Showing 1 - 10 of 1,461
Shares dip as Thai billionaire transfers stakes to children
Published on 27/05/2025
» Shares of Berli Jucker (BJC) and Asset World Corp (AWC) dipped on Tuesday, after billionaire Charoen Sirivadhanabhakdi offloaded control of the two Bangkok-listed companies to his offspring, triggering investor concerns about a change in major shareholders.
CP Group Ranks Top 5% Globally for Sustainability
Published on 23/05/2025
» BANGKOK, MAY 2025 – S&P Global, one of the world's foremost financial analytics firms, hosted the S&P Global Sustainability Yearbook 2025 Distinction Ceremony at the Bangkok Marriott Marquis Queen's Park Hotel on May 20, 2025. The event recognised exceptional benchmarking performances from Thai businesses which have earned them coveted places in the 2025 Sustainability Yearbook beside other leading companies from across the world.
Thailand's First AI Hyperscale Data Center Debuts
Published on 23/05/2025
» Bangkok – May 22, 2025 – True Internet Data Center (True IDC), a leading data centre and cloud service provider under Charoen Pokphand Group (CP), officially launched Thailand’s first AI Hyperscale Data Center, reinforcing its commitment to advancing the nation’s digital infrastructure to support the new economy and positioning Thailand as the digital hub of ASEAN.
Listed Thai companies set for earnings plunge in 1st half
Business, Nuntawun Polkuamdee, Published on 22/05/2025
» Analysts expect listed companies' earnings to drop 6% year-on-year in the first half of 2025 amid global trade tensions and tourism weakness, with serious headwinds expected this quarter and next.
Suphachai Leads CP-GIP-True IDC Alliance to Power Digital Thailand
Published on 16/05/2025
» Bangkok, May 15, 2025 – As the global digital economy rapidly advances into the age of artificial intelligence and hyperscale data consumption, Thailand is positioning itself to lead the charge in Southeast Asia. In a major step toward this vision, a new strategic partnership has been announced between Charoen Pokphand Group (CP Group), Global Infrastructure Partners (GIP)—a part of BlackRock—and True IDC, Thailand’s leading data centre provider. The collaboration aims to elevate Thailand’s digital infrastructure to world-class standards, with a focus on expanding data centre capacity, cloud services, and renewable energy solutions to support the growing demands of AI and cloud computing.
New True chief vows to pay firm's 1st dividend in 25 years
Business, Komsan Tortermvasana, Published on 14/05/2025
» The newly appointed group chief executive of True Corporation has outlined his mission for the first 100 days, writing a new chapter for the telecom company by continuing its profitability, driving operations of trusted services, and strengthening data centre development.
CP Axtra Q1 revenue hits B130bn
Business, Published on 12/05/2025
» CP Axtra Plc, the operator of leading wholesale and retail brands Makro and Lotus's, reported total revenue of 130 billion baht in the first quarter this year.
Trump's China signals give shares a lift
Business, Published on 10/05/2025
» RECAP: Asian stocks advanced yesterday after US President Donald Trump announced a trade deal with the UK and signalled that tariffs on Chinese goods may fall if preliminary talks this weekend in Switzerland go well.
SET rebounding after a bumpy April
Business, Published on 10/05/2025
» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.
CPAXT Posts Strong Q1 Growth, Leads E-Grocery
Published on 09/05/2025
» Bangkok, 8 May 2025 — CP AXTRA Public Company Limited (“the Company” or “CPAXT”), operator of leading wholesale and retail brands Makro and Lotus’s, announced robust Q1/2025 results, posting total revenue of Baht 129.95 billion. Adjusted net profit rose 10.3% year-on-year, driven by continued strong performance across both wholesale and retail segments.