UOB buys four Citibank retail arms: Singaporean banking group to acquire consumer businesses in key Asean markets. Good asset quality and strong competition in the Thai consumer banking sector are the main reasons United Overseas Bank (UOB) is buying Citibank’s retail arms in four Asean markets, says an executive. Bangkok Post Highway Department to open […]
Read More →AAV’s 1.714b new shares from RO 5.7625:1 @ Bt 1.75/share tradable today. Comment: Apparently the WHO has said that they recommend for countries to relax travel restrictions and remove the vax passports last night, hooray! BA to resume 2 daily flights from SIA to Phuket to support sandbox & sealed route scheme from February 1. […]
Read More →ACE upbeats FY22 outlook from 250mw capacity on hand, full year recognition of 9.9mw biomass power plants cod-ed November 21, will sign 59mw community power PPA with Provincial Electricity Authority (PEA) by eo-1Q. CWT sets >10% revenue growth target this year, on power business and leather seats, expected to see big jump in orders, tracking […]
Read More →BGRIM to import 650K tons of LNG via its right to PTT’s terminal under an 8-year contract, to supply SPP replacement. BRR target 30% FY22 revenue growth driven by higher sugar sales volume yoy, sugarcane ecoware packaging & utility sales, will expand RDF fuel business this year. EA sets 20% revenue growth target this year, […]
Read More →GULF in MOU with Binance Holding to study a digital exchange in Thailand. Comment: Blockchain energy trading? INSET expects windfall from cypto & metaverse boom, sets Bt1b budget to expand data center & cyber security business. Comment: One dream we have is that Thailand is permitted to become the crypto/token hub of the region. HK/China […]
Read More →BPP cod-ed 10mw Shirakawa solar projects in JPN, lifts total to 1,007mw, firms on plan to achieve 5,300mw by eo-FY25. DOHOME anticipates FY22 turnaround from positive SSSG 1Q22 supported by shopping tax rebate stimulus, wider margins from improved product mix & new distribution center, sets Bt2.5b capex to add 5 stores this year. Comment: At […]
Read More →If oil prices race up past 100? Does that break the economy and the market like in 2007/2008 Does high food inflation – or every type of inflation => this government stepping down? Or is Thailand special and such things never happen here? Is the Thai tech train going to continue rocking & rolling? See […]
Read More →Notable Transactions Buy(s) THB 106 mn THG – Has Dr. Boon run out of capital? Normally he’s the one buying. This buyer used to run RAM, just google his name… SMD – A switch between family members Sell(s) THB 88 mn SMD – See above
Read More →Just look at the bolded text – Thailand is a Chinese vassal state. Ministry mulls revision of EV import duties: The Finance Ministry is considering cutting import duties for electric vehicles to make them more affordable. Effort to facilitate greater affordability. The Finance Ministry is considering a revision of the import duty rates for electric […]
Read More →ADB ups production capacity of med-grade plastic compounds by 50% to fill demand from healthcare and capture wider margins. AGE target FY22 coal sales volume >6.5m tons, revenue >Bt15b, 3 new business including industrial boiler installation, cargo warehouse & logistic expected to materialize this year, mulls tap in power business. Comment: Coal isn’t finished. CPANEL […]
Read More →