Category Archives: TRADING

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Thailand gets a place among the top 20 countries with highest confidence index. The Southeast Asian country entered A.T. Kearney’s Foreign Direct Investment (FDI) Confidence Index for 2017 at 19th place. Thailand moved up two places from 21st place last year. The boost in Thailand’s FDI can be attributed in the increasing trust that foreign businesses are putting into the Asia-Pacific region. In particular, Thailand is seen to have a better chance this year because of various factors including the higher year-on-year applications for foreign investment from January to August of 2016 and the strategic ventures of the local government… Read More »

Seamico Securities Plc (ZMICO) is diverting attention from their stock brokerages to focus on investments in consumer healthcare, lifestyle goods, food, and drinks instead. Competition in stock brokerages have been intense lately but Seamico wants to direct its investments on other funds. According to sources, the company wants to increase income and acquire attractive capital gains. Four to five deals are already in the table with the possibility of pushing through this year. For the first quarter, Seamico’s goal is to close at least one. The Chief Executive of Seamico, Chaipatr Srivisarvacha relayed the news, explaining that each deal will… Read More »

Thailand’s central bank, the Bank of Thailand (BoT) has cautioned market participants about the risk of a snapback of bond yields. Such event is dangerous as it could cause an increase in borrowing costs for the private sectors which will effectively lower investor confidence. In the Financial Stability Report 2016 of the BoT, they elaborated on the matter citing how they were paying close attention to the bond market. The report states, “Looking ahead, a risk that requires close monitoring is the effect of the sudden increase in bond yields or the yield snapback on the bond market, which could… Read More »

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The economy of Thailand can grow as much as 5% in 2017 according to a senior finance official. The potential growth is attributed to the possible surge of private investments that the government set as a goal for next year. The finance permanent secretary, Somchai Sujjapongse, told the public that the government is looking into issuing government bonds worth an estimated 100 billion baht to be used as financing for provincial development and as a stimulus for economic growth. This move is anticipated to become a driving force strong enough to push private investment to a range of 200 to… Read More »

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Singapore Telecommunications (Singtel) is taking advantage of the rapid growth among emerging markets by acquiring a stake in Thailand’s Intouch Holdings. The move is expected to boost Singtel’s holding in India’s Bharti Telecom (BTL). Singtel Group’s chief executive officer, Chua Sock Koong conveyed the plans and goals of their company which includes taking advantage of both Thailand and India’s young population demographics to boost the telecom business. She said, “These two transactions…allow us to increase our economic interest in two companies, Advanced Info Service (AIS) and Bharti Airtel, and to operate in two countries where we think there will be… Read More »

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PTT focus on non-oil businesses to achieve accelerated growth Thailand’s premiere oil and gas company announced it’s plans to focus on non-oil businesses to bolster the company’s growth. According to an executive, PTT is expecting a better revenue report from its non-oil businesses. As much as 20% is expected to be added per year starting 2016 to 2020. PTT is a Thai-state owned company which has operations in the Philippines, Thailand, Singapore, Mozambique, and Indonesia. While it’s main business is oil, the company is employing expansion efforts to participate in non-oil businesses. The company is currently aiming for a 50-50… Read More »

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Chevron, one of the biggest oil companies in the world and the most significant energy producer in Thailand, has stated that it will stay in the country opposing rumors of its withdrawal. Chevron supplies a little over one-third of the country’s natural gas demand. The Gulf of Thailand is home to its first natural gas field, the Erawan Field. This is where the company operates explorations and production blocks. Earlier in the month, rumors have spread that the US energy giant will be leaving Thailand after it cut jobs in the region. An estimate of 800 staff and contractors lost… Read More »

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More and more countries are accepting virtual currencies as legal money that can be used to purchase goods and services. This digital takeover can no longer be ignored by the global financial community. And so they have turned their spotlight toward the first and current leading virtual currency: the bitcoin. First established in 2008 and shared in 2009, bitcoin has since then surged to become one of the most controversial and popular currency. Part of the controversy stems from the fact that the inventor of it is not known. He only goes by the name Satoshi Nakamoto. In any case,… Read More »

Investing in equities is said to be one of the most effective ways to establish and grow a long-term fund. However, like any other transaction in the financial markets, it involves risks that could cost you your life savings. Knowing what to do is simply not enough. You must also know what not to do. In order to make sure that you indeed last long enough to be called a long-term investor, we’ve asked experts and veterans what they think are the things to avoid so you can survive the stock market. Investing in Risky High-fliers One common mistake that… Read More »

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In essence, brokers are our representatives in the market. They buy and sell in behalf of us and negotiate deals for us. In exchange for their services, they get commissions and fees. Much are expected of them because our money is entrusted to them. As such, assumptions are made of them. Majority believe that these brokers are professionals that are experts on their field. We believe that they always know what’s happening in the market and that clients’ have their full attention at all times. Well, the majority are simply wrong. They are ordinary people like you and me One… Read More »