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Search Result for “Kerry Express”

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GENERAL

Asian shares rise after Wall Street advances

Business, Published on 30/03/2024

» RECAP: Shares in Asia rose yesterday following gains on Wall Street, which closed out a stellar quarter ahead of a holiday on Friday. Benchmarks in Japan, South Korea and mainland China all edged higher, while the US dollar firmed after hawkish comments from a Federal Reserve official.

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GENERAL

Kerry Thailand to get more support from Chinese parent

Suchit Leesa-nguansuk, Published on 26/03/2024

» SF Express, the largest integrated logistics provider in China and Asia, has become the majority shareholder of Kerry Express (Thailand) Plc (KEX), holding 62.66% as a result of a mandatory tender offer for shares.

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THAILAND

PM urges action on influx of Chinese goods

Post Reporters, Published on 15/02/2024

» Prime Minister Srettha Thavisin has urged the Revenue and Customs departments to speed up efforts to stop cheap products from China from flooding Thailand’s domestic market, including revoking the value-added tax waiver on Chinese products worth less than 1,500 baht.

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GENERAL

VGI targets advertising growth on expanding skytrain lines

Business, Suchit Leesa-nguansuk, Published on 18/01/2024

» VGI Plc, an out-of-home (OOH) media firm, plans to grow in line with the expansion of new mass transit lines, using its audience profile to offer more financial and retail services.

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GENERAL

Competition in delivery services to intensify

Business, Suchit Leesa-nguansuk, Published on 03/01/2024

» Chinese logistics giant SF Holding's acquisition of shares in Kerry Express (Thailand) is set to intensify competition in Thailand's delivery services sector.

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THAILAND

Delivery firms pledge to obey traffic rules

Published on 03/11/2023

» Thirteen delivery service companies have signed an agreement with the Bangkok Metropolitan Administration (BMA) to ensure their riders do not violate traffic regulations.

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GENERAL

Kerry Express allots B1bn for shift to automation

Business, Suchit Leesa-nguansuk, Published on 02/11/2023

» Kerry Express (Thailand) is investing around 1 billion baht in logistics technology to automate its sorting facilities and deploy digital mapping, aiming to increase operating efficiency and productivity.

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GENERAL

Lazada banking on new sorting facility

Business, Suchit Leesa-nguansuk, Published on 27/10/2023

» Lazada Thailand is making its largest investment in Southeast Asia on a new sorting facility, preparing for e-commerce growth expected to reach US$32 billion by 2025.

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GENERAL

Kerry to put greater focus on B2B segment

Business, Suchit Leesa-nguansuk, Published on 25/08/2023

» Kerry Express Thailand Plc expects the price war in the last-mile parcel delivery business to end next year as many operators in the sector are no longer expected to be able to shoulder the losses generated amid brutal competition.

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BUSINESS

KEX expands through alliance

Business, Published on 10/05/2023

» Kerry Express (KEX), Thailand’s leading express delivery provider, has decided to partner with All Speedy Co, a CP All subsidiary, to expand its service into 7-Eleven branches nationwide.