These start stops for the economy just exacerbate what my continuing themes. I have no idea what the market is going to do for the next week, there’s only 3 trading days due to the holiday season in Thailand already starting and liquidity is going to be light thereby implying either nothing happening or any […]

More EV incentives: The Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity. Thailand’s EV import tax rates vary. EVs imported from China enjoy a 0% tax rate under a bilateral agreement between Thailand […]

Nu, Xi, ok Omicron it is! The world is going through the entire Greek alphabet of variants and it looks like we will have the same playbook unleashed on the markets. What people seem to miss that if just 1-2 major countries do lock downs the supply chain (across effectively every industry) becomes materially impacted […]

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 […]