Showing 1 - 10 of 383
Central Retail to book B6bn profit from Rinascente sale
Post Reporters, Published on 19/09/2025
» Central Retail Corporation Plc (CRC) says it expects to realise a post-tax profit of about 6 billion baht on the sale of Rinascente, its luxury department store business in Italy, in a deal valued at about 14.7 billion baht.
Line Man Wongnai diversifies to beauty
Business, Suchit Leesa-nguansuk, Published on 09/09/2025
» Line Man Wongnai has diversified into a new frontier -- the beauty and wellness industry -- through its recent acquisition of JERA Cloud, tapping a market worth close to 100 billion baht, while it also plans to expand into on-demand beauty services, retail and tutoring in the future.
Crowdfunding industry sees steep contraction in first half
Business, Nuntawun Polkuamdee, Published on 19/08/2025
» Thailand's crowdfunding industry faced a steep contraction in the first half of 2025, with fundraising volumes plunging 60% year-on-year to 733 million baht, amid tightening liquidity and rising non-performing loans (NPLs), according to crowdfunding provider Investree.
Analysts upgrade earnings outlook for Thai Union Group
Business, Nareerat Wiriyapong, Published on 07/08/2025
» Analysts are upgrading earnings forecasts for Thai Union Group (TU), a leading global seafood producer, reflecting second-quarter financial results that were better than expected, a clearer idea of the impacts from US tariffs, and the likelihood of a deeper partnership with Mitsubishi Corp through a 6.65-billion-baht share acquisition.
ROCTEC Amends Hello LED Deal, Declares Dividend
Published on 27/07/2025
» Bangkok, 25 July 2025 – ROCTEC Global Public Company Limited (“ROCTEC”) announced the resolutions of its 2025 Annual General Meeting of Shareholders held on 24 July 2025. All agenda items were duly acknowledged and approved, including a key resolution to amend the share purchase agreement of Hello Bangkok LED Co., Ltd. (“Hello LED”) between ROCTEC and Plan B Media Public Company Limited (“PLANB”), which constitutes a connected transaction. Shareholders also approved the dividend payment from the Company’s operating results for the fiscal year 2024/25.
PTT to sell stake in Taiwan pharmaceuticals firm
Business, Yuthana Praiwan, Published on 25/07/2025
» National oil and gas conglomerate PTT Plc has decided to adjust its investment in the life science business by selling a small portion of the shares it holds in Taiwan-based Lotus Pharmaceutical to boost financial flexibility.
Eateries hit by plunging sales, rising costs
Business, Suchit Leesa-nguansuk, Published on 22/07/2025
» The Thai restaurant industry is facing significant headwinds in the current economic climate, with many businesses reporting a substantial drop in revenue amid increasing operational costs.
Police tracing origin of ‘trash cash’
Published on 17/06/2025
» Police have confirmed that 12 million baht in cash abandoned near a garbage disposal in a Nonthaburi condominium belonged to a lawyer, but say they are still trying to confirm the origins of the money.
PM slams critics of casinos
Chairith Yonpiam, Published on 05/05/2025
» Prime Minister Paetongtarn Shinawatra has lashed out at critics of the proposed casino entertainment complex, accusing political rivals of playing games to sow public confusion and inflame opposition.
Asia must unite to survive Trump 2.0
Oped, Lee Jong-wha, Published on 01/04/2025
» US President Donald Trump has raised the spectre of economic and geopolitical turmoil in Asia. While individual countries have few options for pushing back against Mr Trump's transactional diplomacy, protectionist trade policies, and erratic decision-making, a unified region has a fighting chance.