The Giants keep growing their market share, CPN has acquired SF from MAJOR. The other giants are letting their competition go bankrupt (hotels and F&B are an easy example of this). Market wise – It’s driven by Covid Politics for the rest of the month. Earnings season has started, so you’ll see less buying/selling by […]

Govt lambastes US for TIP downgrade: The government has expressed disappointment and criticised the United States’ decision to downgrade Thailand in its annual worldwide human trafficking report. Bangkok Post State Railway to sell bidding envelope for Bt78b Southern Purple Line, 6 contracts in total, from 5-7 Oct. CK, STEC, UNIQ, and ITD are expected to […]

I don’t think it’s been well noted that the THB has depreciated versus the USD by ~4-5% over the past 3 weeks. If you look in USD terms, the SET is only +2.3% for the year. Should there not be another round of covid noise in the country, reopening theme, thai hemp, commodities will all […]

Insurance companies will likely stop making lump sum Covid insurance payments as the number of local cases has surpassed 200,000, leading firms to review the processes of their products, says Anon Vangwasu, president of the Thai General Insurance Association (TGIA). PM orders B7.5bn of aid: Prayut ‘unfazed’ by flak over new curbs. Prime Minister Prayut […]

And its round 4 of trading COVID incompetence in Amazing Thailand. There’s no point being angry with them, accept it and move capital accordingly. The supply chain disruption story is still in full effect, look at container rates, shipping rates, commodity price movements. To those wondering…I place a high probability to oil being 100+ over […]

A million doses of Sinopharm vaccine has arrived, as part of an alternative vaccines, imported by Chulaporn Royal College, ready to administer by June 25. Ceiling interest rates of consumer loan products, which are currently over 20% p.a., are expected to be reduced by at least 1-2%, following calls by the Government for the BOT […]

A little wobble because of a Fed meeting last week. I don’t see anything negative happening other than the usual newsflow. They can’t stop printing. Watch for a tonne of positive news coming out over the coming weeks in Thailand, vaccine rollout’s, reopening, traffic flows, domestic quarantines lifted in the provinces etc etc. People will […]

Even though key government figures have played down speculation about a House dissolution and the possibility of an early polls, parties, both old and new, are gearing up for a ballot battle, with all eyes on the joint parliamentary session on June 22-23 to debate charter change proposals. State Railway to sell TOR for Bt78.8b […]