Thailand Govt putting in place export control rules – New strategic export-control regulations will place additional compliance burdens on some business sectors, but will increase investor confidence and enhance trading relationships with Thailand, Deloitte Thailand has said. (The Nation, 6/7/15) Japan pledges US$6 bn for Mekong – A trilateral pack on development of Dawei was […]

What has really changed in the week I was gone? Nothing. It’s still the same issues, earnings growth, uncertainty over infrastructure spending (or the slowness of it) and whether or not Greece will have the $ to pay back its loans. The most interesting movements sector wise is how badly financials have performed but no […]

Thailand Ministry spotlights sectors with potential to boost GDP – The Industry Ministry expects industrial GDP growth of 2-3% to 2.63 trillion baht, rebounding from a contraction of 0.4% last year, with support from some rising-star industries. Udom Wongviwatchai, director-general of the ministry’s Office of Industrial Economics, specified eight major industries with rising capacity. (Bangkok […]

The market continues to wobble around the 1,500 levels, why? Well economic growth is still a bit meh, more importantly earnings are meh and in reality we aren’t going to see anything wonderful until infrastructure spending actually kicks in, and the market is still pricing in those potential high levels. Going forward we may have […]

The market seems to be following the usual euphoria pattern whenever there is a new government in place, it’s the typical 1) New government, wooooooooooooooo things are going to be great, infrastructure and policies are going to be put through immediately 2) Ohh things are taking a bit longer than we expected, but the dream is […]

There’s not much happening locally this week, we are still waiting for the FY14 numbers to be released for all listed co’s (deadline is end of March) and then dividend season will be amongst us in April so I expect brokers to begin pushing security brokers names shortly.

Thailand BoT: Rate slash still a possibility – Even though the Bank of Thailand believes the current policy rate would boost economic recovery this year, it has left the door open to a possible cut if the economy is slower than expected or unexpected effects emerge. The central bank expects economic growth to reach 4% […]

Last year the SET returned 15.3%, the first few weeks a lot of the brokers are mentioning the possibility of LTF redemptions and the continued weakness in oil prices to weigh on the energy sector here.    

Thailand The private sector expects the economy to post an upturn next year and plans to ramp up investment and business acquisition ahead. The private sector also supports the state’s idea of a VAT increase as it believe the this will help increase competition and push Thai businesses to expand abroad. (Bangkokbiznews, 21/11/14) Prime Minister […]