Thai banks’ NPLs increased to Bt400bn in 1Q17, up 5%YoY, led by the big banks; KTB, BBL, and SCB. This is due to the slow economic growth that affects debt payment ability of SMEs. (Bangkok Biz, 21/4/17) MRTA’s boards to cut Orange-line mass transit budget in Cultural Center and Talingchan stations by Bt1.8bn. (Thai Post, […]

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ADVANC ADVANC reported 1Q17 net profit of Bt7.69bn, down slightly from 1Q16’s Bt8bn. Service revenue was Bt31.36bn, up 4% YoY, with 40.6mn subscribers. AIS Fibre expanded its customer base to 373,900 subscribers. It expects 2017 revenue growth of 4-5%. (Thun Hoon, 28/04/17) Comment: I do wonder when will this industry be overtaken by a clever […]

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