Showing 1 - 10 of 7,380
MINT Q1 Profits Surge to THB 1,146M
Published on 15/05/2024
» Minor International Public Company Limited (“MINT”) on May 14, 2024, announced its first quarter 2024 financial results, posting a net profit of THB 1,146 million in 1Q24 notwithstanding 1Q being the low season for its most significant contributor, its European hotel business. This profit represented a significant improvement from a THB 976 million loss in 1Q23 and was attributable to stronger performance across all business units as well as favourable foreign exchange movements. At the core level, MINT recorded a core net loss of THB 352 million in 1Q24 (due to aforementioned seasonality of the European hotel business), representing a 46% improvement (less loss) from a core net loss of THB 647 million in 1Q23. MINT’s hotel and restaurant businesses both reported robust financial performance in 1Q24 from continued rising demand, which enabled the Company to implement strategic dynamic pricing, drive increased dine-in traffic and lock in further cost optimisation. Minor Hotels Thailand, Minor Hotels Australia and Minor Food all saw double-digit year-on-year growth. Meanwhile, Minor Hotels Europe and the Americas outperformed expectations by narrowing their y-y quarterly losses.
CP Foods Q1 Profit Soars 142% to THB 1,152M
Published on 15/05/2024
» Charoen Pokphand Foods Public Company Limited (CP Foods), a leading company operating integrated agro-industrial and food business, announced a net profit of THB 1,152 million for the first quarter of fiscal year 2024, marking a notable 142% increase from the same period in the previous year. This impressive performance is attributed mainly to the favourable livestock pricing trends in Asia and ongoing enhancement in production efficiency, leading to significant softening of animal husbandry costs.
A turning point for clean cooking
Oped, Published on 15/05/2024
» For most of her life, Florence Auma Ode cooked over an open fire in her Kenyan home. The resulting smoke coated the walls with a layer of soot and filled her lungs -- and those of her family members -- with particulate matter.
SC Asset Launches Morning Coin Utility Token
Published on 14/05/2024
» SC Asset Corporation, the leading developer of high-quality real estate with innovation, has introduced the Morning Coin (MNC) utility token to connect SC residents with an array of exclusive benefits and privileges.
Towards strategic Thai-French ties
Oped, Kavi Chongkittavorn, Published on 14/05/2024
» In April 2022, Thailand learned that French President Emmanuel Macron was keen to engage with the Asia-Pacific region in person. As the host of the 32nd Asia-Pacific Economic Leaders' Meeting (Apec) in October of that year, former deputy prime minister and foreign minister Don Pramudwinai quickly issued an invitation to the president to attend as a guest. The rest, as they say, is history.
New 'Lord of the Rings' movie will put Gollum centre stage
New York Times, Published on 11/05/2024
» NEW YORK - The next movie in the "Lord of the Rings" franchise will focus on Gollum, one of the series' most recognisable characters, Warner Bros Pictures announced on Thursday.
Gap's Met Gala denim moment stunning, smart
News, Published on 11/05/2024
» Among the many luxury brands showing off their lavish creations at the Met Gala this week were a handful of more mainstream names. One standout was The Gap Inc, which dressed actress Da'Vine Joy Randolph.
Thai Airways CEO promises quick fix on defective seats
Online Reporters, Published on 10/05/2024
» Thai Airways International CEO Chai Eamsiri has pledged a quick fix on faulty seats, saying a parts shortage was partly to blame for the problem that had irked some customers.
Royal Cliff Hosts Exciting 2024 Tennis Championships
Published on 10/05/2024
» The Royal Cliff Hotels Group is pleased to announce the upcoming AssetWise Junior Tennis Thailand Championship and ITF MT-700 Masters Championship. These two prestigious events will be hosted at the resort’s Fitz Club, a luxury fitness centre, on 4 and 5 May, and in November 2024 respectively.
Cambodian canal tests Mekong unity
Oped, Published on 10/05/2024
» Cambodia has every right to develop infrastructure to promote economic development in its part of the Mekong Basin, but the way Cambodia's government is conducting diplomacy around the 180-km Funan Techo Canal threatens to undo three decades of Mekong collaboration.