AOT: TAT anticipates surge in tourists arrival in 2H after collab with airlines to offer holiday pkg or special airfare for long-stay travelers, Air Canada agreed to launch long-stay airfares btw Vancouver-BKK from Oct. For EU winter schedule, Iberojet, a Spanish-Portuguese charter, will operate 7 charter flights a week between Madrid & BKK, Condor, German […]
Read More →CPW maintained 20% FY21 revenue growth target supported by new IT & gadget products launch during the year, larger contribution from online sales, wider margins from IoT & smart home products. Comment: A C-grade version of COM7 ECF sees recovery in furniture mkt on seasonal and weak THB, while Minbu solar PP in Myanmar have […]
Read More →TS & BEM expect MRT ridership to recover on reopening of schools and longer operating hours of business from February 1. Comment: I wonder how long these 2 will wait before selling the lines to an infra fund. ECF sets 10-12% revenue growth target this year, on rising furniture orders, both local and overseas, sets […]
Read More →AS to launch 8-10 online games in FY21, expects download jumps from 2nd round of Covid spreads, target 15-20% next year. BCP sets Bt23b capex for FY21 to revamp cracking unit and R&D petroleum products, purges holding in Lithuim Americal Corp (LAC) for $136m vs initial investment of $36m, cap gains will be rec directly […]
Read More →AOT said remedy packages offering to airlines will dent its revenue this year by 17%, in talks to reduce state prop charges and cutting other costs. Comment: Plus take into account the packages given to renters. Their earnings are gone for the year. CBG will add more functional drink on shelf after sales of Woody […]
Read More →CI sets Bt6.4b capex for 6 projects this year, while Sri Panwa Hainan hotel to open next year. ECF’s unit, ECF-Power, to cod 50mw Minbu solar projects in Myanmar on Jun 27, will book 20% contribution from investment, target cod phase 2-4 combined 220mw by end of-FY21. MG launches new EV, MG ZS EV suv, […]
Read More →BANPU BPP, a subsidiary of BANPU, will start commercial operations of a solar farm in Japan. BANPU will begin to book revenue from this shareholding of 15.35MW in 4Q18. BANPU has total electricity production capacity of 2,100MW. It expects earnings of Bt8.8bn, supported by higher coal price and revenue sharing from the power plant business. […]
Read More →AOT AOT entered into joint venture with SAL to improve parking service and airport equipment. It will hold 49% of the JV. It is looking for new investments. (Thun Hoon, 12/10/18) BGRIM BGRIM signed its Power Purchase Agreement (PPA) with Vietnam’s government. The 257MW plant will start commercial operations on June 30, 2019, boosting revenue […]
Read More →BDMS BDMS is working with Movenpick group to set up “Movenpick BDMS Wellness Resort”. The resort will open in 2019. (Kao Hoon, 6/9/18) Comment: Not the worst idea, combining both of the key positive trends for Thailand, tourism and healthcare BKD BKD is engaging in the real estate business in Myanmar after signing a three-year […]
Read More →DELTA Delta Taiwan upping holding to alleviate trade war risk. The President of DELTA Taiwan reiterated that the increase of the parent company’s holding in DELTA is being undertaken to reduce the risks arising out of a trade. (Thun Hoon, 7/8/18) Comment: That is the rhetoric from the company…and then the media domestically and internationally […]
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