July 2016 Analysis

Industry Trend Analysis - Gold's Exit To Exacerbate Regional Underperformance - JULY 2016

Thailand will continue to be a regional mining underperformer with the recent government's decision to stop the country's gold mining production and exploration industry. While the mining halt will resolve social conflicts, the country will lose higher tax revenues from gold prices increasing in the coming years and receive decreased foreign investment inflows due to policy discontinuation...