Coalition-leader elects new chief as old guard ousted : The Palang Pracharath Party yesterday elected Deputy Prime Minister Prawit Wongsuwon as its new leader in an uncontested race which uprooted people close to the previous leadership from its executive board as was widely anticipated. Bangkok Post On guard against contagion : Thai banks are keeping […]
Read More →AOT report aircraft movement 8M20 (Oct19-May20) -29.8% yoy to 425,900 flights, international flights -30.2% yoy to 229,400 flights, domestic -29.33% yoy to 196,500 flights, passenger traffic -33.94% yoy to 64.2m vs 97.18m 8M19, international arrival -34.72% yoy to 37.24m, domestic passenger -32.83% yoy to 26.96m. Comment: And the YoY #’s will only continue to worsen […]
Read More →ANAN to issue Bt1b worth of subordinated debt, offering 9.5% p.a. for first 5 years. Comment: That sounds closer to what I expected for debt pricing, though in reality it should be double digits. BEM sees Blue line ridership rose to 60% or 250ktpd avg post lockdown, expects momentum carry to 2H on school reopen. […]
Read More →AKR sees 2H turnaround from recovery demand for high voltage transformer from EEC expansion, power & solar rooftop projects, will bid for U-Ta-Pao airport projects and high speed rail projects, Bt1b backlog to realize till 2H21. Comment: If thats the case then you have the usual players of AKR, DEMCO, TKT AOT said 8M20 fiscal […]
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