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Search Result for “assets”

Showing 1 - 10 of 18,230

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THAILAND

EGCO profit jumps 88% on strong performance

Published on 15/08/2025

» Bangkok, August 15, 2025 - Electricity Generating Public Company Limited (EGCO Group) has announced strong first-half 2025 results, posting a net profit of 5,734 million baht—an increase of 2,679 million baht or 88% year-on-year. The solid performance was largely driven by the company’s “Triple P” strategy, which emphasises strategic asset recycling. 

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WORLD

Historic Swedish church being moved as giant mine casts growing shadow

AFP, Published on 15/08/2025

» STOCKHOLM - A historic red wooden church considered one of Sweden's most beautiful buildings is to be moved from its longtime home in the Arctic town of Kiruna next week as part of a campaign to expand Europe's biggest underground mine.

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THAILAND

Nakhon Sawan ex-abbot in court over temple fund embezzlement

Published on 15/08/2025

» The disgraced former abbot of Wat Nakhon Sawan and a wealthy businesswoman close to him were taken to court on Thursday for detention in connection with the alleged embezzlement of 4.1 million baht from temple funds.

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WORLD

Hong Kong delays trial of democrat Jimmy Lai over heart problems

Reuters, Published on 15/08/2025

» HONG KONG — The closing submissions in a national security trial against Hong Kong pro-democracy businessman Jimmy Lai were delayed on Friday after his lawyer said he had suffered heart palpitations.

OPINION

Charting Thailand's refugee path

Oped, Published on 15/08/2025

» In the mid-1970s, conflict and upheaval across this region forced millions of people from Vietnam, Cambodia, and Laos to flee their homes in fear. Amidst this chaos, Thailand became a sanctuary for these refugees, offering safety and hope to those displaced.

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OPINION

Rare earths are definitely China's trump card

Oped, Published on 15/08/2025

» China's weaponisation of rare earths has emerged as a major flash point in US-China trade negotiations. These critical materials, especially the high-performance magnets they make possible, are vital components in electric vehicles (EVs), wind turbines, industrial robotics, and advanced defence systems. In response to China's strict rare-earths export controls, the United States has quietly lowered tariffs, relaxed export controls on AI chips, and even softened visa restrictions for Chinese students.

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THAILAND

Girlfriend of former abbot arrested in temple fund scandal

News, Wassayos Ngamkham, Published on 14/08/2025

» Police have arrested a 57-year-old woman, who was a romantic partner of the former abbot of Wat Nakhon Sawan, for alleged involvement in the embezzlement of temple funds.

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THAILAND

Phuket Poised to Lead as Premier Investment Hub 

Published on 14/08/2025

» Phuket, Thailand - Capstone Asset believes Phuket is on its way to becoming a leading hub for the creative economy and high-quality living in Asia. The company is moving forward with its flagship project

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GENERAL

Thai banks start cutting interest rates

Published on 14/08/2025

» Thailand’s top banks have started cutting lending rates, following the central bank’s move on Wednesday to reduce the benchmark policy rate to a two-year low of 1.50% to support a weakening economy hit by US tariffs.

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INVESTMENT

Thai mutual fund assets top B6tn in first

Nuntawun Polkuamdee, Published on 14/08/2025

» Assets in Thailand's mutual fund industry have surpassed 6 trillion baht for the first time, driven by fixed-income fund inflows amid expectations of interest rate cuts, says the Association of Investment Management Companies (AIMC).