MBMG IA Flash – Why Stocks Went Up in October

Liquidity Driven by Debt Ceiling Woes Post 2008, the key driver of asset prices since the Global Financial Crisis (GFC) during 2008-9 has been central bank credit creation. We believe that the boost in liquidity given by the US Fed by shuffling US government funds in early October in the run up to concerns about…

👪 MBMG’s Family Office Is For All

👪 MBMG’s Family Office Is For All Why this Flash? This Flash is a follow-up to our recent release talking about the international award won by MBMG’s Investment Advisory service in recognition of our firm’s multi-family office service (MBMG Family Office). Since then, we have had a few clients responding by asking simply what Family Office was.…

Roll Up, Roll Up – Time to Obtain Your Vax Passport 💉📔

Roll Up, Roll Up – Time to Obtain Your Vax Passport 💉📔 We will organize and deliver your Vaccine Passport for only THB 1,500 💉📔 MBMG is offering a service to help provide you with what is known as a Vax Passport for a special introductory price of THB 1,500 (excluding VAT). This includes completing the administrative…

🏆 MBMG Wins Family Office Award 2021🎇

🏆 MBMG Wins Family Office Award 2021🎇 Best Family Office 2021 BANGKOK, October 2021 MBMG Group Family Office, the nexus of services provided by both MBMG Investment Advisory and MBMG’s, insurance, legal, audit, accounting, business, tax and technology advisory practices, was honoured as ‘Best Family Office’ at the highly prestigious, International Investment Awards 2021, having last…

🏆MBMG’s Hua Hin Office Wins Platinum for Digital Accounting

🏆MBMG’s Hua Hin Office Wins Platinum for Digital Accounting Winner of the Prestigious “Platinum Digital Accounting Award” This week, the Ministry of Commerce presented the Platinum award for Thailand’s Best Digital Accounting Firm Award 2021 to MBMG Group CEO, Janjira Sumanus, who accepted it on behalf of Hua Hin Accounting and Law, which is part of Thailand’s…

Building Cash or Equivalents

Building Cash or Equivalents Just about all asset class values appear vulnerable to what could be an extreme move in either direction, says MBMG’s Paul Gambles who added that investors should consider taking some profits and either holding a portion of the portfolio in cash or reinvesting some of the proceeds from equities into 20…

Thailand’s New Visas

Thailand’s New Visas Source: Thai Immigration/MBMG Corporate Solutions. Foreigners have gone from being the scapegoat for Covid-19 in 2020 when many were unfairly refused into restaurants, banks and shops or charged higher prices, to this month when the Thai government announced a series of new visas supposedly to reach out and invite ‘wealthy’ foreigners to…

MBMG Smart Accounting: ‘Saving Time & Money’

MBMG Smart Accounting: ‘Saving Time & Money’ Everything appears to be occurring online these days, and accounting is no exception. Despite many financial bookkeeping practices have been digitized for some time, online accounting and bookkeeping are still quite new for some organizations. Although not all organizations are comfortable with accessing financial records online, there are…

Rising Volatility and the Addiction to ‘Public Debt’

Rising Volatility and the Addiction to ‘Public Debt’ Asset allocation is always challenging. In hindsight, while the last 12 months have been no exception, at least the correlations between different asset classes and sectors have been reasonably orderly. In the chart below, we can see that other than the stark outperformance of value stocks in…

Corporate Flash: September 2021

Corporate Flash: September 2021 Flash: September 2021 1. E-service Tax is effective as of 1 September 2021. Any VAT registered entrepreneur who uses online services from foreign service providers such as Facebook, YouTube, Agoda, Booking, etc. 2. Social Security Fund Contribution under Section 33 is reduced to 2.5% for both employers and employees from September to November 2021, while…