Research on Thai Markets in general and the SET Index
And it’s outttt, here’s my fav snippets and a link to the rest of the commentary We believe that the current business cycle has at least several more years left to run. The major signs that would herald the beginning of the next recession are not yet in place. Unemployment is low and likely to […]
Read More →FIF fund inflow down. The high volatility of the market and negative return led investors to sell off the Bt47bn of the global bond fund. In the first five months, the FIF fund inflow amounted to Bt6.bn1, down from last year’s Bt80bn in the same period. Behind this is high volatility in the foreign market […]
Read More →Just look at the beautiful sea of red that is the Thai Stock market. No surprises, just the catalyst that brought it out about has been the news over the trade wars. Lets see how things unfold in the coming weeks and for those that are fundamentally focused, it’s a long way to go until […]
Read More →Fitch affirms Thailand at BBB+, outlook stable. Fitch Ratings has affirmed Thailand’s long-term foreign-currency issuer default rating (IDR) at BBB+ with a stable outlook. The rating is underpinned by solid external and public finances, which enhance resiliency to economic shocks. (Bangkok Post, 09/06/18) Consumption growth still low. The Thai Retailers Association director, Mr .Chatchai Tuangrattanapan, […]
Read More →Nothing is looking pretty out there except the hospitals which had a decent 1Q in terms in financial performance.
Read More →Revenue chief scotches VAT rise talk. THE new chief of the Revenue Department plans to add artificial intelligence (AI) to the agency’s arsenal for tax collection and has dismissed rumours of a planned increase in the value-added tax (VAT) rate. (The nation, 01/06/18) Inflation streaks to highest level in 16 months. Headline inflation in May […]
Read More →Continued weakness with the oil prices = killing 2 of the 3 sectors that has been positive for the past 2 years.
Read More →US farmers up in arms over additives ban. A group of pork producers in the US is petitioning the Office of the United States Trade Representative )USTR (to consider cutting the Generalised System of Preferences )GSP (granted to Thailand, in protest against Thailand’s refusal to import pork containing ractopamine, a cabinet meeting was told on […]
Read More →It is all about the dollar and oil at the moment. Oil prices have dropped by some -5%, watch the market drop to 1,600 levels
Read More →JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]
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