Market Update 31/03

Thailand had a little wobble from the Earthquake in Myanmar on Friday. And that’s all people are talking about….it’s incredibly odd that only the government buildings seem to have issues. I highly doubt it’s due to any corruption or resultant cost cutting in the construction process. Perhaps it’s only due to the location and Feng Shiu of those buildings and construction sites.
Missing from the news is that my 3G thesis for Thailand continues with parliament pushing through the latest draft for the casino/entertainment licenses…looks like it’s all on track for the law to come into effect by 4Q25.

