ThaiCapitalist Commentary
Thailand BoT: Rate slash still a possibility – Even though the Bank of Thailand believes the current policy rate would boost economic recovery this year, it has left the door open to a possible cut if the economy is slower than expected or unexpected effects emerge. The central bank expects economic growth to reach 4% […]
Read More →AMATA AMATA continues to invest in Vietnam via subsidiary AMATAVN, to develop an industrial park called Long Thanh. It believes this investment will support revenue growth for the company for many years to come. The firm also plans to list AMATAVN this year. (Thun Hoon, 05/02/15) Comment: As I’ve said for the a while, AMATA […]
Read More →Thailand Infrastructure takes centre stage as panel convenes on digital economy – The government has set up an ad hoc committee to begin working on the preparations for the digital economy, starting with the urgent agenda for infrastructure. “Infrastructure is the fundamental factor of the digital economy. We need to process this while waiting for […]
Read More →Here are the key facts: Investment projects approved last year by the Board of Investment (BoI) hit a 50-year high The BoI approved 3,469 investment projects worth 2.19 trillion baht in 2014, surging 73% in terms of project numbers and 117% in terms of value. In 2013, it approved 2,347 projects worth 1.11 trillion baht. […]
Read More →AAV‎ AAV expects no significant impact from the recent oil price rebound although the fuel cost is 35% of total cost. The company already hedged 50% of fuel use for the next six months which is more than the hedging position policy of 30%. (Post Today, 04/02/15) AAV announces resignation of Mr. Porn-anan Kerdprasert, the Chief Financial […]
Read More →BAY Bank of Ayudhya launches new corporate credit, aiming at three key businesses, i.e. car dealers, tire dealers and electrical appliance dealers. The key selling point is to waive collateral and give a high credit line to accommodate the value chain of the businesses. (Thun Hoon, 03/02/15) BTS/AEONTS BTS joins with AEONTS to launch joint […]
Read More →The MAI has been a hot performer for the past 18 months and as a result of this several companies are going to make the jump from the MAI to the SET. Here are the key points: Ten MAI-listed companies have met the criteria to upgrade to a listing on the Stock Exchange of Thailand, […]
Read More →AP AP is confident to achieve revenue of Bt22bn for 2014 vs. Bt17.13bn in 9M14, as a result of a recovering economy and rising consumer purchasing power, particularly landed properties. (Kao Hoon, 2/02/15) Comment: The revenue growth is misleading because they have multiple JV projects, thus not all the recognised revenue %’s go straight to […]
Read More →We had 2 small bombs go off in Bangkok (at Siam Paragon) this week and I wonder what the fallout will be during the week, will we see the military come out stronger? They’ve already said that they’ll most likely hang around longer. Globally the only real bother of news seems to come from Europe, […]
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