Listed companies reported total net profits for the first nine months of 2011 of 511.9 billion baht, an increase of 2.4% from 500 billion in the same period last year, according to Tientip Subhanij, director of the SET’s Capital Market Research Institute. Sales revenue in the period rose 30% year-on-year to 6 trillion baht for […]
Tag Archives | Thailand Stock Market Research
IVL supported by strong sales volumes
Indorama Ventures Plc is expected to show strong sales volume next year, with contributions from its 5 acquisitions made in the first quarter of this year which add up capacity by 1.7 million tonnes, said DBS Research. Contributing to strong sales also includes the full production at Alpha PET plant with 432,000 tonnes of PET […]
EU crisis leaves SET adrift
Chaiyaporn Nompitakcharoen Head of tactical research Bualuang Securities The SET Index dropped 0.97 per cent to close at 964.04 points after a week in which the market’s movements caused headaches for analysts. It seems that the market continues to react to surprises from Europe, which cause equities to wander aimlessly. A solution to the debt […]
Siam Future CEO plans to expand with Bangkok
Founded in 1994 and listed on the Stock Exchange of Thailand in 2001, Siam Future Development Plc (SF) has been the leader in open-air shopping centres for 12 years. It provides a range of specialised real estate services such as acquisition, development, management and consultancy on shopping centres, with a focus on Bangkok and other […]
Floods hit luxury malls, but others hold on
As the massive flood has hit many areas of Bangkok, it has seriously dampened the enthusiasm of local shoppers, with the number of daily visits to many malls down by as much as 20 per cent. Satima Tanabe, deputy general manager of Gaysorn Shopping Centre, said the number of local visitors to the luxurious mall […]
Moody’s sees no impact from flood damage
The floods will affect the government’s finances, increasing expenditure and depressing revenue, but are not expected to affect the Kingdom’s creditworthiness, said Moody’s Investors Service. In its weekly credit-outlook report, prepared by Christian de Guzman, assistant vice president-analyst, Sovereign Risk Group at Moody.
Reopening 45 days after water recedes
Most of the factories in seven inundated industrial estates should be able to reopen within 45 days after floodwaters recede as the government has vowed to provide full financial support for their rehabilitation. For estates incapable of raising funds for immediate investment in infrastructure rehabilitation, the government would act as a middleman to seek new […]
Thailand: 17th ‘easiest’ for business
Thailand is ranked 17th among the easiest places to do business in, according to the World Bank’s “Doing Business 2012” report. In East Asia and the Pacific, Thailand is ranked third, behind Singapore and Hong Kong. Released yesterday, the report put Singapore at the top as the country where it is easiest to do business […]
TAT preparing to lure back tourists after floods
The Tourism Authority of Thailand is preparing measures to rejuvenate the tourism industry once the flooding subsides while reaffirming its visitor-arrival forecast of more than 15 million this year. TAT plans to invite more than 130 front-line operators from Singapore, Malaysia, Indonesia, Vietnam, India and Australia next month to visit Bangkok and other centres including […]
Firms try to stay open
Business operators say they would rather carry on normal operations with well-prepared contingency plans than close down in the face of flood warnings from the Bangkok Metropolitan Administration. TMB Bank has had to close 11 branches in outer Bangkok areas affected by the floods, but it has set up a special team to monitor flood […]
