Top Corporate Finance Companies in Thailand

The Corporate Finance Industry in Thailand has experienced remarkable growth in recent years, driven by the nation's expanding economy, increasing demand for financial services, and the need for businesses to adapt to a rapidly changing financial landscape. This article provides a comprehensive analysis of the industry, discussing key statistics from 2022, factors contributing to its growth and success, government initiatives, comparisons to previous years, technological disruptions, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
TRACTUS93 +66 2 260 8200
info@tractus-asia.com

Tractus is Latin for progress. As a strategy and operations management consulting firm, we help provide our clients with the means to achieve their business goals around the globe. Tractus delivers value and unique solutions to clients. We continually build our knowledge and expertise through direct experience. We work to develop the most cost-effective strategies for our clients to establish operations, to make acquisitions, to expand, or to diversify their manufacturing and service industry investments throughout Asia. For the last 25 years, Tractus has advised and assisted multinational companies make intelligent decisions about where to locate and how to structure their direct investments in Asia. We have a team of 60+ professionals in offices in Myanmar, Thailand, Indonesia, Vietnam, Singapore, China, India, and the U.S. Tractus’ full service market-entry and expansion practice areas include initial market research and corporate strategy implementation; distributor and partner s…

PKF THAILAND66 +66 2 108 1599

PKF Thailand is a professional services firm headquartered in the heart of the financial district of Bangkok and is a member of PKF International’s global family of legally independent firms. PKF is also the only global accounting firm with an active branch in the Eastern Seaboard – heart of the government’s Eastern Economic Corridor initiative. With highly skilled and experienced management and staff, PKF Thailand has worked relentlessly to establish itself as the firm of choice for both international and local clients alike. PKF has exceptionally high governance standards and controls and is licensed by Thailand’s SEC to carry out audits on public listed companies. The PKF International network consists of over 400 offices, operating in 150 countries across five regions. We specialise in providing high quality audit, accounting, tax, and business advisory solutions to international and domestic organisations in all our markets.

GRANT THORNTON THAILAND142 +66 2 205 8222

We are a global network of 68,000 people in member firms in 147 markets with a common goal — to help you realise your ambitions. Which is why our network combines global scale and capability with local insights and understanding. So, whether you’re growing in one market or many, looking to operate more effectively, managing risk and regulation, or realising stakeholder value, our member firms have the assurance, tax and advisory capabilities you need with the quality you expect.

GNOSIS COMPANY LIMITED2 +66 96 979 6451
contact@gnosisadvisory.com

Based in Bangkok Thailand, Gnosis Company Limited was formed in 2004 by the partners who have strong experiences in the banking and finance industry and international advisory firms. Gnosis is where you could find your corporate solutions with solid experienced advisory team who are ready to advise and walk along with you to make your business sustainable wealth and reach your vision. We also provide the proven training programs to transform you and your company to the next level of success. Our Vision To become the best professional firm in Asia with the highest standards of integrity and expertise. Our Mission To provide client defined, quality services on a global basis through trained, motivated and highly competent personnel.

ALTUS TRANSACTIONAL SERVICES, A PRIVATE EQUITY CONSULTANCY FIRM2
paul@altustrans.com

Altus is a Management Consulting Firm located in Bangkok, Thailand. Celebrating over 20 years of Management Excellence. Altus was established in 2003 to provide consulting in the areas of Operations, Financial and Strategic Business Development. Specific services include management consulting, corporate finance and company operations. Providing the following services: Management Consulting Strategic Business Development Operations & Change Management Development & Implementation of Business Plans Financial Forecasts & Budgets Feasibility Studies Identification of Strategic Partnerships and Investors Turn-key Solutions including: (Hiring Key Personnel, Oversee Operations, Marketing & Sales, Financial Monitoring, Warehousing & Logistics and Product Procurement) Select clients include: Bangkok Airways, Rocket Internet, Steel Asia Manufacturing Group, Deutsche Investitions und Entwicklungsgesellschaft mbH (DEG), Bank of America, GE Capital, AIG Global Investment Group, The Rohatyn Grou…

TAYLOR H&S0 +66 64 936 9840
info@taylorhsl.com

Taylor H&S provides a unique range of professional services focused on finance management, strategy, corporate finance and business recovery. We support a wide range of organizations in building, realizing, and protecting the value of their businesses.

