Survey: Capacity at 55% in H1 – The weak global economy has led to declining orders from overseas importers, forcing Thai industries to cut their production capacity and overtime payments to employees, reports the Employers’ Confederation of Thai Trade and Industry (EconThai). EconThai’s survey showed overtime payments in the first half of this year dropped by 21.1% because of […]
Read More →The evil chinese are devaluing their currency to ruin the world! Right…that’s the headline I’ve been reading the past few days, and this is the only chart that I care about at the moment. And these quotes from El Erian China is now following a path that many other advanced and emerging economies have been attempting […]
Read More →ANAN ANAN launches 4 new projects worth of Bt11bn. It has set a presales target of 40% per project within Aug 12-16. It is cooperating with Thai Samsung Electronics. (Khao Hoon, 14/8/15)] Comment: And they’re spending quite the small fortune on marketing these projects, you can see their advertisements everywhere in Bangkok ATP30 ATP30 IPO […]
Read More →The image below does explain a lot in terms where FDI is going within the region, for the 2nd largest economy in ASEAN, Thailand hasn’t been able to attract the #’s that one would expect, I wouldn’t be surprised in 5 years to see Vietnam attracting far more capital than Thailand. Source: Bangkok Post
Read More →AOT AOT says there is no impact from the Chinese yuan depreciation. Growth in Chinese tourist was 10-14% for eight months. (Post Today, 13/08/15) Comment: For once, I concur with this government enterprise. ARROW ARROW reported 2Q15 earnings of Bt56mn (+92%YoY). It plans to pay an interim dividend of Bt0.15/share, XD on Aug 21. It […]
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