Research on Thai Markets in general and the SET Index
What the what? Everytime I travel something happens in this wonderfully odd country, and this time a coup (a longer post to come later in the week), anything to look forward to? Well the military is wiping the government posts clean and replacing each position with their own people, I don’t there are going to […]
Read More →Thailand BoT says baht will continue to weaken as political instability continues, exports likely to benefit; while Thailand default risk is stable for now. (Krungtep Thrurakit, 16/05/14) BoT is concerned by the level of credit card debt, as it rose by 30% over the past year. The Chairman of the Credit Association said that some […]
Read More →Politics politics politics, rewind 6 months, press play, and rewatch 🙂
Read More →Thailand Consumer confidence sinks, lowest since Nov 2001: UTCC – Thailand is moving closer to economic recession because of the ongoing political uncertainty, while the Consumer Confidence Index (CCI) in April hit the lowest point in 12 and a half years, the University of the Thai Chamber of Commerce said. (Bangkok Post, 09/05/14) Mobile Expo […]
Read More →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 […]
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