Thailand New stimulus measures shift focus away from SME assistance – The government’s latest stimulus package has the potential to spur economic growth since it is designed to break down barriers to business and investment rather than just boost tepid domestic consumption, says the central bank. (Bangkok Post, 08/08/13) Confidence dips again – Consumer confidence […]
Read More →ADVANC AIS curbs ‘bill shock’ for 3G customers using data services – Advanced Info Service (AIS) has introduced an automatic data tariff adjustment to curb “bill shock”, one of 3G users’ worst experiences. The move is also aimed at complying with National Broadcasting and Telecommunications Commission regulations requiring 3G operators to lower their 2G and […]
Read More →DNA to purchase retail business — DNA is waiting on the approval from its board members today for the acquisition of a retail business, which expects to cost Bt100mn, and also to increase its investment budget for the acquisition of a satellite TV businesses by more than Bt50mn, on top of the Bt300mn budget already […]
Read More →Opportunity days are back where some 100 or so Thai companies will be at the SET to talk about their 2Q13 earnings, The schedule is on the link below: http://www.set.or.th/set/oppdaybyperiod.do See you all there!
Read More →Worries over Sunday’s rally pushed foreign investors to sell another Bt1.6bn on Friday. The baht continues to be in the range of Bt31.4-31.2/$US. As the anti-government rally, which will end on August 7, hasn’t shown any sign of violence, I’m expecting investors will focus on 2Q13 earnings instead which are all released by 15th August. […]
Read More →Notable Transactions Buy(s) THB 1.15 bn GFM – Change in ownership between family members MINT – Heinicke buying more shares worth THB 30mn NMG – This director obviously has a lot of faith in the digital tv business, THB 100 mn worth of shares bought POST – The Chairman buys THB 80mn RS – Director betting on […]
Read More →BCP All three solar phases open by year-end — BCP is confident that it will open all three phases of its solar farms by the end of this year, pushing its EBITDA for its electricity business up to Bt2.8bn, with a total capacity of 118MW. The company is currently finding a contractor to develop Phase […]
Read More →With traffic worse than normal given a few roads being blocked off around Bangkok and protestors making the walk from Lumpini to Government House as off the time of writing (mind you there doesn’t look like there are many at all) we’ve been thinking aloud for the past few months that August wouldn’t be a […]
Read More →Notable Transactions: Buy(s) THB 208mn GFM – Continued switch in family ownership KKP – Two directors bought THB 22mn worth of shares each NBC – A director buys a huge stake @ THB 77mn Sell(s) THB 38 mn GFM – See above
Read More →CK Signs on water job — CK signed a contract for new work worth Bt658mn to improve the water supply for the Lampang province. It expects 2Q13 revenues to exceed Bt8bn and signals that it is to book in extraordinary income in 3Q13 worth Bt300-400mn from its CKP holdings. (Khao Hoon, 06/08/13) JAS Jasmine revving […]
Read More →