There’s quite a bit to digest in this latest quarterly letter from GMO, I’ve put in some snippets below but there’s far more thoughts and analysis in the paper itself. The overwhelming driver of the spike in productivity in that decade was the extraordinary growth in production of IT equipment, which grew at 10% real […]
Read More →Exports see marginal rise in 2016. Thailand’s exports rose for a second straight month in December, enabling the performance in 2016 to eke out a marginal growth of 0.45% in 2016, ending three years of contraction. (Bangkok Post, 25/1/17) Big-ticket infrastructure projects get PPP go-ahead. Seven big-ticket infrastructure projects worth 712 billion baht under the […]
Read More →AKR AKR expects 2017 revenue to grow 50% from 2016. It expects to book Bt1.9bn in revenue from transformers and Bt900mn from solar and construction. It expects to benefit from upcoming public bids. It expects to report net profit in 1Q17. (Kao Hoon, 27/01/17) Comment: If AKR will win this amount of projects then expect […]
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