Energy Regulatory Commission (ERC) hiked Ft rate by Bt 0.139 to Bt 3.78/kwh for electricity sell period of Jan-Apr 22 to incorporate with high gas px, BGRIM, GPSC, GULF, ROJNA are expected to benefit the most, tabloid. Unemployment rate hits 2.25%: Covid-19 measures bump up figures. The rate of unemployment jumped to 2.25% in the […]

Well that was a fun day watching the news of DTAC and TRUE finally hit the wires properly. After nearly 6 months of going back and forth it’s effectively confirmed. Here’s a thread I put out since Friday til this morning Now for the Thai market overall. It looks like the 3 big sectors that […]

Central bank expects spike in NPLs: BoT anticipates bad loans will be contained under banking sector’s strong risk management. The Bank of Thailand (BoT) expects higher non-performing loans (NPLs) in the local banking system after banks relaxed debt assistance measures, but the bad loans are expected to be contained under the strong risk management of […]

Earnings season over by tomorrow, lots of positive surprises in the IT, bank and property sectors. Expect a post on this by the end of the week. Market wise – protests over the weekend with another protestor shot – but not killed, therefore nothing negative. It’s still a risk in the back of my mind…a […]

Measures to assist 3 insurers: The Office of Insurance Commission (OIC) approved liquidity enhancement measures for three insurance companies, namely Syn Mun Kong Insurance (SMK), Thai Insurance and One Insurance, to help them pay outstanding Covid insurance claims. Bangkok Post Government slashes contribution to energy conservation fund collected from the retail price of gasoline and […]

Tourism is coming home, its coming home, its coming, tourism is coming home. This may very well date me, but Thailand has reopened, granted with some rather strict restrictions though nothing in comparison to what we see regionally. As long as the expectations remain that tourism is coming back, it’ll help to drive every reopening […]

Govt bans rallies ahead of kingdom’s reopening: The government has issued a fresh order banning rallies and activities deemed at risk of spreading Covid-19 across the country ahead of the kingdom’s upcoming reopening to international travellers. Bangkok Post Suvarnabhumi to welcome 30K passengers on Monday: The Airports of Thailand (AoT) says its six international airports […]

“And Thailand has re-opened! To 60+ countries! Wait where are the tourists, why aren’t they here yet? Ok sell all tourism plays. And let’s go for a drink” That’s the conversation that the market is having. We’re in the midst of earnings season…no surprises yet. There was a pop during the week for the property […]

China, India to be invited to join development efforts: Thailand, Indonesia and Malaysia will deepen economic and logistic cooperation under the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) with a plan to invite China and India into the partnership. Bangkok Post BoT eases mortgage LTV ratio: Move aims to boost property sector. The Bank of Thailand (BoT) has […]

Banks banks banks – hey the #s were amazing – no surprise – BOT policies allowed for them to hide NPLs and kick the can down the road for the next 5-10 years. Watch them slowly provision all their issues every q and how magical the figures will be. Now throw in the higher interest […]