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    Experts Can’t Imagine Why Investors Would Be Spooked By Something So Mundane As A Thai Coup

    Thailand is used to coups; it’s had so many in the last 80 years that experts are not really sure how to count them. So only an amateur would allow the sight of a general declaring the country’s two-year-old constitution “terminated” to take whatever they can get for their baht; the old hands know that […]

    / May 23, 2014 at 10:35 AM
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    Thailand Was A Bad Choice

    When (alleged!) Canadian penny-stock fraud maestro Sandy Winick had to choose a place to hide from the U.S. authorities, he could have gone to Russia or Ecuador or Venezuela, where he might have lived out his life thumbing his nose at Washington and spending whatever of the $140 million he (allegedly!) stole that his generous […]

    / Aug 21, 2013 at 2:42 PM
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    Will Food Crisis Give Rise To A Rice Cartel?

    More evidence that there is little appetite for a free market in rice in South East Asia came in today as news spread that Thailand may be planning an OPEC-style international rice cartel—an Organization of Rice Exporting Countries. Cambodia almost immediately chimed in with its support, while the positions of Laos, Vietnam and Burma are […]

    / May 5, 2008 at 11:03 AM
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    How To Profit From Global Warming: Thailand Edition

    The streets of Chiang Mai, Thailand’s second city located near the northern end of the country, are nearly empty during summer middays. Most people you encounter will be tourists, backpackers and the drivers of tuk-tuks, the three-wheeled taxis that are everywhere in South East Asia. Thais know that the midday sun–or heated haze–is to be […]

    / Apr 25, 2008 at 3:46 PM
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    Thailand: Future M&A Paradise

    Recently laid off from your buldge bracket bank because the buyout business has dried up? Well Bangkok may be where you want to be. Beside the obvious benefits–cheap domestic help and bespoke clothing–the land of smiles may be poised for an M&A boom. Firms here cannot use tax losses on the books of acquired companies […]

    / Apr 25, 2008 at 3:30 PM
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    Thailand: Rice Basket To The World

    There’s a deep irony to all the talk about the global food crunch (they laugh at our “credit crunch” here, you can’t eat credit) portending dark deeds in Thailand. This country is hardly in danger of running out of rice, short term or long term. In fact, it supplies the international market with 30% of […]

    / Apr 25, 2008 at 3:05 PM
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    Rice Controls And Rumors Of A Coup Or Two

    Thailand may have spent the Cold War on the free market side of the Bamboo Curtain but rice socialism still reigns. Price shocks have politicians scrambling to raise rice productivity through irrigation projects, while consumers are now facing new purchasing limits on rice at markets. Consumers are limited to buying just three bags of rice […]

    / Apr 25, 2008 at 2:49 PM
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    I’m Just Eating Rice In An Equity Traders’ Paradise

    Traders in Thailand may be about to receive some much needed tax relief. Speaking to a conference of economics reporters in Bangkok, Thai finance minister Suapong Subwonglee (I’m sorry, that’s what names are like here) said the government is considering waiving capital gains taxes for bond traders. this tax exemption is already enjoyed by equity […]

    / Apr 25, 2008 at 2:21 PM
  • News

    Greens Blame Speculators For Rising Rice Prices

    Before I get accused of being obsessed with rice, let me explain that this is all anyone wants to talk about here. A week ago I could get them talking about Wall Street, Bear Stearns, the Fed and losses, losses everywhere, another bank on the brink. But now it’s all rice, all the time. Indonesia’s […]

    / Apr 25, 2008 at 2:05 PM

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