Aiiihhheiii, I mean Achoo! Thailand… sell the bits that go into the technology boom, then queue up to buy the phone. Wonderful. But are we actually getting richer or just upgrading the camera we use to complain about the economy? A bit of AI, a bit of Apple fever, and the usual question… where’s my […]
Read More →Grok This briefing draws from recent reporting by Bangkok Post, Reuters, The Nation, Thai Examiner, Thai PBS-related outlets, company disclosures, and parallel English/Thai X monitoring. Context: Anutin Charnvirakul (Bhumjaithai) leads a majority coalition after the February 2026 election (Bhumjaithai ~193 seats; People’s Party second; Pheu Thai third). A no-confidence debate is scheduled for 7–11 December. […]
Read More →Note: This week Thailand’s big co’s and the G both discovered the same magic trick… move money from the left pocket to the right pocket and call it a strategy. So sit back, grab sticky rice and some moo ping and enjoy. Petchem marriage SCG Chemicals (SCGC) and PTT Global Chemical (PTTGC) are combining their […]
Read More →There’s only 9 that I found interesting. BOT’s expected to leave its benchmark rate unchanged at 1.00% on Wed Oct 28. Inflation remains within the 1%-3% target despite elevated oil prices, giving the BOT room to hold. Bloomberg. The BOT ordered banks to enhance due diligence on same-day cash deposits of Bt5m ($148K) or more […]
Read More →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 →Its 1Q13 earnings season and YoY comparisons are looking good b/c of last year’s low base (just a few months post the floods in 4Q11), going forward with the BoT looking to curb ST investments in the bond market resulting in the Thai baht finally weakening and no news flow locally, we wouldn’t be surprised […]
Read More →As much as I like to throw mud at the central bank of Thailand. While having a discussion with a friend yesterday regarding investments, he brought up a point stating that the Central Bank of Thailand’s foundation is one of the key reasons that Thailand has done so well and through its inflation-targeting has been able to […]
Read More →The BOT held its last MPC Meeting on the 28th November 2012 and unanimously voted to maintain the 2.75% policy rate for the following reasons: 1) The world economy is more stable with recovery signs reflected in the US and Chinese economic numbers for October that have beaten market estimates, especially in the US property […]
Read More →Well then, first on the 14th of this month the BOT Governor comes out publicly saying “Thailand doesn’t need an interest- rate cut as credit growth is accelerating and domestic demand is countering a slowdown in exports, central bank Governor Prasarn Trairatvorakul said.” Source: Bloomberg And then on the 18th of this month, the BOT […]
Read More →Last week the Bank of Thailand (BOT) announced that it would keep its benchmark rate unchanged at 3.00%. This follows 25-bp cuts each in November and January previously. Now I’ve mentioned this before, the BOT will not increase interest rates UNTIL they see the economic figures for Thailand improving and this will not be the […]
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