Soft loans to grow EV chargers: The government looks set to offer soft loans to small and mediumsized enterprises (SMEs) and startups that want to invest in charging stations for electric vehicles (EV), a move aimed at increasing domestic EV purchases. Bangkok Post Woo factor: The TAT wants to entice a half-million Koreans to visit […]

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Just have a look at the USD/THB since covid started, THB is now -17% And what is green for the year? Only the MAI and tourism names. Ouch. The government here has decided, similar to some silly Western Governments, to potentially cap the profits of the refiners….great…where was the government when these guys were losing […]

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Japan agrees B13bn loan: The Royal Gazette has published the Finance Ministry’s announcement involving a loan agreement worth 50 billion yen (13.2 billion baht) with the Japan International Cooperation Agency (Jica) to bolster the nation’s Covid-19 emergency response. Bangkok Post FPO expects rising government revenue: 2023 target in line with economic revival. The Finance Ministry‚Äôs […]

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And the noise regarding rates continues this week. Let’s see how this unfolds, commodities still the only place in town…what about the insurance names that should benefit from 1. Rising rate environment 2. Older population – more insurance 3. Post covid a permanently higher customer base for health insurance policies Note energy security coming into […]

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Doubts linger over job situation: While the state planning unit reports that unemployment is improving, others remain skeptical. The government’s planning unit, the National Economic and Social Development Council (NESDC), reported on May 23 Thailand’s unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher […]

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It’s going to be a small trading band volatile period for the market, other than commodities which continue to go to the moon. Why? Everyone’s waiting on the Fed and are hoping and praying that the bottom does come out. But for TH and most of SEA it’s an odd period, reopening into this environment […]

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Last week’s gubernatorial and council races are bad omens for Palang Pracharath, which faces a drubbing at the next national poll, write: The results of the gubernatorial race and the city council election on May 22 are troubling developments for the Palang Pracharath Party (PPRP) with political analysts agreeing the ruling party is unlikely to […]

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And so is it done? (what are you talking about?) Ah yes, the Russia/Ukraine war, the slap heard around the world, the monkeypox fear, the interest rate hikes in the Anglo-Saxon world, all the above. I would say, yes to all but the interest rates, there’s still another month or 2 of noise to come […]

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National Security Here’s a list of recent national security measures some countries have taken: Indonesia changes its mind more often that a crack addict regarding its commodity exports, at one point it bans the export of coal, then the next month it allows it, then it decides to ban the export of CPO, and then […]

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Oil Fuel Fund seeks loan of B40bn: Cash needed to subsidise oil prices. The Oil Fuel Fund has enough credibility for financial institutions to extend it loans to boost liquidity, enabling it to subsidise the  domestic oil price, says deputy permanent finance secretary Theeraj Athanavanich.  Bangkok Post  Joint sandbox to be discussed: BoT in talks with […]

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