Local press reports Thailand’s economic growth would continue to slow this year and the outlook remains uncertain due to continued political tensions, while global growth is also lacking vigour, according to the World Bank. The World Bank forecast for Thailand’s economic growth has been slashed to 2.5 per cent from 3 per cent in April,…
“We are an economic force to reckon with,” says Sihasak Phuangketkeow, Thailand’s Permanent Secretary for Foreign Affairs, at the ongoing Shangri-La Dialogue in Singapore, meaning, Thailand is threatening the globe, with its economic power. Before the Thai 2014 Thai Coup, Thailand’s junta head, Prayuth, said over and over, “There will be no coup, and a…
Navigating investments, through the twist and turns of Thia politics, can be a chalenge. Even the iconic, emerging market guru, Mark Mobius, said several monehts back, he does not know what will happen in Thia politics. Thailand’s army chief, Prayuth, reports several press, has given a meeting of all sides in the Thai political divide…
Many globally, are predicting El Nino, this year, meaning little water, threatening grain production and to push up grain prices. Yingluck has been toppled from power and what remain, is a shadow of her government. Yingluck came to power on a number of populous policy, like a farm subsidy, that helped raise rice farmers income.…
With many analysts saying that consumer confidence in Thailand is evaporating, and the Thai army shocking the system with a Martial Law invocation, the fashion counter at the Thai stock market, was the only “blue” in a sea of nagative price fall “red.” Perhaps, freakanomics is hitting Thailand. “Consumption” counter at the stock market, also…
Thai army chief, Prayuth, today, invoked Martial Law, and so far, media and protest freedom has been curbed. Prayuth cited an intention to keep law and order in Thailand, as Thailand, according to many local and global press, was entering a crunch-time, as Democracy & the Establishment’s Suthep brand of Fascism, were on collusion course.…
Wondering, why Thailand’s economy and business is turning sour, and consumer confidence is tanking badly? You do not have to take my word for it, but please do a deep Google search, as a few years back, the US$ billionaire, iconic global class investor, Warren Buffet, said something interesting. Buffet, then made some remarks, that…
The World Bank is still optimistic about the Thai economy growing at between 2.5% and 3%, but unfortunately, as many have noted, Thai SMEs are starting to feel the pain of the Thai political crisis. And as many noted, SMEs is where a great deal of a country’s entrepreneur activity is located. Entrepreneurs are, of…
A few days ago, I was told of a story, about an attempt to break Thailand “Political Grid-Lock.” This is mainly a political report, but it is also an “Economic” one, as the story is about “A Desperate” head of a large Thai conglomerate, involved in engineering work. A Chulalongkorn University, where the university is…
In a recent poll, by KBank, of 1,000s of corporations in Thailand, found that about 60% of them, a record level, is heading “Out-Of” Thailand for investments, because of the Thai political crisis. Also at about the same time, Thailand’s central bank governor, Prasarn, said Thailand can withstand the political crisis, in the short-term, because…
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