Research on Thai Markets in general and the SET Index
So September is over. The usual two difficult months of the year have passed, so what going forward? Thailand specifically, I suspect will begin to post better than expected tourism numbers during the 4Q19 – have a look at the google trends for searches on tourism sites in Thailand. I suspect export numbers will look […]
Read More →Govt speeding up megaprojects : Transport Ministry plans worth B1.94trn . The government is expediting the Transport Ministry’s mega-investment projects worth almost 2 trillion baht to stimulate financial flows and deal with anticipated volatility in the global economy next year. Bangkok Post Shipments down 4% in August on weak demand : Strong baht and glut […]
Read More →The month of September has proven to be another rubbish month for the markets. Its interesting to see how well the tech sector specifically ADVANC has performed this year despite the fact there is effectively zero growth left in their main business.
Read More →I’ve been traveling throughout the region the below is just compilation of observations and thoughts I’ve had from sitting in a coffee shop, talking to people, and randomly staring at the sky. Naturally do not expect anything but poorly discombobulated rambling. China -> SE Asia. With China wanting to be less of an export manufacturing […]
Read More →MPs urge charter change : Govt, opposition file motions for debate. A group of Palang Pracharath Party (PPRP) MPs yesterday tabled an urgent motion to the House of Representatives to push for amendments to the constitution. Bangkok Post India mulls import tax in RCEP talks : India plans to propose the imposition of “safeguard tax” […]
Read More →I find it rather fascinating that there hasn’t been more talk about the new Sustainable Equity Fund (SEF) which is supposed to be approved the government and then replace the Long Term Equity Fund (LTF) and be enacted next year. So, here’s a quick Q&A about it. What is the LTF? The LTF is an […]
Read More →So we are in my favourite month for when $hit hits the fan in global markets. The latest oil price spike…well what does this mean? What if one can say oil prices were high in 2007, US markets were at ATH, the Fed was cutting rates…mirror scenario now? Or Oil prices increase + soft commodity […]
Read More →Fresh perks to attract FDI : The economic cabinet yesterday approved the Thailand Plus package to woo foreign firms looking to relocate production amid the snowballing Sino-US trade war. Bangkok Post Retailers to stop handing out plastics : Giant retailers, plastic manufacturing titans, and department stores reached an agreement yesterday to stop handing out single-use […]
Read More →Part of me is of the viewpoint that with the Saudi’s continuing to cut oil output, or at the very least maintaining the cut, we could see oil prices remain firm/to slightly higher over the next few months. Should that be the case then well perhaps the SET could go over 1,700 in the near […]
Read More →And there we go, thats 2Q19 earnings for you – 18% for the SET. A lot of it is driven by the decrease in the industrials & petrochemical sector which could be arguable the inventory losses, but it’s a sign of the issues facing the companies listed on the SET and the MAI. The only […]
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