(Photo: Nutthawat Wichieanbut)Analysts were lukewarm on the Stock Exchange of Thailand's (SET) plan to open the door to alcoholic beverage listings, arguing the Thai market has limited growth to attract large-scale brewers. Thailand is home to some major brewers but still has no listed alcoholic beverage producers after Thai Beverage aborted its domestic initial public offering (IPO) in 2005. The alcoholic beverage market seems to have a limited growth outlook to attract such new listings,” he told the Bangkok Post. While Mr Kitipong declined to comment on the risk of renewed protests against alcoholic beverage listings, he noted that the social environment has probably changed. The broader 2025 context revealed that Thailand's policy rate remained relatively low compared to regional peers, suggesting limited policy space.

Source: Bangkok Post January 08, 2026 22:31 UTC