Thailand

Thailand on edge ahead of Yingluck verdict

(Aug 25): A top court in Thailand will rule Friday on charges of negligence against former Prime Minister Yingluck Shinawatra, a verdict that risks rekindling political tensions in Southeast Asia’s second-biggest economy.

Broker's Calls

KFC acquisition may attract uncertainties for ThaiBev: DBS

SINGAPORE (Aug 11): DBS Vickers Securities is maintaining its “buy” rating on Thai Beverage (ThaiBev) with an unchanged price target of $1.07.

Priced out from home market, Chinese swoop in to buy Thai real estate

(Aug 3): Mainland Chinese are snapping up more properties in Thailand for both personal and investment purposes, after being priced out of the market in big cities at home, developers in the Southeast Asian country said on Wednesday.

Broker's Calls

A series of unfortunate events for Duty Free International

SINGAPORE (July 14): CIMB is downgrading its rating on Duty Free International (DFI) from “add” previously to a “hold” with a lower target price of 33 cents.
From Bloomberg

These 3 Asia markets have not bounced back on track since crisis 2 decades ago

(July 5): Three stock markets have never returned to the peaks they achieved in the years before the Asian financial crisis triggered a region-wide sell-off two decades ago.

Currencies

Thailand’ ‘super-baht’ may be too strong for its own good

BANGKOK (June 30): Two decades ago, Thailand became ground zero of the Asia financial crisis, when its government scrapped a dollar peg with the baht, a devaluation that unleashed a wave of speculative attacks on other regional currencies and shook the gl

Aviation & Engineering

Thailand's tourist boom puts a strain on its airports

BANGKOK (June 28): Thailand’s tourism bounty comes with a big challenge for the head of state-run Airports of Thailand Pcl: expanding passenger capacity in Bangkok by about the size of South Korea’s population.

Top regional stocks to watch as transport infrastructure spending shifts up a gear

SINGAPORE (June 23): With the Asean-5 looking to improve their global competitiveness in the years ahead, HSBC Global Research is anticipating a regional shift in spending from power and telecoms, to the largely-neglected transport infrastructure segmen
From Reuters

Thailand says $61 bil project can link to Xi's Belt and Road

(June 22): Thailand said a US$44 billion ($61.1 billion) plan to add infrastructure and upgrade industry on its eastern seaboard can link up with China’s Belt and Road Initiative, as part of a push to encourage economic growth.

Singapore economy

Steady domestic demand to continue driving Singapore’s growth in 2017

SINGAPORE (June 22): The Institute of Chartered Accountants in England and Wales (ICAEW) has forecasted a higher gross domestic product (GDP) growth of 2.7% for Singapore this year, citing improved growth dynamics and the ongoing recovery in global trade.
×