Showing 1 - 10 of 1,363
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.
State agency lifts GDP forecast to 2.2%
Business, Published on 31/07/2025
» The Fiscal Policy Office (FPO) under the Finance Ministry has slightly increased its Thai GDP growth forecast for this year to 2.2%, up from its previous estimate of 2.1% in April.
Applications open for a groundbreaking leadership course at Chula's 'SoftEx 2025'
Life, Tatat Bunnag, Published on 16/07/2025
» From today until July 31, applications are open for "SoftEx 2025"-- an exclusive executive training programme where the Creative Economy Agency (CEA), in collaboration with Chulalongkorn Business School (CBS), invites visionary leaders, policymakers and entrepreneurs to take part in reshaping Thailand's future through creativity and culture. This groundbreaking course -- the first of its kind in the country -- is designed to elevate Thai leadership by equipping participants with the tools needed to drive the creative economy and leverage soft power as strategic assets for national development.
Shabu restaurants forced into price war
Business, Kuakul Mornkum, Published on 15/07/2025
» The Thai Restaurant Association sees the price war among major shabu brands as reflecting challenges of the sluggish Thai economy, as consumers are increasingly seeking value-for-money dining choices. This price competition is also affecting small and medium-sized restaurant operators.
State revenue misses goal by B12.7bn
Business, Wichit Chantanusornsiri, Published on 04/07/2025
» The government's revenue collection for the first eight months of the fiscal year fell short of the target by 0.7%, or 12.7 billion baht.
Fake invoices used in multi-million-baht VAT refund fraud
Wassayos Ngamkham, Published on 30/06/2025
» The Revenue Department (RD) and the Central Investigation Bureau (CIB) have jointly dismantled a major value-added tax (VAT) fraud ring that allegedly resulted in over 1 billion baht in losses to the state.
Vietnam approves extension of VAT cut
Reuters, Published on 17/06/2025
» HANOI - Vietnam's National Assembly, the country's lawmaking body, on Tuesday passed a resolution to extend a cut in the value-added tax (VAT) rate until the end of next year, state media reported.
Social Security Office paid 'over double for building'
News, Post Reporters, Published on 13/06/2025
» The Social Security Office (SSO) paid roughly double the market value for the SKYY9 Building, according to a special committee appointed by the Interior Ministry to audit the SSO's budget use.
Diner refuses to pay VAT, causes scene at restaurant
Gary Boyle, Published on 11/06/2025
» A customer refused to pay the 21 baht VAT on the bill at a ramen restaurant in a Bangkok petrol station and tried to storm out without paying - only to be stopped by other diners.
Sukiyaki battle boils up
Business, Published on 11/06/2025
» As consumers tighten their budgets, leading sukiyaki restaurants are engaging in a price war to attract customers. This strategy has advantages and drawbacks, while the effect on sales can be uncertain.