ASAP expects car rental demand to accelerate from July on the back of new domestic travel stimulus. Its Changan EV dealership business is gaining traction, with Deepal S05 deliveries beginning this month.

Comment: Well….or are fears about the Neta going under dampening consumer sentiment on the Chinese brands? (exclu BYD perhaps?)

BBL and KTB are poised to benefit from reverse provisioning following THAI’s exit from bankruptcy. Lower NPLs and loan-loss provisions should support earnings recovery.
THAI Airways received court approval to exit its bankruptcy plan. The company appointed Lavaron Sangsnit, Permanent Secretary of the Finance Ministry, as its new Chairman of the Board.

Comment: In the past I’d say buy the f out of Thai when the ipo comes. Now let’s see…

BDMS introduced two new heart surgery techniques (balloon angioplasty and implantation) that reduce risk and recovery time, offering a minimally invasive alternative to open-chest procedures.

STECON is considering bidding for the THB 15 billion Red Line extension (Taling Chan–Salaya) in 2H, aiming to push its backlog above THB 50 billion by year-end.

Comment: Who knows what will happen now given the changes in the political scene.