Research on Thai Markets in general and the SET Index
I was asked where Thailand’s new SEZ (Special Economic Zones) are and the military has earmarked 5 potential border areas. The meeting has agreed on the 5 potential border areas to be developed as Thailand’s first special economic zones, which were Mae Sot, Aranyaprathet, Trat, Mukdahan and Sadao (Sadao-Padang Besar Customs Checkpoints). Going forward there […]
Read More →This week we have a couple of things to look too, a new government which in turn should lead to decisions on the martial law, energy plan, and whatever else they may think of. The SET has done very well this year, up 20% YTD (still +9,7% over 12 months), should there continue to be […]
Read More →Thailand Gloomy export figures for July may force revised growth target – The Commerce Ministry will likely be forced to slash its export-growth target for this year from 3.5% to 1.9% after July’s shipments continued to slide by 0.8% YoY to US$18.89bn. (The Nation, 28/08/14) Mega-projects ‘to boost growth’ – The junta’s economic czar, Air Chief […]
Read More →An interesting piece in the past week’s Economist regarding Thailand and it’s relationship with China. Â My viewpoint on Thailand’s relationship with China is that no matter what the Economist says China plays a damn important role in Thailand’s future on the economic front, (1) today Chinese tourists are already represent the highest %age of all […]
Read More →The news remains the same, new economic policies coming out of the government with things actually happening! The government is going to be focusing on the following points 1)agricultural prices 2)asset and land tax 3)gasoline price reduction 4)a pay rise for civil servants. Â And then poor (or improving) economic news expected to be released during […]
Read More →Saw this snippet on the BKK post the other day, essentially the IPO market in Thailand has been relatively quiet in the past 12 months because of the political problems, but with things calmed down now we have been such a rush of IPOs planning to hit the market, if you want to see a […]
Read More →Thailand Ministry of Finance to propose 8% wage hike for civil servants in October. According to the original proposal, the plan wage increase would happen in April 2015; however the permanent secretary wishes to move it forward. This will increase government spending by about Bt20bn. (Post Today, 22/08/14) G2G sale to Philippines ditched — Thai […]
Read More →With the official confirmation of Prayuth finally done there’s a speculated list (most likely a very accurate one) done by the Thai media, here’s a list of the names I can’t really comment much on the list but there is only thing I want this government to do, stamp out corruption, yes I know it sounds […]
Read More →Andddddddddddddddd, no surprise. He got unanimous 191 votes by the National Legislative assembly. The NLA president and two vice presidents abstained. The result was officially announced at 10:53 am. He was elected in a roll-call vote. NLA Tuang Nanthachai nominated Prayuth and the nomination, which was made at 10:23 am, was endorsed by 188 NLA […]
Read More →Our resident Queen Chartist is back with her latest thoughts on the USD/THB/Euro and impact on markets, its a long read so get a cup of coffee and enjoy 🙂 A quick snapshot before the highly-anticipated Jackson Hole symposium. The economic conference at Jackson Hole, Wyoming, had never been center of market’s interests until in […]
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