Showing 151 - 160 of 12,051
MINT Q1 Profits Surge to THB 1,146M
Published on 15/05/2024
» Minor International Public Company Limited (“MINT”) on May 14, 2024, announced its first quarter 2024 financial results, posting a net profit of THB 1,146 million in 1Q24 notwithstanding 1Q being the low season for its most significant contributor, its European hotel business. This profit represented a significant improvement from a THB 976 million loss in 1Q23 and was attributable to stronger performance across all business units as well as favourable foreign exchange movements. At the core level, MINT recorded a core net loss of THB 352 million in 1Q24 (due to aforementioned seasonality of the European hotel business), representing a 46% improvement (less loss) from a core net loss of THB 647 million in 1Q23. MINT’s hotel and restaurant businesses both reported robust financial performance in 1Q24 from continued rising demand, which enabled the Company to implement strategic dynamic pricing, drive increased dine-in traffic and lock in further cost optimisation. Minor Hotels Thailand, Minor Hotels Australia and Minor Food all saw double-digit year-on-year growth. Meanwhile, Minor Hotels Europe and the Americas outperformed expectations by narrowing their y-y quarterly losses.
Numéro Thailand Celebrates 12 Years with Charity Event
Published on 15/05/2024
» Numéro Thailand, the renowned French luxury fashion, beauty, travel, and lifestyle magazine, hosted its 12th anniversary celebration under the theme "A Day Best Lifestyles" at the Park Hyatt Bangkok. The event aimed to showcase a curated selection of exceptional lifestyles while contributing part of the event’s proceeds to the Thai Red Cross Society.
Singapore's riches grew under its leader, so did discontent
New York Times, Published on 15/05/2024
» SINGAPORE — Singapore was once known as an affluent and strait-laced city-state. Today, it is a glitzy international destination. It has hosted Taylor Swift concerts and Formula One-night races. And it is substantially richer, per capita, than the United States.
Pichai downplays ex-deputy's criticism
News, Mongkol Bangprapa, Published on 15/05/2024
» Deputy PM and Finance Minister Pichai Chunhavajira downplayed criticism of him in a resignation letter written by his former deputy Krisada Chinavicharana.
Central Pattana profit up 28% to B4.15bn in Q1
Business, Published on 15/05/2024
» Central Pattana Plc (CPN) reported total earnings of 12.2 billion baht in the first quarter of this year, up 19% year-on-year.
Firms prepare for next phase of Carbon Border Adjustment Mechanism
Business, Lamonphet Apisitniran, Published on 15/05/2024
» Local businesses, especially small and medium-sized enterprises (SMEs), need help to improve their manufacturing environmental standards as new phases of the European Union's Carbon Border Adjustment Mechanism (CBAM) are slated to cover exports to the bloc, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.
Migrant workers face heatwave risks
News, Published on 15/05/2024
» As extreme heat becomes more common, Thailand needs a comprehensive labour protection law to safeguard at-risk migrant workers from the hotter climate.
Thailand tops region for ransomware attacks
Suchit Leesa-nguansuk, Published on 14/05/2024
» Thailand had the most ransomware attacks in Southeast Asia last year, according to the Russia-based cybersecurity company Kaspersky.
At least 14 killed after billboard collapses in India
Reuters, Published on 14/05/2024
» MUMBAI - At least 14 people have died and dozens were injured after a huge billboard fell on them during a thunderstorm in India's financial capital Mumbai, according to local authorities.