Research on Thai Markets in general and the SET Index
The Thai market has taking a beating this month along with the rest of the world, this isn’t a huge surprise given the valuation levels, a recovery that has yet to be seen (even though it is priced in yet), infrastructure spending that has been priced in (Even though that doesn’t start for another 2 […]
Read More →According to Credit Suisse, Thailand has had the world’s fifth-worst per-household wealth performance in the world from 2013 to 2014. The report says Thai wealth has contracted more than 7%. Only Turkey, Indonesia and the basket-case nations Argentina and Ukraine have performed worse. So what could have resulted in such a dramatic decrease? Well 2012 […]
Read More →Thailand FPO to revise GDP projection — The Fiscal policy office has announced that it will revise Thailand’s GDP growth projection , currently at 1.5-2%, again at the end of October in response to slower than expected recovery while the export growth is -7.4% (Ban Meung, 16/10/14) Draft for new taxes done — The Revenue […]
Read More →In the Bangkok Post yesterday there was an article teaching regular folk on how they can invest in condominiums to make $$, this combined with every property developer showing fantastic presales (even stable, stodgy Land & houses just reported their highest presales in the history of the company) and firms such as Ananda launching new […]
Read More →Market took a wobble last week with all sectors except Agri&food taking a dive. What were the reason(s) for it? Some say the King’s health, some say the valuations, some say the weak global economy, some say the Fed potentially raising rates at the end of this month. My viewpoint – It was probably the […]
Read More →Thailand Thailand, Myanmar to twin provinces – Thailand and Myanmar will sign three memorandums of understanding (MoUs) to foster a closer relationship between their key bordering provinces when Prime Minister Prayut Chan-o-cha begins his official visit to the country’s western neighbour today. (Bangkok Post, 09/10/14) Drought fears overseas spur rice orders from Thailand – Alarmed […]
Read More →With the (military) government rapidly selling the inventory that the Yingluck government had stored because of falling rice prices, international research agencies  expect for Thailand to resume its position as the #1 rice exporter globally by next year. Top global rice exporters (in thousand metric tons) 2013/14 2014/15 Thailand 9,000 10,041 India 10,000 8,388 Vietnam […]
Read More →According to Alcoa’s latest earnings report yesterday (8th Oct) things around the world still appear to be doing fine with the usual caveat for Europe. Source: Alcoa
Read More →The market wobbled last week for the first time in many months and the question on a lot of people’s minds is whether or not this is a head fake, or a sign of a continued downtrend. On the bull side – we still have a lot of money that is going to be spent […]
Read More →Reporters at Bloomberg put together a wonderful article on the current political ongoings in Thailand and the role of the army, see below for a few snippets and a link to the full article “If you look at Thai history, the head of the army is the main key position, but that changed with the […]
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