Commentary on special events in Thailand and the SET Index.
Interesting read in yesterday’s Bangkok Post about the government revising Thailand’s renewable energy targets for the next 10 years. It is something that is absolutely necessary for Thailand as the country is a net importer of oil. http://www.bangkokpost.com/business/economics/268692/renewable-energy-goal-revved-up Key point(s): 1. Government approved a revised plan to up renewable energy to 25% from 20% of […]
Read More →Given the flooding situation its no surprise that the Thailand’s econ figures for October were weak and we expect that November would be even weaker. See below for some quick highlights. Consumption, investment, government spending and exports were all weak in October. Manufacturing (36% drop in MPI) got hit far larger than agriculture sector (+7% […]
Read More →Ploy has decided to grace us with her foresight on Gold as well this week. Personally its not something I understand and have only traded/invested a few times, (note: I do have a personal long position in it now purely because of the Euro situation but it’s giving me nightmares). Here are her thoughts:
Read More →Ake, a former colleague of mine from TSCAP days, has started a great informative site charting the economic developments of Thailand, www.factforthought.com, and has graciously allowed me to use some of his slides for presentations and for on here as well. Due to the flood crisis in Thailand, downgrades for Thai 2011 GDP are to […]
Read More →Given what just happened in Greece, I just had to repost this. So what have we learned in the past 2,066 years ? “The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome […]
Read More →My my how things quickly change again….., after just supposedly being saved by the EU with the leveraging of the EFSF, Greek Prime Minister George A. Papandreou got all hot and bothered by the Greek public outrage towards the austerity measures, he decides to allow them to make a vote upon whether or not to accept […]
Read More →Another great article from K. Voranai in the Bangkok Post today. If you really want to know why the flooding is extremely bad in some parts of Thailand and why it hasn’t hardly affected inner Bangkok just read below, its all down to one thing: POLITICS “On Oct 21, MR Sukhumbhand said the flood gates […]
Read More →A morning rant. This pariah to Thai society has been off the news since the previous government/democrat party was in charge here in Thailand. Now his ASTV has apparently been forced off the air because they are unable to pay a THB 12 million debt (USD 400k) to the satellite operator.
Read More →There aren’t many columns that I enjoy reading in the Bangkok Post but K. Voranai Vanijaka constantly writes about relevant topics in such an honest manner. In his column today he hits the nail on the spot with the joke that is thai politics and their handling of the flood crisis in Thailand. ‘‘I’m sick […]
Read More →Roger, the author of this article, is a close friend of mine from our international high school days in Bangkok and he’s now doing his PhD thesis on Myanmar. He has an absolutely brillant if quirky mind on politics and history in general. Now I just quickly want to throw in my thoughts re Myanmar. Myanmar […]
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