BCPG BCPG plans to invest in hydro, wind, geothermal and biomass with finalization by the end of 2017 and the beginning of 2018 with targeted IRR of 12-15%. It is also in the process of studying an “Internet of Energy” and finding foreign partners to join. It expects market capitalization to reach Bt50-60bn by the […]

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MSCI’s latest review of indices was announced during the week and here are the key details: Effective date: December 1, 2015 MSCI Thailand Index – None MSCI GLOBAL SMALL CAP INDEXES – Thailand (+5 / -8) Additions: GPSC, IMPACT, PLAT, TIPCO, VNG Deletions: DSGT, LOXLEY, MBK, MONO, NOK, PCSGH, PTL, SIM

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BAY Bank of Ayudhya launches new corporate credit, aiming at three key businesses, i.e. car dealers, tire dealers and electrical appliance dealers. The key selling point is to waive collateral and give a high credit line to accommodate the value chain of the businesses. (Thun Hoon, 03/02/15) BTS/AEONTS BTS joins with AEONTS to launch joint […]

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AOT AOT proposing infrastructure fund — AOT will meet with the Ministry of Finance and the SEC next week to discuss setting up an infrastructure fund in order to raise Bt60bn for the construction of Suvarnabhumi Airport phase 2. It expects a decision to be made by December. Brokers and banks are lining up to […]

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AJD AJD says 2Q14 revenue above Bt363mn, supported by stronger sales of electrical appliances due to its promotions. It reaffirms that it expects revenues this year to triple from last year’s Bt1.65bn with Bt4bn to come from sales of set-top boxes. (Thun Hoon, 01/08/14) Comment: Their stock price has been performing incredibly well over the […]

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AAV TAA steps up bundling – Thai AirAsia is stepping up its strategy of bundling ground and sea transport with its flights to allow passengers to reach new destinations. The low-cost carrier is adding the southern island resort of Koh Tao and the northeastern province of Mukdahan to its growing list of flights with sea […]

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BAY BAY expects loan growth of 7-9% YoY in 2014 from 13.7% YoY in 2013. It cut its 2014 NPL target to 2.5% after 2.67% in 2013. It says the Japanese hold a 72% stake and the M&A process will be complete in 2014. (Khao Hoon, 10/04/14) Comment: Still decent numbers coming out of Thai […]

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CCP        2013 profit of Bt350mn — CCP said it will book net profit of Bt350mn in 2013, with extras in 4Q13 pushing up growth sharply. Revenue in 2013 is put at Bt3bn and it will invest Bt200mn next year with revenue growth of 15% YoY. (Khao Hoon, 26/11/13) CENTEL 2014 revenue growth 15-20% — CENTEL […]

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