AMATA – New strategy will slow growth — AMATA said that revenues and profits this year are expected to slow due to a new business strategy, which focuses on long-term leases on land of up to 30 years instead of selling the land. The company hopes to hold on to its assets for the long term […]
Read More →Applications for Board of Investment (BoI) privileges in 2012 topped 1.46 trillion baht, the highest ever, Industry Minister Prasert Boonchaisuk said on Thursday. The number of projects rose from 2011 by 29.7%, while investment worth was up 131%. These investment projects would create an estimated 348,866 jobs, the minister said. Source: Bangkok Post Booyah! This […]
Read More →The THB 2.2 trn infrastructure budget has been bouncing around the government for the past 2 years and now it looks likely to go ahead in 2014. There were a few interesting points from the article in today’s paper that caught my eye. In addition to rail projects, nearly a quarter of the 2.2-trillion-baht budget […]
Read More →The first two months of the year are all about the recovery of businesses affected from the flooding, specifically the Industrial’s sector. Both Amata and Hemraj have benefited tremendously from the flood crisis as their industrial estates were not affected at all, also Ticon has begun to recover as the impact on their rental factory […]
Read More →As mentioned in a previous post last week, the market continues to rally strongly on the back of ECB funding essentially saving financial institutions in the Euro zone from going bankrupt. The industrial sector has continued to perform well on the back of news that Amata and Hemraj Plc are going to have very good […]
Read More →Sony (digital cameras) has recently moved its largest camera production site in the world out of the Hi-Tech Industrial Estate in Bang Pa-in, Ayutthaya province to its facility in Amata Nakorn, Chonburi. It is also planning to build a new production plant at Amata Nakorn. NEC TOKIN Electronics (Thailand) Co Ltd located at Navanakorn Industrial […]
Read More →Commentary: Year to date the Technology sector is still the best performer due to the Telco’s remaining buoyant on the back to potential 3G licensing to come through. Industrials are obviously the worst performers because of the flood crisis in Thailand. But we feel that there are good undervalued companies in this sector now because […]
Read More →Ladies n gents I’m happy to say that we have a guest blogger, Ms. Ploy Tang-u-thaisuk, who will be posting her thoughts on the Thai market, derivatives, stocks, and sectors here weekly. Despite her youth, I’ve been tracking her comments/thoughts over the past few years and have found them to be an excellent resource when […]
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