F! It’s already the end of the month, time flies. Looks like the “Tech sector” of Thailand was properly smacked this month. Then again…paying 40x for a manufacturer…well ok. I thought the value would be in the IP, perhaps the market participants will realise this. Financials and energy/resources are leading – simple – banks cheap, […]

Foreign property lures are rejected: Government still wants to entice wealthy expats. The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha yesterday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years. Bangkok Post […]

Fed hike, fed hike, fed hike – that’s all we’ve been hearing for the past few days/weeks/months. Note that they haven’t done anything yet and it’s all noise for now. I do hope they raise rates….will give us a great buying opp. Commodities haven’t stopped running…have wondered aloud at times (perhaps here) if this will […]

UOB buys four Citibank retail arms: Singaporean banking group to acquire consumer businesses in key Asean markets. Good asset quality and strong competition in the Thai consumer banking sector are the main reasons United Overseas Bank (UOB) is buying Citibank’s retail arms in four Asean markets, says an executive. Bangkok Post Highway Department to open […]

If oil prices race up past 100? Does that break the economy and the market like in 2007/2008 Does high food inflation – or every type of inflation => this government stepping down? Or is Thailand special and such things never happen here? Is the Thai tech train going to continue rocking & rolling? See […]

Smaller names continue to lead – look at the MAI. In the past week, Indonesia banned coal exports citing lack of domestic supply, Thailand is banning pork exports citing high prices, and pundits think that this supply chain issue was resolved. It’s still a ways to go.

Army probes Democrat claims of poll meddling: Army chief Gen Narongphan Jitkaewthae has ordered a probe into a report of soldiers interfering in the Democrat Party’s preparations for a by-election in Chumphon, said army deputy spokeswoman Sirichan Ngathong. Bangkok Post Tackling household debt high on govt’s 2022 agenda: The government has set its sights on […]

BoT governor hints at recovery in early 2023: State policies must be accommodative. Thailand’s economy could return to levels logged before the pandemic in the first quarter of 2023, according to the Bank of Thailand governor. Bangkok Post Price push: Office cites cost-push factors as cause. Thailand’s average headline inflation was 1.15% year-onyear and core […]

Not sure about everyone else but my mood to work is officially done. The next 2 weeks are probably going to see some random small companies being pumped by local investors, the regional and international funds have effectively closed their books unless the central banks decide to shock us with silly statements. It’s been quite […]

2 ballot change ‘problematic’: Rule rewrite may leave small parties frozen out of new system, critics say. The process to revise two organic laws on the election of MPs and political parties to reflect charter changes has begun in earnest. Bangkok Post Narongsak courted as new city governor: A source in the Palang Pracharath Party […]