Win Phromphaet, Principal Asset Mgt (Thailand)
Win Phromphaet, Principal Asset Mgt (Thailand)
17 June 2020
Across the ASEAN: Are Thai Markets Too Pricey?
Thai markets have been on a solid road to recovery with the country making solid progress in controlling the COVID-19 outbreak and the gradual reopening of their economy. But current valuations for Thai stocks are among the priciest in Asia. Win Phromphaet, CIO of Principal Asset Management in Bangkok, joined us on Across the ASEAN to tell us what he's telling clients, and his thoughts on the Thai Baht.
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Listen to his previous podcasts:
6 November 2019
Across the ASEAN: Assessing the Bank of Thailand's Recent Rate Cut
The Bank of Thailand decided to cut policy rates at its latest meeting. Principal Asset Management Thailand's Chief Investment Officer Win Phromphaet joined us on Across the ASEAN to discuss the Bank of Thailand's decision, the US' decision to remove special privileges from $1.3B worth of Thai goods, and why the Baht might be a sleeper safe haven currency.
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7 August 2019
Across the ASEAN: Why the Bank of Thailand's Been Reluctant to Lower Rates Until Now
The Bank of Thailand surprised markets by cutting policy rates for the first time, citing concerns about the strong Baht. But why has the Thai central bank been hesitant to cut rates against the backdrop of a strong currency and slowing growth? Principal Asset Management Thailand's CIO Win Phromphaet joins us on Across the ASEAN to tackle these issues, and to give us their outlook on the Thai SET.
Download the podcast.