Research on Thai Markets in general and the SET Index
Donald Rumsfeld referred to Europe as “Old Europe” years ago in a speech and its something that has stuck in the back of my mind ever since. Population demographics of a country is tremendously important for the growth of a country and this is why SE Asia is still a fantastic place to be investment […]
Read More →Saw this on twitter earlier from @edconway, its a table from the Bank of England showing which global indicators matter the most and in the end JP Morgan’s global manufacturing PMI numbers are important, whilst the Baltic Dry Index is just meh. Source: Twitter
Read More →What a rebound! Crisis over! Well that was quick wasn’t it? Strongest rebounds were seen in the financials, prop and the tech sector, consumer products haven’t done so well. Â
Read More →We awoke this morning to news that Larry Summers has taken himself out of the running for the Fed position, whats happened? US dollar weakening, Asian markets are up, Dow futures up over 1% but oil & gold look flat  The Association of Securities Companies (ASCO) looks to lower the amount that local prop […]
Read More →Thailand Mixed response to duty cut plan – While winning support from importers and tourism operators, the Finance Ministry’s plan to axe the import tariffs on some designer goods has drawn strong opposition from many local manufacturers of luxury products. (The Nation, 10/09/13) Start-ups jump 19% in 8 months; closures down – In spite of […]
Read More →Last week the market begun rebounding, however it’s still down 4% YTD, the biggest drag this year is still the agro&food industry with only the tech sector remaining positive.
Read More →Thailand Fundamentals still sound despite slowdown, says BoT- Thailand’s economic fundamentals remain sound despite a continuous decline in July on the back of a slowdown in private consumption, exports and manufacturing output coupled with a current account deficit, says a Bank of Thailand official. The central bank’s senior director of macroeconomic and monetary policy, said […]
Read More →The month of August was wooooooooooooooooo! Filled with news of tapering, slow down and what not, no sector of the market was safe although energy barely dropped @ -0.7% for the month. Worst hit? Tech.
Read More →Thailand FDI falls — The BoI says that FDI for the first half of the year dropped to Bt450-550bn due to the slowdown in the economy and exports. In the first seven months, applications have lowered by 15%; Japanese investors were still the number one investors. (Krungthep Turakij, 26/08/13) Tax revenue may miss target as […]
Read More →Well I think that the chart speaks for itself here, basic finance is that if the “risk free rate” increases then discount rate increase then valuations decrease..zzz..financial theory I know. But its true. Source: Bloomberg
Read More →