Fitch Rating TH said 6 major banks, designated as domestic systematically important banks or DSIBs by BOT including BBL, KTB, KBANK, SCB, BAY and TTB, are likely to face rising assets risks over nxt several yrs, pressured by a continued rise in impaired loans, which has edged up frm 3.5% at eo-23 to 3.6% eo-24 […]
Read More →KBANK’s rolled out its blockchain-powered e-wallet called Q-Wallet in a regulatory sandbox, allowing foreign travelers to convert stablecoin USDC into THB to fund their spending in the country via Thai QR Payment, without needing a bank account. Comment: Wow. Perhaps the impact on tourism is minimal but this is still an interesting development. THCOM sets […]
Read More →ADVANC x THCOM: enhanced network and satellite terminals for border command centers, mobile task units and strategic border areas to facilitate seamless communication for military officers, improve coordination & real-time situational monitoring. Comment: Has gulf become a strategic national asset of importance? If so, could the country nationlise it? And then pigs will fly BCPG […]
Read More →ECF reported fire incident at rubberwood furniture manufacturing plant in Rayong province, spray-painting area & part of the production area affected, 2 employees were minorly injured, no fatalities were reported. Comment: Be wary of these shares….there’s a “financing group” that are experts in “creating liquidity” involved now. ICN wins 2 contracts including integrated digital radio […]
Read More →AAI said sales expands by 10-15% in 1Q as importers stocking up ahead of US tariffs, sees growth momentum in April. Comment: And are they implying that 2Q will be absolute dog$hit? SAV announced buyback, up to 12.8m shares (2% of paid-up) under Bt180m budget starting from May 1 till Oct 31. Comment: Another buyback […]
Read More →Commerce Min reported Dec total exports +8.7% yoy to $24.8b, marking 6 consecutive months of expansion, key products included rubber, casava products, fresh & processed chicken & fresh & processed fruits. Industrial exports in Dec also climbed for 9-th consecutive month, +11.1% yoy to $20.2b, key contributors included gems & jewellery, computer & components, air […]
Read More →AWC’s urging government to provide incentives for overseas companies to setup their regional HQs in TH, said international tenants at its office towers account for 70%, yet there’s still room to grow. AWC currently is not interested in the proposed legal casinos or entertainment complexes. Comment: Why? Thai Beverage already has this and pay effectively […]
Read More →ADVANC signed GULF 1 to produce electricity from solar (off-grid project) at 20 base stations, target completion by end of year, aims to expand coverage in remote area & save electricity cost. Comment: I thought ADVANC needs a higher EBITDA to pay divvy’s to GULF to fund all the power projects it won. BKIH: BKI […]
Read More →BA mulls adding >20 new planes, including A220 and B737 MAX7, taking total to >30 by 2029, preparing for rises in Samui traffic from 50 to 73 flights, with Bt1,500m capex to upgrade Samui airport. Comment: Are they getting these deathtraps for free? BJC-TIDLOR-ITC are among top candidate to be added in SET50 for 2H24 […]
Read More →EA joins forces with Laos government to establish super holding co., to pursue 7GW clean energy, centrally manage electricity from clean energy in Laos, oversees renewable project expansion, manage electricity exports, support the use of EV in the country to reduce crude imports. Comment: Super Holding Co in dodgy laos? Does EA think they’re going […]
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