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THAILAND

Santa Claus Rally: Is December the Best Time to Trade?

Published on 25/12/2024

» As the year comes to a close and the festive spirit sets in, many traders either pause to enjoy the holiday vibe or see it as an opportunity to capitalize on unique market dynamics, like the Santa Claus Rally. Let’s explore what the Santa Claus Rally is, whether December is an optimal trading period, and how holiday trading hours can impact your strategies.

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GENERAL

Ministry touts New Year sale

Business, Phusadee Arunmas, Published on 18/12/2024

» The Commerce Ministry is launching the New Year Mega Sale 2025, offering discounts of up to 80% on more than 40,000 products and services from over 300 different vendors, including manufacturers, department stores, convenience stores and online marketplaces.

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GENERAL

Analysts dubious of CP Axtra project

Business, Nareerat Wiriyapong, Published on 18/12/2024

» SET-listed CP Axtra (CPAXT), a wholesale and retail business unit of Charoen Pokphand (CP) Group, plans to invest 12-15 billion baht in a mixed-use real estate development project that has analysts concerned about the company's debt burden and corporate governance.

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PROPERTY

AssetWise keen on projects in Pattaya

Kanana Katharangsiporn, Published on 16/12/2024

» SET-listed developer AssetWise plans to launch 1-2 projects annually in Pattaya, with a combined value of 2 billion baht, aiming to capitalise on strong demand from diverse buyer segments, particularly foreigners.

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MOTORING

Ford to expand investment despite weak car market

Business, Lamonphet Apisitniran, Published on 11/12/2024

» Ford Thailand, the production and distribution arm of US-based Ford Motor, plans to continue expanding its investment in Thailand despite the slowdown in the domestic car market.

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PROPERTY

Foreigners drive Phuket condo segment

Business, Kanana Katharangsiporn, Published on 11/12/2024

» Strong demand from foreign buyers continues to draw Bangkok-based developers to Phuket's condo market as they seek diversification from weak local demand.

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THAILAND

Klong Toey's Lao Market in Bangkok demolished for bus stop

Supoj Wancharoen, Published on 02/12/2024

» The Lao Market in Klong Toey district of Bangkok is being demolished to broaden the pavement and install a bus stop, according to the Bangkok Metropolitan Administration (BMA).

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OPINION

Elon Musk and his US$2 trillion fiscal fantasy

News, Jeffrey Frankel, Published on 27/11/2024

» When the US presidential election was called for Donald Trump, the yield on ten-year US government bonds increased from 4.3% to 4.4%, and the 30-year-bond yield rose from 4.5% to 4.6%, with both remaining at those levels ten days later. As the bond market declined -- higher yields mean lower prices -- the stock market rose. Clearly, investors expect the next Trump administration to produce higher government budget deficits and more debt.

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GENERAL

Economic recovery to boost books

Business, Kuakul Mornkum, Published on 20/11/2024

» The Thai publishing market looks promising in 2025 because of the local economic rebound, according to the Publishers and Booksellers Association of Thailand (Pubat).

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PROPERTY

Sena pioneers condo ‘subscriptions’

Published on 19/11/2024

» SET-listed Sena Development has introduced Thailand’s first subscription model for condominium units to capitalise on the preferences of the new generation, who prioritise affordability, flexibility and a trial run before committing to ownership.