Research on Thai Markets in general and the SET Index
And so yesterday we learnt that the lockdowns are continued, surprise surprise. Now 2Q21 earnings season is finished! Though there are a million calls/videos coming up for all the investors in the markets to pay attention to … hence why there have been minimal random thoughts from me. I’ll be back on it, there’s plenty […]
Read More →Retail faces mass layoffs: Thailand’s retail market is expected to contract by 12% this year, with a million workers likely to lose their jobs if the government fails to accelerate the provision of financial aid measures to operators as well as offer domestic consumption stimulus, warns an industry body. Bangkok Post B53bn allotted for EEC […]
Read More →Note: Data as of 09/08 Have the number of “cases” officially peaked in Thailand over the weekend? Are they reporting that more people are being released from hospitals/hospitels? Is it time for the reopening trade to finally take off? I’ve been wrong on the timing on it this time (took longer than I thought), though […]
Read More →Cops cracks down on jab slot sales, after at least 7,000 ppl have bought Covid vaccination slots at Bang Sue Grand Station thru a loophole in the national vaccine recipient’s database. FTI seeks to speed up vaccinations at factories: The Federation of Thai Industries (FTI) is working to acquire more vaccines from the Labour and […]
Read More →On a USD basis, the SET is -5% for the year. Frustrated that these lockdowns are going to potentially last for the whole month of August which just leads to more market share for the big boys, higher NPLs etc etc. Supply chain’s are going to be stretched further, inventories are high for some, none […]
Read More →Export growth provides ray of light: Expansion reaches 11-year high as outbound shipments in June surge almost 44%. Despite the country facing its worst outbreak of Covid-19, exports are continuing to maintain growth momentum, surging by 43.8% year-on-year in June, representing the highest uptick in 11 years. Bangkok Post Prayut orders stimulus rejig: Prime Minister […]
Read More →Last week we were sitting in the office and thought aloud, how did this wonderful Thai Government come up with the idea to open the country on the 1st October? Note: I want to be able to fly openly throughout the world without quarantines (just like in the US and parts of Europe), so I […]
Read More →It’s a short week for the Thai market, 2 public holidays, and the case #’s continue hitting new highs. Market participants have been telling me that no one would be surprised if the daily case figures hit 20k, therefore I interpret this that there is no shock factor left, and with a special someone’s birthday […]
Read More →Strict rules bar hotels from asset warehousing scheme: More Thai hotels may opt to sell their properties if the stringent measures set for financial aid schemes, such as asset warehousing, prevent them from accessing soft loans. Bangkok Post Arkhom: Debt freeze could lengthen: Financial institutions should consider if the Bank of Thailand’s move to suspend […]
Read More →IEAT planning new park for EEC: Estate expected to create 16,000 jobs. The Map Ta Phut Industrial Estate in Rayong province, operated by the IEAT. The IEAT is planning to open a new industrial estate in Chachoengsao. The Industrial Estate Authority of Thailand (IEAT) plans to build a new industrial estate in Chachoengsao, one of […]
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