1. Food war room to monitor drought: Body to examine El Nino impact on farms. A war room to be chaired by the commerce permanent secretary will be established to assess the impact of the El Nino weather phenomenon on Thai farm products, especially rice, along with preparing measures to mitigate the effects. Bangkok Post
  2. Headline inflation edges up in July: Headline inflation was weaker than expected in July, helped by lower food and energy prices, while the Commerce Ministry projected the inflation rate in the following months until the end of the year to increase by less than 1% a month. The Commerce Ministry reported yesterday that headline inflation, gauged by the consumer price index, rose by 0.38% year-on-year in July against June’s 0.23% rise. Bangkok Post
  3. Brokers upbeat on Pheu Thai’s role in new government: Although prolonged political uncertainty has been weighing on the stock market, brokers share a positive view of Pheu Thai Party’s leadership role in forming the new government as the party has policies to drive the economy and investment through capital markets, benefitting large-cap stocks. Bangkok Post
  4. The Excise Department wants to replenish its budget to continue the subsidy for electric vehicle buyers through 2025.: Current funds set to run out next month. The Excise Department says the 2.9billion-baht subsidy to support the use of electric vehicles (EVs) will run out within September and it plans to request an additional budget from the new administration to continue the programme until 2025, says directorgeneral Ekniti Nitithanprapas. Bangkok Post
  5. Vietnam to impose anti-dumping duty between 4.65% and 32.75% on 12 Thai  sugar makers for a period of nearly 3 years from Aug 18 til Jun 15,26: Asia’s biggest sugar & bioenergy producer, Mitr Phol Sugar, and four associates co., take the hardest hit with 32.75% levy, Commerce Ministry said on Tue.
  6. Behind the power tariff decision: Lower gas prices, higher domestic supply, public input and feedback from Egat all factored in to the regulator’s decision. Currently households and businesses pay 4.7 baht per unit as a power tariff. The rate is applicable from May to August. Alower power tariff scheduled to take effect from Sept 1 not only means cheaper electricity bills for households and businesses during the last four months of this year, but also helps the debt-ridden Electricity Generating Authority of Thailand (Egat) with its plan to settle its debt. Bangkok Post
  7. SEC seeks lawsuit for insider trading: The Securities and Exchange Commission (SEC) is requesting a lawsuit against six individuals for insider trading of PTG Energy shares and filed complaints with the Anti-Money Laundering Office (Amlo) against the accused. Bangkok Post
  8. FTI announces glum export outlook: Exports may contract by more than 2% this year, following an interest rate hike by the US Federal Reserve and concerns over higher global energy prices in the winter, says the Federation of Thai Industries (FTI). Bangkok Post
  9. Credit bureau: Bad loans exceeded B1tn in Q2: Non-performing loans (NPLs) measured by the National Credit Bureau reached 1 trillion baht in the second quarter this year, the highest in 12 months, says a bureau executive. Bangkok Post
  10. Carbon from industry added to the tax mix: The Excise Department says the carbon tax structure will include carbon emitted by the industrial supply chain in the future. Bangkok Post
  1. (quote) ‘Brokers upbeat on Pheu Thai’s role in new government’ reminds me of one of the great (but really old, now) books on investing ‘Where are the Customers’ Yachts?’. Most of us invested in Thai equities are now fully aware of how a new government will need a coalition of the smaller political parties who will want their usual share of the cake. you may wish to censor this: god damn their souls to hell. may we all survive until the next election.

  2. excellent choice of medical treatment. it would definitely speed up the slow dance of death going on right now, in getting a government installed.

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