Thai economic report leaks out; how is a mystery
Article Abstract:
The information leak of the Bank of Thailand's monthly economic report to three financial institutions could have adversely affected public trading in Thailand on Jan. 30, 1996. The three institutions received a copy of the report three hours prior to the official time release of the report which could have been used by the institutions to manipulate trading. The report contained data on Thailand's current-account deficit in its balance of trade payments, which could affect the SET Index. The report showed merchandise-trade deficit decreasing to 24.2 billion baht and foreign currency reserves falling from $39.6 billion to $38.7 billion within a month's time.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Thai lender shows vigor: National Finance & Securities deemed good bet
Article Abstract:
Investors with the resources and the courage to invest in Thailand's stock market can find a good long-term investment in National Finance & Securities, which many stock analyst believe has the best balance sheet in the securities listing. Analysts believe that National Finance will yield good returns by the year 2000, since the profitability of the lending institution is still subject to the volatility of the baht. Three things work for National Finance as an investment opportunity: its strong balance sheet, its plans to go into banking services and its potential as a partner for foreign firms wanting to enter the Thai financial market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Thailand is hit with signs of slowdown
Article Abstract:
The economic and political troubles in Thailand are taking their toll on the stock market as the SET Index showed stocks dropping to their lowest level since Oct. 6, 1993 during the last week of Jul. 1996. The country suffers from economic growth deceleration, disappointing financial performance by corporations, export market stagnation, banking industry scandals and political instability.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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