ThaiCapitalist Commentary
Comment: A sign of things to come? With news from Europe not improving at all, and the recent Cyprus rubbish continuing to damp business sentiment. I can’t see exports improving that strongly anymore. Exports for February were down 5.83% on the same month last year, with a total value of US$17.92 billion, permanent secretary for […]
Read More →Another quiet quiet day regarding Thai corporate news BJC Berli Jucker to go full throttle in Vietnam — BJC will start its retail business in Vietnam in the first half of this year. BJC is also considering whether to invest Bt1bn to expand its tissue paper production capacity in Vietnam or Thailand this year. (Bangkok […]
Read More →AOT AOT to press govt. for Don Muang upgrade — The AOT board is to ask the cabinet to make Don Muang a fully functional airport. Don Muang airport currently serves low-cost carriers with point-to-point international and domestic services. AOT board chairman Sita Divari said yesterday the board had approved a proposal to upgrade Don […]
Read More →ECF ECF surges on listing — Shares of East Coast Furnitech (ECF), which began trade on the mai yesterday, doubled from their IPO price, surging 101.67% to close the day at Bt2.42 in trade worth Bt837.65mn. (Bangkok Post, 27/03/13) Comment: No comment. Ok no i will, ECF IPO’ed @ about THB 600 mn mkt cap, […]
Read More →Quiet Quiet day for news PTTEP PNG to grant gas concessions to Thai firms — Papua New Guinea Prime Minister Peter O’Neill has agreed to grant natural gas concessions to the Thai private sector during talks with hi Thai counterpart Yingluck Shinawatra. (Bangkok Post, 26/03/13)
Read More →ADVANC TPT mulls early end to concession — TOT may end its mobile concession contract with ADVANC this year, two years before the expiration date, to enable the state telecom to early a final sum of Bt40bn from ADVANC. The proposal is part of TOT’s survival plans after its concession revenue vanishes at the end […]
Read More →Wonderful week it was with the market giving up of half its total return this year on the back of Cyprus and local politics making some noise.
Read More →HMPRO to raise cash — HMPO plains to issue debentures worth Bt4-5bn to raise funds for branch expansion. Wannee Juntamongkol, a senior vice president, said the company will spend up to Bt10bn this year, twice as much as last year, to add hardware and home improvement stores across the country. Half of the spending will […]
Read More →Well there’s a bit a lot of news surrounding Cyprus and its given markets, especially Thailand a reason to finally sell off a bit. We’ve scoured the net and found a few interesting articles that may be of interest explaining whats going on there, the problem and even a potential solution. It is a levy […]
Read More →CPN CPN to raise funds for new development — CPN plans to raise an additional Bt10-12bn this year to finance its ambitious investment plans including developing a prime location at the busy intersection of Rama IV and Sathorn roads. CPN will issue new units of its CPN Retail Growth Leasehold Property Fund (CPNRF) in a […]
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