Research on Thai Markets in general and the SET Index
Thailand Thai drought’s wide-ranging effects – Severe drought will probably weaken Thai agriculture for another year, and the phenomenon could derail growth of the country’s farm economy. (Bangkok Post, 10/03/14) Government proposing to borrow from disaster fund — According to several sources from Ministry of Finance, the government has submitted a loan proposal to borrow […]
Read More →Well it’s done, at least for now, the Constitution Court has ruled that the government-proposed bill to allow the Finance Ministry to raise THB 2 trn in loans for the infrastructure development projects has been rendered unconstitutional. The court unanimously agreed with a vote of 8-0 that the content of the bill violated provisions stated in […]
Read More →Well isn’t this funny, financials and prop-con’s are the best performers this year. I think many an Investment Committee would be quite surprised by this. This week we have the MPC meeting and several strategists are expecting a rate cut, which in recent history has led to a market decline, we think otherwise because inflation […]
Read More →Thailand BoT warns of slump in GDP growth – Gross domestic product (GDP) growth could come in below last year’s 2.9% if the political stalemate persists throughout the year, says a senior Bank of Thailand official. (Bangkok Post, 01/03/14) BAAC plans to issue its own bond in order to finance rice payment, but is uncertain […]
Read More →Well I’ve been trained and raised in the equity asset space only and I’ve always laughed @ the point of asset allocation, however I do look @ these annual returns per asset class every quarter just to remind myself of whats going on in the rest of the investing world and to realise that things […]
Read More →Byron Wein of Blackstone has just released his latest monthly letter and as usual its good reading, he covers the markets, the US, Japan and China, see below for a snippet and a link to the letter. Everyone had made money in the stock market in 2013, although few had done as well as the […]
Read More →The whole world appears focused upon the Ukraine, whilst locally we still have our own political trouble (albeit less of an issue in terms of global relations than the Ukraine) and there is also recent news of soft PMI data out of China and Korea
Read More →So the PDRC has decided to stop the Bangkok Shutdown but still continue protesting in 4 areas including Lumpini Park but Asok and Rajaprasong and now clear. Suthep says it’s not a sign of weakness, really? Every protest site has looked incredibly empty for the past month, he hasn’t run around the streets looking for […]
Read More →Thailand Economy in danger of stalling — Credit rating agencies have voiced concerns that the political impasse could take a toll on investment if it continues, says a Finance Ministry source. Public investment under the caretaker government cannot proceed at full throttle, while the Bt2trn infrastructure and the Bt350bn water management projects have been temporarily […]
Read More →So we wake up this morning only to read about deaths from attacks at rally sites in Trat and Rajadamri/Ratchaprasong. Sad, stupid, pathetic [insert your own adjective] Thailand. Our eyes now turn to Feb 27th which will have the ruling on the THB 2 trn bill and Yingluck answering charges on the rice pledging scheme (if she […]
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