IDC DATA NETWORK COMPANY LIMITED

Currency

The Dun & Bradstreet Rating of NB- indicates:

D&B Paydex: UN

When weighted by value, payments to suppliers average based on payments collected over the last 24 months.

Explanation of PAYDEX

A score of 80 denotes that payments reported to D&B have generally been made within terms. Scores over 80 indicate that payments reported to D&B have been made earlier than terms. The chart below outlines the specific 0-100 score and what it means.

Litigation

There is no legal suit filed against the company or any of its directors.

Investigation Information

On Dec 20, 2024, Miss Napaporn Kewpert, Owner, declined financials but confirmed operations.

IDC DATA NETWORK COMPANY LIMITED started its operations in 2024 and was incorporated on Dec 11, 2024 as a Private limited co.

It was registered with the Ministry of Commerce (MOC) under the registration number of 0135567036450, Bangkok, Thailand.

It operates custom computer programming services. An establishment of about less than a year, it has been in this line of business since the commencement of its business operations. Miss Napaporn Kewpert, Owner, currently heads the company.

Capital

Shareholders and Shareholdings

The following details represent the Full Shareholders List.

ORDINARY SHARES

Authorised Signatories

Any 1 of the directors may sign on behalf of subject with seal affixed.

Corporate Directors

Executives

Line of Business

Employees

Employee(s) - Current

The number of employees is undetermined.

Current Location

Thai economy to shake off risks in 2025 but growth limited

The National Economic and Social Development Council (NESDC) expects the Thai economy to sustain its upward momentum in 2025 despite growing risks, from a projected 2.6% growth rate this year, up from 1.9% in 2023. According to Danucha Pichayanan, secretary-general of the NESDC, the Thai economy is projected to grow between 2.3% and 3.3% in 2025, with a midpoint estimate of 2.8%.

Key drivers of growth include increased government consumption and investment, robust domestic private demand, continued recovery in the tourism sector, and sustained expansion in exports. Mr Danucha said key macroeconomic policy management priorities for next year include driving continuous growth in the export sector and preparing to address potential trade barriers resulting from the policies of the new US president.

For next year, the NESDC expects private consumption and investment to increase by 3% and 2.8%, respectively. The export value of goods in US dollar terms is expected to grow by 2.6%, while headline inflation is estimated to be in a range of 0.3-1.3% and the current account is projected to record a surplus of 2.6% of GDP. For this year, the Thai economy is projected to grow by 2.6%, up from 1.9% in the previous year.

Headline inflation is forecast at 0.5%, while the current account is expected to record a surplus of 2.5% of GDP. The government’s planning unit reported on Monday that the Thai economy expanded in the third quarter of 2024 by 3% year-on-year, accelerating from 2.2% in the previous quarter. After being seasonally adjusted, the economy increased by 1.2% from the second quarter. In the first nine months of 2024, the Thai economy grew by 2.3%.

Nattaporn Triratanasirikul, deputy managing director of Kasikorn Research Center (K-Research), said actual third-quarter GDP is slightly higher than the think-tank's projection of 2.6%, thanks to solid domestic consumption and a surge in government spending. K-Research now expects GDP to expand by more than 3% in the final quarter, pushing up the entire year to grow by 2.6%, as it estimated.

Meanwhile, K-Research does not expect a new stimulus to be announced on Tuesday by the economic stimulus policy committee, which would help boost the economy for the rest of 2024, given the limited budget available. “For example, we don’t expect any significant boost from the second phase of the 10,000-baht cash handout with an estimated cost of 150 billion baht.

The impacts would be limited this year, though it could have spillover effects next year,” Ms Nattaporn said. The think tank now expects GDP growth in 2025 to be in line with this year. Pichai Lertsupongkit, chief commercial officer at InnovestX Securities, said the economy in the third quarter grew in line with stock analysts’ estimates of 2.7%. “Now we are looking forward to hearing about economic stimulus measures to be announced today. Perhaps the scale of the stimulus will be a positive surprise for the stock market,” he said.

Source: Bangkok Post, Nov 18, 2024

Customer Service

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The information in this report was last updated on Dec 20, 2024.

D&B Rating Glossary

The following ratings are available for businesses in Thailand:

D&B Rating - The D&B® Rating in Thailand consists of 2 parts, the Financial Strength Indicator and the Risk Indicator. The Financial Strength Indicator is based on either Net Worth of a current balance sheet or Issued Capital. Risk Indicator is used in conjunction with the Financial Strength Indicator. The Risk Indicator reflects D&B's opinion of the risk associated with trading with a specific business. The table below contains the values for the D&B Rating in Thailand.

Financial Strength Indicator

Explanation of PAYDEX

A score of 80 denotes that payments reported to D&B have generally been made within terms. Scores over 80 indicate that payments reported to D&B have been made earlier than terms. The chart below outlines the specific 0-100 score and what it means.

Confidentiality

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