ThaiCapitalist – general posts.
Overseas sales fell 8.8 percent in July from a year earlier, the biggest contraction since September 2009, the government reported today. The median estimate in a Bloomberg News survey was for a 3.7 percent decline. Consumer prices rose 1.5 percent, less than all 16 estimates in a Bloomberg survey. The Kospi Index (KOSPI) snapped a […]
Read More →Thailand’s economy still expanded in June but at a lower rate b/c of Europe but it was good to see domestic demand and tourism expanding stronger than most peoples expectations. Just quickly: Manufacturing – contracted by -9.89% (Europe) Consumption – PCI rose +4.4% Investments – PPI rose +18.3% (Auto industry mainly) EXIM – Exports declined […]
Read More →The foreign ownership law in Thailand has always been a grey area through the use of nominees. Telenor has decided to restructure its holdings within Thai Telco Holdings. Currently DTAC’s major shareholders are as follows: Thai Telco before was structured as follows: And now the new structure is as follows: So the issue in the […]
Read More →Positives: Thai Bank earnings across the board are up +20% US June housing starts rises to most since Oct ’08 Negatives: Spanish bond yields spike to euro record high and the government keeps saying they are out of money. Netherlands, France, Belgium, Germany, Switzerland and the EFSF are getting paid to borrow money, signs of […]
Read More →Came across this website, http://www.thewealthreport.net over the weekend it has an interesting analysis of the wealth changes globally with some pretty infographics and a rather indepth look at all things investment and wealth management related in its latest report for 2012. Source: The Wealth Report
Read More →Two days ago the Ministry of Commerce announced the inflation figures for June 2012, +2.56% YoY up from 2.53% in May. Anything interesting? House and furnishing prices increased 0.28% MoM (function of an increase in construction materials, rental fees, water and electricity chargers) Food and beverage prices remained flat Going forward? We’ve mentioned continuously that […]
Read More →According to the MoC, May exports expanded 7.7% to US$20.9 bn, increasing from the -3.7% YoY in April and on a MoM basis +23.7% as most industries have resumed normal operations. Just briefly: Industrial product exports (reps 73.2% of exports) was +9.5% YoY w/ autos +83.5%, electric appliances +11.8% and electronics parts +10.9% Agri products […]
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