Listed below are the leading companies in Thailand by revenue as of July 2023. TPI Polene is acement manufacturerthat is also involved in themanufacturing of certain petrochemical products. Nepal's GVC Central Pattana is the largest retail developer of Thailand, currently managing 26 shopping centers, 7 office buildings, 2 hotels, and 2 residential projects. facts. In 2020, the total number of listed domestic companies in Thailand increased by 18 companies (+2.48 percent) since 2019. Retrieved from Department of Business Development website: https://www.dbd.go.th/more_news.php?cid=1033&filename=law_secutran, Office of the Council of State. Kasikornbank is a leading banking group in Thailand,previously known as the Thai Farmers Bank. The Office of SMEs Promotion (OSMEP) Website: homepro.co.th Stock symbol: HMPRO. Get quick analyses with our professional research service. In addition, to boost SMEs financial access in a sustainable manner, the government has also launched capacity-building programmes to enhance SMEs competitiveness. Thailand is a country at the centre of the Indochinese peninsula in Southeast Asia. The Office of Small and Medium Enterprises Promotion. 2 S&P Capital IQ, June 2022; Stock Exchange of Thailand, June 2022. "Number of micro, small, and medium enterprises in Thailand from 2019 to 2021 (in millions)." These measures include loan payment holiday for all SMEs to reduce financial burden and soft loan facility to provide liquidity to the SMEs severely affected. Did you know them all? Furthermore, the loan facility is also supported by a credit guarantee scheme through the TCG with additional exemptions or reductions on relevant taxes and fees. On the loan quality front, debtors affected by COVID-19 continued to receive credit assistance from banks. For more information on the SET50index and the up-to-date weights of each stock, check the information from the SET website. For the second semester of 2017, the full detailed list of the constituents of the SET50 is as follows. Including an HR subject matter expert (SME) on a company's board ensures that people, a company's most valuable and expensive resource, are considered as . It operates 1,500 restaurants and 100 hotelsthroughout the world. 1. Note: 2007 and 2008 data for SME non-performing loans not available. Suit No. The criteria for SMEs are updated in some countries from time to time. Since then, there have been five Portfolio Guarantee Schemes include schemes for general SMEs, micro SMEs as well as SMEs affected by the COVID-19 . PTT Global Chemical PTTGC is the leading integrated petrochemical and refining company inThailandand one of thelargest inAsia. Delta Electronics (Thailand) is a world-leading producer of power supplies and electronic components notably used for automotive, medical, telecommunications, IT and automation. The registration process includes obtaining a business name, obtaining a taxpayer identification number (TIN), and obtaining a value-added tax (VAT) registration number if applicable. Some SMEs still face problems including collateral constraints and a lack of credit history, which limit their access to bank loans. Some of these companies . Use Ask Statista Research Service, Share of MSME output to GDP Thailand 2018-2021, SME loan growth rate Thailand Q1 2021-Q3 2022, Number of MSME employees Thailand Q2 2022, by business size, Number of MSME employees Thailand Q2 2022, by sector, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. SME loans that are 90 days past due date. such as Thailand (42.7%), Malaysia (57.3%), and Viet Nam (49.4%). Learn how your comment data is processed. This list of companies and startups in Thailand in the manufacturing space provides data on their funding history, investment activities, and acquisition trends. Fulfilling The Company's Mission. activity and employment worldwide and Thailand is no exception. Thailand: number of MSMEs 2021 | Statista Market Statistics. For example, the Thai Credit Guarantee Corporation (TCG) provides credit guarantees for viable SMEs to ensure that SMEs with insufficient collateral have access to bank loans. During COVID-19, the BOT collaborated with the government in introducing financial and loan measures to support the Thai people and businesses particularly SMEs affected by the COVID-19. Retrieved from Thai Office of Small and Medium Enterprises Office Promotion website: http://www.sme.go.th/upload/mod_download/%20.%202559_OSMEP%20Annual%20Report%202016-20171102231101.pdf, Thai Office of Small and Medium Enterprises Office Promotion. (2016). Bangkok Bank is also one of the largest regional banks in Southeast Asia. Pandemic driving digital transformation of Thai SMEs To tackle these limitations, the government has introduced various measures to ease SME access to funding. Category Africa Business Directory Currently, you are using a shared account. Top 100 Companies: Thailand Statista Toplist Thailand is a constitutional monarchy and, unlike its neighboring countries, has never been colonized. What is the minimum year of requirement for keeping VAT documents? The outstanding guarantee amount has increased over the years and totalled THB 451 billion at the end of 2020, covering 166419 SMEs in TCGs portfolio. The Market for Alternative Investments (MAI) is a stock exchange for smaller firms. In 2016, the Office of SME Promotion undertook 37 projects worth over THB 5 billion for promoting and supporting SMEs. Thailand: impact of COVID-19 on SMEs 2021 | Statista A survey on small and medium enterprises (SMEs) in Thailand in 2021 found that around 61.6 percent of SMEs experienced less income from the COVID-19 . Small and Medium-sized Enterprises (SMEs) in Thailand | company ASEAN Exchanges: live ASEAN stocks monitoring, Top 30 companies from the Philippines' PSEi. *Data in this field is no longer provided due to a change in data collection methodology. Another