September 11, 2020

Thai Enquirer Summary

Political News

’s management yesterday (September 10) issued a statement that says it will not allow the “United Front of Thammasat and Demonstration” Group to use its Tha Prachan campus for a rally against the government on September 19.

 The announcement came a day after the group announced the details of the planned anti-government rally.

 The university said the protest leaders’ request to use the campus for their rally is not considered an activity to “promote learning about rights, liberty, and responsibility under the boundary of the Constitution”.

 After the university issued the statement, student leader Parit “Penguin” Chiwarak said plans for the rally remained unchanged. He is quoted as saying on Facebook page, “The rally will proceed as planned at Thammasat University because Thammasat belongs to the people, not the property of a few dictators”.

 The decision by Thammasat University has prompted reaction from many alumni who are in very senior positions saying both that it was a good and bad move.

 Among those who came out to warn that the move by Thammasat University is wrong is Paisal Puechmongkol, who is an alumni of the university and also former adviser to Deputy Prime Minister Prawit Wongsuwon. He came out to say that the banning of the students will only add fuel to the fire and more will likely join the movement now.

 Manit Somsaikit a very senior journalist at Thai Rath and also a former alumni said that the university had done a good job in banning the students from holding their rally there.

 Trairong Suwankiri, a former Minister under Democrat party and also an alumni, came out to give his advice citing the incidents of October 1976 protest and how the pitfalls of the bloody 1976 could be avoided.

 Manit Suksomjit, a member of Thammasat University's council, said a group of alumni led by law academic Kaewsan Athibodhi would meet today at the Tha Phra Chan campus to discuss why the September 19 rally, whether it should or should not be allowed, and propose their suggestions to the university administration.

 Meanwhile National Police Chief Chakthip Chaijinda said that prime minister has asked security forces to avoid the use of any force on protesters.

 In a related development, the opposition Pheu Thai Party came out to claim that protest leader with the initial “Por” ask for funding.

Weekend edition’s website said it received a report from Pheu Thai that the protest leader with the initial “Por” had contacted some key members and MPs to ask for funding to finance the planned major rally on September 19 against the government.

 However, the protest leader in question tried to contact MPs and key members through all channels like private phone numbers, Facebook’s inbox and Twitter. However, his request for funding was rejected as the party did not want to provide a financial source to a protest group that was accused of offending the country’s highest institution, says a source who is Pheu Thai key member.

 Prior to a “Thammasat will not Tolerate” rally which accompanied by its 10-point manifesto, at Thammasat University’s Rangsit Campus on August 10, 2020, several protest leaders including the protest leader with the initial “Por” had posted a message looking for sponsors for anti-government rallies. However, the

attempts failed due to some technical problems regarding their bank account numbers. It is also reported that several protest leaders who were arrested on sedition charges among other charges asked for donations from the public with their personal bank account numbers to help fight legal cases.

 In regards to student protesters who attended a demonstration organised by the “Bad Students” at the Education Ministry, Education Minister Nataphol Teepsuwan came out to say that he suspected that students cannot fund such a protest activity.

 Natapol said he spoke from his experience as a former co-leader of the People’s Democratic Reform Committee (PDRC).

 Nataphol made this comment during the general debate in the House yesterday (Septemebr 10). He said he believed that the student rally was organised by “professionals”, citing that he spotted a port-a-loo servicing truck arriving at the protest scene.

 Nataphol’s comment triggered heated debates on social media.

 Progressive Movement leader Piyabutr Saengkanokkul came out to deny allegations that he is a key figure behind the major rally planned on September 19 by the “United Front of Thammasat and Demonstration”. The Progressive Movement leader, however, confirmed that he would join the planned rally but will not go on the stage to give any speeches.

 Piyabutr went on to say that the protestors are supporters of now-defunct and other democracy fighting parties.

 Piyabutr said the military’s persistent intervention in politics since September 19, 2006 and the pro-military charter are the crux of the problem that led to student demonstrations today.

 The Royal Thai Police is now back peddling on the planned prosecution of the 17-year old high-school student for holding a 1-hour protest in Ratchaburi province on September 1, 2020.

