Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Athaporn served as Head of Research for UOB and ANZ in Thailand and was an award-winning telecoms analyst at UBS in 2010 (AsiaMoney Thailand category) and Regional Strategist for DMG in Singapore. Prior to that, he also served as Kasikornbank credit analyst and scholar. He has a total work experience of 22 years, of which 19 were in research and 9 in research management roles. He started his career as an engineer for PTT and currently manages family investments. He holds an MBA from Stern (NYU) and CFA Charter since 2006.

Apart from IPO Radar, which focuses on future listings, MCorp Review also performs financial advisory services for TKC Services and provides 11 other on-going thematic series ranked by frequency in descending order, namely:

1) Snippets (news-driven);
2) Sathorn Series (financial services);
3) Silicon Stories (technology); 
4) Thai-Coons (billionaire origin series);
5) Reality Check (data-driven, investigative);
6) Thai Media Spotlight;
7) Political Pit Stop; 
8) Telecom Review; 
9) Thai Macro Watch (read-through from foreign events);  
10) Small Cap Diary; and
11) Property Grid

There are also 3 limited-time series driven by specific events or locations, namely:
1) Thai Corona Crisis;
2) South Series; and
3) Mechanics and Details (deal forensics).

The CIO's Corner: QE Unwinding, Laggards, & Rejuvenators

Thai Strategy 2018 (Part II): Stock Picks

Thai Macro Watch (Part 1): External Strength, Internal Weakness

Reality Check III: Is This Time to Sell Thai Property?

Five Biggest Lessons from Thai Financial Crisis

Turnarounds: Finding A Phoenix In the Land of the Dead

Thematic (Sector/Industry)

<p>Sometimes, the cure may be worse than the disease. Thailand cracks down on illegal labor after America refused to upgrade its compliance on the human trafficking standards from "Tier 2/Watch List", but the initial speed worried business operators. Luckily, the government has now agreed to give operators up to end of 2017 to comply. Interestingly, we observed that:</p><ul><li>the standards has not really hampered exports, though it is an overhang on some related exporter stocks (eg. TUF). </li><li>The 'cure' could hurt labor-intensive sectors such as construction, property, and power, but since property and power hardly needs more supply, this may be a blessing in disguise of sorts.</li><li>there could be some hidden political agendas related to the form of government we have, but heck, there ain't much we can do about it yo. For more details, read this review.</li></ul>

Sometimes, the cure may be worse than the disease. Thailand cracks down on illegal labor after America refused to upgrade its compliance on the human trafficking standards from "Tier 2/Watch List", but the initial speed worried business operators. Luckily, the government has now agreed to give operators up to end of 2017 to comply. Interestingly, we observed that:the standards has not really hampered exports, though it is an overhang on some related exporter stocks (eg. TUF). The 'cure' could hurt labor-intensive sectors such as construction, property, and power, but since property and power hardly needs more supply, this may be a blessing in disguise of sorts.there could be some hidden political agendas related to the form of government we have, but heck, there ain't much we can do about it yo. For more details, read this review.

Thailand's New Labor Crisis