NUOBELLO3 +66 81 894 1762
michaela@nuobello.com

NuoBello has experience and expertise in every aspect of the hospitality industry, specialising in Thailand. The Principals are an experienced team of hospitality professionals with over 50 years of experience in development, management, operations, sales and marketing, finance and HR. Our Services- 1 ) Development Services- We develop hospitality assets from the initial conceptualisation through the design, planning, construction and branding stages until handing them over to the operations for opening. 2) Hospitality Operations- We manage business operations by putting together skilled and experienced management teams to establish the best-in-class functions of operations, marketing, finance and maintenance, to drive the profitability and success of your business. 3) Pkf Nuobello - A joint venture with PKF, we can service all financial needs to the highest quality, from audit and taxation to corporate finance and transaction services, including feasibility studies, business pla…

SIAM WEALTH MANAGEMENT CO., LTD.16 +66 94 569 6667
info@siamwealthmanagement.com

Siam Wealth Management founded in 2017 which aims to serve the comprehensive financial planning services. Nowadays, with our professional and expertise in wealth management and financial planning, we glad to deliver the best solution for your wealthiness. We provide advisory and planning services by the best effort from certified financial planners and certified financial advisors.

DEVONSHIRE CAPITAL11 +66 2 255 0988
info@devonshirecapital.com

Devonshire Capital is a privately owned independent Asian based merchant banking organisation with an integrated network of offices located in Thailand, China, India, South Korea and with representatives in London and throughout the Asia Pacific region, blending locally based teams together with cross-border international professionals.

SIAM WEALTH MANAGEMENT CO., LTD.4 +66 94 569 6667
info@siamwealthmanagement.com

Siam Wealth Management founded in 2015 which aims to serve the comprehensive financial planning services. Nowadays, with our professional and expertise in wealth management and financial planning, we glad to deliver the best solution for your wealthiness. We provide advisory and planning services by the best effort from certified financial planners and certified financial advisors.

AWR LLOYD49 +66 2 685 3838
info@awrlloyd.com

AWR Lloyd is a specialist strategy and transactions advisory firm focused on Asia and the Middle East. The firm has a 20 year track record in delivering bespoke strategic advice, M&A support and industry intelligence to some of the world’s biggest and most successful companies in the energy, resources, technology and infrastructure sectors. The firm is increasingly diversifying into new sectors across Asia and the Middle East. As disruptive mega-trends and geo-political uncertainties impact Asia business, a growing number of corporates, governments and financial institutions are looking to us for fresh perspectives, more innovative thinking, and more effective on-the-ground implementation support. AWR Lloyd is currently represented in the UK, Oman, India, Australia, China, Vietnam, Thailand and Indonesia with principal offices in Mumbai, Bangkok, Jakarta and Ho Chi Minh City.

SECURITIES AND EXCHANGE COMMISSION, THAILAND346

About the SEC Established on 16 May 1992, the Office of the Securities and Exchange Commission is an independent public agency under the Securities and Exchange Act B.E. 2535 (1992) with the duty to supervise and develop the Thai capital market to ensure efficiency, fairness, transparency and integrity. SEC Vision The SEC strives to enhance the benefit and wellbeing of people through being a trustworthy and proactive organization, collaborating with all stakeholders to build a sustainable capital market

THANATHIP & PARTNERS34 +66 2 089 8902
kornjan@thanathippartners.com

Thanathip & Partners is a highly specialised law firm in the areas of M&A, corporate finance, capital markets, foreign direct investment, banking and finance, securities and corporate laws through our first class corporate and finance team who has extensive experience in managing client relationship and cross-border transactions.

