The Financial Times has an article today with the above title which I thought raised a few interesting points.

(It's the top link if you search Google News for the title - http://tinyurl.com/at599j2 - direct links to the FT website require you to be registered.)

Key points include:

- surge in initial public offerings on the SET

- new electronic trading links between SET and regional exchanges

- record boom in cross-border M&A activity

- agreements to develop Laos and Burmese stockmarkets

- reduced listing requirements

- first THB denominated Laos government bonds

There are negatives, however:

- SET Index currently expensive

- a risk inflation will surprise on the upside in 2013

However, one comment I don't fully understand. (Upside? It sounds more like a recipe for economic disaster to me.)

- On the upside ... “the greatest infrastructure spending programme in a generation”.

Hubba Hubba....the only Hub Thailand will become is the regional hub for stock piled rice...

hub of pipe dreams ? Thailand isn't going to become the hub of anything