Commentary on special events in Thailand and the SET Index.
More populist policies from the government, I won’t start a rant about how the government is throwing more of my tax-paying money for their own self interests i.e. CTH, but will try to consider this from a stock perspective. Who benefits? Well I believe Grammy, RS, and Work will be benefit as they are linked […]
Read More →Applications for Board of Investment (BoI) privileges in 2012 topped 1.46 trillion baht, the highest ever, Industry Minister Prasert Boonchaisuk said on Thursday. The number of projects rose from 2011 by 29.7%, while investment worth was up 131%. These investment projects would create an estimated 348,866 jobs, the minister said. Â Source: Bangkok Post Booyah! This […]
Read More →Want to know know why there has been massive volume in the market over the past week? Temasek Holdings Pte and its partners sold 20.9 billion baht ($687 million) of Shin Corp. (INTUCH) shares, paring its stake in the company that controls the biggest Thai mobile-phone operator. Singapore’s state-owned investment company and its partners in […]
Read More →Saw this on a paper from SocGen. Global markets have been on a roll since 2009 with essentially unlimited liquidity from the central banks around the world and for the first time last week, Bernanke hinted towards an end of QE3. I believe the below quote summarises the key outcomes best. “Â WHEN WILL THE FED […]
Read More →From the front page of the economist, pictures say a thousand words. Source: The Economist
Read More →Despite what people say, we think the impact of the village fund that Thaksin implemented years ago can already be seen with the growth in each and every region outside of Bangkok, the expansion of Tesco’s, BigC’s, 7-11s, motorcycle sales, pick-up sales, consumer goods and electronics in the past 10 years is evidence of it, […]
Read More →If you thought Thai politics was asinine, the yanks aren’t doing that much better, the ongoing fiscal cliff debate has only proven this. The markets reaction seems to be “wooo at least something got done” but thats akin to hearing a parent say “I take care of my children.” The wall street economists have come […]
Read More →A few minor changes to the site in the past week, one we’ve added in a stock news rss feed that shows key news releases of publicly listed companies here in Thailand Secondly, given that the number of unique visits to this site has increased tremendously over the past 12 months (thank you all!), we’ve […]
Read More →Yesterday the cabinet came out with a new tax structure for individuals stating that personal income taxes will be lowered across all brackets. So what? 1. Government tax revenues continue to decrease – worrying although Thailand albeit still has low debt-GDP levels 2. Great for us individuals! But I still don’t understand why a flat […]
Read More →In the paper yesterday there was more light shone upon the upcoming potential infrastructure funds in Thailand and they have listed a huge amount of businesses that take advantage of it… The SEC will allow two new types of businesses to raise funds through infrastructure funds: natural gas transport and oil pipelines, and information technology […]
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