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TTA Posts Baht 942m Profit in First Half of 2025
Published on 15/08/2025
» Bangkok, August 15, 2025 – Thoresen Thai Agencies (TTA) posted first-half revenues of 14.52 billion baht and net profit of 942.4 million baht, driven by strong Shipping and Other Investments performance. Shipping, Offshore Service, Agrochemical, Food & Beverage, and Other Investments contributed 23%, 53%, 14%, 7%, and 3% of revenue, respectively. Shipping achieved a TCE rate 31% above the market, while Offshore Service maintained a US$688.1 million order book. Other income surged 833% YoY to 1.56 billion baht on digital asset sales. TTA closed the half with 5.7 billion baht in cash, net operating cash flow of 1.61 billion baht, and a debt-to-equity ratio of 0.37.
Italy awards top honours to Khunying Patama and Dr Somsak
News, Post Reporters, Published on 15/08/2025
» Italy has bestowed two of its highest national honours on two prominent Thai figures in recognition of their exceptional contributions to international relations, philanthropy and the strengthening of cultural and economic ties between Italy and Thailand.
Thai hand-painted 'Demon Slayer' poster goes viral
Khanaphot Saengchai, Published on 14/08/2025
» A hand-painted billboard advertising the hit Japanese anime film 'Demon Slayer: Infinity Castle' (2025) has gone viral on social media, sparking debate about traditional artwork and cultural preservation.
Thai universities go global in rankings
News, Published on 14/08/2025
» In the heart of Bangkok, the campus of Chulalongkorn University, Thailand's oldest university, is becoming more international as it welcomes an increasing number of foreign students every year.
Thailand must redefine FDI for future
News, Peerasit Kamnuansilpa, Published on 14/08/2025
» Thailand's economic future looks increasingly uncertain. Once a rising star among emerging markets, the country now faces persistent stagnation. A key reason lies in how we have treated foreign direct investment (FDI) -- not as a strategic lever for national economic development but as a short-term fix driven by rent-seeking behaviour, bureaucratic collusion, and a failure to safeguard the nation's long-term economic interests and its goals for equitable development.
Clean energy dearth dents foreign interest
Business, Yuthana Praiwan, Published on 13/08/2025
» Ongoing political instability may slow Thai economic growth, but a larger hindrance is in the energy sector, as Thailand risks losing 1 trillion baht in foreign investment opportunities if the government does not step up efforts to facilitate renewable power usage, according to Thailand Development Research Institute (TDRI).
Ministry prepares stimulus measures to counter tariff
Business, Wichit Chantanusornsiri, Published on 12/08/2025
» The Finance Ministry is preparing to roll out stimulus measures to offset the negative impacts of US tariffs, while also revving up its regulatory guillotine to enhance the country's competitiveness.
Labour expert warns against importing Sri Lankan workers
Published on 11/08/2025
» A plan to bring in unskilled workers from Sri Lanka is not the right solution to the exodus of Cambodian labourers and it will backfire on Thailand in the long run, a prominent labour expert warned on Monday.
Thailand named Asia’s most culturally rich nation
Online Reporters, Published on 11/08/2025
» Thailand is ranked the country with the most culturally rich heritage in Asia and eighth in the world in the US News & World Report 2024 ratings, which evaluate 89 nations.
Reform agenda to the fore
Business, Post Reporters, Published on 11/08/2025
» Although Thai businesses are relieved the US has reduced its import tariff on Thai goods to 19%, on par with other countries in the region, improving long-term competitiveness remains a challenge for domestic firms, in addition to attracting foreign investment.