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HISTORICAL FACTS: 9 | History Defined

Thaicom, NT win satellite slot bids as auction raises B806m

A total of 806.5 million baht was raised from the country's first auction of satellite orbital slot packages on Sunday, which saw SET-listed satellite service operator Thaicom secure two out of five packages and state enterprise National Telecom (NT) obtain one.

Bangkok Post

Land & Houses to invest B9bn in 2023

SET-listed developer Land & Houses plans to spend 9 billion baht on the property business this year, with one-third going to three hotels as the economy and tourism sector are recovering.

Bangkok Post

Bangchak acquires most of Esso Thailand

SET-listed Bangchak Corporation Plc (BCP) has acquired a 65.99% stake worth 55 billion baht in Esso Thailand mainly from ExxonMobil Asia Holdings Pte.

Bangkok Post

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SET launches overhaul of systems as trades increase

The Stock Exchange of Thailand (SET) has unveiled a three-year strategic plan focused on improving its trade monitoring system and enhancing the competitiveness of the Thai capital market as it seeks to handle an expected increase in stock trading this year.

Bangkok Post

SEC probes embattled crypto exchange Zipmex

The Securities and Exchange Commission is investigating whether the embattled crypto exchange Zipmex, which is in the midst of being taken over by a Thailand-linked venture capital fund, breached local rules in its offer of certain digital-asset products.

Bangkok Post

Satellite auction set to raise B700m for NBTC

Winning bids of at least 700 million baht are expected from the auction of satellite orbital slots this Sunday, says the National Broadcasting and Telecommunications Commission (NBTC).

Bangkok Post

Trio passes satellite orbital slot bid checks

The three companies that submitted envelopes to join the satellite orbital slot auction slated for Jan 15 have preliminarily passed qualification checks by the National Broadcasting and Telecommunications Commission (NBTC) with their names set to be officially approved by the telecom regulator on Tuesday, according to a source at the…

Bangkok Post

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SET announces adjustments to securities trading rules

The Stock Exchange of Thailand (SET) has revamped its securities trading rules to suit current business conditions and support new trading systems that will be launched in the first quarter of this year.

Bangkok Post

Clover anticipates 50% revenue hike

SET-listed Clover Power Plc, a renewable power plant operator and constructor, expects to see revenue soar by 50% this year after it diversified into supplying renewable fuels, especially wood pellets which are in high demand in Japan.

Bangkok Post

China optimism lifts Asian equities

RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland.

Bangkok Post

Index Living plans expansion

SET-listed furniture and home furnishing chain Index Living Mall (ILM) looks set to resume its investments this year, having frozen them during the pandemic.

Bangkok Post

ASAP preps B2bn for tourism rebound

Synergetic Auto Performance (ASAP), a SET-listed car rental service operator, is planning to invest up to 2 billion baht to expand its business, saying China's reopening would provide a boost to the short-term rental car business.

Bangkok Post

Fixing the loopholes

Among the cases that have shaken public confidence in investments in the Stock Exchange of Thailand (SET) in recent years, More Return Plc (MORE)'s suspicious share trading would certainly top the list.

Bangkok Post

Egco sells stake in three Indonesian power plants

SET-listed Electricity Generating (Egco), a power generation arm of state-run Electricity Generating Authority of Thailand, has divested its entire stake worth US$485 million in three geothermal power plants in Indonesia in order to make new investments, especially in renewable energy.

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Workpoint TV channel hacked, renamed Tesla

The Workpoint Official channel on YouTube run by SET-listed Workpoint Entertainment was hacked and renamed Tesla, with video of Tesla CEO Elon Musk, on Monday morning.

Bangkok Post

Asian shares follow Wall Street downward

RECAP: Asian stocks resumed their declines yesterday after a slump in US tech stocks and more economic data supporting the case for the Federal Reserve to keep raising interest rates set a downbeat tone.

Bangkok Post

A passion for luxury

Suriyon Poolvoralaks, a founder and former major shareholder of SET-listed developer Major Development (MJD), has started a new property company, SPJ Land Co, to focus solely on luxury residential development.

Bangkok Post

Ratch Group completes $605m Nexif acquisition

SET-listed Ratch Group, Thailand's largest private power producer by capacity, has completed a US$605 million deal to acquire Singapore-based Nexif Energy Joint Venture, part of a move to grow its energy and battery businesses.

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Bangkok Post

XD issues bullish projection for tokens

Investment tokens are expected to gain widespread popularity in Thailand next year as digital assets become a mainstream funding option for investors, says digital asset platform operator XSpring Digital (XD).

Bangkok Post

CPN allots B500m for countdown

SET-listed retail and property developer Central Pattana (CPN) has teamed up with the government and the Ratchaprasong Square Trade Association (RSTA) to launch New Year's countdown events to spur revenue.

Bangkok Post

The shadow of Tuhao

Right on cue, activist Srisuwan Janya, secretary-general of the Association for the Protection of the Constitution, went to the Election Commission on Dec 6 to file a petition calling on the poll regulator to seek the dissolution of two major parties in connection with the high-profile Chinese criminal syndicate allegedly…

Bangkok Post

BJC targets 30,000 stores for Donjai

Berli Jucker, the SET-listed consumer goods maker and owner of Big C Supercenter, looks set to convert 30,000 mom-and-pop shops across the country to the Donjai model over five years as part of BJC's new retail partnership scheme.

Bangkok Post

THG chief case referred to Amlo

The Securities and Exchange Commission (SEC) has referred the case of Dr Boon Vanasin, former chairman of SET-listed Thonburi Healthcare Group (THG), to the Anti-Money Laundering Office for further investigation.

Bangkok Post

Asia tracks Wall Street decline

The Stock Exchange of Thailand (SET) and most Asian bourses sagged yesterday, tracking overnight declines on Wall Street, as the Federal Reserve reiterated that US interest rates next year will be higher than previous market estimates, raising fears of a recession.

Bangkok Post

Prima to expand fleet of vessels

SET-listed Prima Marine, a provider of marine transport and crude oil and petroleum product storage, is expanding its fleet of vessels to serve growing demand for transport services in Southeast Asia.

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