BMCL BMCL upbeat on profit after 2017 — Bangkok Metro Plc (BMCL), the country’s subway operator, expects its balance sheet to become profitable after 2017 as more new train services are added. Service on the Purple Line from Bang Sue in the capital to Bang Yai in Nonthaburi province is expected to start in December […]
Read More →The news remains the same, new economic policies coming out of the government with things actually happening! The government is going to be focusing on the following points 1)agricultural prices 2)asset and land tax 3)gasoline price reduction 4)a pay rise for civil servants. And then poor (or improving) economic news expected to be released during […]
Read More →Notable Transactions Buy(s) THB 67.3 mn SAMART – The President buys a big stake, I have my doubts on SAMART performing as well it has going forward, SIM has declining growth, SAMTEL won’t have anything until 2017 at the best. Sell(s) THB 70.6 mn EPCO – The Chairman sells off a stake, this printing company […]
Read More →*Contributed Post* A sharp rise in Thailand’s gold demand has alerted officials on the effects it may cause to the nation and its currency. Thailand is a huge consumer of gold, just behind China and India, but officials fear that the country’s consumption may be on the wrong track. Thailand now ranks the 3rd largest […]
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