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CP AXTRA Champions Governance for Sustainable Growth
Published on 18/07/2025
» Bangkok, July 17, 2025 – CP AXTRA Public Company Limited, the operator of Asia’s leading wholesaler and retailer “Makro - Lotus’s”, reaffirmed its commitment to corporate governance by hosting “AXTRA CG DAY: Good Governance for Sustainable Growth”. The event reflected the company’s dedication to embedding good governance principles as the foundation of its business practices and to fostering a culture of transparency, accountability, and fairness for all stakeholders. By prioritising equitable treatment of shareholders and meaningful stakeholder engagement, CP AXTRA aims to drive long-term, stable, and sustainable growth.
K-Research puts GDP growth at 1.2%
Business, Nareerat Wiriyapong, Published on 18/07/2025
» GDP growth this year could be as low as 1.2% or even less if the government fails to clinch a deal with the US that ensures the reciprocal tariff is competitive with those granted to neighbouring countries, said Kasikorn Research Centre (K-Research).
Investors urged to buy gold as price surges
Business, Nuntawun Polkuamdee, Published on 18/07/2025
» DBS Vickers Securities recommends investors increase their exposure to gold and reduce their allocation of government bonds from developed economies, predicting the bullion price will hit US$3,765 an ounce by the fourth quarter of this year.
Signs and symptoms of Thai stagnation
Oped, Thitinan Pongsudhirak, Published on 18/07/2025
» That Thailand is faring poorly in the world is no longer in dispute. Not so long ago, many were in denial and adamant that Thailand could still bring a good game to engage abroad, that "Teflon" Thailand could bounce back. Now, just about all indicators are pointing south. The causes of this country's decline and stagnation are not singular but multifaceted over a two-decade period. As Thailand's situation is likely to worsen before hopes for a better future can arise, it is instructive to start counting the costs.
Volvo Cars swings into loss on EVs, tariffs
AFP, Published on 17/07/2025
» STOCKHOLM - Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market.
Industrial property fund receives B1.1-billion investment
Business, Nuntawun Polkuamdee, Published on 17/07/2025
» AIM Group has announced an additional investment of 1.1 billion baht in the AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust (AIMIRT), bringing total investment in the fund to 14.1 billion baht.
Mind the gap
Oped, Postbag, Published on 17/07/2025
» Re: "Asia budding dividend zeal needs more support", (Opinion, July 14). When talking about dividend yields on stocks, it's always important to look at the so-called "yield gap".
Taking stock of nation's climate finance
Oped, Sarinee Achavanuntakul, Published on 17/07/2025
» If the ravages of extreme weather worldwide were not enough to convince anyone of the need to urgently address and adapt to climate change, consider a sobering fact delivered by the World Meteorological Organization (WMO).
Central bank contender touts need to work with government
Bloomberg News, Published on 16/07/2025
» A contender to be Bank of Thailand's (BoT) next governor said she would be "a little more aggressive" in articulating the path for interest rates, calling for closer coordination of monetary and fiscal policies.
Revenue collection may not reach goal
Business, Wichit Chantanusornsiri, Published on 15/07/2025
» The government's revenue collection for fiscal 2025 may fall short of its target due to the impact of the economic slowdown, says finance permanent secretary Lavaron Sangsnit.