LH reported acquisitions of the SpringHill Suites by Marriott in Anaheim CA, US, a 120 rooms on 2.07 acres land from DKN Hotels for US$ 31m (Bt 1.056b), the property is just 2 blocks away from Disney Land. Comment: On price/key basis that’s ridiculously good. MC seeks to expand MC outlet in PTT retail stations […]
Read More →AJA signed MOU with China Mobile International (TH) to joint operate Mobile Virtual Network Operator (MVNO), smart city, modern tech and various aspects of smart solutions. Comment: Seriously? What has this company achieved over the past 5-10 years with any of its announcements? AOT: Jetstar Asia gets nod to operate 5 weekly vaccinated travel lane […]
Read More →Ascend Money, a digital payment and financial service unicorn of CP Group’s online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia. Comment: They will look to go public at one point. BGRIM to enter […]
Read More →Notable Transactions Buy(s) THB 467 mn OSP – And he’s back to buying the family shares. This fellow isn’t really part of management, acts more like an investor. JMART – Adisak is still buying it up! He’s publicly said 70 is his target… TTA – Shipping is still going to rock and roll, just wait […]
Read More →These start stops for the economy just exacerbate what my continuing themes. I have no idea what the market is going to do for the next week, there’s only 3 trading days due to the holiday season in Thailand already starting and liquidity is going to be light thereby implying either nothing happening or any […]
Read More →More EV incentives: The Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity. Thailand’s EV import tax rates vary. EVs imported from China enjoy a 0% tax rate under a bilateral agreement between Thailand […]
Read More →BE8 secured Bt100m contract from Thailand Post for software installation and consulting on digital transformation. Comment: Software is eating Thailand. CHO to complete transformation to tech company next year, sees turnaround next year, supported by EV taxi. Comment: Wait what? CRC is set to spend Bt4.5b to purchase the majority of shares of Porto Worldwide, […]
Read More →AAV to start accepting digital currency for payment from next year, sees 100% recovery in domestic travels in 2Q22. Comment: I can just picture royal nationalists saying that is anti-monarchy… now, I am curious to see how far these systems will go. Though for now expect for all the Thai companies accepting “digital currencies” to […]
Read More →BCH said Omicron can be easily spread, but is not as severe as Delta, while can be detected by PCR, firms on 104% revenue growth target next year. Comment: I find it incredible how everyone has become an expert on the R0 and impact of the Nu Variant (sorry Omicron) since last Friday. EA’s lithium […]
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