Investors can expect good times | Bangkok Post: business

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Blessings in disguise?

Investors can expect good times

Thailand's stock market was the world's fifth-best performer in 2012. It rose 35.75% and its price-to-earnings ratio shot up to 18 times.

Supported by internal and external factors, the government stimulated consumption with the first-time car buyer scheme, the 300-baht daily minimum wage in seven major cities and a cut in corporate income tax.

Aided by foreign direct investment, the economy performed more strongly than expected.

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  • boons

    United StatesPost : 664

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    Discussion 1 : 02 Jan 2013 at 02.391

    As every investment advisor in the world will tell you, "Past performance is not an indicator of future returns". That apparently does not stop the Bangkok Post's editors from telling the public they can "expect good times".

    Thanks for the quality journalism, folks. Brokerages buying lots of ads this year?

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