WHTW Top 10: 14/12 – 18/12

December 20, 2020

171

Baht set to rise until end of 2021: EIC says appreciation hampers recovery. The baht’s appreciation is poised to continue until year-end 2021 as a result of the weaker US dollar and Thailand’s current account surplus, with an export recovery potentially tempered by the strong local currency, says a research house. Bangkok Post
Freer visa rules to cabinet : Ministry lobbies for tourism revival. The Interior Ministry will seek cabinet approval for a proposal to extend visa exemption for foreign tourists from 56 countries from 30 to 45 days in a bid to attract more tourist arrivals to revive the economy battered by Covid-19. Bangkok Post
Central bank discounts AMC option : NPLs being managed by the industry. The idea of setting up a national asset management company (AMC) is not needed as the current scale of nonperforming loans (NPLs) can be managed with debt assistance measures on a…