As a sector its earnings grew 25% YoY with KK, BAY, KBANK, and KTB showing incredible earnings growth. The combination of a recovering Thai economy from the 2011 floods, automobile incentive scheme, housing schemes, reduction in corporate income tax from 30% to 23% all boosted their earnings strongly. Going forward however the same elements aren’t […]

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AOT – Expects 83mn people to pass through airports this year — AOT expects the number of airport passengers for the six airports under its management to reach 83mn in 2013. This is a 9.2% growth from last year’s 76mn and higher than the 78mn previously estimated. (Khao Hoon, 23/01/13) Comment: Tourism is one massive […]

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