Research on Thai Markets in general and the SET Index
Its rare that the BOT chief will be interviewed on Bloomberg there are one or two decent responses from K. Veerathai regarding the economy and the currency, so enjoy part of the transcript and a link to the rest of the article/video. Question: How concerned are you about a possible protectionist backlash? Answer: In […]
Read More →It is Songkran week and what that should mean is very very very low trading volumes.
Read More →The Minister of Transport confirms progress of rail projects. The contracts for the Pink and Yellow lines are expected to be signed in April. Three more lines (south-bound Purple, eastbound Orange, and Bangkhae-Budhamonthon Blue) worth Bt237bn will be submitted to the cabinet for approval in June. (Kao Hoon, 05/04/17) The State Railway of Thailand board […]
Read More →Well the timeline to the most democratic elections in Thailand’s history is becoming clearer, here’s a table from the clever folks of Maybank Kimeng detailing the events. Fig 1. Roadmap to democracy based on our expected dates Aug-16 Constitutional referendum. Aug-16 Amendment of charter draft by adding provisional clause that the junta’s senators will join […]
Read More →I do wonder quite often about the ICT sector these days, a dog for 12 months + could valuations be attractive at these levels? YTD it has been one of the best performers.
Read More →Notable Transactions Buy(s) THB 32.5mn N/A Sell(s)Â THB 81.6 mn N/A
Read More →A new Excise Tax Act will come into effect this September, the top Excise Department figure said. Somchai Poolsavasdi, director-general of the Excise Department, said the newly drafted Excise Tax Act will come into effect 180 days, or September 16, after the bill was publicised by the Royal Gazette on March 20, according to a […]
Read More →A wonderful opinion piece/article on Trump, the US government, the issues its facing, the economy. Just wonderful. Here are some snippets and a link to the rest of the paper As I said at the beginning, there are three impediments to the Trump administration making significant economic progress in its first year. The first is […]
Read More →It’s rather interesting to see that the dogs of the last 12 months are beginning to turn into the darlings, dare I say there could a rally in the telco sector, followed by the finanials/securities performing well?
Read More →Gross is still stating the negatives of the levels of credit in the US and China. Here are my favourite snippets and the link to the rest of the letter My lesson continued but the crux of it was that in 2017, the global economy has created more credit relative to GDP than that at […]
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