Thailand Revenue falling short — The Ministry of Finance reports that revenue in the first six months of the tax year (Oct 13- Mar 14), tax revenue for the government was Bt964bn, missing the government target of Bt1.024tn. (Kao Sod, 16/04/14) Caution over household debt — Banks say household debt levels are worrisome, with forecasters […]
Read More →“As a citizen of the country I am worried, but as an investor I’m not” I heard this quote last night over drinks and I think it perfectly sums up a lot of viewpoints on Thailand and its market today. If you had closed your eyes over the past 6 months and just came back […]
Read More →CPF CPF says sales and net profit in 1Q14 were strong. It is confident that sales will hit Bt450bn this year, up 10-15% YoY. (Khao Hoon, 18/04/14) Comment: No doubt on the sales growth, however with corn prices crawling higher, margin improvement may not be as good as they expected EARTH EARTH expects revenue of […]
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