AOT Admits to traffic fall in 1H14 — AOT says the political situation has pressured passenger traffic down in 1H14 to the point where management is not certain it will meet its revenue growth target of 10% YoY. It is considering reducing landing fees to give airlines an incentive to come to Thailand. (Khao Hoon, […]
Read More →AOT Management expects 2014 passenger growth of 7.35%, down from prior estimate of 10%due to the slowed economy, political situation and lower Chinese tourism.(Khao Sod, 08/04/14) Comment: This silly country will still continue to perform well regardless of all the rubbish it creates for itself. GUNKUL GUNKUL continues to install solar rooftop after bidding for […]
Read More →AOT AOT to book final flood claim in 2014 — AOT says it will be receiving the remaining compensation for the flooding of Don Muang airport of Bt900mn from total of Bt1bn that it expects to book this year. Don Muang airport’s management reports more than Bt336mn charter flight booking in April. (Khao Hoon, 02/04/14) […]
Read More →AP AP taps Japanese know-how, designs – Mitsubishi Estate Group (MEC), Japan’s biggest property developer, is looking to expand its property investment in Thailand after injecting Bt2.5bn this year through three joint venture condo projects with SET-listed developer AP. MEA signed the joint venture deal with AP in December, starting with three new condo projects […]
Read More →AOT Airport departure tax hike stalled — A bid by Airports of Thailand (AoT) to increase airport departure taxes has been stalled by the political conflict but counter check-in fees will go up anyway, by five baht. Department of Civil Aviation chief Woradej Harnprasert said it was unlikely the planned departure tax increase would be […]
Read More →CPN CPN invests Bt50mn in “CPN the Great Chinese New Year 2014†campaign. It hopes to stimulate consumption and aims shoppers growing 10-20%. (Khao Hoon, 23/1/14) Comment: This company has grown with Thailand’s upcountry growth in the past few years, I can’t really believe rumours that they are supporting the protests at all. GLAND GLAND […]
Read More →CPALL CPALL enters new year with plan to penetrate online shopping business — CPALL has set up a new company called “Twenty Four Shopping Co Ltd†to cater to modern consumer demand for 24 hour shopping. The company targets sales of Bt4.3bn in the first year. (CPALL, 08/01/14) Comment: Small overall impact on the total […]
Read More →AIE AIE confirms strong fundamentals and said 2013 revenue will be Bt4.2bn with 2014 revenue at Bt5.5bn, supported by B7 bio-diesel. It aims to list on mai in January 2014. (Khao Hoon, 16/12/13) BAY BAY expects Bt36bn new property loans in 2013, beating its target of Bt28bn. It is seeing a steady drop in NPLs […]
Read More →BMCL MRTA not to take rights — The MRTA board decided that it will not take its rights in BMCL’s capital increase and will allow its holdings to be diluted to 14%. MRTA’s CFO and financial advisors said that the decision will have no impact on the company’s management as it already holds the concession. […]
Read More →AOT Transport Minister: Look at costs before allowing PSC rise — Chatchart Sithipun, transport minister, said he wants to take a look in detail at AOT’s cost rises before make the decision about raising passenger service charge, because there are more opponents than supporters. (Khao Hoon, 29/10/13) Comment: i’ve been reading that there will be […]
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