Parina Kraikupt

of her legal immunity so she can face charges on public land encroachment, lawmakers

briefed on the matter said Monday.

o Link- https://www.khaosodenglish.com/politics/2021/01/11/police-seek-to-strip-

parina-of-immunity-charge-her-for-land-encroachment/

A transparency activist on Monday demanded an investigation into whether the

government is favoring large conglomerates in its bid to vaccine Thailand’s population

against the coronavirus.

o Link- https://www.khaosodenglish.com/politics/2021/01/11/gadfly-raises-concern-

over-cps-hand-in-coronavirus-vaccine-deal/

Economic News Headlines in Thai Media

Experts are warning, this week, that high household debt could sink the economy with

Covid-19 fallout exacerbating a longstanding issue in the country.

o Link- https://www.thaienquirer.com/22754/high-household-debt-made-worse-by-the-

pandemic-could-sink-the-economy-experts-warn/

Thailand’s tourism sector is asking the government for more soft loans, a repayment

holiday on other credit, and a relief fund, to help stay afloat as business is devastated by

the Covid-19 pandemic, a minister said Monday.

o Link- https://www.thaienquirer.com/22743/government-to-announce-more-

economic-measures-to-fight-pandemic-impact/

The electronic-component sector on the Stock Exchange of Thailand (SET) sparked on

Monday as a drop in the baht prompted speculation on exports. The ETRON index

jumped 702.86 points or 7.79 per cent to 9525.51 points by the end of morning trading.

o Link- https://www.thaienquirer.com/22735/thai-stocks-in-electronic-components-

jump-as-weaker-baht-favours-exports/

Offering an estimate of 80% of inbound travel companies closing, the Association of

Thai Travel Agents (Atta) encourages the government to allow vaccinated visitors to visit

the country without quarantine in the third quarter to boost demand.

o Link- https://www.bangkokpost.com/business/2049291/atta-seeks-vaccinated-arrivals

The Brexit agreement that Britain has reached with its European Union (EU) partners

will not only benefit the United Kingdom, but also Thailand, said Pimchanok Vonkorpon,

director-general of the Commerce Ministry’s Trade Policy and Strategy Office (TPSO).

o Link-

https://www.nationthailand.com/business/30401057?utm_source=category&utm_me

dium=internal_referral

The Stock Exchange of Thailand (SET) Index closed at 1,536.49 on Monday, up 0.05

points (0 per cent). Total transactions amounted to Bt93.80 billion with an index high of

1,550.75 and a low of 1,527.75.

o Link-

https://www.nationthailand.com/business/30401058?utm_source=category&utm_me

dium=internal_referral

Shares in Bangkok Commercial Asset Management (BAM) opened over 2 per cent down

on Monday after the Legal Execution Department suspended January’s auction of non-

performing loans in response to the Covid-19 outbreak.

o Link-

https://www.nationthailand.com/business/30401046?utm_source=category&utm_me

dium=internal_referral

Charn Issara Group is calling on the government to co-pay salaries of people in the

tourism business, especially in hotels, for at least a year to mitigate the impact of the

Covid-19 outbreak.

o Link-

https://www.nationthailand.com/business/30401065?utm_source=category&utm_me

dium=internal_referral

Prime Minister Prayut Chan-o-cha on Monday said that the larger government deficit in

next year's budget would not affect the country's efforts to manage the spread and

economic fallout of the coronavirus.

o Link- https://www.bangkokpost.com/business/2049107/prayut-says-larger-2022-

budget-deficit-wont-impact-covid-response

Employers and employees are allowed to defer or stop financial contributions to company

provident funds for another six months, a senior Finance Ministry official said on

Monday.

o Link- https://www.bangkokpost.com/business/2049059/provident-fund-contribution-

deferrals-extended

The Tourism Minister said on Monday he had proposed a plan to allow foreigners to

quarantine in some of the country's many golf resorts to boost the ailing tourism sector

during the coronavirus pandemic.

o Link- https://www.bangkokpost.com/thailand/general/2049099/minister-proposes-

golf-quarantine-to-boost-tourism

Krungsri (Bank of Ayudhya) has announced the appointment of Sayam Prasitsirigul as

chief information and digital officer, to replace Voranuch Dejakaisaya, who has retired.

