iShares MSCI Thailand Invest Mkt Index

  • Are Emerging Markets Cheap?

    By Bob Ciura - August 19, 2013 | Tickers: FXI, THD, INDY, TUR

    Due to a confluence of factors, including fears of a Chinese slowdown, global central banks putting the brakes on economic stimulus, as well as renewed geopolitical concerns, stock indices in the emerging markets have declined notably in recent weeks.

    Many global bourses now trade for compelling valuations, especially when compared to the domestic S&P 500 Index. Of course, a heightened level of risk is usually associated with markets outside more »

  • Emerging Markets Series: Non Japan-Nor China Asia

    By Federico Zaldua - April 14, 2013 | Tickers: EIDO, EPHE, THD

    The first Idea that comes to my mind when I think of Emerging Markets (EM) is Asia. China, the second biggest economy in the world, has been the epitome of EM for decades. The country has been the engine that caused commodities such as iron ore and soybeans to soar during the last ten years. That said, the Chinese economic revolution has fueled the development of other much smaller countries more »

  • Fraser & Neave Finally Fully Valued as Deal Closes

    By Peter Pham - February 6, 2013 | Tickers: EEME, EEMS, EWS, THD

    Thailand’s richest man Charoen Sirivadhanabhakdi is all set to become even richer. The drama surrounding the acquisition of the Singapore’s property and drinks conglomerate Fraser & Neave finally came to an end when Charoen’s rival bidder, a consortium of investors led by the son of the famed Indonesia based billionaire Mochtar Riady decided to drop out. Stephen Riady and his firm Overseas Union Group decided not to raise more »

  • Expanding Production in Vietnam

    By Peter Pham - December 19, 2012 | Tickers: COP, THD, VNM, RDSA, RDS-A

    Thailand’s leading oil and gas firm, PTT Exploration and Production (PTTEP) is gearing up for a massive $3.1 billion equity sale to finance the $1.9 billion acquisition of Cove Energy for which the company had successfully outbid Royal Dutch Shell (NYSE: RDS-A). PTT’s equity sale will be the biggest ever in Thailand in which shares will be priced at 142 baht/share ($4.63/share) which more »

  • McDonald's Milkshakes are Almost as American as Chinese Chicken

    By Nick Slepko - November 15, 2012 | Tickers: EPHE, THD, VNM, MCD, PFCB

    “Whether it’s the restaurant or the supermarket or the kitchen supply shop, it’s hard to think of sector that is more commercialized and more replete with entrepreneurship and innovation.  It is all monetized. … Quality customers are often more important to a restaurant than a quality chef.”

    Professor Tyler Cowen’s recent book, An Economist Gets Lunch, is his latest success at illustrating “markets in everything” – and like his more »

  • SE Asia Hydropower Growth Vital but Unbalanced

    By Peter Pham - November 13, 2012 | Tickers: ASEA, THD, VNM

    While the world’s attention was diverted from the reforms in Myanmar to Hurricane Sandy in the U.S., the little known landlocked communist country Laos--with a population of just 6.4 million and one of the least developed countries of the world -- was finally able to secure itself a place in the world trade organization (WTO) after it applied for membership some 15 years ago. Meanwhile, the Asian Development more »

  • The Road to Myanmar

    By Peter Pham - October 18, 2012 | Tickers: XOM, GE, ASEA, THD

    Thailand’s largest oil and gas firm, PTT Pcl, which has significant representation in the MSCI Thailand Investable Market Index Fund (NYSE:THD), is moving into Myanmar’s oil retailing by partnering with a local firm. The country recently opened its doors to foreign investment, following the cessation of US trade sanctions after 60 years. Presently, PTT is involved in upstream oil operations in Myanmar.  According to reports, the company more »

  • Foreign ETFs: Beyond BRIC

    By Nihar Patel - October 12, 2012 | Tickers: EPU, THD, TUR

    Much has been made about the BRIC countries and even I wrote an article on them before. Their economic potential is not to be trivialized. However, it is always prudent to look for the next article-friendly batch of countries that can be packaged into an acronym.

    Risks to consider are that these countries are potentially even more unstable than the BRIC countries. They also have the same path ahead of more »

  • Thailand’s PTT Banking on a Shift to Coal

    By Peter Pham - October 5, 2012 | Tickers: THD, KOL, RDS-B, RDS-A, SPY

    Thailand’s leading state owned energy firm, PTT Pcl, is looking for investment opportunities in Africa, Australia, Indonesia, Myanmar and North America as it aims to expand its operations beyond its home territory. Just two weeks ago, the firm announced that it is planning to raise $958 million to finance the expansion as well as for working capital and debt refinancing.

    The financing news comes just days after the company more »

  • How to Play the Asian Auto Markets

    By Peter Pham - September 13, 2012 | Tickers: F, GM, HMC, THD, TM

    Asian countries, especially Thailand, Indonesia, and India have been emerging as some of the fastest growing automobile markets in the world.  Thailand is now the 13th largest auto market, eclipsing Mexico and Australia through the first half of 2012 in number of vehicles sold, up 46% year over year.  These markets are becoming affluent enough that Daimler is now trying to bring its upscale Mercedes brand to Asian markets more »

  • ASEAN Monetary Momentum

    By Peter Pham - July 6, 2012 | Tickers: EWM, THD, VNM

    As we approach 2015 and the conversion of ASEAN into the AEC (Asian Economic Community) it is important to note whether we are seeing the necessary changes taking place at the fundamental level which show that the member nations are giving the whole concept more than just lip service.  Banking and Finance integration is absolutely one of those bits of infrastructure that is necessary to see moving forward.  And it more »

  • The Future of ASEAN

    By Peter Pham - April 19, 2012 | Tickers: ASEA, FXI, EWS, THD, VNM

    Now that the 20th annual ASEAN Summit is passed and the diplomats have all gone home I thought it would be a good time to look at the current state of things in Southeast Asia.  ASEAN is moving rapidly towards the Asian Economic Community (AEC), which they desire to be in place by 2015.  The AEC will be an inter-regional free trade zone as well as having strong integration more »

  • The Shifting Realities Of Vietnam

    By Peter Pham - April 14, 2012 | Tickers: EWM, THD, VNM

    Unknown to many investors Vietnam has been one of the great economic success stories of the past decade.  The liberalizing of their economy has freed it to grow at a compounded rate of close to 7% since 2000.  This year’s estimates are for GDP growth of 6.5% officially, though the Asia Development Bank recently said they estimate a 5.7% growth rate.  Does this slowing growth of the more »