BJC upbeats outlook from CLMV expansion, sees strong traffic at Mini BigC Depo Market in Phnom Penh, Cambodia.
Comment: They have decent exposure in Hcmc, Vietnam via Metro, nothing under the BigC name as Central Group won that bid for VN.
CV signed Bt528m Bio Fusion projects with Premium Energy Corp.
FPT teams up Spore-based data center service provider, ST Telemedia Global Data Centres (STT GDC) to develop hyperscale data center in BKK.
MC sees double digit growth 2021-22 in revenue as both on and off-line showed promising numbers, sets Bt80m for 22 new branches and to renovate 21 others.
Comment: Well of course, after such a rubbish 12 months.
SCB’s fintech unit, SCB Abacus, raised US$12m from Openspace & Vertex ventures, will use proceed to expand online lending, P-loan, nano-fin business via mobile app using AI, alternative data for loan screening, target self-employed, grassroot workers.
Comment: A bank, using other peoples money, to pay for development of a service to give expensive loans to customers.
SINGER’s subsidiary, SG Capital, teams up Aurora to offer CLICK2GOLD, installment service on gold buying.
Comment: At what point can we say that all this lending domestically is getting out of hand? Or is purely replacing the old loan shark networks within each province/city/town.
SMD secures Bt131m worth of medical supply contracts for 2 field hospitals.
TEAMG wins consultancy contract for development of U-Tapao airport and Eastern Aviation City from EEC office total Bt 415.16m.
THANI’s firm on 23-24% loan growth this year to Bt23b, with >10% expected over next 3-5 years, to start truck title loans in 4Q.