Thailand Thai economy unlikely to grow 4% this year as the export sector has been hit by the slowing global economy in the past 12 months, says Finance Minister Sommai Phasee. (IQ Biz, 27/03/15) The Commerce Ministry reported yesterday exports fell for a second consecutive month in February, down by 6.14% year on-year to $17.2 […]
Read More →ANAN ANAN expects real estate revenue to reach Bt10.5bn this year backed by large backlog of Bt35bn. It will launch 12 projects worth Bt31.5bn. Its presales were impressive at Bt7.5bn in 1Q15. (Kao Hoon, 27/3/15) Comment: Again the question for ANAN is how much can operating margins improve. Should they match industry average then the […]
Read More →AOT APPS moving forward – AOT’s board has approved the hiring of 2S Consortium to operate the Advance Passenger Processing System (APPS), an online passenger-information exchange system, to improve customs and immigration services and shorten entry time at airports. The consortium consists of Somapa Information Technology and Samart Comtech. AOT will charge Bt35/passenger and expects […]
Read More →NCL sees regional potential for full-service model NCL International Logistics Plc, which listed on the Market for Alternative Investment last November, is a logistics solutions provider to industries ranging from petrochemicals and industrial goods to agriculture. Chief executive Kitti Phuathavornskul discusses the company’s strategy and outlook. What is NCL’s business model? NCL is a logistics […]
Read More →This is fairly short interview regarding the railway track plans in Thailand and China’s role. Short but interesting nonetheless Al Jazeera: Explain why trains and tracks in China are currently not compatible with those of Southeast Asia. Dr. Ruth Banomyong: There is no standard width for railways around the world. For China, it’s 1.44 metres, […]
Read More →APCO APCO will expand marketing channel via APCO Digital Marketing, starting in April. The firm also expects Bt1.6bn in revenue with profit growing six-fold in 2015. The firm expects to move to the main board in 2016. (Kao Hoon, 25/03/15) IEC PPA needs to be completed before IEC will invest in a bio power plant […]
Read More →ADVANC ADVANC ready to bid for any license and on any spectrum available. The firm says the increase in small cells means its network capacity can serve up to 50mn subscribers. Currently, ADVANC has about 44.3mn subs. The firm has launched a new service so called “Beat Banking†to drive data growth this year. (Kao […]
Read More →The market seems to be following the usual euphoria pattern whenever there is a new government in place, it’s the typical 1) New government, wooooooooooooooo things are going to be great, infrastructure and policies are going to be put through immediately 2) Ohh things are taking a bit longer than we expected, but the dream is […]
Read More →Notable Transactions Buy(s) THB 156 mn CPF – The first real director purchase in CPF that I’ve noticed in a long long time. Sell(s) THB 1.2 bn TUF – To see the founder sell off such a huge portion is worrisome. Yes they can argue all they want that its for liquidity blah blah blah. […]
Read More →ANAN ANAN says 1Q15 will be good, backed by large backlog. It will spend Bt4bn for land acquisition and double new launches to Bt31.5bn. It plans to grow backlog to grow revenue over the next five years. It believes the property and building tax will raise developers’ cost. (Thun Hoon, 23 Mar 15) Comment: And […]
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