CKP sees positive momentum carry thru 3Q driven by strong flow rate at Xayaburi & Nam Ngum hydro power plant on the back of heavy rain from tropical storm Vipa, improved margin on cogen power plant from lower natural gas cost.

CPN collabs with UAE Ministry of Interior to offer exclusive benefits & discounts to 1.5m FAZAA card members, enable UAE’s govt employees & private sector employees registered under Social Security Fund to receive discounts on shopping, dining and hotels at participating outlets.

Comment: Gotta hand it to Central Group – this is quite the effort. 

PTT’s restructuring shareholding of Lotus Pharmaceutical by selling up to 2% of total paid-up through Taiwan Stock Exchange. Innobic (Asia) Co. PTT’s unit, will remain major shareholder of Lotus with a stake of >36% and maintains full confidence in Lotus’s Life Science biz future growth.

Comment: I don’t much about Lotus on the TSE, however seeing major companies throughout the region reduce non-core assets/holdings and bringing capital home seems to be a trend.

TH expelled Cambodian diplomat & recalled ambassador to Cambodia as a formal protest following fresh landmine incident that caused serious injury to infantry soldiers. Second army region orders closure of 4 checkpoints, Ta Muen Thom & Ta Kwai temples, effective from Jul 24: negative to CPALL (112 7-11 branches), BJC (25 stores), OR (186 stations, 254 Café Amazon, 71 minimart), MAJOR (6 theatre), CBG.