Research on Thai Markets in general and the SET Index
Few things to note: Agriculture – No surprise here given how soft commodity prices are continually lower than they were 12 months. Electronics/Electrical Equipment – I doubt Thailand will see any double digit growth in this sector for the foreseeable future, since the floods in ’11 several electronics firms simply took their insurance checks and […]
Read More →Two points from this article caught my eye (see below) and my thoughts simply are: 1. If the Thailand, Indonesia and the Philippines are all embarking on this massive infrastructure spending, where will they get the resources from? Which construction co’s will benefit? By how much will land prices appreciate in those areas? 2. If […]
Read More →Thailand Thai economy unlikely to grow 4% this year as the export sector has been hit by the slowing global economy in the past 12 months, says Finance Minister Sommai Phasee. (IQ Biz, 27/03/15) The Commerce Ministry reported yesterday exports fell for a second consecutive month in February, down by 6.14% year on-year to $17.2 […]
Read More →This is fairly short interview regarding the railway track plans in Thailand and China’s role. Short but interesting nonetheless Al Jazeera: Explain why trains and tracks in China are currently not compatible with those of Southeast Asia. Dr. Ruth Banomyong: There is no standard width for railways around the world. For China, it’s 1.44 metres, […]
Read More →The market seems to be following the usual euphoria pattern whenever there is a new government in place, it’s the typical 1) New government, wooooooooooooooo things are going to be great, infrastructure and policies are going to be put through immediately 2) Ohh things are taking a bit longer than we expected, but the dream is […]
Read More →This has been the busiest start to a year (or lets say 6 months) that I’ve ever experienced despite the fact that I’m supposed to be on a sabbatical, and I haven’t had a moment to sit down and write my usual monthly rant on the markets, economy and politics on Thailand yet this year. […]
Read More →Thailand BoI applications plunge – New applications for investment privileges from the Board of Investment (BoI) in the first two months of this year totalled 107 projects worth a combined 17 billion baht. This represents a sharp fall of 72.6% from the 62 billion baht recorded in the same period last year, acting secretary-general Hirunya […]
Read More →There was a FTSE index re-balancing that occurred on Friday, here’s the breakdown: Large cap inclusion: TRUE (from mid cap); exclusion: BAY. Mid cap inclusion: none; exclusion: TRUE (from large cap). Small cap inclusion: CK, BMCL, SUPER, GUNKUL, GFPT, TICON, CHG, CKP, KCE; exclusion: CPNRF, SUC. All-world inclusion: none; exclusion: BAY. All-Cap (LMS) inclusion: CK, BMCL, […]
Read More →The market pullback continued last week on top of rumours of 100 sites in Bangkok would be bombed over the weekend (which never happened), and the fact remains that earnings were crap, are still crap, are likely to continue being crap for the market in general for the 1H15. Only bright spot thus far? Telco’s may […]
Read More →Thailand Working on human trafficking. The vice-chairman of the Thai Chamber of Commerce reports that government and private entities have been working to resolve the problem of foreign workers and human trafficking. This is to avoid the impact on Thailand exports. He expects Thailand’s rating will be upgraded. (Post Today, 13/3/15) Pridiyathorn: MPC rate cut […]
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