The Latest Breaking News from SET

SET-listed Bangkok Airways (BA) kicked off trading on Wednesday of its real estate investment fund on the Stock Exchange of Thailand, offering a first-year return of up to 8% during a period of low interest rates and high inflation.

Central Pattana (CPN), the SET-listed property and retail developer, opened Centara Korat Hotel on Tuesday, the first mixed-use project in the northeastern region.

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has purchased 49% of Jackson Generation, a gas-fired power plant in Illinois, for US$400 million (15 billion baht) as it embarks on its US expansion.

SET-listed developer SC Asset Corporation is bullish on the non-residential property business, with plans to invest in logistics and launch a new hotel in Bangkok's Ratchawat area in December this year.

Central Department Store Co under Central Retail Corporation (CRC), the SET-listed retail arm of Central Group, looks set to spend 15 billion baht to expand its retail business during 2023-2027.

SET-listed Amata Corporation, an industrial estate developer and operator, has secured a concession from the government of Laos to develop a new "Amata Smart and Eco City" under a plan to expand industrial estates in Laos.

SET-listed Sena Development, a Thai property developer, is planning rapid expansion of its rooftop solar solution business as the company taps into growing interest in the environmental, social and governance (ESG) criteria.

After hitting a six-month high of US$1.6 billion in August, foreign capital is expected to continue to flow into the Thai stock market for the rest of 2022 as an economic recovery takes hold, coupled with high foreign reserves and sparse impact from geopolitical conflicts, according to the Stock Exchange…

SET-listed mobile operator Total Access Communication (DTAC) has joined hands with other parties to capitalise on mobility data in a study aimed at supporting the second-tier provincial tourism drive through three key strategies -- micro-tourism, experience-based overnight tourism, and tourism clusters.

SET-listed Bangkok Aviation Fuel Services (BAFS) expects jet fuel sales to exceed 3 billion litres this year, enabling it to move back into the black thanks to the government's easing of air travel restrictions.

RECAP: Global stock markets lost ground this week as investors assessed the impact of more US interest rate hikes and tensions over Taiwan. External factors remained the key factors affecting market sentiment in Asia including Thailand.