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  • News & article

    Cheap oil alone cannot grease the economy

    News, Sutapa Amornvivat, Published on 21/01/2015

    » Crude oil prices have more than halved since July, with a dramatic drop towards the end of 2014 as the Organisation of the Petroleum Exporting Countries (Opec) refused to curb output. The Thai equity market tumbled because energy stocks contribute as much as 20% to the SET Index market capitalisation. But most other sectors remained flat and there are a few sectors like consumer and transportation stocks that actually emerged as winners.

  • News & article

    Hard truths behind our faltering exports

    News, Sutapa Amornvivat, Published on 16/07/2014

    » Thai exports have suffered a great fall. Exports contracted by 0.3% in 2013, and for the first five months of this year, shrank further 1.2% year-on-year. This is particularly alarming, as global trade has started picking up since the beginning of this year.

  • News & article

    Rebalancing China is possible, but at what cost?

    News, Sutapa Amornvivat, Published on 19/02/2014

    » In November, China’s new leaders spelled out the reform agenda, which is a key product of the so-called Third Plenum. The stated reforms are extensive, comprising some 21,500 words; the objective is to put China in the A-league. Specifically, China aims to double its GDP per capita by 2020 — securing its status as the world’s largest economy, just before the 100th anniversary of the Chinese Communist Party in 2021.

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