Nothing clever to say regarding the previous week, other than meh.

Monetary policy to remain accommodative: BoT chief. Thailand’s monetary policy will remain accommodative in the medium term and any rate increases will not be continuous, the central bank said on Monday. There are more financial stability risks than inflationary pressure at the moment, Bank of Thailand (BoT) Governor Veerathai Santiprabhob told reporters. (Reuters, 24/09/18) BoT […]

I’m going to keep saying it until elections occur. The news of it is making Thailand great again! A conversation with my father went along the lines of: Him: How does this really make a difference? Me: It may or may not, but the feeling will be that an elected government will be positive for […]

Govt to accelerate megaprojects as PPP. Three more mass-transit lines worth Bt400bn will go through the fast-track public private partnerships (PPP) process while two new draft laws related to PPP and state enterprise supervision would be passed by the National Legislative Assembly before the general election scheduled for February next year, said Prapas KongIed, director-general […]

Elections! Well until a date is confirmed there is still a chance for a delay, it would only be the 4th time…but here’s hoping so then the SET can go on its usual pre-election rally of +10-15%.

Dems adopt primary vote in leadership race. For the first time in its history, members will choose top-seat contender. A primary voting system intended to give the public more active engagement in politics will be adopted by the Democrat Party to decide its next leader, which could set the tone for other parties under a […]

Trump isn’t stopping with the rhetoric on trade wars, and this will probably continue until the mid-term elections in November in the US. Currencies in emerging markets continue to be smacked but the THB, believe it or not, has remained relatively strong. The USD has always been my biggest worry for the past 12 months…followed […]

Provincial airports plan service charge hike. The Department of Airports plans to raise the passenger service charge (PSC) on departing travelers on international flights at its 22 airports by 50% to Bt600. The rate for domestic flights, now at 50 baht, remains the same, he said. The airports currently charge Bt400 per passenger for international […]

Nothing much has happened post 2Q18 numbers. But its interesting to see the political rhetoric beginning to ramp up.

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