measure that has promoted SME access to finance is the Business Collateral Act B.E. Coconuts Business Services Advertising Consulting Computer & Information. Through the MAI exchange, SMEs can raise capital if they have over THB 50 million in paid-up capital following an IPO. The 6 provinces of the Eastern region had 129,210 SMEs, of which 88,562 SMEs or 68.5 percent were located in the three provinces of Chanthaburi, Chachoengsao and Chonburi. For example, the Thai Credit Guarantee Corporation (TCG) was established to ease SMEs financial constraints by providing credit guarantees for viable small enterprises with inadequate collateral. Then you can access your favorite statistics via the star in the header. Subsidiaries include, Energy, Cooling, Healthcare, Real Estate, Internet, Media, telecommunications, aviation, advertising, finance, Shopping centers, hotels, department stores, This page was last edited on 19 March 2023, at 21:20. In 2016, 150 companies were listed on MAI for a total market capitalisation of THB 339 billion. Are we able to not to continue the virtual office address for dormant company? Siam Global House is a retail chain specialized in construction material, home decoration products, construction tools and equipment, home improvement, and household and gardening decoration. PDF Asian Development Bank Institute Website: airportthai.co.th Stock symbol: AOT. A medium enterprise is defined as an enterprise with fixed capital of between THB 51 million to THB 200 million in production and service sectors, while THB 26 million to THB 50 million in . is the online library of the Organisation for Economic Cooperation and Development (OECD) featuring its books, papers, podcasts and statistics and is the knowledge base of OECD's analysis and data. The objectives of the revision were to increase unlisted companies access to alternative funding, especially for SMEs and FinTech firms, and to enhance effective development of financial services provided by financial institutions and conglomerates. (2017). This document, as well as any data and map included herein, are without prejudice tothe status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. Retrieved from Thai Office of Small and Medium Enterprises Office Promotion website: http://www.sme.go.th/en/download.php?modulekey=94. In 2016, there were approximately 3.01 million SMEs in Thailand, which constituted 99.7% of all enterprises. Wholesale SMEs are enterprises with value of fixed asset less than THB 100 million or number of employees less than 50 persons. and do I need to go to Thailand for signing the application forms? The MahaNakhon tower in the Bang Rak District. to reassess the MNE-SME linkage and their impact on SME development. Access to this content in this format requires a current subscription or a prior purchase. According to the criteria defined by the Ministry of Industry, SMEs are categorized by the number of employees and income. Which companies in this hub have the most subsidiaries? Source: Bank of Thailand and Thai Credit Guarantee Corporation (Outstanding loans and non-performing loans include only Thai commercial banks, excluding specialized financial institutions). Similarly, SMEs in Nepal also suffer from poor access to finance brought . The Bank of Thailand revised its Regulations on Venture Capital and FinTech Businesses of Financially Consolidated Groups. Home Product Center is a retailing andservices company forhome and building construction, expansion, renovation, and repair that operates the brandHomePro. Advanced Info Service AIS is a leading provider of mobile phone networks in Thailand, also involved in fixed broadband, digital services, and quality and lifestyle services. This South Asian nation had 69.95 million. However, borrowers had to physically deliver their pledged movable assets to the lender, which was operationally impractical for a number of reasons. WhatsApp acquired by Facebook), Total number of people associated with this hub, Full Name: First and last name of a Person, Primary Organization: The organization associated to the person's primary job, Primary Job Title: The person's primary job title, CB Rank (Person): Algorithmic rank assigned to the top 100,000 most active People, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Total valuation at IPO of all the organizations associated with this hub, Median valuation at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public. Regionally, Thailand's share of total ASEAN banking market capitalization has declined from 16 percent in 2009 to 9 percent in 2021. Commercial bank lending is the largest source of external financing to SMEs. Initiatives have ranged from coaching programmes which enable knowledge transfers from capable enterprises and SMEs to local SMEs and international counterparts. There were approximately 3.13 million SMEs in Thailand in 2020, which altogether constituted 99.6% of all enterprises which composed of 2,673,922 micro enterprises (85.3%), 415,673 small enterprises (13.3%), and 44,847 medium enterprises (1.4%) (see Table 44.2). As a Premium user you get access to background information and details about the release of this statistic. Average Rank 978,447.68 Popular startups, companies & organizations by highest 30-day trend score: Recent Activities Funding Rounds Investments Acquisitions Acquired Companies Number of Funding Rounds 11 Total Funding Amount $32.2M Funding Cumulative Trend Funding Types Industries Southeast Asia digital, social and mobile 2019, Top 10 e-commerce sites in Indonesia 2019, Top 10 e-commerce sites in the Philippines 2019, Overview of the Vietnamese coffee industry. We use cookies to ensure that we give you the best experience on our website. Website: btsgroup.co.th Stock symbol: BTS. Figures cover all SMEs in the Thai banking system. Organizations in this hub have their headquarters located in