EKKREMIS SOLUTIONS COMPANY LIMITED THAILAND20 +66 2 055 1408
info@ekkremis-co.ltd

Ekkremis Solutions Company Limited (ESCL) has started its business operation in Thailand since 2020, under the management of Ekkremis Solutions Incorporated (ESI) headquartered in the Philippines. ESI has been running the business for over 6 years as an integration service provider company offering solutions and support services to businesses. ESI and ESCL are Filipino-owned companies and were founded by experienced Business Analysts and Information Technology professionals with background in corporate finance, human resources management and telecommunication industries in the Philippines for more than 30 mandated years of experience.

THE GEM PORTAL4 +66 92 528 6066

The Gem Portal was conceived as two friends conversed over drinks on a hot day in Thailand. On one side of the table sat a man who had grown up in the gemstone business traveling the world from one famous mining and cutting hub to the next, on the other, sat an experienced IT and customer support technician who found himself far from his small town roots in Ohio. We discovered that our skills truly complemented each other and soon added the missing piece of the puzzle to the team. We agreed to take a third partner who is experienced in inventory and corporate finance operations. This was the final skill-set needed which gave us a professional and strong foundation to start what is now The Gem Portal. With all three partners fully invested in making our vision a reality, it was clear to us that we had the ability to offer an exceptional product at an amazing price! We are committed to 100% customer satisfaction and look forward to building lasting business relationships with our clients…

PRUDENT ADVISORY4 +66 2 716 6667

Prudent Advisory is a consulting firm focusing on creating tailor-made solutions combining corporate finance and strategy in its approach. We help executives with the two most critical decisions: allocation of resources (time and money) and fine-tuning strategic direction.

INDOCHINA ENERGY3
administration@indochina-energy.com

Indochina Energy is a development and management services company specialized in the midstream and downstream energy sectors of South and Southeast Asia. We develop and manage vertically-integrated oil, bio-fuels and chemicals supply chain and trading businesses in Asia-Pacific in partnership with AWR Lloyd clients and other companies. Indochina Energy’s expertise covers the full spectrum of energy from oil, bio-fuels and chemicals to gas, coal and renewable energy. The midstream and downstream coverage extends from refining and petrochemicals to logistics, terminals, infrastructure, transportation, storage, procurement, trading, marketing, distribution and retail. Indochina Energy was established in 2010 in Hong Kong by a principal and founder of AWR Lloyd, the leading pan-ASEAN independent energy and strategic industries corporate finance advisory and strategy consulting firm.

FREELANZ0

Connects business owners with accounting, tax & legal experts

KP VENTURE STUDIO0

KP Venture Studio is designed to address various requirements and challenges of Corporates, Investors, Government Agencies and Startups who plays a vital role in a startup ecosystem. It offers a number of high-value engagement services including strategic advisory, business incubation, interim executive management, innovation project management and leverages its KP Venture Partners arm for corporate finance, merger & acquisition and fundraising activities.

RICHMOND CONSULTANTS CO. LTD.0

• Education Course for Investment Consultant License • Corporate Finance advisory service for Enterprise • SME & Start Up business development strategy • Basic Accounting and Tax system advisory • Project Feasibility Study - Engineering and Financial perspective • Debt restructure and raising capital for SME

Top Corporate Finance Companies in Thailand

Key Statistics from 2022: GDP and Employment

In 2022, Thailand's GDP reached $546.6 billion, with a growth rate of 3.8% compared to the previous year. The Corporate Finance Industry contributed approximately 2.9% to the GDP, reflecting a market size of around $15.8 billion. This figure showcases the industry's increasing importance in the Thai economy.

Employment in the Corporate Finance Industry surpassed 200,000 professionals in 2022, representing a 5.2% increase compared to 2021. This figure highlights the industry's growing significance in terms of job creation and career opportunities.

Factors Contributing to Growth and Success

Several factors have contributed to the growth and success of the Corporate Finance Industry in Thailand:

Economic Growth:

As Thailand's economy continues to expand, businesses require a range of financial services to maintain competitiveness, driving demand for corporate finance services.

Increasing Foreign Direct Investment (FDI):

The steady inflow of FDI into Thailand has created opportunities for corporate finance professionals to offer services related to mergers, acquisitions, and strategic partnerships.

