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Search Result for “$8 billion”

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THAILAND

PTT Reports Profit and Focuses on Sustainable Growth

Published on 22/08/2024

» PTT Public Company Limited reported a net profit of 64.437 billion baht for the first half of 2024, reaffirming its commitment to becoming a globally sustainable organisation. The revenue was derived 92% from its Hydrocarbon business and 8% from Non-Hydrocarbon sectors. The company’s board approved an interim dividend payment of 0.80 baht per share for H1 2024. Including tax contributions from PTT and its subsidiaries, PTT has returned a total of 35.684 billion baht to the government, supporting Thailand’s social and economic development. Additionally, PTT has helped alleviate the public burden caused by the energy price crisis since 2020 by reducing living costs. 

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THAILAND

AssetWise hits new record with 849 million profit

Published on 16/08/2024

» ASW unveiled its performance for the first six months of 2024, achieving a new high with 4.642 billion baht in total revenue, contributing to a record profit of 849 million baht. This represents year-on-year growth of 54% in revenue and 93% in profit.

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THAILAND

Myrex Thailand Reignites Stainless Steel Segment with MEYER Launch

Published on 16/08/2024

» Myrex (Thailand), a leading global cookware and bakeware manufacturer, is set to penetrate the 35-billion-baht kitchenware market with the launch of two new MEYER stainless steel models—the White Steel Series and Luna Series. This marks the company's return to the stainless steel segment after 25 years. With this launch, Myrex aims to boost sales by 15% by the end of 2024, targeting home cooking enthusiasts across all generations.

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THAILAND

GJS to invest 1.5 billion baht to upgrade its facilities

Published on 13/08/2024

» On August 9, 2024, GJ Steel Public Company Limited (GJS) has made a decision to invest 1.5 billion baht over the next 3 years to revamp its production facility for improving its product and quality capabilities and enhance cost competitiveness.  

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THAILAND

Office of Transport to invest almost B9bn to expand water transport

News, Onnucha Hutasingh, Published on 13/08/2024

» The Office of Transport and Traffic Policy Planning (OTP) plans to invest 8.87 billion baht to improve water transport networks in Bangkok and adjacent provinces.

THAILAND

Cross-border trade sees positive trend

News, Mongkol Bangprapa, Published on 12/08/2024

» The value of Thailand's cross-border and transit trade in the first six months of the year stood at over 912 billion baht, an increase of 3.6% on the same period last year, which the government attributed to the increased promotion of cross-border trade over the past several months.

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THAILAND

Tourism buoyant again, reports govt

News, Mongkol Bangprapa, Published on 10/08/2024

» The government expects the tourism industry to generate about 2.8 trillion baht in revenue for the country this year, with the number of foreign tourists expected to total nearly 38 million, said government spokesman Chai Wacharonke.

THAILAND

Budget slashed by B500m

News, Wassana Nanuam, Published on 10/08/2024

» The armed forces' budget for the next fiscal year has been reduced by more than 500 million baht by the parliamentary committee responsible for vetting the budget expenditure bill.

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THAILAND

Discover a New Harmony at Paradise Park

Published on 09/08/2024

» After announcing an investment of over 1 billion THB for a major renovation to provide a new experience for customers in eastern Bangkok and surrounding areas, Paradise Park, a shopping centre under the MBK Group, has officially celebrated its grand new look. The centre has adopted a new strategy and concept of LIVING in HARMONY, focusing on a mindful life, good eating, well-being, and health. It has partnered with leading health organisations to create a holistic health and wellness landmark. Additionally, new magnets such as leading stores and popular restaurants continue to open, and the centre is packed with interesting activities every month. It is believed that these offerings will bring joy and meet all lifestyle needs. 

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THAILAND

G Steel to invest 3 billion baht to upgrade production capability

Published on 09/08/2024

» G Steel Public Company Limited (G Steel) has made a decision to invest in capital project for a total of 3 billion baht over the next 3 years, to upgrade its production facility for improving its quality capabilities, cost competitiveness and revamp outdated facilities.