AAV will ask regulators to change the rule requiring airlines to keep middle seats open, aiming to increase capacity ahead of the government’s domestic tourism promotion next month. Comment: I’m flying tonight and rather happy that I didn’t have to pay to book a seat. Now, the average price of an Air Asia ticket has […]
Read More →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 […]
Read More →AWC, KTC, TOA are expected to be added to MSCI Global Standard to be announced May 12, tabloid. BA to resume domestic flights on May 15, starting with 2 flights to and from Samui daily. Comment: The samui monopoly (okok market leader) begins. BTS will increase trains frequency to avoid overcrowded on lockdown easing starts […]
Read More →BTS firms on plan to cod north green line extension Saphanmai-KuKhot in 4Q as light traffic allows construction to get ahead of schedule. CPF sees missing earlier growth forecast of 8-10% this year, cuts capex by half to Bt10b. Comment: If every corporate is cutting capex => less spending => less growth ILINK announced buy […]
Read More →AP maintained launch plan 37 residential projects worth Bt47.1b, eyes Bt40.5b revenue target, Bt51.9b backlog to realize till FY23. Comment: Well they are perhaps the most aggressive developer out there at the moment BCP’s confident of rebound in GRM in 2H, boosting this year EBITDA growth of 20%, plans 60 new retail stations from current […]
Read More →ADVANC sets Bt10-15b 1-year capex to expand 5G network, while Fitch said 5G capex is credit neutral. AOT cuts fix rent by 20%, waives minimum payment for revenue sharing for tenants only variable percentages applied from February 1,20 till January 31,21, stretching payment terms for operators in the airport for 6 months for payment due […]
Read More →BTS will kick-off trial run of Gold line (Thonburi-Khlongsan Iconsiam) in April, t/g cod North Green line extension 3 stations (Forest dept-Bangbua & 11th Infantry in 2H20. CHAYO upbeats FY20 earnings from larger debts under management yoy, anticipates wider margins from low rate environment, will add more NPLs in portfolio. Comment: And JMT should have […]
Read More →BANPU to buy additional 50% in Springvale mine and Angus place in AU, transaction incurred no cash payment, will accept Bt864m liabilities for the purchase. BANPU raised stake in Australian mine from 50% to 100%, for Bt864m. Comment: Acquiring assets in the US and Australia. Tabloid reports BBL may book as much as Bt4b gain […]
Read More →AOT’s current duty free operator, King Power, awarded a 11-years DMK airport duty free management concession from FY22-FY33. Comment: Well that was quick BBL to compete with Sumitimi Mitsui Financial for StanChart Indon. Comment: No more growth nor NIM expansion left in Thailand, Indonesia does look like a far better bet for the next 10-20 […]
Read More →BGC expects 4Q turnaround from lower bottle production costs as gas & cullet price drops, full quarter contribution of 74mw solar farm, recovery sales volume as demand for F&B grows. Comment: When Singha Beer sneezes, BGC catches the flu. BJC’s firm on 4-5% revenue growth target this year, sets Bt10b next year capex for glass […]
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