Market Update 18/09
The market stuck in a range, the bull story I’ve raged on about for a while 1. Commodities 2. New government policies, the bear story 1. Higher rates 2. A weak global demand situation
Let’s see.
The market stuck in a range, the bull story I’ve raged on about for a while 1. Commodities 2. New government policies, the bear story 1. Higher rates 2. A weak global demand situation
Let’s see.
peter satrapa-binder
another maybe somewhat of a bear story, at least for export and foreign investment: the promise of a much higher minimum wage by phuea thai. sure, on one side workers in thailand are currently paid quite miserably; on the other side, how big will the impact of nearly doubling the minimum wage for thai manufacturers be?
Pon
It can be offset by a declining THB and more automation.
peter satrapa-binder
probably, yes, but first companies have to invest in this additional automation.