Market commentary on Thai stocks and the SET Index.
5% GDP growth target set for 2017-21—The12th National Economic and Social Development Plan (2017-21) has set targets of 5% annual GDP growth and per capita income of US$8,200 (286,200 baht), up from $6,000 now. (Bangkok Post, 25/07/16) First-half loan loss provisions sufficient to handle rise in NPLs in second half, central bank says – LOAN-LOSS […]
Read More →Notable Transactions Buy(s) THB 165 mn IHL – That’s a rather large chunk that this director took, must’ve been a block trade between the major shareholders AJ – This naughty name, just a switch of ownership between family members Sell(s) THB 76 mn AJ – See above
Read More →+17% this year, what economic slowdown? What political crisis? Arguably the best performer in the world in USD and local currency terms. So what’s next? Next month may be another one full of turmoil with the constitution vote on the 7th August. Fun times for sure.
Read More →New investment in 2nd half to hit Bt466 bn, says finance minister — THE ECONOMIC Steering Committee estimates that new investment from the public and private sectors in the current second half of the year will be worth Bt466 billion and provide more than 67,000 jobs, Finance Minister Apisak Tativorawong said after a meeting of […]
Read More →And boom! the market is up 15% this year, banks are rebounding nicely in the past week as have telco’s specifically ADVANC and TRUE. What economic crisis? What economic slowdown? Or are the continuation of low interest rates just driving this.
Read More →Ban Thanarak Pracharat housing project to select its developer in 2 weeks — BANGKOK, 8 July 2016 (NNT) – The government is nearing the end of its bidding process to select a private developer for its Ban Thanarak Pracharat project, which provides low-cost housing. Director of the Treasury Department Jakkrit Parapantakul revealed that there are […]
Read More →Banks seem to have picked up steam with analysts and investors believing that the worst is over for the sector. Agriculture has been on a run lately on the back of increasing commodity prices as well. Going forward we have earnings season starting! Fun times ahead
Read More →Looks like that Brexit scare was shortlived.
Read More →Adjustment could save state B10bn a year — The Fiscal Policy Office (FPO) is considering reviewing the blanket living allowance for the elderly in order to cease paying the subsidy to those with sufficient income and reallocating this portion to others. (Bangkok Post, 27/6/16) ASEAN to press RCEP to cut tariffs on 92% of goods […]
Read More →Well its fairly obvious what happened last week, innit!?!?
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