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The Latest Breaking News from SET

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

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

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

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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

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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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

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.

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

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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.

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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.

Bangkok Post

Police probe schools linked to Tuhao

Police will investigate language schools and immigration officers as they expand their probe into a Chinese criminal syndicate allegedly tied to businessman Chaiyanat "Tuhao" Kornchayanant.

Bangkok Post

Govt defends ending SET shares tax waiver

The government has defended its decision to impose taxes on the Stock Exchange of Thailand's (SET) share sales, insisting it was a well-thought-out plan, while denying it is making an exception for big traders.

Bangkok Post

Arkhom defends imposition of tax on SET share sales

The end of the waiver of the financial transaction tax will not affect stock trading, but should ensure fairness in the tax system, according to Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Crypto exchange Zipmex set for $100m buyout

The embattled cryptocurrency exchange Zipmex Asia is poised to be acquired by a venture capital fund for about US$100 million in digital coins and cash, one of the first rescues in Asia since a wave of defaults ripped through the sector.

Bangkok Post

SCG unveils new green tech

SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, continues to position itself as focused on the environment and health by developing two new technologies that can reduce carbon dioxide and help clean the air.

Bangkok Post

TRT predicts revenue rising as recovery gathers pace

SET-listed Tirathai (TRT), a local transformer maker and service provider, expects to rack up more revenue this year after transmission development projects across Asia, which were delayed the last two years, resume in the fourth quarter.

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People

Paetongtarn Shinawatra

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Chaiyanat Tuhao Kornchayanant

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