Minister of Finance expected GDP growth of 4% due to mid-year budget of Bt190bn and better exports growth. (Thai Post, 30/1/17) BoT expects mortgage loan growth to slow down as a result of slowing demand and high household debt rather than banks’ tightening policy. (Bangkok Biz, 30/1/17) FPO raises growth forecast for GDP. The Fiscal […]
Read More →AAV AAV targets 19.5mn passengers in 2017 and expects load factor of 84%. Going forward, its strategy is to expand its route network to new potential markets including CLMV that will balance revenue contribution which at this point is heavily reliant on the China market. It plans for the expansion to eventually lower the revenue […]
Read More →ASEFA ASEFA targets 2017 revenue growth of 10-15% and plans to bid for government and private jobs. It has backlog on hand of more than Bt1.8bn, of which it will book 70% this year. It has a budget of Bt10mn to open 10 new branches. (Thun Hoon, 02/02/17) Comment: Well if thats the case then […]
Read More →BAY BAY targets loan growth of 6-8% this year by focusing on corporate and personal loans. Ittargets NPLs to not be higher than 2.5% with bad debt of 1.4-1.5%. It expects 4Q16 bad debt tobe higher because of adding one more corporate loan. (Kao Hoon, 01/02/17) Comment: Part of me is still of the viewpoint […]
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