Thailand UTCC cuts GDP forecast to 2.2% from the previous 2.5%. It says the largest downside risk is delay in government spending. The 2.2% annual growth translates to 4.3% growth in 2H14. (Kom Chud Leuk, 01/08/14)  Export outlook decays further, shippers slash view to 1.6% growth at best – Although the Commerce Ministry has maintained its […]

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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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