JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]

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Budget for agricultural (via 15 measures) is estimated to add Bt100bn into the economy. Given the budget size of Bt42bn, the budget multiplier is around 2.65X. This should generate income of Bt30bn for farmers. (Kao Sod, 21/5/18) Thai exports hit 7-year high. Ministry of Commerce says April-18 exports grew 12.3% to $19bn, extending a winning […]

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Excise tax collection on alcohol was short of the government target in FY7M18 (Oct 17-Apr 18). This was due mainly to the lower alcohol consumption despite the long holiday in April. Government campaigns and controlled zoning also help reduced alcohol consumption. ( Daily News, 14 / 5 / 18 ) Department of Trade Negotiations (DTN) […]

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Potential Changes to the SET50 and SET100 These names have not been confirmed yet but brokers are expecting that these will be the changes. SET50 Expected Additions: BGRIM, DELTA, ESSO, KTC, RATCH Expected Deletions: BCP, KCE, PSH, TPIPP, WHA SET100 Expected Additions: BLA, ERW, MBK, PRM, PTL, RS, THANI, VGI Expected Deletions: ANAN, BA, BIG, […]

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Thai National Shippers’ Council (TNSC) raised their forecast for Thailand’s export growth to 8% this year. The more upbeat outlook is due to stronger demand from both key and non-key trading partners. The TNSC also noted that the Thai export structure has become more balanced. (IQ Biz, 9/5/2018) Thai Industries Sentiment Index (TISI) dipped in […]

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And he’s out with his May Commentary, several interesting points here, here’s a few snippets and a link to the rest of the paper. I remain of the view that 2018 will be a positive year for equities, primarily because of performance in the second half and driven by earnings growth. The tax cut should […]

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