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BUSINESS

Ratch allots B15bn for capacity

Business, Yuthana Praiwan, Published on 15/03/2025

» SET-listed Ratch Group, the power generation arm of Electricity Generating Authority of Thailand, is funnelling 15 billion baht into power generation capacity expansion this year, steering away from new investment in non-power businesses.

BUSINESS

SET plunges back to pandemic-era levels

Business, Tisco Securities, Published on 15/03/2025

» After dropping 4.8% in January, the Stock Exchange of Thailand (SET) index continued its decline in February, shedding another 8.4%. The trend remained this month, with the market now around 1,170 points, not far above its low for the year.

BUSINESS

Stocks stage relief rally but trade tensions persist

Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 15/03/2025

» RECAP: Asian equities rose yesterday and global markets attempted a rebound after a brutal selloff, while gold reached a record as rising trade tensions left investors nervous and sparked a flight to safe-haven assets.

BUSINESS

Thai ESGX reaction mixed

Business, Nareerat Wiriyapong, Published on 15/03/2025

» Analysts offered a measured response to the planned Thai ESG Extra (ESGX) fund, with some saying the Finance Ministry is too optimistic about long-term equity fund (LTF) transfers to the new category as well as new money being ploughed into the tax-deductible fund.

BUSINESS

McDonald's to open 20 outlets in 2025

Business, Kuakul Mornkum, Published on 14/03/2025

» McDonald's plans to spend 700 million baht this year on adding new stores and renovating existing ones.

BUSINESS

WHA Utilities and Power to sink B29bn into development of renewables

Business, Yuthana Praiwan, Published on 14/03/2025

» SET-listed WHA Utilities and Power (WHAUP), an arm of WHA Corp, Thailand's biggest industrial land developer and operator, is allocating a large portion of its budget to develop its renewable energy business, hoping to earn long-term revenue by serving companies in the digital technology sector.

BUSINESS

Investor confidence in bearish zone on external factors

Business, Published on 14/03/2025

» The investor confidence index (ICI) measured by the Federation of Thai Capital Market Organizations (Fetco) retreated to the bearish zone in February from neutral a month earlier as international conflicts, inflation and the local economic slowdown weigh on sentiment.

BUSINESS

ESG funds tally to exceed B100bn in H2

Business, Nuntawun Polkuamdee, Published on 14/03/2025

» Total investment in environmental, social and governance (ESG) funds is projected to exceed 100 billion baht in the second half of this year, including transfers from maturing long-term equity funds (LTFs), says the Association of Investment Management Companies (AIMC).

BUSINESS

Consumer confidence eases

Business, Phusadee Arunmas, Published on 14/03/2025

» The consumer confidence index (CCI) dropped for the first time in five months last month amid worries about a slow economic recovery and the trade war, according to a survey conducted by the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Thai travel agents lament lost opportunities

Business, Molpasorn Shoowong, Published on 14/03/2025

» The era of more than 10 million Chinese visitors a year to Thailand has passed, given safety concerns in the segment and ineffective law enforcement, according to the Association of Thai Travel Agents (Atta).