A great article I just found on the FT’s website talking about how the changes in the Mekong trade are affecting Thailand’s trade with its neighbours, the key points are as follows: Credit-fuelled consumption booms in Laos and Cambodia have begun to soften, while Myanmar is diversifying its trading relationships. The result has been sharp falls […]
Read More →BANPU BANPU plans to list subsidiary Banpu Power (BPP) on the SET in 1Q16. It targets an increase in electricity capacity from 1,878MW to 2,700MW to 4,000MW in the long term. (Khao Hoon, 09/09/15) Comment: This should change the value proposition in BANPU dramatically. BROCK BROCK is talking to three prospective partners to invest in […]
Read More →Notable Transactions Buy(s) THB 400 mn EARTH – What is going on with EARTH’s shares? They seem to constantly be transacting left pocket to right pocket, are the owners using their shares as equity financing? We believe so, can’t prove it, but they seem to be taking a hit if so. MALEE – Looks like […]
Read More →Volatility reigns supreme these days in the financial markets and with the Fed meeting in the next week we have our doubts it will subside. The Thai baht itself has continued to weaken and passed 36 to the USD yesterday, and we wouldn’t bet against a further weakening for the rest of the year. Anything […]
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