A Thailand-based pioneering and independent financial advisory executing strategic transactions to access capital markets and international funding to help ASEAN clients realize growth aspirations.

16

International Awards from leading financial publications

2,919

Million

USD funding raised for clients since 2013

14000

Million

THB, the largest THB bond transaction in Thailand by Foreign Issuer

312

Million

USD, the largest USD bond transaction in Thailand

Who we are

A regional firm run by professionals with over 20 years’ in-depth expertise and experience in banking and finance industries, with strong focus on the Greater Mekong Sub-region – Cambodia, Laos, Myanmar, Vietnam and Thailand.

Our Customers

We work with....

As a leader in the region, we actively seek to assist Sovereigns in South and Southeast Asia that are exploring, or are in the initial stage of, cross-border bond issuance. We also work with state enterprises and key local leading corporates in the CLMVT sub-region seeking alternative sources of funding.

Our funding hub…

Is predominantly the Thai Capital Markets, given its ample liquidity and developed infrastructure, with supportive policies on regional integration.

Thailand

  • GDP Growth in 2019 (annual %): 2.4%
  • GDP per capita, PPP (current international $): 19,228.3
  • Inflation, consumer prices (annual %): 0.7%
  • Population: 69,625,582
  • Foreign Direct Investment, net inflows (BoP current $):
    6.13 Billion

Source: The World Bank Group as of 2019

Cambodia

  • GDP Growth in 2019 (annual %): 7.1%
  • GDP per capita, PPP (current international $): 4,570.7
  • Inflation, consumer prices (annual %): 2.5%
  • Population: 16,486,542
  • Foreign Direct Investment, net inflows (BoP current $):
    3.66 Billion

Source: The World Bank Group as of 2019

Lao PDR

    • GDP Growth in 2019 (annual %): 4.7%
    • GDP per capita, PPP (current international $): 8,150.8
    • Inflation, consumer prices (annual %): 3.3%
    • Population: 7,169,455
    • Foreign Direct Investment, net inflows (BoP current $):
      0.56 Billion

Source: The World Bank Group as of 2019

Vietnam

  • GDP Growth in 2019 (annual %): 7.0%
  • GDP per capita, PPP (current international $): 8,374.4
  • Inflation, consumer prices (annual %): 2.8%
  • Population: 96,462,106
  • Foreign Direct Investment, net inflows (BoP current $):
    16.12 Billion

Source: The World Bank Group as of 2019

Myanmar

  • GDP Growth in 2019 (annual %): 2.9%
  • GDP per capita, PPP (current international $): 5,355.3
  • Inflation, consumer prices (annual %): 8.8%
  • Population: 54,045,420
  • Foreign Direct Investment, net inflows (BoP current $):
    2.29 Billion

Source: The World Bank Group as of 2019

Our Services

Capital Market

Leveraging on Thailand’s unique position in the center of the Greater Mekong Sub-region, Twin Pine guides corporates from the region to access domestic and international debt and equity capital markets…

 

Sovereign Advisory

With a team of professionals possessing a wealth of experience in investment and corporate banking, economics, treasury products, and the public sector, Twin Pine provides debt management and fundraising solutions to governments in South and Southeast Asia…

Corporate Advisory

Operating in a region with one of the highest growth rates in the world, Twin Pine provides Merger and Acquisition advisory services to address clients’ evolving strategic needs in this dynamic environment…

Vision and Mission

Our Vision

To strengthen regional financial integration in an impactful way

Our Mission

To promote linkages in the region by creating access to funding and executing strategic transactions for governments, state enterprises and leading local corporates

Our Values

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Executional Excellence

Commitment to executional excellence, high ethical standards, and business integrity

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Good Governance

Promotion of sustainability and good governance, to access funding in a way that ensures clients grow efficiently and diligently

Passionate Icon

Entrepreneurship

Entrepreneurial and risk-embracing, unafraid to tap the potential of relatively unknown, untapped opportunities

Entrepreneurial and Risk Embracing Icon

People Development

Development and reward for the talents, strengths, and contributions of our people

Sustainability Icon

Community

Passionate commitment to contributing to the betterment of our society by “giving back” to the communities in which we work

Careers & Internship

At Twin Pine Group, our culture and our people are our greatest assets.  A career at Twin Pine Group is an opportunity to work at an entrepreneurial firm with a team of experienced and motivated professionals who believe in listening to and understanding clients’ needs and providing them with the best possible solutions.