 The prosecution of 5 underaged students for protesting is catching fire and is gaining social booing

 The police is back peddling but it seems like the gunshot has already been fired and rescinding could be very difficult

 The prosecution, could further help add fuel to the fire, and push the students out on the streents.

 On the charter amendment issue, 170 MPs from the opposition bloc submitted 4 motions seeking amendments:

 To Section 272 to exclude senators from process of electing the Prime Minister and Section 159 of the constitution to enable MPs to elect the Prime Minister from the list of nominees proposed by parties and from among MPs.

 To Sections 270 and 271 of the constitution to revoke the powers of the Senate regarding national reforms.

 To Section 279, which legitimizes all the orders issued and actions taken by the National Council for Peace and Order (NCPO).

 To other sections regarding the election system of MPs.

 Among opposition party leaders who support Pheu Thai’s motions is Kao Klai Party leader Pita Limjaroenrat who led 170 MPs along with Pheu Thai Party leader Sompong Amornvivat to submit the motions to House Speaker .

 In a related development on the charter amendment issue, a special House committee to study charter amendments revealed its study results which support the opposition bloc’s amendment motions.

 The House committee on charter amendments chaired by Pirapan Salirathavibhaga submitted its study results to the House which made a number of suggestions that support the opposition’s motions:

 An amendment to Section 256 to clear the way for a charter drafting body to be formed as the first step.

 Revisions to national reform or national strategic plans every 1-2 years to keep abreast of changing social and economic trends.

 Changing the election system back to a 2-ballot system which allowed constituency MPs also to stand on the party list under the 400 to 100 formula.

 The panel also supports the opposition’s proposal to re-adopt the 1997 constitution, Pirapan said. In addition, the panel supports the opposition’s motion to curb the powers of the Senate.

 Deputy Prime Minister Wissanu Krea-ngam, the government’s expert on legal affairs, has come out to provide a tentative time frame for the charter rewriting process, saying that

the process of amending the constitution and making laws organic in the new charter is expected to be complete by July 2022.

 Wissanu explained that the version of the charter amendment bill from the main opposition Pheu Thai Party seeks to establish a charter drafting assembly (CDA) and have a new constitution rewritten by it within 4 months while the version of the charter amendment bill from government coalition parties will required 240 days for drawing up a new charter.

 The charter amendment process may take a long time because even if both bills are endorsed by both houses of parliament they will have to wait until a separate bill on a referendum on the charter rewrite is enacted before they are put to the vote, Wissanu explained.

 Following Wan Muhammad Nor Matha’s resignation as a list MP of the Prachachat Party, taking effect from today (September 11), Pol Col Thawee Sodsong, the party’s secretary-general, is the next on the list to move up to replace Wan, Sukarno Matha, Prachachat MP for Yala, announced at a press briefing.

Economic News

 The Bank of (BoT) insisted to keep loan-to-value (LTV) ratio regulations for mortgage loans unchanged amid mounting complaints from the real estate industry.

 Nawaron Dejsuvan, the BoT’s assistant governor of the financial institutions policy group, insisted that the BoT’s current LTV regulations is needed and suitable for current market conditions. She said the Central Bank had already relaxed some LTV conditions twice.

 After assessing the market situation closely, the Central Bank’ findings showed that the LTV rules were not obstacle to those homebuyers with real demand from

gaining access to housing loans, Nawaron said, insisting that the current LTV guidance can curb future risks from accumulating in the property sector.

 Pornnarit Chuanchaisit, president of the Thai Real Estate Association, warned that more than 2,000 workers in property firms would likely be laid off in the fourth quarter of this year if the Central Bank keeps the current LTV regulations unchanged, citing that the LTV ratio regulation has dampened sales of property firms, causing them to downsize their organisations.

 Srettha Thavisin, president of Sansiri Plc, wrote in his tweet@Thavisin that those who said the real estate market can still keep going are definitely not telling the truth. Today, Sansiri sees a new high in transfers not because the property market stays buoyant. It is because the company’s own promotional campaign to speed up sales and transfers driven by its desire for cash to tackle the worst case scenario.

 Srettha said the domestic economic crisis is taking a toll on the property market. He called for the government to hurry release measures to solve economic woes. The property market has been hit hard by the weak economy.

