Research on Thai Markets in general and the SET Index
Shutdowns prompt call for aid : Uttama wants relief for ailing businesses . In the wake of a spate of business shutdowns, Finance Minister Uttama Savanayana has instructed specialised financial institutions (SFIs) to roll out assistance measures for their ailing business customers. Bangkok Post Govt could seize land in Pareena case : Deputy Agriculture Minister […]
Read More →And so all 3Q #’s are out, guesstimate is that they are -19% YoY for the market. What’s left for this week? Well its politics fun time! On the 20th November the country will learn whether or not FFP will be disbanded as a political party. My thoughts? This would be positive for the markets […]
Read More →Future Forward on thin ice : Charter court has power to break party up in crunch Nov 20 ruling. All eyes will be on the Constitutional Court on Nov 20 when it delivers a ruling which could make or break the embattled Future Forward Party (FFP) leader Thanathorn Juangroongruangkit in a mediashareholding case. Bangkok Post […]
Read More →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?
Read More →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 […]
Read More →Part of me is contemplating that a 2-3 year bull market may be coming in the commodity space, particularly oil and coal…very hated sectors at the moment.
Read More →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 […]
Read More →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 […]
Read More →Notable Transactions Buy(s) THB 33.3 mn N/A Sell(s) THB 14.89 mn N/A
Read More →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 […]
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