Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>   Companies  >>   Five Thai companies on Forbes list
NEWS UPDATES Asean Affairs           1  September 2011

Five Thai companies on Forbes list

Related Stories

August 5, 2011
Toshiba makes Thailand AEC export center

July 27, 2011
Thai drug companies look at AEC

June 28, 2011
Thai firm scores IKEA contract

May 3, 2011
Thailand’s CP eyes new markets

Five Thai companies, three of them listed on the Stock Exchange of Thailand, are among the 200 Asian businesses on this year's "Best Under a Billion" list of companies compiled by Forbes Asia magazine.The list ranks public companies in the Asia-Pacific region with annual revenue between US$5 million and $1 billion. The companies are chosen based on revenue and profit growth as well as return on equity.

"Essentially these are our picks of the companies that have best managed through the economic volatility that began in 2008," said Tim Ferguson, editor of Forbes Asia.

"Most navigated the global credit crunch with little to no debt on their balance sheets. On average, the companies on the list have a 13% debt-to-equity ratio, and 67 of these companies carry no debt at all."

The five Thai companies are Advanced Information Technology, an IT systems specialist, with sales in the last 12 months estimated at $151 million; Brooker Group, a business, investment and real estate consultancy ($7 million); Bualuang Securities Plc, the brokerage arm of Bangkok Bank ($55 million); Polyplex Plc, a plastic film producer ($370 million); and Robinson Department Store Plc ($491 million).

Chinese and Hong Kong companies dominate the list with 65, followed by India with 35 and Taiwan with 25. Vietnam had 10 companies on the list compared with just one last year, while Japan had only one entry.


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    1  September  2011 Subsribe Now !
• Protest at road project Subcribe: Asean Affairs Global Magazine
• Indonesia looks at economic scenarios Asean Affairs Premium
• New demand pushes rice price
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Philippines central bank calls for more spending
• Philippine farm damage rises
• Male bosses dominate Singapore
• Thai government considers sovereign fund
• Five Thai companies on Forbes list pp

Asean Analysis     September  2011

Advertise Your Brand
• China and Vietnam call for binding sea agreement Sponsor Our Events

Asean Stock Watch   September  2011

• Asean Stock Watch-September 1 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand