Draft windfall tax on EEC agenda : Agency to discuss details of levy with Finance Ministry soon. The Eastern Economic Corridor (EEC) Office plans to talk with the Finance Ministry soon about a draft bill on taxing windfall gains to collect capital gains tax from companies, property owners and speculators that are expected to gain […]
Read More →Notable Transactions As a quick comment – these past two weeks have seen more management buying across the board than I’ve seen in the past 12 months, however it still is relatively small in total value terms Buy(s) THB 347 mn BA – And he continues to buy and buy and buy NSI – It’s […]
Read More →Complete market coverage the key for Erawan The Erawan Group Plc (ERW) operates more than 5,000 hotel rooms ranging from budget to luxury, and aims to become Thailand’s leading hotel developer and investor. President Kamonwan Wipulakorn discusses the company’s strategy and outlook. Please explain Erawan’s business model. Erawan operates in the hotel industry and focuses […]
Read More →Note: This will be the last WHTW post including all the global news events, going forward it will just be a summary of 10 key points in total Thailand FPO still confident of 3% growth despite export woe – The decline in Thai exports is not as bad as those experienced by some of neighbouring […]
Read More →In an article from Bloomberg last week, it stated how the CIO of the SSO commented on his personal blog that the market was appearing cheap, and here are the two following quotes: Tourism and commerce companies in particular offer a bargain, Win Phromphaet, the head of investment at Social Security Office, wrote in his […]
Read More →Its that time of the year, post 3Q12 results when Thai public companies come to the Stock Exchange of Thailand to talk about their businesses and results for the past quarter and expectations going forward, I highly suggest that if you’re in Thailand or even within the region that you come just for a day […]
Read More →Originally published in the Bangkok Post 14th September BTS Group is a leading provider of passenger services in Thailand, focusing on rail mass transit in Bangkok. Among the 50 largest companies on the SET by market capitalisation, it is also the largest out-of-home media company in Thailand and is engaged in property development along mass-transit […]
Read More →Markets are still soaring, YTD up 3.3% with all sectors in the green and only financials underperforming because of the Thai government wanting to transfer the FIDF debt burden from the government’s balance sheet to the Bank of Thailand’s balance sheet. Looks like the LTRO from the ECB is working its liquidity wonders similar to […]
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