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Search Result for “depreciation”

Showing 1 - 10 of 1,772

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GENERAL

PTT to slash costs amid US tariff burden

Business, Yuthana Praiwan, Published on 22/05/2025

» National oil and gas conglomerate PTT Plc plans to cope with US tariffs and a dip in global oil prices by reducing expenses and increasing operational efficiency to boost profits.

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GENERAL

Dusit International says internal conflict not affecting operations

Molpasorn Shoowong, Published on 16/05/2025

» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market. 

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GENERAL

BGRIM posts 51.6% increase in net profit for first quarter

Business, Published on 16/05/2025

» B.Grimm Power Plc (BGRIM) reported a 51.6% increase in net profit for the first quarter this year, while advancing industrial user expansion and nearing commercial operation dates for its renewable energy projects.

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GENERAL

PTTEP sees healthy growth for next 10 years

Business, Yuthana Praiwan, Published on 15/05/2025

» SET-listed PTT Exploration and Production (PTTEP), the oil drilling arm of PTT Plc, expects its business to continue growing over the next decade, despite a drop in global crude oil prices.

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GENERAL

New True chief vows to pay firm's 1st dividend in 25 years

Business, Komsan Tortermvasana, Published on 14/05/2025

» The newly appointed group chief executive of True Corporation has outlined his mission for the first 100 days, writing a new chapter for the telecom company by continuing its profitability, driving operations of trusted services, and strengthening data centre development.

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GENERAL

Baht poised to weaken further

Business, Somruedi Banchongduang, Published on 14/05/2025

» The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer greenback following the temporary pause in the US-China tariff war.

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THAILAND

IRPC Forms Crisis Unit, Eyes ASEAN Growth 

Published on 12/05/2025

» To navigate mounting global economic and trade uncertainties, IRPC Public Company Limited has launched a dedicated Crisis War Room aimed at enabling swift, real-time responses to market volatility. The initiative, announced on 9 May 2025 by President and CEO Mr Terdkiat Prommool, is part of a broader strategy to strengthen the company’s long-term investment position. At the same time, IRPC is reinforcing its core operations through improved production efficiency, cost reduction, and sound financial risk management. These efforts are anchored in two strategic pillars: 1. Core Up Lift and 2. Step Up & Beyond. 

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GENERAL

AWC calls for action on tourism

Business, Molpasorn Shoowong, Published on 12/05/2025

» SET-listed Asset World Corp (AWC) has urged the government to swiftly restore tourism confidence and promote new attractions to lure high-spending visitors.

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GENERAL

Thai Wah focuses on top sellers in 2030 growth plan

Business, Kuakul Mornkum, Published on 12/05/2025

» Thai Wah Group has unveiled its 2030 strategy, with a focus on expanding its food business unit.

OPINION

Dollar confusion reigns amid uncertainty

News, Published on 10/05/2025

» Currency markets that only a few months ago assumed a trade war would lift the US dollar now suspect that a full-scale devaluation may be underway, suggesting few market players have a clear handle yet on the US administration's dollar plans.