AOT: JPN-based LCC, Zipair, will increase flights from Narita-BKK route from daily to 10 flights/week starting from winter timetable on Oct 27. ASIAN revised down FY revenue target to Bt10.21b from Bt11.36b, cuts GPM to 14-15% range due to impact from strong THB & US tariffs on frozen seafood exports, mulls expanding revenue from pet […]
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 →ASK: Chailease Capital raised holding by 7.9827% to 9.4219% on Jun 6. Comment: I still remember when the share price was going sky high in 2021 and they raised capital and asking a good friend (Mrs ML I know you’re here), “since when did ASK become a growth stock?” and she went “this world is […]
Read More →ADVANC, GULF, JAS secure exclusive rights for Thai Football League broadcasts for the next 4 seasons till 2029, includes an option for a 2-year extension. Comment: It does feel that Gulf is slowly chopping away at the stranglehold that CP group has had with True. AOT: Emirates launch 2 new routes via BKK-Danang & BKK-Siam […]
Read More →APCO in talks Nigeria prtnr to expand health supplement biz in Africa, expects to secure OEM ords to supply 12 items at first phase, ink deal in Jun. AOT: Austrian Airlines will increase flights frm Vienna to BKK, operating double daily services for an upcoming winter flight scheduled frm Oct till Apr 2026. AWC & […]
Read More →EPG collabs with metal sheet roofing producer, Assavas Metal, to joint expand roof solution, bringing its AERO-ROOF insulation to combine with Assavas roofing system. Comment: Who cares about EPG…really…tell me? anyone? anyone? Does the company now have 1,000,000 patents? Perhaps the company should focus on getting their returns on capital/assets/equity higher. LTS’s board approved acquisition […]
Read More →AMATA keeps FY industrial land sales target at 1,400 acres (3,500 rais) +15% yoy driven by demand from data center, electronics and auto sector at EEC area in Rayong & Chonburi, growth from Amata Smart City Namor in Laos remain intact supported by industrial clients from China, 50% of Bt 21.49b land sales backlog to […]
Read More →AAV said overall Chinese arrivals this year will be closer to 6m, after only ~1.5m recorded in 1Q, and vs TAT’s target of 8m, urging Government to deal with sluggish Chinese market. Comment: Still not bad given the situation. BKI target FY25 insurance premium +8% yoy to Bt34.2b (motor Bt14.7b & non-motor Bt19.5b), in talks […]
Read More →CP Group, major holder of CPALL, was approached by Seven & I founder family to join in management buyout of 7-11 convenience store chain to fend off a $47b takeover from Canada’s Alimentation Couche-Tard. Itochu & Apollo Global Management are among potential partners the family has reportedly sounded out. Comment: This is amusing. Some believe […]
Read More →FORTH sets >Bt10b revenue target this year on growth in all segments, with Bt4-5b target for Government’s Enterprise Solutions bids, focusing on high margin project with less competitions., sees solid growth in FSMART’s loan growth, and expand Tao Bin overseas. Comment: This will be interesting to observe… GUNKUL maintains Bt10b FY25 revenue growth target, sees […]
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