 Sansiri can keep going because it has cash flow of 12 billion baht in hand, Srettha said, adding that he did not want to see other players go out of business because there will be significant ramifications on the whole industry.

 The Tourism Authority of Thailand (TAT) is mulling a new tourism stimulus package called a “work-cation package” which proposes to provide tax incentives to the private sector that will join the campaign.

 TAT executive director of Product Promotion Department Thapanee Kiatpaiboon said the TAT plans to promote the concept of work-cation, a vacation alongside work, among private companies to allow employees to travel in the country or go on a seminar without being considered as them taking leave.

 The TAT expects to conclude the idea in September this year before submitting the proposal to the government for consideration. The idea is in response to the government’s plan to add an additional holiday to promote domestic tourism.

 Sellers of liquor and other alcohol beverages submitted a petition to parliament against a ban on the online sale of alcohol, saying it hurts small businesses.

 The move came after the ban was made official in the Government Gazette this week following a spike in online orders amid COVID-19 lockdown restrictions and fears of underage drinking.

 Supapong Pruenglampoo, a representative from a craft beer network, asked the government not to use the youth to ban online alcohol sales. He said the ban order does not protect the youth but it is a way to stop small sellers and benefit convenience stores, destroying online businesses.

 SRT Electrified Train Co Ltd (SRTET), operator of the Airport Rail Link, the operator of the airport rail link service, plans to seek the SRT board’s approval to cut fares by about 44 per cent, during off-peak hours, from October until end of December, to ease the burden on commuters.

 The proposal is to cut fares from between 15 baht-45baht to 15baht-25 baht for Smart Pass holders (adults) during the off-peak hours of 5.30am to 7am, 10am to 5pm and 8pm to midnight on weekdays.

 The SRTET predicted that the number of commuters for the whole of 2020 will have fallen by about 40 per cent, from 35 to 24 million. The COVID-19 pandemic has seriously hampered train operations. The number of daily commuters fell from an average of 90,000-100,000 to just 10,000 per day, but the number has recovered to about 57,000 since the government eased lockdown restrictions, Managing Director Suthep Panpeng said.

 Suthep attributed the sharp drop in journeys to the disappearance of foreign tourists as a result of the government’s policy to close the country to foreign tourist arrivals.

 Operations of the airport rail link service will be transferred to the High-Speed Train Company next year, which was awarded the contract to build and operate the high-speed train project linking Suvarnabhumi, Don Mueang and U-tapao international airports.

 Supachai Panitchpakdi who is former  Deputy Prime Minister under Chuan Leekpai government  Director-general of the World Trade Organization  Secretary-general of the UN Conference on Trade and Development

came out to deny that he was offered the position of Finance Minister by embattled Prime Minister Prayut Chan-o-cha, but Supachai offered his views on the current global and domestic situation, as seen during the Covid-19 pandemic.

 Supachai said he believed that things will pick up early next year and downplayed grim predictions by the government’s critics as he put it:

 “For what has been predicted to be bad, I don’t think that will be the case”.

“In Asean, I think Thailand is better than elsewhere because everyone is attaching importance to all sectors. Therefore, we have to reopen the country gradually and we have to be patient. The economy still cannot be stimulated because the world is still in a crisis. As a result, economic stimulus cannot go full steam ahead”.

 The former WTO chief warned the government about money spent on the government’s stimulus projects which are currently getting underway to help these projects achieve their objectives.

------

General News

 The Centre for Covid-19 Situation Administration (CCSA) reported 7 new COVID-19 cases in state quarantine over a 24-hour period. All new cases are Thai returnees.

 Four men and one woman returned from Saudi Arabia on September 5 and then tested positive for the virus on September 8. And a mother with her 2-year-old boy, who came home from India on September 6, also tested positive on September 8.

 The number of confirmed cases in Thailand stands at 3,454 (516 in state quarantine). Of these, 86 are in hospital, 3,310 have recovered and been discharged, with 58 fatalities.

