Dems adopt primary vote in leadership race. For the first time in its history, members will choose top-seat contender. A primary voting system intended to give the public more active engagement in politics will be adopted by the Democrat Party to decide its next leader, which could set the tone for other parties under a […]
Read More →BM BM expects 3Q18 results to be outstanding, supported by new orders. It is confident that revenue will grow by 10-20% to reach Bt1bn. Backlog is Bt500mn, all of which will be booked as revenue this year. It plans to launch a new product. It was awarded a project bid from DTAC to set up […]
Read More →Cho Thavee PCL (SET:CHO) Director, Mr. Suradech Taweesaengsakulthai discusses the company’s strategy and outlook in The Executive Talk (TET) TET: Please explain the history of CHO. CHO: Our founder, K. Cho Taweesaengsakluthai originally began as a rice mill managing 5 mills throughout the Northeast region in Thailand. However, his key passion was in engines and automotives, […]
Read More →AGE AGE expects high season in 4Q18. It has 500-666k tons of coal prepared to send to customers. It expects sales volume to reach 3mn tons after it sold 1.8mn tons in 1H18. (Thun Hoon, 13/9/18) Comment: Well..ok but I don’t see much happening here regardless, and the #’s aren’t showing much either. AMATA AMATA […]
Read More →ANAN ANAN launched IDEO Ratchada-Sutthisan condominium worth Bt1.6bn, boosting sales in 3Q18. Unit price starts at Bt2.49mn. It has contracted CIMBT to issue subordinated debentures at a rate of 8.5% for the first five years. It plans to sell the debentures to local institutions and HNWIs on Sep 20-25. (Thun Hoon, 12/9/18) Comment: Everything is […]
Read More →AUCT AUCT is working with a new partner to bring cars to auction. It expects car auction volume to grow by 20% this year from 60k cars last year. It says YTD auction volume is good and business is recovering. (Thun Hoon, 11/9/18) Comment: But their vision of being the auction house of every asset […]
Read More →AOT AOT is considering to postponing the bidding for duty free originally planned for September as the construction of Suvarnabhumi phase 2 has been delayed since it must wait for an Administrative Court ruling, the Permanent Secretary of the Treasury said. (Thun Hoon, 10/9/18) Comment: Oh that’s just ridiculous! The Duty free business is worth […]
Read More →Notable Transactions Buy(s) THB 24.9 mn N/A Sell(s) THB 9.4 mn N/A
Read More →Trump isn’t stopping with the rhetoric on trade wars, and this will probably continue until the mid-term elections in November in the US. Currencies in emerging markets continue to be smacked but the THB, believe it or not, has remained relatively strong. The USD has always been my biggest worry for the past 12 months…followed […]
Read More →Provincial airports plan service charge hike. The Department of Airports plans to raise the passenger service charge (PSC) on departing travelers on international flights at its 22 airports by 50% to Bt600. The rate for domestic flights, now at 50 baht, remains the same, he said. The airports currently charge Bt400 per passenger for international […]
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