Industry Update 09.07.12 to 13.07.12
Last week the markets were positively buoyed due to the Thai Constitution Courts throwing out several petitions as well as several global central banks continuing to cut rates further.
Read More →What happened this past week?
Positives MSCI Thailand reported the 2nd largest inflow of $133mn after MSCI Philippines Thai Constitutional Courts throw out petitions Ireland issues bonds (yes it was last week but I don’t believe this is getting enough press, only 2 years since its wipeout and its already issuing bonds at yields lower than Spain) AOT continued to […]
Read More →Constitutional Court throws out petition against charter amendment bills
Thailand’s Constitutional Court has today thrown out each petition case filed regarding the charter amendment bills. On the proposed amendment of Section 291 to set up an assembly to rewrite the entire constitution, the court ruled that this cannot be done, because the 2007 constitution received the people’s endorsement through a public referendum. Therefore, a […]
Read More →Asian car makers coming on strong in the US
While not related specifically to Thailand its quite interesting to see the trend in the US regarding its auto sales and which manufacturers are thriving. The Nikkei reported on July 4, 2012 that the U.S. auto market continues to rebound. Sales figures are slowly returning levels not seen since the Bush Jr era. The total of number […]
Read More →Sector Update – 02/07/2012 to 06/07/2012
The market recovered nicely last week on the back of Euro news and central banks loosening their wallets and despite negative PMI numbers from Europe and China. But going forward expect the usual confusion within the market between additional liquidity from central banks vs continuing -ve econ news. Over the next 5 weeks all 2Q12 […]
Read More →Management Trades – 02/07/2012 to 06/07/2012
Last week was quite quiet in terms of management trade activities, have a look below for only 2 notable transactions Buy(s): IHL – A director buys Bt. 64 mn worth of shares in her co. Interhide is linked closely to the automotive industry here in Thailand supplying hides to several of the auto manufacturers. Sell(s): […]
Read More →The Wealth Report
Came across this website, http://www.thewealthreport.net over the weekend it has an interesting analysis of the wealth changes globally with some pretty infographics and a rather indepth look at all things investment and wealth management related in its latest report for 2012. Source: The Wealth Report
Read More →On with the show: Pico benefits from global network
Pico (Thailand) Plc (PICO) is a member of the worldwide network of Pico Far East Holding Limited, a world leader in the trade show and exhibition industry with 35 branches in 23 countries. CEO Silchai Kiatpapan discusses the company’s strategy and outlook. What is Pico’s business model? Starting 30 years ago, our group’s assets and […]
Read More →