Independent thinking for complex markets and current events
The war-induced sell-off in global stocks continued on Wednesday, with the Stock Exchange of Thailand (SET) having to halt trading at one point to allow nervous investors to take a breather. The SET Index ended the day down 81.90 points (5.3%) at 1,384.61, with heavy turnover of 159 billion baht — about three times the …
via Zorro Excellent question. Thailand’s relationship with China is deep, multifaceted, and of critical importance, spanning economics, military, tourism, and infrastructure. It is one of the most significant bilateral relationships in Southeast Asia. Here’s a breakdown of the key areas of dependence and interconnection: 1. Economic & Trade Interdependence (The Core) · Trade: China is …
Thailand’s former prime minister Thaksin Shinawatra has been sent to jail, ordered by a court, Tuesday, to serve a one-year sentence for previous convictions on charges of graft and abuse of power. Just after midday, Associated Press journalists saw a vehicle carry him past the gate and into Bangkok Remand Prison. AP journalist Jerry Harmer …
Thailand’s political center just cracked again. Prime Minister Paetongtarn Shinawatra has been suspended from office following a 7–2 ruling by the Constitutional Court. The court accepted a petition from 36 senators alleging a breach of ministerial ethics. The trigger was a leaked phone call with Cambodia’s former leader Hun Sen. The call was made on …