OK given to unlock Sor Por Kor land. As expected, the cabinet yesterday said the powerful Section 44 of the interim charter should be invoked to unlock the use of Sor Por Kor agricultural land for three areas of business: petroleum, renewable energy and mining. But the focus of Section 44 will mainly apply to […]

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Worst performers so far have been Healthcare and personal products. High valuations do tend to have that impact… then again the healthcare issue seems to be 1) no new diseases that have made people rush to the hospitals 2) drop in ME patients 3) SSO impact. A little hurray must be said for the automotive […]

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For SET50 – Market capitalisation is Bt10 trillion or 65% of the SET’s total market cap as at end-May 2017 Additions: BJC, BPP, EA, MTLS, RATCH, SCCC, TISCO Deletions: BA, BCP, CENTEL, CK, PTG, THAI, WHA Reserve list: BCP, CENTEL, CK, SAWAD, WHA For SET100 – Market capitalisation is Bt12 trillion or 75% of the […]

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Thai economy not going to grow rapidly. ASEAN +3 Macroeconomic Research Office (AMRO) said the Thai economy is not going to grow rapidly since private investment has not recovered. Household debt and SME NPLs continue to rise, pressuring GDP growth down. (Thai Post, 13/6/17) Package to promote SEZ to be proposed to cabinet on June […]

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Boom. Importers rejoice, exporters are getting nervous. I’m no specialist when it comes to currencies but I’ve always thought that the countries affected by the ’97 crisis would eventually see their currencies return to those previous levels, plus with the previous arguments regarding the nature of the monarchy and the what if question gone, what […]

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I do like checking this every once in a while for a few reasons To see how investor appetites are throughout the region To put things into perspective whenever reading headlines from Bloomberg that xyz market is booming or crashing How certain markets could still have a long way to go i.e. India is only […]

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And the zig zagness of the market continues, I normally like this period between mid May and mid August because its 3 month’s of zero corporate earnings and it’s a good time to recheck holdings and to see if new ideas are worth adding into a portfolio.

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Income from government infrastructure to be taxed. The Ministry of Finance plans to tax income from parties who generate income from government infrastructure projects. It will open discussion before proposing this to cabinet. Those with revenue higher than Bt50mn are expected to pay this tax. (Thai Post, 2/6/17) BoT eases up on forex regulations. The […]

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The reversal from last year on a sector basis is still comfortably under way. Interesting to see that the automotive sector has somewhat recovered from its doldrums from the post-yingluck government first car buyer scheme. But we are still seeing tonnes of inventory sitting around the world/region/country that has worried for this sector.

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