Equities steady as Fed calms inflation jitters
published : 17 Jul 2021 at 04:00
Recap: The MSCI World Index held its ground yesterday despite some modest dips in Asia, while European shares opened higher. Equity investors were heartened by Federal Reserve statements that calmed worries about inflation.
The SET index moved in a range of 1,544.71 and 1,580.43 points this week before closing yesterday at 1,574.37, up 1.44% from a week ago, in daily turnover averaging 77.39 billion baht.
Institutional investors were net buyers of 1.91 billion baht and brokerages purchased 528.45 million worth of shares. Foreign investors were net sellers of 2.4 billion and retail investors offloaded 33.85 million baht worth of shares.
FTI set to meet Anutin next week on jabs for factories
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published : 16 Jul 2021 at 07:44 Supant Mongkolsuthree, chairman of the Federation of Thai Industries
The Federation of Thai Industries (FTI) is scheduled to meet Public Health Minister Anutin Charnvirakul next week about a Covid-19 vaccine rollout plan to help factory workers as the rising number of infections is causing some plants to shut down.
So far, 10% of 10 million workers in the industrial sector have received a vaccine under Section 33 of the Social Security Act, said Supant Mongkolsuthree, chairman of FTI. We are concerned infections will further affect operations, causing more factories to shut down which will eventually affect production for the export market, he said.
Minister sheds light on govt s post-Covid plans in online forum nationthailand.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationthailand.com Daily Mail and Mail on Sunday newspapers.
FTI puts lockdown price tag at roughly B60bn
published : 15 Jul 2021 at 04:00
The Federation of Thai Industries (FTI) expects the government s 14-day lockdown measures in 10 provinces to cost the economy 50-60 billion baht amid concerns over further damage if the government fails to curb the ongoing Covid-19 outbreak.
Economic recovery is possible if the government manages to keep the infection rate below 1,000 new cases a day, said the FTI.
Supant Mongkolsuthree, chairman of the FTI, yesterday urged the government to speed up Covid-19 testing for people in the 10 provinces to sort out infected people for treatment.
This is crucial to reduce daily new infection rates, which stood at 9,317 with 87 fatalities on Tuesday, according to the Centre for Covid-19 Situation Administration.