Last month Toyota said that they would be investing more into Indonesia for certain models, this despite an awful infrastructure system, and now Malaysia is looking for more investments from the auto sector as well. So will Thailand see less investment going forward? What impact will this have on SAT, TRU, STANLY and IHL on […]
Read More →BMCL SRT advised not to take BMCL rights offer — The SRT’s financial advisor has concluded that SRT should not inject equity into BMCL, as it will remain in control despite the dilution of its holding to 14% if it does not take the capital increase rights offering. SRT will host a meeting today to […]
Read More →The clever folks at Thanachart Securities put this out during the week as the changes in the SET50 and SET 100 are expected in the 2nd week of December ’13. Basically new additions in the SET 50 include VGI & THCOM replacing KKP & MAKRO, and for the SET100 +BMCL, CHG, ERW, N-PARK, TFD, TICON, […]
Read More →While the news for most of this year has been about the fact that too many cars were sold last year domestically and that auto manufacturers were going to suffer tremendously. What we’ve seen is that yes there has been a slowdown in domestic purchases and Thailand’s car exports continue to grow strongly and with […]
Read More →The Board of Investment (BoI) recently announced a 2nd generation eco-car plan and producers can request applications between now and 31 March 2014. So what are the key details? Eco-cars phase 1 Eco-Cars Phase 2 Petrol-fuelled engines 1300 cc 1300 cc Diesel engines 1400 cc 1500 cc Fuel efficiency 5.0 l / 100 km 4.3 […]
Read More →IRPC IRPC expects to return to profitability this year – Despite adverse impacts from the weak baht, IRPC expects to reap some profits this year as opposed to the loss it incurred last year, thanks to improved oil-refining rates amid an improving global economic situation and the rise of crude-oil prices, coupled with some expansion […]
Read More →BTS Drawing up expansion plan — BTS says it is preparing its personnel and financial planning to facilitate its expansion plan for the next 10 years. It said it has the financial capability to invest in up to four lines valued at Bt120bn. (Krungthep Turakij, 02/09/13) GLAND Looks for a good year — GLAND announced […]
Read More →BECL Traffic growth sinks in February off high base — BECL reported traffic growth of 0.21% YoY in Feb 2013, braking hard from 2.6% in Jan 13. (Company data) CPF CPF targeting health-conscious, overseas — CPF’s new ready-to-eat brown rice-jasmine rice is aimed at a new focus on healthful eating by much of the younger […]
Read More →BTS BTS Ridership grows nicely in November — BTS reports high ridership at 566,048 passengers/day, +26% YoY in November. (Company) Comment: You still have to wait in queue just get on the damn thing in the morning! Essentially looking @ this via the infrastructure fund, easy for the co to hit THB 8/share next year. […]
Read More →Slightly skewed data given that this time last year the floods were all over Thailand and coming towards BKK but still, sales up 233% up to 142,839 units, the details are as follows: Passenger cars accounted for 72,211 units, up 263.7 per cent Commercial vehicles which include 1-tonne pickups stood at 70,628 units or up […]
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