Thailand’s central bank cut this year’s growth forecast nearly by half to 1.5 per cent but sees a much brighter 2015 as the new military government tries to reinvigorate the economy after prolonged political turmoil. While slashing this year’s growth projection from the 2.7 per cent seen in March, the BOT raised next year’s growth…
Thailand’s entertainment giant, RS, not happy with junta’s free World Cup happiness campaign. Thailand’s entertainment giant, RS, where its Investor relations says the firm would like to inspire everyone to share and forward happiness, is not happy with Prayuth’s junta “Free World Cup” campaign to bring happiness to Thailand. RS, the firms that has the…
By Pooky, Thai Intel’s economics journalist The Clash: There appears to be a clash between fundamental analysis and technical analysis, in the management of the Thai economy between the Thai central bank focus on fundamentals and the Thai finance ministry focus on technical analysis. “The central bank should be more anticipatory of the future events,”…
By Pooky, Thai Intel’s economics journalist I will admit, I was surprised by the move of a Thai news agency, that focus on news for the stock market, to pull out of the so called “Politicized” Thai press association or council of something like that. Perhaps the news outlet-seek to be independent, in reporting economics…
By Pooky, Thai Intel’s economics journalist When an industry extract a “Monopolistic” type of profit from society, what can be done? Nothing much, except let in more players. Reuters just reported that the new Thai finance minister, Therachai, is planning to speed-up Thailand’s banking industry liberalization by letting in more foreign banks-particularly from ASEAN-and if…
By Stingray, Thai Intel’s national security journalist I really did not want to write this article, because so many lives were lost in last week 3 crash of Thai helicopters-all on the the same related rescue mission under very bed weather of heavy fog, high cross wind and rain. The result of all that crash,…
By Stingray, Thai Intel’s national security journalist There is a lot of talk in the past few years, in the global military industrial complex, about sustainable defense industry development. Here is proof, that at the industry that sports perhaps the best minds globally, charged with perhaps one of the most important mandates of human kind-if…
By Tammy, Thai Intel’s humanity journalist PTT Institute of Research and Technology in cooperation with the National Electronics and Computer Technology Centre will start a joint research on solar power generating. The deal was inked today, to study the efficiency of different solar modules, particularly solar cells enough for the generating of 10 kilowatts-to which…
By Pooky, Thai Intel’s economics journalist Well, I really do not know about Berkshire Hatherway very much, except I like Warren Buffet a great deal for liking to eat at McDonalds-meaning he is just so down to earth. But then Zacks just down-graded Berkshire Hatherway because of a very down to earth global problem-and that…
By Pooky, Thai Intel’s economics journalist Actually, Thailand is one of the globe’s top producer of solar-cells, as energy conservation and sustainability is a big business in Thailand. Solar cell firms in the Thai stock market have been doing quite well-and if Thai Intel remembers it correctly, Thailand is now exporting solar cells globally. Apart…
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