The Treasury Department increased the rental rates on commercial activities on state land to 3-5% of return on assets per year. Previously, it had no clear guidelines. It believed this policy will make renting more efficient. (IQ Biz, 14/4/17) NBTC says it will hold new 4G auction for 1800 and 850 MHZ early in 2018. […]

Songkran has come and gone and now we are back to watching the wonders of the equities market. The months of March – May are typically the busiest because we have full year earnings out and then 1Q #’s. It’s not too surprising to see that the agro/food sector has been weak this year given […]

Finance minister signed agreement to further ease border trades with ASEAN member. The 21st ASEAN Finance Ministers’ meeting in Philippines agrees to ease and facilitate crossborder trade. Thai finance minister signs the 2nd agreement with 6 other nations: Philippines, Brunei, Indonesia, Lao PDR, Singapore, and Vietnam. (PostToday, 11/04/17) Motor Show car sales drop 4.9% from […]

It is Songkran week and what that should mean is very very very low trading volumes.

The Minister of Transport confirms progress of rail projects. The contracts for the Pink and Yellow lines are expected to be signed in April. Three more lines (south-bound Purple, eastbound Orange, and Bangkhae-Budhamonthon Blue) worth Bt237bn will be submitted to the cabinet for approval in June. (Kao Hoon, 05/04/17) The State Railway of Thailand board […]

I do wonder quite often about the ICT sector these days, a dog for 12 months + could valuations be attractive at these levels? YTD it has been one of the best performers.

Notable Transactions Buy(s) THB 32.5mn N/A Sell(s) THB 81.6 mn N/A

Erm, there’s been nothing exciting. Except maybe Brazilian poultry and meat issues that have now given any shareholders in cpf, gfpt, and tfg reason to exit.

Public to get first crack at TFF’s IPO. The State Enterprise Policy Office (Sepo) will apply a small-lot first basis for the imminent initial public offering (IPO) of the Thailand Future Fund (TFF) to enable more retail investors to invest in the infrastructure fund. (Bangkok Post, 13/3/17) State keen to fast-track EEC PPP projects. The […]

The finance sector has been hit hard by the decline in GL which led to subsequent declines in MTLS and SAWAD as well. But the story now is around oil again, we chart out the demand/supply internally and regardless of what the news continues to say we have been seeing supply continually increasing in the […]