SET Index to Test 1,649 Points on Easing Concerns Over Fed Rate Hikes
US CPI marked at +7.7% YoY in Oct. vs. the consensus estimate at +7.9% YoY, while the services CPI slowed to +0.3% MoM from +0.5% MoM in Sep. The...
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Market Outlook
The SET Index is expected to move sideways down, with the resistance at 1,569/1,580 points and the support at 1,556/1,550 points. We recommend...
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Manageable Impact From Minimum Wage Hikes
The nationwide minimum wage hike, for the first time since 2020, at an average of 5% to Bt337/day will become effective on October 1, 2022. The...
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Lower-Than-Expected Exports in July, With a Further Deficit
The export slowdown in July was in line with the projection of the National Economic and Social Development Council (NESDC), which calls for 2022E...
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International Trade to Improve in the Remainder of the Year
Thailand's international trade is likely to expand during the remainder of the year, while the Ministry of Commerce suggests that Thai exports...
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