Research on Thai Markets in general and the SET Index
And we’re back! Market’s had a decent start to the year, where it will go from here? As usual I can see both the bull and the bear story and I’ll write more later with my random thoughts over the weekend. In the meantime, agriculture names still continue to stay strong, sugar – well it’s […]
Read More →TFF: First batch heads for cabinet. The first batch of Thailand Future Fund (TFF) units, worth 40 billion baht, will go before the cabinet for approval this month, with the initial public offering of the government’s infrastructure fund expected to take place early next year. (Bangkok Post, Bangkok Biz, 6/12/16) Poor to get B19bn cash […]
Read More →And it looks like the 4Q rally has returned this year, just a few more weeks left. I doubt that the Italian referendum will have much of a effect on the Thai market, perhaps the currency may be affected (as has been the case for the past few weeks) but equities look a ok.
Read More →Byron Wien is out with his latest monthly paper and he dissects Trump’s policies and potential impacts on the market, here’s some snippets and a link to the rest of the article Three sectors that should benefit most are energy, health care and finance. We are likely to see more drilling activity on federal lands […]
Read More →Somchai spins 5% growth view. Somchai Sujjapongse, the finance permanent secretary, said the government’s plan to issue 100 billion baht worth of government bonds to finance provincial development and stimulate the economy is expected to spur private investment worth 200-300 billion baht next year. Deputy Prime Minister Somkid Jatusripitak said on Wednesday that the government […]
Read More →We’ve seen the banking sector perform incredibly well in the US since Trump has become president-elect and further confidence in interest rates being hiked by the Fed, when would the Thai Banking see the same type of performance?
Read More →Property tax delayed over bill dispute. The government has decided to postpone enforcement of the land and buildings tax law for one year after the Council of State expressed a different view on taxation of unused land. The delay until 2018 follows disagreements between the Finance Ministry and the government’s legal advisory body, said Finance […]
Read More →So earnings season is done, Trump is in. What’s left to spook or support the markets? We have the Fed coming up and European elections, potential rebalancing by the Funds in their holdings, but in reality I think the market will be relatively quiet until the end of year. Now currencies on the other hand […]
Read More →Digital Currency I’ve been curious as to what the next change in central banking will be..we’ve had the gold standard, the removal of the gold standard leading to the fiat system being more prominent and thereby to the US dollar effectively becoming the world’s currency, the establishment of the IMF etc etc so what’s next? Sweden […]
Read More →Government approved EEC projects. 48 EEC development projects with total value of Bt7bn were approved. (Siam Rath, 18/11/16) Bangkok – Huahin high speed train to be proposed to PPP within this year. The project is 211 km long with total value of Bt94.6bn. Recently, 193.5km Bangkok – Rayong route with total value of Bt152bn was […]
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