Once taboo, IPOs for brewers are back on Thai bourse’s agenda

Taking stock: People go about the daily commutes in Bangkok. The head of the lacklustre local bourse says it need to adjust its policies before its loses big alcohol beverage listings to other overseas stock exchanges. — Bernama

BANGKOK: Thailand’s stock exchange may open the door to alcohol beverage listings, long a taboo topic in the predominantly Buddhist country, as it seeks to jump-start share sales in its embattled equity market, according to its chairman.

“We urgently need to adjust ourselves before we lose those companies to other overseas stock exchanges,” Kitipong Urapeepatanapong, chairman of the Stock Exchange of Thailand, said in an interview.