Populist budget close to legal limit. Little room remains in the budget for the government to spend further on populist policies through state-owned financial institutions, as populist spending is nearing the cap of 30% of the annual budget, says an informed source at the Finance Ministry. (Bangkok Post, 14/08/18) Ageing Society may slow GDP. BoT […]
Read More →BANPU BANPU expects 2018 revenue of US$3.5bn, +25%YoY. It expects 2H18 coal price at US$100/ton. It maintains its target sales volume at 45mn tons. (Kao Hoon, 17/8/18) BGRIM BGRIM signed a contract to purchase 80mn shares or 80% of Fujian TTP Joystock, the owner of a 257MW solar power plant in Vietnam. The purchase is […]
Read More →Do Day Dream PCL (SET:DDD) Chief Financial Officer, Khun Piyawat Ratchapolsitte discusses the company’s strategy and outlook TET: Please explain the history of DDD. DDD: The founder, Dr. Sarawut Pornpatanark had a desire to do something different from the family business and launched DDD in 2010. Initially we were focused on OEM manufacturing for smaller domestic brands […]
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