EEC Office and Jetro sign aid deal. Thailand and Japan have come to an agreement to aid Japanese companies looking to invest in the government’s flagship Eastern Economic Corridor (EEC) scheme. Industry Minister Uttama Savanayana yesterday witnessed the signing ceremony of a memorandum of intent between the EEC Office and the Japan External Trade Organization […]

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AOT AOT entered into joint venture with SAL to improve parking service and airport equipment. It will hold 49% of the JV. It is looking for new investments. (Thun Hoon, 12/10/18) BGRIM BGRIM signed its Power Purchase Agreement (PPA) with Vietnam’s government. The 257MW plant will start commercial operations on June 30, 2019, boosting revenue […]

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ANAN ANAN plans to launch three property projects worth Bt6.8bn in 4Q18 and boost its presales to reach its target of Bt35bn this year. It believes demand for condominiums adjacent BTS and MRT lines is still growing. (Kao Hoon, 11/10/18) Comment: For property the story is quite simple…a good location at a decent price typically […]

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ADB ADB will run the first phase of machines in its new factory in November. This will raise production capacity and output can be sent in 1Q19. It expects revenue to grow. (Kao Hoon, 10/10/18) BAY BAY will book extra gain from the sale of 50% of Ngerntidlor of Bt6.3bn in 4Q18. (Kao Hoon, 10/10/18) […]

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ADVANC ADVANC decided not to participate in the upcoming 900 MHz spectrum auction because it has sufficient spectrum and in fact holds the most in the industry. It reiterates that it is number one in terms of customer base with more than 40mn telephone numbers. (Thun Hoon, 9/10/18) Comment: NBTC is struggling to make itself […]

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ANAN ANAN says the new BoT mortgage loan rules does not impact its business because its condos are priced below Bt10mn and it targets mid-income customers who are able to pay a high down payment. It also says all hybrid bonds are sold and met target proceeds of Bt2bn. (Thun Hoon, 8/10/18) Comment: The one […]

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Junta will stick to 2019 date for general election, Prawit says. There will be no delays to a general election planned in Thailand for 2019, the deputy prime minister said on Wednesday, amid the concerns of government critics and the opposition that it could be pushed back. (Reuters, 03/10/18) Cabinet gives the nod to restructure […]

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AMATA AMATA targets land sales of 925 rai in 2019. It plans to build a new industrial estate and Laos and Myanmar. It is working with SCC and Dow Thailand Group to build the first recycled plastic road in Amata City Chon Buri. (Kao Hoon, 5/10/18) Comment: So the EEC news has driven the share […]

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