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Search Result for “debt”

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THAILAND

CP AXTRA 2025: Revenue 520.7 Billion Baht, Online +27.4%, Dividend 0.71 Baht/share

Published on 24/02/2026

» Bangkok: February 23, 2026 – CP AXTRA Public Company Limited (The Company or CPAXT), the operator of Asia's leading wholesaler and retailer "Makro and Lotus's", announced its 2025 operating results, reporting total revenue of 520,706 million baht and net profit of 9,356 million baht. The Company’s performance was driven by the following factors:

THAILAND

'No plan' for VAT rate hike

News, Chairith Yonpiam, Published on 24/02/2026

» The incoming Bhumjaithai-led administration will not raise the value-added tax (VAT) rate to 10% over the next three years, a BJT executive said, adding that the party's immediate focus is economic recovery.

BUSINESS

Aberdeen bullish on local equities post-election

Business, Nuntawun Polkuamdee, Published on 24/02/2026

» Aberdeen Asset Management has adopted a bullish stance on Thai equities following the recent election, noting political clarity and improving stability could pave the way for renewed foreign inflows and a recovery in the benchmark index to 1,500 points.

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).

BUSINESS

Using credit scores to gauge interest

Business, Somruedi Banchongduang, Published on 23/02/2026

» For decades, Thai banks have relied on borrowers' monthly income to decide how much interest they should pay on personal loans. Now an individual's credit score can help determine interest rates, a shift that could reshape how consumers borrow and how banks manage risk.

BUSINESS

Dead man walking

Business, Published on 23/02/2026

» Being labelled the "sick man of Asia" has forced Thailand to reassess the long‑standing problems causing its "chronic economic illness".

THAILAND

Bhumjaithai’s ‘Fab Three’ face a new test

Published on 21/02/2026

» With the dust settling after the general election, Thailand’s political landscape has been decisively reshaped by the Bhumjaithai Party’s overwhelming victory.

BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.

BUSINESS

Thai hotel group Minor plans $1bn property fund

Published on 20/02/2026

» Minor International Plc, Thailand’s largest hotel and restaurant chain operator, plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt repayment.

THAILAND

TIDLOR Posts Record 2025 Profit of 4.96bn baht, NPL Falls to 1.5%

Published on 20/02/2026

» Feb 20, 2026 – Tidlor Holdings Public Company Limited (“TIDLOR” or the “Group”) announced its 2025 operating results, reporting a record net profit of 4,963 million baht, up 17.4% year-on-year.