Events

Bond markets

Green Bonds, Social Impact Bonds and bond markets

20th January 2020

  • Organization: AFIForum
  • Venue: InterContinental Bangkok
  • Country: Thailand

Infrastructure

What can infrastructure developments play in the wider Myanmar economy?

11th September 2018

  • Organization: Euromoney
  • Venue: Myanmar International Convention Center 2
  • Country: Myanmar

Introduction to Capital Markets Governance and Growth

9th August 2018

  • Organization: IOD (Thai Institute of Directors)
  • Venue: Sofitel Hotel, Phnom Penh Phokeethra
  • Country: Cambodia

Infrastructure Fund/Trust and Bonds for Financing Economic Growth

Benefits of Cross Border Bond Issuance Case Study of Baht Bond

18th July 2018

  • Organization: Securities and Exchange Commission of Thailand
  • Venue: Securities and Exchange Commission of Thailand
  • Country: Thailand

Panel Discussion

Necessary ecosystems for successful issuances and experience

30th January 2018

  • Organization: ADB (Asian Development Bank)
  • Venue: Securities and Exchange Commission of Cambodia
  • Country: Cambodia

Workshop on Corporate Bond in Lao PDR

31st May 2018

  • Organization: ADB (Asian Development Bank)
  • Venue: Securities and Exchange Commission of Cambodia
  • Country: Cambodia

Panel Discussion

Necessary ecosystems for successful issuances and experience

30th January 2018

  • Organization: ADB (Asian Development Bank)
  • Venue: Securities and Exchange Commission of Cambodia
  • Country: Cambodia

Innovative Financing

Bond Issuance in Thailand

21st June 2016

  • Organization: NEDA
  • Venue: Amara Hotel
  • Country: Thailand

Frontier Markets

Roundtable Discussion: International Issuance

23rd February 2016

  • Organization: IFR Asia by Thompson Reuters
  • Venue: The Landmark
  • Country: Hong Kong

Celebrating USD 1 Billion Raised

28th January 2016

  • Organization: Twin Pine Group
  • Venue: Anantara Siam Bangkok Hotel/ Bangkok
  • Country: Thailand

GMS/ASEAN

Growth Strategies: Laos Bond Case Study

3rd September 2015

  • Organization: Capital Market Academy by SET
  • Venue: Capital Market Academy
  • Country: Thailand

Southeast Asia panel discussion

Updating on country IPP markets and relate electricity infrastructure in SE Asia, progress and ongoing projects and opportunities in the market in 2015

6th November 2014

  • Organization: FEPA by Thompson Reuters
  • Venue: Intercontinental Hotel
  • Country: Singapore

Laos Economic Development

The possibilities for further capital market cooperation between Thailand and Lao PDR

12th September 2014

  • Organization: Bank of Ayudhya Public Company
  • Venue: Four Seasons Hotel
  • Country: Thailand

Laos People’s Democratic Republic bond issuances

19th November 2013

  • Organization: Economics TimesTV show, TNN Channel
  • Venue: Bangkok/ Thailand
  • Country: Thailand

At Twin Pine, we are passionate about contributing to the betterment of society, and giving back to the communities in which we work. Our people want to make a difference and help make the world a better place, through a number of CSR projects designed to support those most in need. Our commitment to society makes Twin Pine stand out in the boutique investment banking community.
We have given considerable thought to how we can help, where we can make a difference, and have chosen to focus on two of the most important social issues in this part of the world – education and livelihood.

To find out more click here

Helping Raise Awareness and Supporting Individuals with Special Needs

19th January 2019-2020

Twin Pine Group supports and partners with the Rainbow Room, a special needs awareness center in Bangkok, Thailand, to raise positive awareness on autism and children with special needs through workshops and fun activities. We were on the road with the Rainbow Room volunteers in Lao PDR, Vientiane and Pakse in 2019.

Mobile Eyeglasses Clinic for Students in Rural Areas of Lao PDR

11th April 2017

In April 2017, Twin Pine Group, in collaboration with The Thai Red Cross society and The Lao Red Cross, funded the Mobile Eyeglasses Clinic for Students in Rural Areas of Lao PDR in Rural Areas of Lao PDR. 370 students from Pak Ngum and Xaythany Districts of Vientiane participated in the clinic, having their eyesight measured and receiving eyeglasses instantly.

 

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