Showing 1 - 10 of 1,826
CP AXTRA Delivers Robust First-Half 2025 Performance with Revenue of 259,030 Million Baht
Published on 08/08/2025
» Bangkok, August 7, 2025 – CP AXTRA Public Company Limited (The Company or CPAXT), an operator of Asia’s leading wholesaler and retailer, “Makro-Lotus’s”, has announced its financial results for the first half of 2025, highlighting continued growth momentum. The Company reported total revenue of 259,030 million baht and a net profit of 4,929 million baht, representing a 5.8% rise YoY. Online sales grew by 34%, while fresh food sales delivered a 10% YoY increase, reflecting the success of its strategic focus on enhancing product offerings and diversifying all distribution channels to meet evolving consumer behaviors. The results further reaffirm CPAXT’s leadership position as Thailand’s No.1 Grocery E-Commerce Brand.
Key Thai sectors still protected under US tariff pact
Published on 05/08/2025
» Thailand’s pledge of near-total market access for US goods includes key limits to protect some domestic industries, according to a government official, laying out the terms the country sought for its tariff deal with Washington.
True IDC lands Alibaba Cloud deal
Business, Suchit Leesa-nguansuk, Published on 05/08/2025
» True Internet Data Center Co Ltd (True IDC), a local data centre and cloud services provider under Charoen Pokphand Group (CP), has been appointed the authorised distributor and managed services provider (MSP) of Alibaba Cloud in Thailand.
Pichai says 19% US tariff reflects strong Thai-American ties
Online Reporters, Published on 01/08/2025
» Finance Minister Pichai Chunhavajira viewed the United States’ imposition of a 19% tariff on Thai goods as a reflection of the close and enduring friendship between the two nations.
CPF prioritises premium food imports
Business, Somhatai Mosika, Published on 24/07/2025
» Charoen Pokphand Foods Plc (CPF) says it is committed to its global sourcing strategy, bringing in high-quality food products that meet the demands of consumers seeking premium options at affordable prices.
Thailand's next central bank chief champions rate cuts to revive growth
Published on 22/07/2025
» Vitai Ratanakorn, the incoming governor of the Bank of Thailand, by his own admission, will start his new job in October at a difficult time.
Cabinet approves Vitai as next Bank of Thailand chief
Published on 22/07/2025
» Thailand's cabinet on Tuesday gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a government official said.
CP Axtra touts good governance for sustainable growth
Business, Published on 21/07/2025
» CP Axtra Plc, the operator of the Makro-Lotus's wholesale and retail brands, recently held "Axtra CG DAY: Good Governance for Sustainable Growth".
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.
Epic Teochew Opera Celebrates 50 Years of Ties
Published on 09/07/2025
» Bangkok, 9 July 2025 - An Epic Operatic Extravaganza gets underway on July 10, 2025, when the superlative artistry of Shantou Teochew opera takes centre stage in celebrations marking the 50th anniversary of bilateral relations being established between Thailand and China.