Govt pushed for retail measures — THE RETAIL industry now expects to grow by only 2.8 per cent this year instead of around 3 per cent, and continues to urge the government to implement the short- and long-term measures it has proposed to improve the situation. (The Nation, 4/5/2016) BoT reports muted first-quarter growth – […]

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China’s Exports Jump Most in a Year, Boosting Growth Outlook — China’s exports jumped the most in a year and declines in imports narrowed, adding to evidence of stabilization in the world’s second-biggest economy. Stocks rallied. Overseas shipments rose 11.5 percent in dollar terms in March from a year earlier, compared with a 25 percent […]

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Dividends dividends and more dividends shall be paid out over the next few weeks and typically ends by the 1st week of May. This combined with people still hanging onto the hope that 1Q16 #’s will show an improvement (we have our doubts, retail looks dead) has kept the market rather buoyant. Now telco’s – […]

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And the roaring start to the year continues for the SET, up 8.2%, driven by resources, tech (read telcos) and financials. Earnings last year were so-so @ best given the multiple write-offs by the resources sector, insurance seems to be suffering this year along with the MAI index still down -3.7%. Now we wonder aloud…with […]

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The stimulus budget of Bt14.6bn (soft loans, village fund, SME loans and home loans) is expected to be spent this year. The Government Housing Bank’s ability to extend home loans depends on its board because the MoF does not have the authority to increase its loan ceiling. The MoF permanent secretary expects GDP growth of […]

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Biggest state bond issue to be launched this month – proceeds to be used for 2016 budget deficit. The Finance Ministry will issue government bonds worth Bt50 billion, the highest ever, with three-year maturity and 3-per-cent interest, to apply to the 2016 fiscal budget deficit of Bt390 billion, while the Government Pension Fund is set […]

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4G auctions set to generate B1.3tn – The imminent fourth generation (4G) spectrum auctions could stimulate direct and indirect investment valued at 1.3 trillion baht over the next five years. (Bangkok Post, 13/10/15) Tris Rating downbeat on GDP growth prospects next year – Thailand’s economy will expand between 2.5% and 3% next year, says Tris […]

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China retail sales up 10.8 pct in August – China’s retail sales grew 10.8 percent year on year to 2.49 trillion yuan (390.89 billion U.S. dollars) in August, the National Bureau of Statistics (NBS) said Sunday. The growth rate picked up slightly from 10.5 percent in July. A key reason for the month-on-month rise in […]

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Thailand Credit card spending up in May – According to the Bank of Thailand, credit card spending in May rose by 6.8% YoY to Bt130bn. Cash advances increased 8.8%, reflecting tightening liquidity among credit card holders. (Post Today, 14/7/15) UTCC: Exports to slump 3.8%, Negative factors will drag down shipments – Thailand’s exports are expected […]

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