AP AP expects 2Q16 earnings to continue to grow, supported by its transfers. It expects 2016 revenue will hit target at Bt23.7bn supported by backlog of Bt12.9bn and the launch of 13 new projects. (Thun Hoon, 05/07/16) BIG BIG has opened its “WONDER PHOTO SHOP”, its first outlet for printing photos from smartphones. This has […]

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AOT AOT is confident that FY2016 profit will be a new high. It reports 1H16 profit of Bt10.1bn supported by tourism recovery. It targets 2016 passengers of more than 12.5%. It will increase its investment budget to Bt194bn to develop six airports and increase non-aeronautical ratio to 50%. (Thun Hoon, 04/07/16) BJC BJC announces a […]

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The property developer Chewathai (CHEWA) listed on the Market for Alternative Investment in April of this year. Managing director Boon Choon Kiat discusses the company’s strategy and outlook. Mr Boon says oversupply in certain areas of the property market makes it rarer for projects to sell out overnight. Established communities and mass transit access are […]

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Adjustment could save state B10bn a year — The Fiscal Policy Office (FPO) is considering reviewing the blanket living allowance for the elderly in order to cease paying the subsidy to those with sufficient income and reallocating this portion to others. (Bangkok Post, 27/6/16) ASEAN to press RCEP to cut tariffs on 92% of goods […]

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BANPU BANPU expects 2Q16 earnings to be good backed by Hong-Sa power plant. It expects its 78.5MW solar farm in China to contribute revenue in 2H16. It plans to acquire more coal mines. (Thun Hoon, 30/06/16) Comment: I have this awful feeling in my stomach that banpu could pull a thai airways despite the #’s […]

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