What happened this week 01.04.13 to 05.04.13

Thailand

  • MPC edgy but maintains rate — The Monetary Policy Committee yesterday voiced stronger concern over the brisk trade in property and equities and the surge in bank credit but till kept its policy interest rate unchanged at 2.75%. With one member absent, the MPC voted 5:1 to hold the rate and vowed to keep a close watch on baht and foreign capital movements. (Bangkok Post, 04/04/13)
  • Export growth target maintained at 8-9% — The government is maintaining its export growth target of 8-9% this year despite lingering risks such as the world economic slowdown, mounting trade barriers, natural disasters and the baht’s appreciation. Thai exports fell by 5.8% to US$17.9bn in February but in baht terms they plunged 11.3% to Bt530bn. (Bangkok Post, 04/04/13) Continue reading What happened this week 01.04.13 to 05.04.13

Stocks in the news (dtac, bgh, n-park, true) 05.04.13

DTAC

DTAC continues 3G network expansion — DTAC vows to be at the forefront of the 3G mobile broadband market this year thanks to its upgraded network platform. It expects to almost triple its 3G mobile subscribers from 3.5mn to 10mn this year using its 850- and 2100 MHz frequencies. It is able to install 300 3G base stations per week thanks to its existing 3G-ready network implemented two years ago, Prathet Thankuranum, senior vice-president for operations said. (Bangkok Post, 05/04/13)

BGH

New hospital in Yaowarat — BGH will open a 59-bed hospital “Bangkok Hospital China Town” in the Chinatown area (Yaowarat) in 2014. It also plans three small clinics this year on Sukhapiban I, Watcharaporn and Chareon Krung. (Post Today)

Comment: Small impact on overall numbers for the company but I still think its otw to 200+ Continue reading Stocks in the news (dtac, bgh, n-park, true) 05.04.13