Showing 1 - 10 of 6,754
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.
Electronics firms now gaze overseas
Business, Nareerat Wiriyapong, Published on 08/08/2025
» The electronics sector, which employs roughly 600,000 people, has started to freeze hiring and study partial manufacturing relocation to countries with lower costs and higher production efficiency than Thailand, in a bid to minimise the impact of US tariffs, says the Electronics & Computer Employers Association.
Chevron, BCPR partner on Gulf of Thailand project
Published on 07/08/2025
» Bangkok, August 5, 2025 — In a significant step towards bolstering Thailand’s energy security, a new partnership has been launched between Chevron Offshore (Thailand) Limited (COTL) and BCPR Co., Ltd. (BCPR) for petroleum exploration and production in Block G2/65 in the Gulf of Thailand. Formalised under a Production Sharing Contract (PSC) model, the collaboration was officially marked at a recent ceremony presided over by Dr Prasert Sinsukprasert, Permanent Secretary of the Ministry of Energy. The event also commemorated the Minister of Energy’s authorisation of BCPR’s participation—an affiliate of the Bangchak Group and a leading Thai energy company—via the issuance of Supplementary Production Sharing Contract (No. 1). The partnership is expected to advance exploration and development activities in the block.
Scams and mule accounts a dominant fraud concern
Business, Published on 07/08/2025
» Scams and mule accounts have become the dominant threat facing banks across Asia Pacific, according to a new survey by the multinational credit data analytics software company FICO.
Phumtham upbeat about foreign investment
Published on 06/08/2025
» Thailand has attracted some 550 billion baht in foreign direct investment over the past two years, with 31 leading international companies establishing or expanding operations in the country and creating more than 53,000 jobs, Acting Prime Minister Phumtham Wechayachai said on Wednesday.
Bombed PTT station to get compensation
Business, Yuthana Praiwan, Published on 05/08/2025
» Insurance companies cannot cite war as a reason for refusing to pay compensation to the owner of a PTT petrol station in Si Sa Ket, which was struck by a Cambodian rocket late last month, says the Office of Insurance Commission (OIC).
RATCH Secures THB 5bn Green Loan from Krungsri
Published on 04/08/2025
» RATCH Group Public Company Limited (RATCH) has successfully secured a 5,000-million-baht Green and Sustainability Loan from Bank of Ayudhya Public Company Limited (Krungsri). This financing aligns with RATCH’s Green Financing Framework for eligible projects. The company has consistently demonstrated a strong commitment to sustainable business practices and reaffirmed its goal to achieve carbon neutrality by 2050, in line with Thailand’s greenhouse gas reduction targets.
Thai Airways' share price takes off after trading resumes
Reuters, Published on 04/08/2025
» Thai Airways International's stock price (THAI) surged as much as 231% after shares in the airline resumed trading on Monday, before falling back later in the morning.
Transformation is not a project. It’s a power shift
Published on 03/08/2025
» In boardrooms across Asia, “transformation” is the buzzword of the decade. Every company is launching a new initiative. Digital. Cultural. AI-powered. But here’s the uncomfortable truth:
Tariff deal shows Thais ready for ‘new world order’
Published on 01/08/2025
» Economic and trade analysts have warned of a sluggish economy later this year as the impact of the 19% tariff rate imposed on Thailand by the United States takes hold.