Political News Headlines in Thai Media

 History is punctuated by capable leaders and rulers who stood by their people in times of crisis. Here are some examples of some world leaders who stayed with their people through thick and thin.

o Link- https://www.thaienquirer.com/18112/leaders-that-stood-by-their-people-in- times-of-crisis-and-war/

 The pro-democracy rally scheduled for September 19 will not be allowed to take place on its campus in Tha Pra Chan, Thammasat University said in a statement on Thursday.

o Link- https://www.thaienquirer.com/18144/thammasat-university-denies-students- september-19-rally/

 A house subcommittee to study constitutional amendments agreed on various changes to the electoral process and said that appointed senators should no longer have the power to vote for the prime minister, the parliament heard on Thursday.

o Link- https://www.thaienquirer.com/18138/parliamentary-subcommittee-on- constitutional-reform-says-senate-should-not-have-a-role-in-selecting-pm/

 Desperation and repression through the last six years of military rule has brought out the young Thai generation to the streets, the largest student protest movement since the 1970s to call for better governance and democracy.

o Link- https://www.thaienquirer.com/18098/opinion-eighteen-is-not-too-young-or-too- unorthodox-to-become-an-mp/

 Activists said Thursday a 17-year-old high school student was to be questioned by the police for her role in a recent pro-democracy protest in Ratchaburi province.

o Link- https://www.khaosodenglish.com/politics/2020/09/10/17-yr-old-girl- summoned-over-ratchaburi-anti-govt-protest/

 Piyabutr Saengkanokkul, a former Future Forward Party member, has announced he will join a big anti-government protest in on September 19.

o Link- https://www.nationthailand.com/news/30394318?utm_source=category&utm_mediu m=internal_referral

 Some MPs from the Democrat and other parties have taken a step back on the motion to change Section 272 of the Constitution, leaving less than 98 who are still calling for the change, which was led by the and some Democrat MPs.

o Link- https://www.nationthailand.com/news/30394309?utm_source=category&utm_mediu m=internal_referral

 The government did not seek Parliament approval to procure the first submarine from China because at the stage of drafting an agreement, the Foreign Ministry determined the pact came under enforcement of Thai law, not an international legal treaty nor a contract under Section 23 of the Interim Constitution of the Kingdom of Thailand 2014, said Deputy Defence Minister General Chaichan Changmongkol.

o Link- https://www.nationthailand.com/news/30394282?utm_source=category&utm_mediu m=internal_referral

 Allegations in the Thai media that the United States is supporting anti-government protesters were firmly rejected by the US Embassy in Bangkok on Thursday.

o Link- https://www.nationthailand.com/news/30394324?utm_source=category&utm_mediu m=internal_referral

 The Department of Special Investigation (DSI) is looking at whether to pursue reckless driving causing death and cocaine abuse charges against Red Bull scion Vorayuth "Boss" Yoovidhya in the 2012 fatal hit-and-run case.

o Link- https://www.bangkokpost.com/thailand/general/1983307/dsi-mulls-whether-to- go-after-boss

 The Public Health Ministry is planning to spend 1.9 billion baht to install a safeguard system at state-run hospitals nationwide in response to a ransomware attack at Saraburi Hospital.

o Link- https://www.bangkokpost.com/thailand/general/1983403/b1-9bn-to-help-battle- cyber-breaches

Economic News Headlines in Thai Media

 The Bank of Thailand (BOT) said on Thursday that it will still allow gold trading in baht, not only for foreign currency.

o Link- https://www.thaienquirer.com/18135/bot-ensures-gold-trading-in-baht-still- allowed-and-informs-market-to-prepare-for-reference-rate-transition/

 Environmental change, lack of access to food and water, increased exposure to natural disasters and civil unrest could displace tens of millions of Thais by 2050, according to the launch of the Ecological Threat Register (ETR) this week.

o Link- https://www.thaienquirer.com/18126/millions-of-thais-will-be-displaced-due- to-flooding-sea-level-rise-by-2050-report-finds/

 The Bank of Thailand plans to issue new bonds based on the Thai Overnight Repurchase Rate (THOR) next year, aiming to encourage the use of the new reference rate after the upcoming phase-out of the London Interbank Offered Rate (LIBOR).

o Link- https://www.bangkokpost.com/business/1983387/bot-issuing-thor-bonds-next- year

