webfact Posted May 13, 2016 Share Posted May 13, 2016 Three-month investor confidence rises on govt stimulusBANGKOK, 13 May 2016 (NNT) - A survey by the Federation of Thai Capital Market Organizations (FETCO) has revealed that the Investor Confidence Index (ICI) for the next three months has increased by nearly 7% due to the government’s economic stimulus measures.According to FETCO Director Kanet Wangpaichitr, the poll indicated that the ICI for the next three months increased to 102.7, which falls in the neutral range of 0 - 200.All categories of investment confidence have improved, led by the Foreign Investment Index, which rose by 27%. The most popular sector for investment is the construction industry, while the steel industry remains the least popular.Dr. Kanet added that major factors like government policies and volatility in the domestic economy will continue to influence the Stock Exchange of Thailand.-- NNT 2016-05-13 Link to comment Share on other sites More sharing options...
Hawk Posted May 13, 2016 Share Posted May 13, 2016 So why do nearly all foreign economists disagree saying investors are reluctant to invest in Thailand due to the political chaos? Link to comment Share on other sites More sharing options...
phoenixdoglover Posted May 13, 2016 Share Posted May 13, 2016 (edited) Considering the 78% drop in FDI last year, there was little room for "down". Up is good. But it's going to be a long slog. Look to the Japanese as the main actors. Edited May 13, 2016 by phoenixdoglover Link to comment Share on other sites More sharing options...
GeorgesAbitbol Posted May 13, 2016 Share Posted May 13, 2016 So why do nearly all foreign economists disagree saying investors are reluctant to invest in Thailand due to the political chaos? 'cause they haven't been "adjusted" to have confidence Link to comment Share on other sites More sharing options...
kotsak Posted May 13, 2016 Share Posted May 13, 2016 Well, once you hit bottom the only way is up Link to comment Share on other sites More sharing options...
Srikcir Posted May 13, 2016 Share Posted May 13, 2016 Investor confidence is a state of mind. According to UTCC Director Thanawat, possible increase of interest rate by the US Federal Reserve, soaring household debt, persisting drought, high cost of living and financial institutions’ adoption of strict lending regulations to curb NPLs will be negative factors slowing economic growth. Investment in Thailand now in view of economic uncertainty compunded by political conflict is high risk. Investors lose nothing by waiting and investigating alternative investment opportunities in other ASEAN countries. There is nothing imperative for investing in Thailand now. Who knows, waiting another 3 months may present some fire-sale investment opportunities in Thailand. Link to comment Share on other sites More sharing options...
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