Showing 1 - 10 of 13
Govt rice losses: 130 billion baht, not 34 bil
Jon Fernquest, Published on 17/06/2013
» Low estimate didn't include market value of unsold rice in storage. Rice is perishable & falls in value so market value is real value (mark-to-market).
Capital controls: Govt & central bank working together
Jon Fernquest, Published on 29/05/2013
» Short-term investment money flowing into Thai stock & bond markets from US, EU & Japan QE monetary policy causing strong baht, hurting export sector.
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
SET index dives 50.55 points
Published on 22/03/2013
» Thai stocks plunged 3.3% on Friday, their biggest one-day decline since October 2011, on investor concern that regulators may increase margin requirements for trading to curb speculation.
Government control over central bank?
Jon Fernquest, Published on 20/02/2013
» Will long-term inflation control goals of central bank bow to govt belief that cutting rates will help weaken baht & exports?
Virabongsa as central bank chairman: Conflict ahead?
Jon Fernquest, Published on 15/05/2012
» Appointment of economist pushing for big changes (monetary policy, foreign reserves, sovereign wealth fund) may lead to conflicts.
End of central bank independence?
Jon Fernquest, Published on 30/03/2012
» Everyone wants a weak baht for cheap competitive exports, but there is a limit to what can be done point out central bank bank head & economists.
New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
Hide the government debt? (like Greece)
Jon Fernquest, Published on 20/01/2012
» Heed central bank & international financial markets warns outgoing Finance Minister Thirachai (former central banker & securities regulator).
Shift govt ownership of PTT & THAI to Vayupak Fund?
Jon Fernquest, Published on 18/01/2012
» Selling 2% of PTT to reduce govt ownership from 51% to 49% to erase govt debt so govt can borrow more to finance flood-prevention infrastructure.