o Link-

https://www.nationthailand.com/news/30401063?utm_source=category&utm_mediu

m=internal_referral

The new wave of Covid-19 infections has pushed up the price of face masks, with boxes

of 50 pieces being sold for Bt150 apiece – far higher than the regulated price of Bt125

per box of 50 pieces.

o Link-

https://www.nationthailand.com/news/30401059?utm_source=category&utm_mediu

m=internal_referral

National Telecom will provide free mobile data to users of the “MorChana” (Doctors

Win) app, Digital Economy and Society Minister Buddhipongse Punnakanta said on

Monday.

o Link-

https://www.nationthailand.com/news/30401055?utm_source=category&utm_mediu

m=internal_referral

To contain the spread of Covid-19, Krungthai Bank has adjusted the closing time of its

branches nationwide to 6pm from Monday until further notice.

o Link-

https://www.nationthailand.com/news/30401042?utm_source=category&utm_mediu

m=internal_referral

Bangchak plans to take its Inthanin coffee shops to foreign countries, aiming to expand in

Laos and targeting 1,200 shops in five years.

o Link-

https://www.nationthailand.com/news/30401038?utm_source=category&utm_mediu

m=internal_referral

A 20-kilometre section of the new intercity motorway project linking Ayutthaya’s Bang

Pa-in district and Nakhon Ratchasima will be open to motorists from Saturday, according

to the Highways Departments.

o Link- https://www.bangkokpost.com/thailand/general/2049147/limited-opening-for-

new-motorway-to-korat

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 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.

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 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.

Key Data

SET Index 1,536.49 +0.05

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 January 11, 2020

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

AJ 3,000,000 18.4 Purchase

AJ 3,000,000 18.4 Sale

AU 8,000,000 10 Sale

APP 10,000 2.76 Sale

AS 50,000 7.5 Sale

AS 10,000 7.45 Sale

AS 20,000 7.88 Sale

CCET 1,000,000 2.2 Purchase

CCET 1,000,000 2.18 Purchase

CCET 400,000 2.4 Sale

COMAN 15,000 2.36 Sale

EKH 18,500 5.45 Sale

HTC 2,800 31.5 Purchase

HTC 20,000 32.5 Purchase

HANA 20,000 49 Sale

HANA 20,000 52 Sale

HYDRO 15,150,000 0.14 Purchase

KIAT 1,000,000 0.57 Purchase

META 2,500,000 0.4 Sale

RJH 100,000 27.2 Sale

RJH 40,000 27.38 Sale

RT 192,000 1.92 Sale

RT 100,000 1.91 Sale

RT 30,000 1.92 Purchase

RT 170,000 1.92 Sale

SGP 1,000,000 10.7 Sale

SGP 1,000,000 10.7 Purchase

SPG 817,400 16 Purchase

SPG 2,200,000 16 Purchase

III 869,000 1.93 Sale

III 200,000 1.93 Sale

III 851,095 1.99 Sale

III 1,025,000 1.99 Sale

UBIS 2,300 5.5 Sale

UBIS 9,800 5.5 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 11 Jan 2021

Unit:

M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 6,748.45 7.19 8,645.65 9.22 -1,897.20 -

Proprietary

Trading

9,865.03 10.52 10,183.39 10.86 -318.36 -

Foreign Investors 33,172.56 35.36 33,683.16 35.91 -510.6 -

Local Individuals 44,020.38 46.93 41,294.21 44.02 2,726.16 -

Monthly Cumulative between 1 - 11 Jan 2021

Unit:

M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 63,212.05 9.2 58,755.06 8.55 4,456.99 -

Proprietary

Trading

74,334.44 10.82 73,177.38 10.65 1,157.06 -

Foreign Investors 230,079.69 33.49 225,323.02 32.8 4,756.67 -

Local Individuals 319,422.57 46.49 329,793.29 48 -10,370.72 -

Yearly Cumulative since 1 Jan - 11 Jan 2021

Unit:

M.Baht

Investor Type Buy Sell Net

Value % Value % Value %

Local Institutions 63,212.05 9.2 58,755.06 8.55 4,456.99 -

Proprietary

Trading

74,334.44 10.82 73,177.38 10.65 1,157.06 -

Foreign Investors 230,079.69 33.49 225,323.02 32.8 4,756.67 -

Local Individuals 319,422.57 46.49 329,793.29 48 -10,370.72 -

Total Trading Value 93,806.41 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

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

situation.