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Showing 1-4 of 4 results
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All that glitters in CLMV markets is not gold
News, Sutapa Amornvivat, Published on 22/06/2016
» At the annual SCB EIC Conference held earlier this month, I mentioned the exuberant growth of our neighbours: Cambodia, Laos, Myanmar and Vietnam (CLMV) as a catalyst for service businesses in Thailand. Recently, our government has also initiated a business council among CLMV and Thailand to facilitate information sharing and troubleshoot trade and investment challenges facing private investors. This is a good effort to find a new source of growth to revitalise the Thai economy.
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AEC puts Thai public healthcare at risk
News, Sutapa Amornvivat, Published on 20/05/2015
» Amid all the handwringing that Thailand has lost its export mojo, let's keep some good news in mind. In "exports" of services, a few Thai industries are thriving. Healthcare is especially successful, thanks in part to inbound medical tourism, which has helped Thai private healthcare providers enjoy solid growth for five years. During this time, the industry's listed companies have consistently outperformed the rest of the Thai stock market.
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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.
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How to build a sustainable tourism future in Phuket
News, Sutapa Amornvivat, Published on 24/12/2014
» Phuket's vision has major consequences for the nation's economy. Thailand's exports are sluggish and commodity prices are falling. One of the few engines that can rescue growth next year is tourism.
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