The Latest Breaking News from SET

SET-listed S Hotels & Resorts (SHR) will invest 7.3 billion baht to triple its revenue by 2024, starting with a target of 8.5 billion baht this year, driven by hotel operations in the UK and the Maldives.

The West African country’s government has a long history of disputes with the teachers union.

State-run Electricity Generating Authority of Thailand (Egat) will inject 11.25 billion baht into its subsidiary SET-listed Ratch Group Plc, Thailand's largest private power generation firm by capacity, to increase registered capital and expand investment in Indonesia, a populous country with high energy demand.

First-quarter net profits of SET-listed companies will likely reach an all-time high of 300 billion baht with an analyst suggesting better-than-expected quarterly earnings reports will help attract investment and sustain foreign inflows to the Thai bourse in the second half.

Despite staunch opposition from some consumer advocates and academics, the planned merger of True Corporation and Total Access Communications (DTAC) is expected to pass through legal and administrative checks as the regulator indicates it has no power to block the deal, only to iron out measures to govern it.

SET-listed retail and property developer Central Pattana Plc (CPN) plans to spend 20.7 billion baht to expand its business this year.

SET-listed contractor Nawarat Patanakarn plans to launch two new residential projects worth a combined 1.86 billion baht this year after freezing new launches since 2020.

SET-listed Berli Jucker Plc will spend 60-70 billion baht under a five-year business plan, running from 2022-26, to double the size of its modern retail business across Southeast Asia with an increase of sales by two times to 270 billion baht.

The Stock Exchange of Thailand (SET) has tightened market surveillance measures, introducing a one-day trading suspension at the maximum level to enhance supervisory efficiency and mitigate investor risks.

SET-listed Thai Union Group, a global seafood company, wants to grow its revenues by at least 5% this year while maintaining an average gross margin of 20% through 2025.

The Securities and Exchange Commission (SEC) is imposing a ban on the use of digital assets for goods and services, effective from April 1, citing concerns over the country's financial stability, risks of cybertheft and losses from currency volatility.