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Baht, stocks to weaken
The Nation

Political instability will be the key factor to influence the dollar/baht exchange rate and the Stock Exchange of Thailand index next week.

The Thai baht is expected to move in the range of 32.95-33.30 against the US dollar next week, according to Kasikorn Research Centre.

While the "Bangkok shutdown" must be closely monitored, some economic indicators in the US could also influence the exchange rate.

Asset Plus Fund Management senior fund manager Supongvorn Mianpoka sees the possibility that the SET index could fall to 1,200 points, due mainly to domestic political upheaval. On the worst-case scenario, it should not breach the 1,150 points. In the best-case scenario, restored political stability would not bring the index above 1,500 points, given poor economic indicators.

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-- The Nation 2014-01-12

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Commerce Ministry asks public not to hoard food, supplies during BKK shutdown for fear of price hikes, affirms stocks sufficient for 1 month /MCOT

Posted

RT@RichardBarrow: Police have already said that they will NOT stop protesters closing any of the intersections. Here at Lad Prao there isn't one in sight

Posted

Commerce Ministry: Don’t hoard goods during rallies

BANGKOK, 12 January 2014 (NNT) - The Ministry of Commerce has confirmed the anti-government People’s Democratic Reform Committee (PDRC) will open traffic for delivery vehicles and expressed confidence that there will be no shortage of products during the group’s mass rallies starting this 13 January.

Director-General of the Department of Internal Trade Somchart Soithong said no hoarding had been reported to the ministry so far. The official assured that department stores had enough stock for customers for one month and most consumers still bought a normal amount of products.

The PDRC promised that it would facilitate goods delivery and allow its vehicles to run as normal. The director-general stressed that the general public should not hoard goods since it might result in a price increase.

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-- NNT 2014-01-12 footer_n.gif

Posted

RT@veen_NT: Abhisit told protesters that caretaker PM Yingluck lied to #UNSG Ban Ki-moon about what happened to Thailand and on the ongoing protest.

RT@veen_NT: According to Abhisit, caretaker YL distorted many things. "She said independent bodies are part of the conflicts."

Posted

Daily Weather Forecast Distribution On Sunday 12 January 2014 Time issued 1700 LST

General Situation

The high pressure over upper Thailand leads to cool weather with fog in the morning while another active high pressure from China covers southern China. It is expected to reach the upper country during 13-16 January. Very cold weather will be likely by dramatically dropping 5-7 degree Celsius. and gust over the North, the Northeast, the Central and the East.

During 13-16 January, the northeast monsoon across the South and the Gulf of Thailand will grow stronger. It affects the Gulf with strong wind. Wave 2-3 meters will be likely in the lower Gulf. All ships should proceed with caution. and small boats keep ashore.

Weather Forecast for Thailand from 6.00 p.m. Sunday to 6.00 p.m. Monday

Northern Thailand Fog in the morning.Cold in the upper part, minimum temperature 13-15 degree Celsius. Elsewhere cool, minimum temperature 15-17 degree Celsius. Maximum temperature 27-32 degree Celsius.Cold to very cold on mountaintops. Minimum temperature 4-9 degree Celsius. Easterly winds 10-30 km/hr.

Northeastern Thailand Cool to cold with 3-5 drop and gust. Minimum temperature 11-18 degree Celsius. Maximum temperature 30-31 degree Celsius. Cold to very cold on mountaintops. Minimum temperature 8-13 degree Celsius.Northeasterly winds 15-35 km/hr.

Central Thailand Cool with mist in the morning. Minimum temperature 18-20 degree Celsius. Maximum temperature 31-33 degree Celsius.Cool on mountainous areas. Minimum temperature 16-18 degree Celsius. Northeasterly winds 15-30 km/hr.

Eastern Thailand Cool with mist in the morning. Minimum temperature 20-23 degree Celsius. Maximum temperature 32-34 degree Celsius. Cool on mountainous areas. Minimum temperature 16-18 degree Celsius.Northeasterly winds 15-30 km/hr. Wave height 1-2 meters.

Southern Thailand East Coast Cool with mist in the morning in the upper part. Widely scattered thundershowers mostly in Nakhon Si Thammarat, Phatthalung, Songkhla, Pattani, Yala and Narathiwat. Minimum temperature 21-25 degree Celsius. Maximum temperature 29-32 degree Celsius. Surat Thani northward : Northeasterly winds 15-35 km/hr. Wave height 1-2 meters.Nakhon Si Thammarat southward :Northeasterly winds 20-35 km/hr. Wave height about 2 meters.

Southern Thailand West Coast Cloudy and isolated thundershowers mostly in Krabi, Trang and Satun.Minimum temperature 23-25 degree Celsius. Maximum temperature 31-33 degree Celsius.Easterly winds 15-35 km/hr. Wave height 1-2 meters.

Bangkok Metropolis and Vicinity Cool with mist in the morning. Minimum temperature 21-22 degree Celsius. Maximum temperature 32-33 degree Celsius.Northeasterly winds 15-30 km/hr.

On Sunday : Maximum temperature at 1.35 p.m. 33.2 degree Celsius.
On Monday : Maximum temperature 33 degree Celsius. Minimum temperature 22 degree Celsius.
: Sun rises at 6.45 a.m. Sun sets at 6.08 p.m.

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-- NNT 2014-01-12 footer_n.gif

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