AEONTS   2Q25 turnaround after 1Q NPL peaked at 5.1%; improved collections, lower credit cost, and THB 150m NPL/NPA gains.

Comment: We’re all watching this space….

AOT  Air India Express to launch daily Bengaluru BKK flights on Oct 18, expand routes to Lucknow, Pune, Surat, and Hyderabad Phuket.

PTT-EA-NEX-CWT consortium targets EV bus leasing   The group, along with 10 other private players, is preparing to bid for 1,520 electric buses worth THB 15bn in October. A preliminary TOR consultation is underway, with the winning bidder expected early next year.

Comment: Wait, this dirty deal has returned? I thought it was done for.

EGCO acquiring a 30% stake in Indonesia’s PT Chandra Daya Investasi Tbk (CDIA), brokers expected to contribute ~11% of net profit annually in 2025 26

Comment: why why whyyyyyyyyyy egcoooooo?.

KBANK redemption   Plans to redeem USD 500mn preferred securities on Oct 14, following approval from the Bank of Thailand.

Comment: “Thank you for the fish” 

NATION capital increase   Issuing 12.2bn new shares at THB 0.04/share to existing shareholders for working capital and debt repayment.

PTL   Alabama BOPET film & PET resin plant at 70 75% utilization, expects breakeven by end-4Q25, supported by cost-competitive thin BOPET production, mitigating US tariff/FX impact.

SIRI & ThaiWay partnership Launching two new condo projects (“WIDEN by Sansiri” & “XELF by Sansiri”) targeting foreign buyers, totaling THB 8.4bn, with sales target of THB 2.4bn, reflecting continued overseas demand.

SYNEX & Advice benefit from iPhone 17 launch   Strong demand for the iPhone 17 Series, especially the Pro Max, is boosting revenue outlook in 2H25. Advice also reports record-breaking pre-orders through its stores, confirming sustained growth in Thailand’s premium smartphone segment.

TOA Highest GPM in 9 years (>38%), driven by lower chemical & titanium dioxide costs, stronger residential market, and CLMV sales.

Comment: Lower oil prices ftw….

SAV Bidding for THB 1.28bn Foreign Object Debris (FOD) prevention project in October.

Comment: Are they going to continue to own the skies in Cambodia?

Retail fuel operators (OR, PTG, SUSCO) margin relief from shrinking State Oil Fund deficit (THB 19bn), expected positive by end-4Q25 amid lower oil prices.

Comment: Lower oil prices ftw

SEC hearing on sustainability disclosures   The SEC opened consultations on proposed disclosure rules to align listed companies with ISSB international standards, raising ESG transparency.

Comment: Honestly – I need to know – has anyone gone to this hearings? 

SCB CIO view on EM inflows   Following US rate cuts and weaker USD, EM Asia equities are expected to benefit. Recommended allocations include US short-duration bonds, EM equities, China A-shares, Nasdaq 100, and AI-linked technology stocks.

Comment: “Hi I’m the SCB CIO, I copy and paste my thoughts from Chatgpt”

TISCO investment guidance  Following expected US rate cuts, recommended assets include emerging-market equities, global bonds, and gold to capture upside from lower rates and stronger capital inflows.

Comment: “Hi, I’m the Tisco CIO, I too copy and paste my thoughts from Chatgpt”

Commerce Ministry: Corn & nuclear-related exports   From Jan 2026, Thailand will ban imports of animal-feed corn from burned fields, addressing haze and expanding US access. The ministry also monitors exports of nuclear-related goods to maintain investor confidence.

Excise Department revenue update & tax plans   Collected THB 489bn in 11 months, up 1.6% y/y. Plans for FY2026 include new vintage car taxes and reforms on EV battery taxation to support the growing electric vehicle sector.

FTI urges government action   The Federation of Thai Industries calls for clear, unified policies from PM Anutin’s administration, proposing five urgent measures to tackle both short- and long-term economic challenges.

Mai supports JUMP+ program   The Market for Alternative Investment (mai) encourages listed companies to join its JUMP+ initiative to drive sustainable growth. The program has already attracted 50 participating companies, reflecting strong market interest.

PM Anutin pushes SME credit easing & financial stability   Meeting with the Thai Bankers’ Association, the PM urged banks to relax lending rules and increase liquidity for SMEs. The Finance Ministry has set up a “Connect the Dots” taskforce to monitor incoming and outgoing flows and detect “gray money” affecting baht stability.