 About 56,000 people eligible for the government’s Bt5,000 relief payments have still not applied ahead of the scheme’s expiry on September 30, according to the Finance Ministry.

o Link- https://www.nationthailand.com/news/30394337?utm_source=category&utm_mediu m=internal_referral

 The state planning unit looks set to host public hearings and begin new feasibility studies of the so-called Thai Canal or 9A canal route and a double-track railway linking Chumphon and Ranong.

o Link- https://www.bangkokpost.com/business/1983399/nesdc-to-reboot-thai-canal- plan

 The prospects for natural rubber prices are rising, boosted by a sharp uptick in demand for protective rubber gloves because of the pandemic and limited supply in the world market.

o Link- https://www.bangkokpost.com/business/1983651/bright-outlook-for-natural- rubber-prices

 The revised loan-to-value (LTV) regulations will remain in place to curb risks accumulating in the property sector, says the Bank of Thailand.

o Link- https://www.bangkokpost.com/business/1983335/central-bank-says-revised-ltv- rules-will-stay-put

 SET-listed developer Sansiri expects to either improve its profit or reduce home prices by 5% after applying construction technology.

o Link- https://www.bangkokpost.com/business/1983343/sansiri-uses-big-data-to-save

 The government should reopen to international tourists as soon as possible with a shorter quarantine period to avoid an economic disaster, says the founder of Minor International (MINT).

o Link- https://www.bangkokpost.com/business/1983355/mint-head-urges-revival

 Thailand's telecom market value is expected to fall 2.3% to 605 billion baht this year, pressured by the pandemic and the economic slowdown, says the National Broadcasting and Telecommunications Commission (NBTC).

o Link- https://www.bangkokpost.com/business/1983379/nbtc-telecom-market-value- to-fall-2-3-

 Two giant foreign IT firms have expressed interest in spending 30-40 billion baht each in investment in the Digital Park Thailand, a 700-rai area in Chon Buri meant to serve as a regional hub for digital innovation, says Buddhipongse Punnakanta, digital economy and society (DES) minister.

o Link- https://www.bangkokpost.com/business/1983383/foreign-it-firms-eyeing-eec- investment

 Thailand's cross-border trade fell 8.5% year-on-year in the first seven months, largely due to the closure of border checkpoints to prevent the spread of the coronavirus and the slowing economies of neighbouring countries.

o Link- https://www.bangkokpost.com/business/1983407/cross-border-commerce- drops-8-5-

 State-run Electricity Generating Authority of Thailand (Egat) is further strengthening coffee brand Khun Sai Chol with the expectation of benefiting the local economy.

o Link- https://www.bangkokpost.com/business/1983451/egat-continues-to-build- coffee-shops-for-locals

 NR Instant Produce (NRF), a manufacturer and exporter of food and condiments, says it is ready to issue no more than 340 ordinary shares in an initial public offering (IPO) to raise capital.

o Link- https://www.bangkokpost.com/business/1983443/instant-manufacturer-nrf- preps-ipo

 The National Strategy Plan has been redrafted with urgent changes to drive economic recovery after the Covid-19 crisis, the planning agency said on Thursday.

o Link- https://www.nationthailand.com/business/30394335?utm_source=category&utm_me dium=internal_referral

 WEH’s Shareholders Oust “Nop Narongdej”, Appointing “Pradej” as Director

o Link- https://www.kaohoon.com/content/387802

Issues to be watched out for

 September, 2020 - The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is planning to hire a consultancy to conduct an in-depth analysis on pros and cons of the highly controversial Comprehensive and Progressive Agreement for Trans- Pacific Partnership (CPTPP) in a bid to renew its call for the government to join the pact next year.  September 2020 – Recruitment of new board members of the National Broadcasting and Telecommunication Commission (NBTC) is set to kick off.  September 16-18, 2020 – The 3.3-trillion-baht budget for Fiscal Year 2021 proposed by the government is expected to be tabled in parliament.

 September 19, 2020 – Thammasat University plans to hold their major rally.

 September 19, 2020 – The 14th anniversary of the coup that ousted in 2006.

