Factory setup in EEC area surged to 500 factories over the first 11 months with a value of Bt140bn, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). (Thai Post, 12/12/17) Thai Retailer Association expects 2017 retail growth of 3.2-3.4%. It expects 2018 retail growth to be 4% in line with GDP […]

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Given that its a relatively short commentary from Bill Gross I’ve decided to post it all here. The content is a continuation of his thinking for the past few years that assets are overpriced and at one point it will change.   1. Prior market tops (1987, 2000, 2007, etc.) allowed asset managers to partially […]

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Deputy prime minister, Somkid hastens banks to help grassroot SMEs to access to capital with loan budget of Bt200bn. The Ministry of Industry is going to propose 10 measures to support and bring recovery to more than 1mn SMEs to the cabinet. It plans to have both government and private banks join in distributing the […]

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Thai rice exports grew +21.01% YTD (10.42mn tons), likely to hit a new high at 11mn tons in response to a rise in global demand. (Thai Post, 28/11/17) FPO official: GDP rise of 4% in reach. All eyes on exports in final months of year. Thailand’s economic growth is likely to come close to 4% […]

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NBTC committee called TOT to clarify its contract with DTAC to provide 4G LTE-TDD service on 2300 MHZ, saying there are many issues of concern. TOT will discuss this with the committee on Nov 27 after which it will be sent to the full NBTC’s board to consider on Dec 6. NBTC also ordered DTAC […]

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State enterprise office looking to sell some securities. THE State Enterprise Policy Office (Sepo) is expected to sell in the second half of next year some securities held by the Finance Ministry in 24 entities, Sepo director-general Ekniti Nitithanprapas said. (The Nation, 13/11/17) Tax reduction for domestsic tourism to be proposed to Finance Ministry. This […]

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