Somkid orders price hike curbs. The Commerce Ministry is being ordered to take more effective measures to combat unreasonable consumer product price hikes, while continuing to boost the grassroots economy. (Bloomberg, 24/10/18) Remaining 35MHz to be auctioned next year. The telecom regulator plans to sell leftover bandwidth on the 1800-megahertz spectrum in February — the […]
Read More →ADVANC ADVANC is working with HIP Global to develop NB-IoT Motor Tracker. This equipment will increase the operational efficiency in Metropolitan Police Division 1 and nine police stations around Bangkok. (Kao Hoon, 26/10/18) CK CK is raising its backlog target and maintains growth of 8-10% a year at least for five years. (Thun Hoon, 26/10/18) […]
Read More →ANAN Luxury condo presales at 70%. ANAN says Ashton Silom, its luxury condominium, has reached presales of 70% of a total value of Bt6.03bn. The target customers of this condominium are both Thais and foreigners enjoying an urban lifestyle. (Thun Hoon, 25/10/18) Comment: And apparently this is part of their strategy, keep the remaining 30% […]
Read More →CHO CHO expects to be awarded two mega projects for Khon Kaen city development as northern regional hub with total value of Bt26.96bn. The results will be known soon. If it wins these projects, its revenue and earnings will increase significantly. (Thun Hoon, 24/10/18) Comment: Well, it won’t be getting that full value, b/c part […]
Read More →GPSC GPSC fell sharply by 10.12% after GPSC prepared to appeal to the Energy Regulatory Commission (ERC) after the GLOW acquisition was denied. It has 30 days to appeal on the grounds of maintaining shareholder interest. It reiterated that the acquisition is required by regulations. (Kao Hoon, 22/10/18) Comment: We have our doubts that this […]
Read More →And now the market is down for the past months. If oil goes, there goes the market. Ah well, so much for this pre-election rally when global issues such as interest rates rises and trade wars are occurring.
Read More →SME fund bill bound for cabinet. The Finance Ministry will seek cabinet approval to require financial institutions to contribute 0.001% of their deposit base to a fund tasked with promoting small and mediumsized enterprises (SMEs). A legal amendment is needed for the contribution requirement and the fund is expected to receive Bt100mn in contributions if […]
Read More →ANAN ANAN will launch “Ideo Mobi Sukhumvit Eastpoint” condominium which is located at Bangna near the BTS Bangna station, so this condominium will attract buyers who need convenient transportation. (Thun Hoon, 19/10/18) Comment: As are the majority of their projects. ASIAN ASIAN says there are a lot of new orders and increasing customers. It targets […]
Read More →ASAP ASAP expects growth in 4Q18, supported by high tourism season. It targets revenue growth of 30% backed by an increase in customers. It is dealing with a Japanese company to add “asap GO” car rental centers around the factory zone. The deal will be concluded in December. (Thun Hoon, 18/10/18) Comment: Now GRAB is […]
Read More →DOD DOD is preparing for 3Q18 budget approval. It expects growth in 4Q18, supported by increase of OEM orders It expects revenue to be strong this year and it is preparing to set up a second raw material extraction plant in November-December. (Kao Hoon, 17/10/18) DTAC DTAC subsidiary DTN submitted a bid for 900Mhz spectrum […]
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