Much is made of Thailand’s economic fundamentals but the fact remains that the current political turmoil will only dampen economic activity, chase away tourists and investors and weaken the country’s overall performance. Here are a few comments on the likely impact on the economy, these have all been made very recently, but not in response [...]
Entries Tagged as 'markets'
May 14th, 2010 · 14 Comments
March 8th, 2010 · No Comments
By GREG LOWE IN BANGKOK THAI-LISTED companies saw net profits surge by 42 per cent last year to 446.51 billion baht (S$19.13 billion) on sales totalling 6.39 trillion baht, the Stock Exchange of Thailand (SET) says. The top-performing industry groups were resources, finance, and property and construction respectively, with PTT, Siam Cement, PTT Exploration and [...]
Choking on the medicine – Capital will likely flee from western markets bloated with stimulus funds but mired in a weak recovery to Asia’s relatively higher interest rates and surging growth.
February 2nd, 2010 · No Comments
Low interest rates and excess liquidity in Western economies could result in Asia’s markets falling prey to asset bubbles and speculation throughout the coming year, leading international and regional financial experts say. Relatively high interest rates and plentiful opportunities will increasingly spur western investors to look to Asia. The International Monetary Fund forecast the region [...]