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REVEALED: 9 | Vintage Vibes

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

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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.

Bangkok Post

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

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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.

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

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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

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

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.

Bangkok Post

Standard forecasts continuing tourism growth

Standard International, a hospitality subsidiary of SET-listed developer Sansiri, is expecting this year's strong tourism recovery to continue into 2023, with the resumption of the Chinese market a key driver.

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Bangkok Post

Pet food maker I-Tail dips on SET debut

Shares of I-Tail Corp Plc, the country’s biggest pet food maker, closed below their initial public offering (IPO) price on their first trading day on the Stock Exchange of Thailand after the second-biggest IPO of the year.

Bangkok Post

SEC urged to rejig rules after MORE scandal

The Association of Securities Companies (Asco) and its members have proposed the Securities and Exchange Commission (SEC) adjust the regulations regarding stock manipulation in the aftermath of the More Return Plc (MORE) scandal.

Bangkok Post

Bangchak to make jet fuel from used cooking oil

The SET-listed energy conglomerate Bangchak Corporation plans to make biofuel for aircraft, also known as sustainable aviation fuel (SAF), from used cooking oil through a joint venture with a 200-million-baht budget, in a move to cut carbon dioxide emissions.

Bangkok Post

PSTC eyes higher gas sales

SET-listed Power Solution Technologies (PSTC), a provider of clean energy solutions and construction services, is expecting higher sales of compressed natural gas next year because of environmental concerns and factory operators' desire to cut costs.

Bangkok Post

Sansiri anticipates record net profit

SET-listed developer Sansiri is expecting to secure a record-high net profit in 2022, besting the 3.5 billion baht posted in 2015, resulting from its strategy to maximise cash flow during the pandemic.

Bangkok Post

SPCG projected to miss revenue target

SET-listed SPCG, a pioneer in solar farm development in Thailand, expects to miss its revenue target of 4.7 billion baht this year because of heavy rain and the expiration of the adder tariff granted to its solar farms.

Bangkok Post

Party denies 'Tuhao' ties

The Pheu Thai Party and SC Asset Corporation have denied having any links to a Chinese criminal syndicate run by businessman and suspected crime boss Chaiyanat "Tuhao" Kornchayanant, saying foes are trying to ruin the reputation of the party and the company.

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