Research on Thai Markets in general and the SET Index
So as you all know she’s out…and what has really changed? Oh yes there are 9 other cabinet members that are out too so there are still 25 cabinet members remaining who have just appointed deputy PM & commerce minister Niwattumrong Boonsonpaisarn to become the acting PM. Guess what? He’s an ex-executive of Shin Corp, […]
Read More →Right before going to sleep I receive a phone a call that part of Siam Commercial Bank was hit with grenades (see below) and other parts of Bangkok are experiencing bombings too…oh amazing thailand….
Read More →The only thing on people’s minds are now how the Election Commission will progress during this time and how the court cases against Yingluck will unfold, we all know 1Q14 earnings will be awful for domestic related companies and most likely the same for 2Q14 as well.Â
Read More →Jeremy Grantham’s latest quarterly letter is out and this time he’s going through the statistical possibilities of how much further equity markets have to run, as always its a must-read. Enjoy! The bull market may come to an end any time, indeed as I write it may already have happened. It could be derailed by […]
Read More →Thailand More stringent on tax collecting – Somchai Poolsavasdi, the Director General of Thai Customs Department, reveals that he set up a team to monitor tax collection in the rest of FY2014 after tax collection in the first 6 months in FY2014 missed target of 10%. He has ordered the team to increase collection efficiency […]
Read More →So the political parties have come together and agreed with the Election Commission to finally re-hold elections on the 20th July! The Election Commission (EC) and the caretaker government on Tuesday settled on a new election date of July 20 after caretaker Prime Minister Yingluck Shinawatra and her team promised to follow conditions. Mind you […]
Read More →As the political merrygoround (with Abhisit now coming out and stating that there have to be reforms to ensure that losers in an election can still block a winning party) continues there are several potential key dates that are coming up, let’s go through them all. Friday 2 May – The Thawil case – Yingluck […]
Read More →Anything to look forward to this week? Well 1Q14 earnings are now coming for the rest of the listed companies (first 5 months of the year is always horribly busy with earnings) and then the wonderful circus that is politics shall return with Yingluck stating her defense on the Tawin case.
Read More →Thailand New BoI board — The PM has signed off on the new set of BoI board members, following the Ministry of Industry proposal submitted to the cabinet on 22 April. (Post Today, 24/04/14) MPC leaves rate alone – The Bank of Thailand’s Monetary Policy Committee (MPC) left its policy interest rate unchanged yesterday but […]
Read More →With Songkran Holidays now properly over as traffic has fully returned to Bangkok business has finally resumed again. What’s happening this week? Well Banks earnings are out, the big ones have cut costs (i.e. marketing down, bonuses + benefits down) to such a level that profit growth could still be seen on a YoY basis, […]
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