Research on Thai Markets in general and the SET Index
And boom! the market is up 15% this year, banks are rebounding nicely in the past week as have telco’s specifically ADVANC and TRUE. What economic crisis? What economic slowdown? Or are the continuation of low interest rates just driving this.
Read More →Ban Thanarak Pracharat housing project to select its developer in 2 weeks — BANGKOK, 8 July 2016 (NNT) – The government is nearing the end of its bidding process to select a private developer for its Ban Thanarak Pracharat project, which provides low-cost housing. Director of the Treasury Department Jakkrit Parapantakul revealed that there are […]
Read More →Banks seem to have picked up steam with analysts and investors believing that the worst is over for the sector. Agriculture has been on a run lately on the back of increasing commodity prices as well. Â Going forward we have earnings season starting! Fun times ahead
Read More →Bill Gross – Monopoly The latest paper from Bill Gross is focused on credit, credit growth and a usual critique of central bankers. So why bother with this? Well it’s a good concise argument that slow credit growth has led to sub-optimal global GDP growth and perhaps the original methods of running a central bank […]
Read More →Central bank laments lack of private investment — Thailand’s economic conditions are expected to improve in the second half propelled by public expenditure, but a low private investment ratio still constrains the country’s full growth potential, says a senior Bank of Thailand official. (Bangkok Post, 1/7/16) Department wants VAT kept at 7% for another year […]
Read More →I remember 2015 being a year driven by local institutions, interesting that this year has been one driven by foreign institutions thus far.
Read More →Looks like that Brexit scare was shortlived.
Read More →Adjustment could save state B10bn a year — The Fiscal Policy Office (FPO) is considering reviewing the blanket living allowance for the elderly in order to cease paying the subsidy to those with sufficient income and reallocating this portion to others. (Bangkok Post, 27/6/16) ASEAN to press RCEP to cut tariffs on 92% of goods […]
Read More →I’ve always enjoyed reading Byron Wien’s “The Smartest Man in Europe” papers and now it shall come to an end as the previously anonymous gentleman, Edgar de Picciotto, has passed away. Here’s a snippet and link to the article, definitely worth the read. Over the years I learned that he didn’t think like other investors, […]
Read More →Well its fairly obvious what happened last week, innit!?!?
Read More →