And yet people wonder why there are so many accidents…investment wise – insurance premiums to increase in the future? Source: Bangkok Post  

It isn’t a secret that Thailand hasn’t really invested in its own infrastructure since before the Asian Financial Crisis, granted we have had the creation of the skytrain, subway and airport, but these were all Bangkok-specific and not throughout the whole country. Investment made up about a fifth of total spending in fiscal years 2002 through […]

It’s that wonderful time of the year where the public can listen (or even stream online) to public companies present their business model, latest performance and so forth, there are some 100 companies this year, click the link below to see the whole schedule. https://www.set.or.th/set/oppdaybyperiod.do  

It’s no surprise that 1Q15 numbers were weak, for the full year I have my doubts on Thailand being able to achieve the 3.4% prediction that comes out of the government, why? Exports are weak, Imports will pick up (should oil prices maintain these lvls), Consumption is weak (debt is too high), Government spending is […]

The consistent winners: Construction materials, tourism & leisure, food & beverages and insurance all had decent YoY and QoQ  growth rates The consistent losers: Construction services, personal products & pharma had rubbish YoY and QoQ growth rates. Anything interesting? Agricultural seems to be a cyclical funk, wondering out loud when will it rebound? Transportation & […]

If you believe it. The two main sacred oxen, Phra Kho Fa and Phra Kho Lert, were each offered seven bowls containing seven different foods, and their choices were used to make the predictions. The seven dishes were paddy rice, maize, water, grass, soybean, sesame seeds and liquor. The oxen ate grass, a forecast that the […]