BA seeks to expand codeshare partnership with partner in Asia to expand international routes at lower costs, expects to resume CLMV flights from October.
Comment: I’m flying overseas next month. This virus crap is finished.
BTS & VGI associate co., Kerry Express (TH), expand same day parcel delivery service for BKK and vicinity, add discount campaign “Keep calm and Kerry on” to boost sales, ExpressSunday service now open.
Comment: Kerry is just growing gangbusters throughout the country.
EPG to wrap up 2-3 M&A deals, while cutting revenue target to Bt9b, keeps Bt390m capex.
Comment: Should this shift away from the automotive sector then EPG could become rather attractive.
KCE expects PCB sales turnaround 2H from European stimulus package to boost vehicles sales, recovery auto production post lockdown, wider margins from higher utilization rate and low copper price, Tabloid.
Comment: China car sales are up YoY for the month of May.
PR9 sees recovery patients traffic 3Q from reopening and rainy season, will expand wellness center and specialty clinics to boost margins.
SCB’s encroaching on the food delivery business, planning to roll out Robinhood food delivery platform next month, as part of its digital transformation
Comment: Grab and Line are encroaching into the payments business, SCB is going into food delivery….well don’t get that SCB does have a stake in Go-Jek (GET in Thailand)
SPVI lower revenue growth target to flat from 10% growth in earlier forecast, as lockdown hurt, mulls on-line channel to boost sales, to add 3 U-stores this year to capture IT demand from school reopen.
Comment: COM7 is gobbling up the market share in this industry.
TVD teams up Taiwan e-commerce partner, Momo.com, to expand home shopping and online sales in Thailand, target to add products on shelve to 10k items by end of year from current 5k.
TU’s Scottish subsidiary, the Edinburgh Salmon, sold fish processing facility to farmed salmon producer, Loch Duart, at undisclosed price.
WHART to pay Bt3.2b for 130k sq.m. warehouse in 2H, upbeat outlook from growing demand from e-commerce, expects contribution >Bt300m p.a.