Thailand, Asia; notable events and people located in Thailand are also included. Senanu Tord. The selective option of company stamp. Prior to the Act, lenders could create security interests over their borrowers property and movable assets to secure loans. Glow Group is a group of energy companies generating and supplying electricity, steam, clarified, demineralized and chilled water. Collaterals eligible to be registered as securities include receivables, inventory, and intellectual property. As a result, the viability of each individual SME is determined by their own assessment and criteria. Top 100 Companies: Thailand | Statista SME access to commercial bank loans is constrained due to their general lack of credit history, collateral, and reliable financial statements. Despite the effects of the. Electricity Generating Authority of Thailand, International Engineering Public Company Limited, "Thailand poised to Surpass Car Production target", 3K Products Co. Ltd.: Private Company Information - Bloomberg, Christiani & Nielsen (Thai) Public Company Limited: Private Company Information - Bloomberg, https://en.wikipedia.org/w/index.php?title=List_of_companies_of_Thailand&oldid=1145570756, State-owned oil and gas conglomerate providing exploration, refining, power generation and gasoline retailing. Website: indoramaventures.com Stock symbol: IVL. 2558 (2015) simplified the process of security interest creation and expanded the types of collateral which SMEs can register and use to secure loans. They altogether contributed to 42.2% of the country's GDP and accounted for 78.5% of total private sector employment. It expanded to the production ofpetrochemical productsand developed itsplant and infrastructures to afully integrated petrochemical complex. Extracts from publications may be subject to additional disclaimers, which are set out in the complete version of the publication, available at the link provided. According to a Ministerial regulation issued by the Ministry of Industry in 2020, the recent definition and classification of SMEs is based on number of employees and income (See Table 44.4). White Paper on Small and Medium Enterprises of Thailand 2015. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Status and impact of coronavirus (COVID-19) in Thailand, South Korean oil refiner GS Caltex Corporation, South Korean entertainment company HYBE Corporation, Retail store closures in the United States, China Communications Construction Company CCCC key figures 2018, The African Tech Startups Funding Report 2021, Gross domestic product (GDP) growth rate in Thailand 2028, Most important import partners of Thailand 2019, Number of company insolvencies in England and Wales 2019-2023, by type, An unlimited number of reports is included in our, Find your information in our database containing over 20,000 reports. (2015). Website:energyabsolute.co.th Stock symbol: EA. Dbd : Retrieved from Office of the Council of State website: http://www.ratchakitcha.soc.go.th/DATA/PDF/00102303.PDF, Stock Exchange of Thailand. HLB Thailand Previously known as BDO Thailand, HLB Thailand is one of the most reputable accounting firms in Thailand. Retrieved from Thai Credit Guarantee Corporation website: http://www.tcg.or.th/aboutus_operating_performance.php, Thai Office of SMEs Promotion. Retrieved from Thai Office of Small and Medium Enterprises Office Promotion website: http://www.sme.go.th/en/download.php?modulekey=94. For the latest rankings, check the top companies of Thailand and many more, including US companies, UK companies, Canadian companies, and Australian companies on the Disfold data platform. Moreover, the Business Collateral Act B.E. At least one director. Venture capital funds in Thailand benefit from certain tax privileges such as exemption from income tax. Before we are closing down the company, Id like to know how much it is you charge to close a dormant Ltd company? and over 1Mio. Market Statistics. 431 Soi Pradu 1 Charoenkrung Rd. *Data in this field is no longer provided due to a change in data collection methodology. Operating Performance. Save my name, email, and website in this browser for the next time I comment. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Thailand". BANPU operatescoal mining operations in Thailand, Indonesia and China, and coal-fired power generation in Thailand and China. Thailand's recovery from the 19971998 Asian financial crisis depended mainly on exports, among various other factors. This creates 9.7 million jobs and 3.4 trillion baht of added revenue. 0:00 3:15. Website:gpscgroup.com Stock symbol: GPSC. During the coronavirus pandemic, Thailand's small and medium size businesses (SMEs) has been driven to embrace digital transformation, which is critical for rebuilding a better economy and society, according to a report by United Overseas Bank Limited (UOB). (2017). startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. we have more than 30 companies for sale without liabilities and all companies were hold by us more than 2 years. Under the supervision of the Securities and Exchange Commission, companies may raise funds from a pool of investors through equity-based crowdfunding. As of March 2017, 23 projects had been completed, while 14 others were still ongoing. 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Small and Medium-sized Enterprises (SMEs) are an important part of the economy in Thailand, contributing significantly to employment and economic growth. For instance Peer-to-Peer lending platforms providing online services to match borrowers who are individuals including business owners with lenders, and digital personal lenders providing loans by adopting digital technology for all lending processes and incorporating alternative data for loan analysis instead of traditional financial documents. Please let us know if you could provide us the address for telephone land line?