KBANK’s rolled out its blockchain-powered e-wallet called Q-Wallet in a regulatory sandbox, allowing foreign travelers to convert stablecoin USDC into THB to fund their spending in the country via Thai QR Payment, without needing a bank account.

Comment: Wow. Perhaps the impact on tourism is minimal but this is still an interesting development. 

THCOM sets 20% revenue target vs overall for “Space Tech” business in 5 years from 5% currently, sees growth in carbon credit trading business, after securing 2 clients so far this year, while in talks with new client in Laos.

Comment: Carbon credit trading is such a scam…

TOP sees higher 2H GRM at $4.3, boosted by closure of non-competitive US and EU refineries, despite weakness in 3Q, mulls proposing interim dividend at Sept board meeting, and sourcing for new contractor for CFP by end of year.

Comment: The only thing stopping TOP to move back to the 50’s is the rather large risk of the CFP project…let’s see what happens here.