 September 21, 2020 – The National Economic and Social Development Council (NESDC, formerly known as the National Economic and Social Development Board or NESDB) is to revise the 20-year national strategy at an annual meeting to respond to the COVID-19 crisis.  September 23 and 24, 2020 – Members of parliament will meet to consider a motion seeking to amend the constitution at its first reading.

 September 25, 2020 – The current parliamentary session is set to end.

 September 30, 2020 – The Stock Exchange of Thailand (SET) is set to extend the revised equity short-selling regulations from June 30 to September 30 as stock market volatility remains high in the wake of the Covid-19 pandemic.  September 30, 2020 – The government is expected to lift lockdown restrictions imposed under the emergency decree.  October, 2020 – The bidding for construction and operation for the 140-billion-baht Orange Line western extension linking the Thailand Cultural Centre with Bang Khun Non.

 October, 2020 – The Thailand Grand Prix was rescheduled after being postponed due to the coronavirus outbreak.

 October 27, 2020 – The Central Bankruptcy Court is set for first hearings for Nok Airlines regarding the rehabilitation process.

 November 1, 2020 – The next parliamentary session will begin.

Key Data

SET Index 1,290.89 -2.51

 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 September 10, 2020

Buying, Selling or Transfer of shares by Owners/Management

Stock Code Volume Value Action

ALL 1,550,000 3.09 Purchase ABM 4,867,524 0.81 Purchase ABM 4,867,524 0.81 Sale AS 60,000 4.06 Sale BM 3,000 2.14 Purchase CCET 9,000 6.63 Sale CMC 10,000 0.73 Purchase ECL 5,000,000 0.09 Sale EA 100,000 41.5 Sale HANA 20,000 42.5 Sale HREIT 10,000 7.95 Purchase ICC 340 30 Purchase ILM 100,000 11.7 Purchase ILM 80,000 11.8 Purchase LPH 6,700 4.41 Purchase LPH 30,000 4.46 Purchase MJD 478,800 1.46 Sale KOOL 900,000 0.89 Sale KOOL 1,200,000 0.93 Sale KOOL 600,000 0.92 Sale KOOL 300,000 1.03 Sale MBAX 61,300 6.64 Sale MBAX 450,000 6.64 Sale MINT 7,441,600 0.67 Sale OSP 1,800,000 38.46 Purchase PSH 890,014 11.36 Purchase

PSH 347,700 11.3 Purchase PSH 506,900 11.35 Purchase PSH 100,000 11.4 Sale RJH 40,000 22.4 Sale SPVI 100,000 2.9 Sale SCG 2,000,000 3.41 Purchase STGT 15,000 70.5 Purchase SMT 180,000 2.8 Sale TPBI 8,000 4.64 Purchase UBIS 10,300 4.55 Purchase UBIS 4,900 4.54 Purchase AUCT 5,000 13.6 Sale UTP 120,000 14.13 Purchase WPH 92,600 1.55

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 10 Sep 2020 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 3,597.43 8.53 4,227.00 10.02 -629.58 - Proprietary 4,901.16 11.62 5,239.43 12.42 -338.28 - Trading Foreign Investors 16,114.04 38.2 16,111.38 38.19 2.67 - Local Individuals 17,570.93 41.65 16,605.75 39.37 965.18 - Monthly Cumulative between 1 - 10 Sep 2020 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 25,523.80 9.19 28,065.10 10.11 -2,541.30 - Proprietary 33,005.29 11.88 33,126.46 11.93 -121.17 - Trading Foreign Investors 101,117.13 36.41 106,830.42 38.47 -5,713.29 - Local Individuals 118,061.59 42.51 109,685.83 39.5 8,375.76 -

Yearly Cumulative since 1 Jan - 10 Sep 2020 Unit: M.Baht Investor Type Buy Sell Net Value % Value % Value % Local Institutions 1,210,077.05 11.04 1,131,571.55 10.32 78,505.50 - Proprietary 1,124,653.62 10.26 1,124,790.15 10.26 -136.53 - Trading Foreign Investors 3,841,162.06 35.05 4,101,360.04 37.42 - - 260,197.98 Local Individuals 4,784,274.99 43.65 4,602,445.98 41.99 181,829.01 -

Total Trading Value 42,183.57 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.