So BLAND’s owner, K. Anant, came out for his first press interview in Donkey years and here are the key points Plans to spend 2 billion baht to develop new projects at Muang Thong Thani and sell 600 rai on Srinakarin Road worth 7.2 billion baht. Chairman Anant Kanjanapas said the company also aims to […]
Read More →We’ve touched on this topic here before, now despite what I hear from a lot of of the public saying that increasing minimum wage is a bad thing, I completely digress. Yes I understand some business margins will drop, yes I understand some companies will make less money, yes i understand that there will be […]
Read More →Not much to comment on this, it still doesn’t quite help to explain why the BOT flip flopped on its interest decision at the end of last month, but ok here are the quick points: Food and drink prices went up 3.35 per cent on year in October Non-food inflation rose 3.28 per cent – […]
Read More →Despite the fact that Dr. Doom hasn’t been the most accurate predictor of the equity market rallies, one still always has to look at the markets from both a bull and a bear perspective. Consider, first, that the previous QE rounds came at times of much lower equity valuations and earnings Moreover, fiscal support is […]
Read More →Fairly quiet week in terms of transactions, with only a big sell (THB 37mn) from a director of Preuksa Real Estate (PS)
Read More →Bank earnings are out and the sector had profit taking in the past week, same goes for telco’s post the 3G auction its been a sell on fact for most market participants. Combine all this with continued rubbish economic news out of Europe (its going to go on and on and on and on for […]
Read More →Just to give some perspective on whats happened…
Read More →Other than the simple reason that Thai banks corporate income tax rate is dropping from 30% last to 23% this year to 20% next year which has been a boon to their bottom line (remember the thai banking sector is really the only sector on the market paying full corporate income tax rates) the two […]
Read More →Positives: Thai banks earnings continue to do well up on avg 20% thanks to more expansion in consumer banking Fed sits quietly this time US Q3 GDP grows 2% vs est of 1.8%, helped out by .6% contribution from defense spending. Consumption up by 2%. German consumer confidence rises to highest level since Oct ’07. […]
Read More →Khonburi Sugar Plc (KBS) was established in 1965 by Tawil Tawintermsup under the name Nong Yai Industry Co Ltd in Chon Buri’s Nong Yai district, with a cane crushing capacity of 1,500 tonnes a day. Listed on the Stock Exchange of Thailand in May 2011, today KBS crushes more than 20,000 tonnes of cane daily […]
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