AAV said the latest outbreak the worst crisis for aviation in Thailand as airlines face more pressure than during the lockdown last year.

Comment: Nothing was worse than the March-May period where everything was shut down. But the government is trying their best to make things just as difficult at the moment.

EPG upbeats 1Q earnings on strong demand for food packaging as take away & delivery grow on fresh round of Covid spreads.

IP in JV with Thai Union Ingredient, a unit of TU, to set up Interpharma ZEAvita, focusing on R&D and producing healthy products that promote wellbeing, targeting Bt2b sales by 2024.

NRF’s board gave nod to raise investment in US JV unit with Boosted Ecommerce to US$17m, to acquire intellectual property,

Comment: It does appear they are trying to invest throughout the entire value chain of its plant-based industry. Though do realise that the story of plant-based is only 8% of revenues today. Currently it’s more of a OEM manufacturer. So it’s up to investors if they believe the story and the ability of the management team to execute.

PK wins turnkey projects for milk & dairy production plant total Bt300m, lifts backlog above Bt1.8b.

SAWAD to launch car title loan JV with Government Saving Bank (GSB) from March.

Comment: Ka-ching, I can hear the money printing machines for SAWAD kicking off.

SIRI said total transfers last year reached Bt45b, exceeded target by 45% and a new record in 36 years.

TM, know-how and assets relating to Prime Labs, a brand owned by Amazon’s 3rd party seller with leading plant based products.

TPCH sets 20% revenue growth target this year, with 125MW overall capacity, plans to COD 4 more biomass and waste PP (26MW) this year, and reaching total 250MW capacity by next year.

Comment: Finally they’ll achieve their targets…just 2-3 years delayed.

TTA sets Bt2b capex to add 2-3 dry bulk vessels to capitalize on improving freight rate from iron ore & soybean restocking.

VL to take delivery of 2.8k dwt tanker in March, expects positive momentum continue from improved petroleum & chemical transports, target 20% revenue growth this year.

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