AOT: Korean-based Asiana Airlines will increase flights Seoul Incheon-BK route frm 11 wkly to double daily starting Jan 2026, United Airlines will launch LA-HK-BKK route for summer schedule in 2026, expects to restore direct flights to the US aft safety rating back to CAT1. Comment: I’ll need to do the #’s again, but last I […]
Read More →BEM sees record high profit this year to Bt3.9b, boosted by Government’s Bt20 flat fare for electric trains in BKK effective from Oct 1 this year, covering 8 lines and 13 routes and 276.84kms in total, seeing 20% jump in ridership. Comment: Well yes and no, it’s a function of a new line up and […]
Read More →AOT to lure private sector to develop 46 pieces of land around its 6 airports, covering 2,152 rais or 993 acres to diversify rev mix from the current 55:45 (aero : non-aero) Comment: If they do more shopping malls…it’d be ridiculous. One hopes that they actually develop something that is more outdoor active focused – […]
Read More →GULF in 70:30 JV with PTT to build a LNG receiving terminal in Map Ta Phut deep-sea port with carrying capacity of 5m tonnes a year to help it better manage imported LNG which will be supplied to its power plants. Comment: It’s amusing that the government is actively partnering with the crony capitalist vehicle […]
Read More →LTS: affiliates co., SIAM AI, installed 2 units of Nvidia Grace Blackwell system, GB200 NVL72 GPU, Bt100m each to accommodate extremely large AI model will takes delivery additional 46 units by end of-May, allots additional Bt50m for network & server upgrade to accommodate hyperscaler clients. Comment: This was a pumped name in 2024…let’s see how […]
Read More →ADVANC’s broadband unit, 3BBIF, restructuring loan with BBL, interest will be lowered from MLR to MLR -2.9% on Bt5.45b outstanding loan in accordance with BBL facility agreement. BAM allots Bt8b budget to purchase bad debts this year, aims to scoop up Bt30b-Bt40b depending on quality, launch financial prog (Smart Garden Home), allows NPA buyers who […]
Read More →KCE acquires KCE Printed Circuit Boards Gmbh (KCED), a distributor of PCB in Germany & Europe for EUR 10.65m (Bt 380m), aims to manage selling price, revamp logistic & admin to enhance effective operation & reduce costs, facilitating direct communication with customers, transaction to complete by end of March Comment: This reads like a left […]
Read More →BGC sees 3Q turnaround on jump start bottles & containers restocking ahead of holiday season, recovery consumption on the back of cash handout stimulus, lower energy costs and soda ash price boost margin. Comment: Up and down….at the end of the day there isn’t much overall volume growth in the industry. CPAXT will relist under […]
Read More →BAY’s card unit, Krungsri Consumer, keeps FY card spending target at Bt393b, +8% yoy, new loan at Bt100b, +9% yoy, Bt151b outstanding loan book at end of year. Comment: And you think there’s not enough demand for loans.. PRM sees demand for floating storage unit accelerate in 3Q, target FY utilization rate within 85-90% range, […]
Read More →AOT: British Airways flights from LDN-BKK will return in October after paused in FY20, reservation opened on Mar 5. Comment: Who wants to fly BA? No one, its full of old white aunties that give you the worst service. But ok this is a good sign for the continued improvement in tourism to/from Thailand. BAY […]
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