Commentary on special events in Thailand and the SET Index.
The QE tapering that never happened from a few months back sits in the back of our minds still as we sit here and wonder when will it happen, for now as the way things look, 2014 looks likely to be another year of continued easing and low rates world wide and Richard Koo here […]
Read More →AOT’s growth since 2009 has been staggering with total passenger numbers in September up 21% YoY. The most interesting fact of all is that Chinese tourists are now 20% of the total tourist number and this is only @ 5 mn travellers, can you just imagine the scope for growth from that nation? Â
Read More →Yawn, so no change from the BoT regarding interest rrates, they have kept it again @ 2.5% and will announce their 2013 GDP Forecast on the 25th Oct (previous projection was 4.2%). So with the next meeting on the 27th Nov we don’t think anything will change for policy rates here in Thailand, inflation is […]
Read More →Notable Transactions Buy(s) THB 2.2 bn GRAMMY – Owner buys THB 347 mn, likely through the recap for the digital tv bidding IEC – Interesting purchase here, IEC has just announced a warrant issue KMC – A prop recap play here, new owner buys THB 39 mn in the markets MC – Management has been […]
Read More →Just came across this article on Bloomberg which explains the importance of the new rail system in Thailand, now we all know there are issues with the plan put together by the government, I’ve even heard that they haven’t put together proper numbers yet for the entire project, but overall I still love the idea. […]
Read More →Now this was an interview that I tremendously enjoyed. It’s very rare to meet K. Thongma, have to say a big thank you to Shareinvestor Thailand for this. Pruksa Real Estate Plc (PS) concentrates on developing townhouses, single-detached houses and condominiums within Greater Bangkok. PS uses its own technology and modern international construction technologies to […]
Read More →Vincent Fernando over @ Religare just put out this paper and I’ll do my best to summarise his key points which are as follows: ASEAN growth this is expected to be 1.2% this year Next year’s earnings imply a rebound to high-growth which seem over-optimistic
Read More →The US government, the bastion of democracy, is still in the midst of a government shutdown, and the debt ceiling deadline is approaching. From what I’ve read the last time the US defaulted on payment was in the early 1800’s, we don’t expect the US government to actually be this silly, but market commentors are […]
Read More →The Board of Investment (BoI) recently announced a 2nd generation eco-car plan and producers can request applications between now and 31 March 2014. So what are the key details? Eco-cars phase 1 Eco-Cars Phase 2 Petrol-fuelled engines 1300 cc 1300 cc Diesel engines 1400 cc 1500 cc Fuel efficiency 5.0 l / 100 km 4.3 […]
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