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HISTORICAL FACTS: 9 | History Defined

Foreign funds flock to Asia amid economic recovery

Foreign funds continued to flow into Asian stock markets in January, backed by the economic recovery and China's reopening, according to a Stock Exchange of Thailand (SET) briefing on Tuesday.

Bangkok Post

Thai hotels set sights on global growth

Thai hospitality is globally recognised for its unique service standards, which have assisted many homegrown hotel companies in their international expansion over the past few decades.

Bangkok Post

Mainland buyers seek quick move amid zero-Covid fears

Ready-to-move-in condos in Thailand are attracting Chinese buyers as the majority of them want to speed up relocation to the country due to concerns over the future of Beijing's zero-Covid policy.

Bangkok Post

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PF allots B2bn for HQ, project

SET-listed developer Property Perfect Plc (PF) plans to spend 2 billion baht to develop a mixed-use project and its new headquarters on Ratchadaphisek Road in Huai Khwang, with retail space managed by the operator of Jodd Fairs night bazaar.

Bangkok Post

WHA targets 5-year revenue of B100bn

SET-listed WHA Corporation, the country's largest developer of built-to-suit logistics facilities, is targeting revenue of 100 billion baht from 2023 to 2027, alongside 68.5 billion baht in investments.

Bangkok Post

Thachang Green Energy bags solid waste contract

Thachang Green Energy (TGE), the SET-listed biomass power plant developer and operator, has been awarded a contract to invest, develop and operate a power plant and manage the municipal solid waste of Tambon Nong Mamong in Nong Mamong district of Chai Nat province.

Bangkok Post

Centara extends Krabi hotel agreement

SET-listed Centara Hotels & Resorts yesterday confirmed the signing of a new contract agreement to continue managing the Centara Anda Dhevi Resort & Spa Krabi for another ten years.

Bangkok Post

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Re:SET concert series, a mini-Coachella, headed to 12 cities, with LCD Soundsystem, boygenius

SAN DIEGO — The producers of the new Re:SET concert series, which will be held for three days in San Diego and 11 other U.S. cities in June, aren’t calling their event a mini-Coachella.

Tribune News Service

Sansiri to launch B75bn of developments

SET-listed developer Sansiri Plc is planning to launch 52 new projects worth a combined 75 billion baht this year, with the aim of securing an all-time high of 55 billion baht in presales and 40 billion baht in revenue.

Bangkok Post

Business is booming for BDMS

From its origins owning a small hospital 50 years ago, today Bangkok Dusit Medical Services (BDMS) has become the largest hospital network in Asia-Pacific.

Bangkok Post

KBank sets target of 5-7% loan growth this year

Kasikornbank (KBank) aims to grow its lending by 5-7% and control the quality of its assets, with a non-performing loan (NPL) ratio target of less than 3.25%, according to its 2023 financial goals.

Bangkok Post

SCG anticipates 10% revenue growth

SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its revenue in 2023 to grow by 10% as it aims to gain more income from a petrochemical business in Vietnam and improving economic conditions.

Bangkok Post

Singha Estate to focus on pricier homes

SET-listed developer Singha Estate has paused new condo development and will launch only low-rise houses in high-priced segments, with five new projects worth a combined 10 billion baht planned for this year.

Bangkok Post

Carabao diversifying into beer

SET-listed Carabao Group (CBG), the maker of Carabao Dang energy drinks, is preparing to invest 4 billion baht to produce beer locally to be marketed in the fourth quarter of this year, according to its chairman.

Bangkok Post

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Bangkok Post

TKC sets out revenue plan amid slowdown

SET-listed digital solutions provider Turnkey Communication Services (TKC) has set a target of 15% annual revenue growth over the next five years, driven by an increase in digital adoption by enterprises in order to survive amid the economic slowdown.

Bangkok Post

KTC records 20% net profit growth in 2022

SET-listed Krungthai Card (KTC), a non-bank business under Krungthai Bank (KTB), posted net profit growth of 20% in 2022, thanks to Thailand's economic rebound and improving tourism after the country's reopening.

Bangkok Post

Supalai readies 37 residential projects

SET-listed developer Supalai Plc plans to launch 37 new residential projects nationwide worth a combined 41 billion baht, the largest figures for both since its establishment, of which more than half would be in the provinces.

Bangkok Post

Sa Kaeo solar farm launched

SET-listed renewable power generation firm Super Energy Corporation has started operating a hybrid on-ground solar farm in the eastern province of Sa Kaeo, which promises an estimated internal rate of return of 13-15%.

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Bangkok Post

Earnings speculation sets the short-term tone

The market consolidated in the past week after see-sawing in the 1,680 to 1,700 range amid an absence of fresh catalysts since the beginning of this year. Macro indicators released so far have not been significantly off expectations.

Bangkok Post

SCB X keen on novel banking opportunity

SCB X, the holding company of Siam Commercial Bank, is interested in setting up a virtual bank, aiming to explore new business opportunities.

Bangkok Post

Aqua Corp eager to take Thai Parcel public in May

Aqua Corp, the SET-listed media and publishing company, is planning to list its parcel delivery unit on the Stock Exchange of Thailand (SET) in May, aiming to raise funds for future expansion.

Bangkok Post

CPF eyes prospects in the Middle East

Charoen Pokphand Foods (CPF), the SET-listed flagship of food and agribusiness conglomerate CP Group, is keen to invest in the Middle East to tap into the sheer size of the region's population and the people's high purchasing power.

Bangkok Post

Big C lining up banks for B30bn IPO

Big C Supercenter Plc has picked Bank of America and UBS Group to advise on an initial public offering expected to be worth at least 30 billion baht, according to people with knowledge of the matter.

Bangkok Post

Gold price to reach eight-month high

The price of gold is expected to reach an eight-month high of US$1,950 an ounce this week on looming fears of a global recession after the latest US inflation rate fell to 6.5%, said SET-listed Hua Seng Heng Gold Futures.

Bangkok Post

PSH to rejig precast business via transfer

SET-listed developer Pruksa Holding Plc (PSH) will dilute its shares in the precast business through a share swap with General Engineering Plc (GEL) and will co-invest in logistics with Singaporean real estate firm Capitaland and Taiwan developer Ally Logistics Property to boost recurring income.

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