And the pain continues. I’m still thinking that at one point the oil sector is going to make a move. Saudi Aramco’s IPO is on the same date as the OPEC meeting, coincidence?

Hand-wringing over tariffs : The GSP revocation leaves everyone spinning and online forums spewing, while experts try to figure out problems with workers’ rights in Thailand and officials look to make headway with US dialogue. The US recently stunned long-time ally Thailand by revoking trade privileges worth US$1.3 billion (39.2 billion baht) under the Generalized […]

Loss of GSP privileges insignificant : Move will have little impact on exports . The latest move by the US to suspend benefits under the Generalized System of Preferences (GSP) for Thailand, which comes into effect in six months, is not expected to affect local exporters much, but further trade protectionism by Washington may be […]

And now the SET is only up +1.9% for the year. So now what? Banks – My thoughts haven’t changed on this sector for the past few years and I don’t think it will change for another 12 months (though I may wake up in the morning and suddenly have a different viewpoint) Energy/Commodity related […]

Notable Transactions Buy(s) THB 33.3 mn N/A Sell(s) THB 14.89 mn N/A

Aid package for property under way : 0.01% mortgage, transfer fees touted . An aid package for the property sector that includes a temporary cut of mortgage and transfer fees to a single rate of 0.01% for homes priced at up to 3 million baht will seek cabinet approval this month. Bangkok Post FTI lowers […]

And just look at how quickly even a large cap such as IVL can fall. It’s their margins, the normal cycle in their industry. What has surprised me this is the continued strength in the telco sector. 3Q19 #’s are starting to come out, its going to be bad reading for most firms starting first […]

Cabinet earmarks over Bt24 bn in subsidies for rubber farmers : Cabinet on Tuesday (October 15) approved a Bt24.278-billion budget for the first phase of income-guarantee subsidy for rubber farmers. The scheme aims to ensure 1.4 million rubber farmers have a stable income for six months, starting from this month until March next year. The […]