ADVANC, GULF, JAS secure exclusive rights for Thai Football League broadcasts for the next 4 seasons till 2029, includes an option for a 2-year extension.

Comment: It does feel that Gulf is slowly chopping away at the stranglehold that CP group has had with True.

AOT: Emirates launch 2 new routes via BKK-Danang & BKK-Siam Reap. Air India has added a third daily flight between Mumbai to BKK, increasing frequency from 13 to 18 weekly. Turkish Airlines inked deal with THAI to operate codeshare flights on BKK-Istanbul route starting in the winter 2025-2026 flight schedule.

AWC partner with IHG to develop InterContinental BKK Chinatown & Kimpton BKK Chinatown hotel, target cod in 2027 & 2029 respectively.

SRICHA wins contract for CFP project valued at Bt7.8b.

TOP says crude oil leakage from a ship in the eastern Chon Buri has been cleaned up and the issue has been resolved. No further oil slicks were detected and no adverse impact on the environment was found and incident hasn’t affected refinery operations.

Comment: When this stink is gone (could be a while) the name will return to “normal” valuations…that’s +30-50% from here. Again it really could be a while…