Bhumjaithai aims high: Party targets 120 seats, backed by cash and solid candidate line-up. With plenty of resources and a vast supply of election candidates at its disposal, Bhumjaithai is widely speculated to outdo the ruling Palang Pracharath Party (PPRP) at the next general election. Bangkok Post IMF projects Thai growth of 2.8%: Agency calls […]

So during the shortened week the Thai market did finally wobble down, but more important is that the THB just weakened past 38. Ouch. And given that this incompetent government of the past 8 years has done nothing other than weaken the balance sheet and earnings of Thailand, there’s not much that the BoT can […]

Tourism authority mulls pushing fresh domestic travel stimulus campaign to help local operators after current package end October 31, to mitigate risk from global fx volatility. Airlines eager to reopen Japan routes: Local airlines are banking on borders reopening in Asian countries, but are cautiously planning their routes as a weak currency and high fuel […]

And so it happened, the market wobbled a bit and declined last week…this week? Probably more of the same, but I’ll continue to say this, oil.

Household debt drops to 88.2% of GDP in 2Q from 89.2% 1Q, but total value rose to Bt14.76trnl from Bt14.66trnl, as economy continues to expand. More than 6m international visited Thailand this year with a 90% surge last month alone when compared to average figures. Office of the Consumer Protection board (OCPB) has finalized the […]

Some pain finally hit the market on 03/10. Will it continue? Should we really care that much about Credit Suisse? Look at the Chairman’s name, Lehmann! We do live in a simulation, it’s just ridiculous. Are we going to see oil wake up again for the rest of the year? I’m betting so. With the […]

Weaker baht hits travel: Japan to fully reopen to Thai tourists soon. Outbound Thai travel is expected to stay subdued as a result of the weak baht, poor purchasing power and cryptocurrency losses, despite the reopening of Japan and Taiwan. Bangkok Post EV subsidy by month’s end: Excise Department underwrites scheme. The Excise Department will […]

Thai Market has been holding up well, even as the currency has been rather decimated this year…surprised? Nope….public co’s here are making $ hand over fist, same story, market share goes to the big boys and they’re all listed. Though I am wondering if we may finally see a sell-off this week…when will the insurance […]

Thailand’s customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% yoy after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in Mar, which was the highest level since records began in 1991. Fallout from an ‘economic war’: Thailand […]