Showing 1 - 10 of 479
Vorapak unfazed by loan scandal barbs
News, Aekarach Sattaburuth, Published on 01/10/2025
» A Pheu Thai MP has questioned the government's decision to appoint Vorapak Tanyawong as deputy finance minister, citing corruption charges filed against him by the National Anti-Corruption Commission (NACC) in relation to the Energy Earth loan scandal.
Crowdfunding industry sees steep contraction in first half
Business, Nuntawun Polkuamdee, Published on 19/08/2025
» Thailand's crowdfunding industry faced a steep contraction in the first half of 2025, with fundraising volumes plunging 60% year-on-year to 733 million baht, amid tightening liquidity and rising non-performing loans (NPLs), according to crowdfunding provider Investree.
Bangkok residential market slumps to a 20-year nadir
Kanana Katharangsiporn, Published on 29/07/2025
» Competition for land purchases in Greater Bangkok has slowed as housing inventory rises, sales decline, and developers pivot to clearing unsold stock to generate cash amid the worst market conditions in two decades.
XPCL Green Debentures Oversubscribed Amid Strong Investor Confidence
Published on 25/07/2025
» Xayaburi Power Company Limited (XPCL), an associate company of CK Power Public Company Limited (SET: CKP), has announced the successful closure of its Thai baht-denominated green debenture offering, which was oversubscribed by institutional and high-net-worth investors. The success underscores strong investor confidence in XPCL’s business resilience and commitment to strengthening Thailand’s renewable energy stability.
WEH Targets 2,000 MW Capacity, Eyes B20bn from Current over B10bn
Published on 05/06/2025
» Bangkok, June 4, 2025 – Wind Energy Holding Public Company Limited (WEH), Thailand’s leading wind power producer, has announced its 2025 business direction, focusing on the development of new renewable power plants and expansion of its electricity business portfolio. The company is preparing over 2,000 megawatts of projects for upcoming clean energy auctions and expects to maintain annual revenue above 10 billion baht for a sixth consecutive year.
Gulf ramps up debt with B300bn fundraising plan
Yuthana Praiwan, Published on 02/06/2025
» SET-listed Gulf Development, Thailand’s largest power company by market value and a telecom operator, is to raise 300 billion baht to refinance and boost future investment after merging with Intouch Holding Plc, the parent firm of Advanced Info Service (AIS).
SAAM prepares $10m in convertible bonds
Business, Nuntawun Polkuamdee, Published on 07/04/2025
» SET-listed renewable energy developer SAAM Development is preparing to issue convertible bonds worth US$10 million (360 million baht) to support its new digital asset business, which is expected to generate 300 million baht in revenue this year.
Rating uplift boosts Gulf's confidence
Business, Published on 04/04/2025
» Gulf Development Plc (Gulf), recently established through the merger of Gulf Energy Development Plc and Intouch Holdings Plc, expects bright business prospects, thanks to a better credit rating and continual financial support over the next five years.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
N.C. Housing Plc unveils five projects worth B3bn
Business, Kanana Katharangsiporn, Published on 12/02/2025
» Mid-sized developer N.C. Housing Plc (NCH) plans to launch five new projects worth a combined 3 billion baht to replace sold-out projects, with a target of 4 billion baht in presales and 2 billion baht in revenue.