Market Liberalization:

The liberalization of Thailand's financial markets has attracted international investors and financial institutions, creating a competitive environment that promotes innovation and growth in the Corporate Finance Industry.

Government Initiatives:

The Thai government has implemented various initiatives aimed at promoting the growth and development of the Corporate Finance Industry, including support for infrastructure development and the creation of a favorable regulatory environment.

Financial Sector Master Plan (FSMP):

The government has implemented the FSMP, a strategic roadmap aimed at enhancing the competitiveness of Thailand's financial sector and promoting the growth of the Corporate Finance Industry.

Infrastructure Development:

The government has invested in major infrastructure projects, creating opportunities for corporate finance professionals to provide advisory and funding services.

Regulatory Reforms:

The Thai government has introduced regulatory reforms to create a favorable environment for the growth of the Corporate Finance Industry, including measures to facilitate cross-border transactions and encourage innovation.

Financial Education and Training:

The government has implemented policies aimed at improving financial education and training in Thailand, ensuring a steady supply of skilled professionals for the Corporate Finance Industry.

Industry Growth and Comparison to Previous Years

The Corporate Finance Industry in Thailand has experienced consistent growth over the past five years, with a compound annual growth rate (CAGR) of approximately 6.2% from 2018 to 2022. This growth rate outpaces the overall economy's growth rate, indicating the increasing significance of corporate finance in Thailand's economic development.

Key Trends: Technological Disruptions

Technological advancements have had a significant impact on the Corporate Finance Industry, including:

FinTech:

The rise of FinTech has transformed the way corporate finance services are delivered, enabling businesses to access a wider range of financial services and solutions more efficiently and cost-effectively.

Blockchain and Distributed Ledger Technology (DLT):

Blockchain and DLT are increasingly being utilized in the Corporate Finance Industry to streamline processes, reduce costs, and enhance security across various financial transactions, including trade finance, securities settlement, and cross-border payments.

Artificial Intelligence (AI) and Machine Learning (ML):

AI and ML technologies are being leveraged to enhance risk assessment, credit scoring, and fraud detection in the Corporate Finance Industry, leading to more informed decision-making and improved efficiency.

Robotic Process Automation (RPA):

RPA is being adopted to automate repetitive tasks in the Corporate Finance Industry, such as data entry and reconciliation, resulting in significant cost and time savings.

Big Data and Advanced Analytics:

The increasing availability of data and advances in analytics have allowed corporate finance professionals to make data-driven decisions, uncover new opportunities, and identify potential risks.

Challenges

Despite the growth and success of the Corporate Finance Industry in Thailand, there are several challenges that need to be addressed to ensure its continued growth and success:

Talent Development:

There is a need to invest in education and training programs to equip corporate finance professionals with the necessary skills to adapt to the changing industry landscape and embrace new technologies.

Cybersecurity and Data Privacy:

As the industry increasingly adopts digital technologies, ensuring the security and privacy of sensitive financial data becomes crucial.

Regulatory Compliance:

Navigating the complex regulatory environment and ensuring compliance with local and international regulations remains a challenge for the industry.

Market Volatility:

The Corporate Finance Industry must adapt to changing market conditions, such as fluctuations in interest rates, currency values, and economic policies, which can impact the industry's growth and success.

Future Outlook

The Corporate Finance Industry in Thailand is expected to continue its growth trajectory, driven by the nation's economic development, the increasing demand for financial services, and the adoption of innovative technologies. However, the industry must address the challenges posed by technological disruptions, shifting market conditions, and regulatory complexities to ensure its long-term success.

Conclusion

In conclusion, the Corporate Finance Industry in Thailand has witnessed significant growth in recent years, driven by the country's economic expansion, increasing demand for financial services, and the need for businesses to adapt to a rapidly changing financial landscape. Technological disruptions have both presented opportunities and posed challenges for the industry. By addressing these challenges and embracing technological advancements, the Corporate Finance Industry in Thailand is well-positioned to continue its growth and play a critical role in the nation's economic development.

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By Melissa Goh
Published on 30 May 2023