36.6 C
Bangkok
Friday, May 10, 2024

The Stock Exchange of Thailand: An Eye-Watering Surge

Photo courtesy of Bangkok Post

Thai listed companies have orchestrated a financial coup, raking in an astronomical 6.21 trillion baht from their overseas ventures last year, smashing records and defying global economic odds.

The Stock Exchange of Thailand (SET) reports an eye-watering surge of 1.83 trillion baht from the previous year, making it a staggering 17-year high.

Amidst the chaos of the Russia-Ukraine war and the lingering pandemic aftershocks, these Thai corporate giants not only weathered the storm but emerged victorious, setting an unprecedented benchmark for overseas investments.

“Last year, the global economy danced on a tightrope, but Thai companies confidently shattered records, bagging an incredible 34% of their total revenue from foreign investments.”

In this financial saga, Vietnam emerges as the golden goose, pulling in the highest revenue among Southeast…

Read more…

Latest Articles