Business News 16-20 Feb.2018

Judge Angela Merkel's fourth term by what it achieves on Europe

TICK-TOCK (or as Germans say: "Tick-Tack"). Time is short in Berlin. Having spent almost six months reaching a coalition deal, Germany's new government—which takes office today—has just three-and-a-half years until the next election is due, in 2021. Shave off the election campaign and that becomes three, another six months of election build-up and it becomes two-and-a-half. In any case the governing parties have agreed to take stock after just two years; a natural point for the reluctant and electorally battered Social Democrats (SPD) to start differentiating themselves more aggressively than last time and for the Christian Democrats (CDU) to start lining up a new leader.


It is, you see, very unlikely that Mrs Merkel will seek to run again. So her swearing in for her fourth term as chancellor today, under the glass dome of the restored Reichstag building in Berlin, was probably her last. Even that moment, something of a formality once coalition deals are done, added to the mood of transition. Some MPs gasped in surprise when the result came, because although the roughly 8% of grand coalition MPs who voted against Mrs Merkel was a similar proportion to last time, that coalition's much-reduced majority following the election in September made the result perilously narrow. The chancellor's reelection was carried with a majority of just 9 votes above the threshold required (355 of 709 MPs).

16-02-61

Chulalongkorn University cooperates with 750 million baht Clear the defect in 7 days.

The director of the savings cooperative, Chulalongkorn University, has jointly paid a Bt750mn dividend for 7 days to correct a shortcoming. Mr. Pichet Viriyapan, Director-General of Department of Cooperative Promotion, revealed that the Department is the registrar of Chulalongkorn University savings cooperative. And the average 750 million members have been urgently compensated for defects in two issues, according to the order of the registrar. After receiving the information from the auditor's report on the audit of financial statements of Chulalongkorn University

By two cases Credit Union Credit Cooperative credit Mongolian millionaire, which Commission has confirmed the fact. The appraisal committee of the Legal Execution Department evaluated the price of SCB's shares for the determination of the offering price of Baht 145 million and confirmed that there were no debtors. The auditor did not find evidence from the Valuation Committee of the Legal Execution Department. And prove that. At auction There will be no other creditors

17-02-61

Win the US Green Light, Unlock the Airline

In the meantime, it is the first time that this has happened. Resolve air problems for the Federal Aviation Administration (FIA) and FAA, and are in the process of submitting invitations to the FAA for inspection in the month. Mar - Apr The target is to upgrade Thai Airways to Category 1 within a month.

The Ministry of Transport is currently in the process of revising its observations, which are expected to be phased out by the Ministry of Transport. This month

18-02-61

Gold open today 100 baht.

Gold opened today, falling 100 baht. The purchase price is 19,450.28 baht per sale, 20,400.00 baht per baht.

Gold Trading Association Announces Price - Buy Gold On Wednesday, February 21, 2018, the first time at 09.27 am, the baht was down 100 baht compared to yesterday. The gold price to buy 19,450.28 baht per sale Baht 20,400.00 per baht The price of gold bars to buy 19,800.00 baht per sale out Baht 19,900.00 per baht

19-02-61

Thai stocks have a chance to rise this morning. Watch the Fed statement

Thai stocks have a chance to rise this morning. The Fed's announcement of a US $ 31.40 rebound after a strong dollar rebound

Asia Plus Securities said that the Thai stock market had a chance to rise. In Asia this morning, most of the positive. As with the Dow, the market is lacking Fund Flow to help support. The increase in the index is limited. Follow the announcement of the President of the Federal Reserve (Fed).

The US will announce its half-yearly statement to the US Congress tomorrow (Feb 27), the first of its kind to be presented to the US Congress. We need to see the direction of the US interest rate. At 1,800 points, resistance at 1,820 points.

Bank of Ayudhya, the bank's chief executive, revealed that the baht was trading at 31.40 baht per dollar. Weakness from the market closes at 31.47 baht per dollar. US bond yields fall The market is concerned that the Federal Reserve will not speed up interest rates in the near term. As a result, the dollar weakens compared to other currencies.

Including the baht when the market opened this morning. However, during the day, it is expected that the baht will move within the range of 31.30-31.45 baht per dollar.

20-02-61