Showing 1 - 10 of 1,255
Eveandboy sees cosmetics sales upswing
Business, Kuakul Mornkum, Published on 29/05/2024
» Eveandboy, a Thai cosmetics and perfume retailer, says the domestic beauty market looks promising as shoppers become more sophisticated about their appearance amid a stagnant economy.
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.
The space between death and rebirth
Guru, Nianne-Lynn Hendricks, Published on 11/05/2024
» Renowned Bhutanese filmmaker Khyentse Norbu, celebrated for his seminal works such as "The Cup" and "Travellers And Magicians”, will release his latest cinematic masterpiece, "Pig At The Crossing”, crafted in collaboration with a cadre of young Bhutanese filmmakers.
The rise of AI in political warfare
News, Published on 07/05/2024
» This year promises to be a whopper for elective government, with billions of people -- or more than 40% of the world's population -- able to vote in an election. But nearly five months into 2024, some government officials are quietly wondering why the looming risk of AI hasn't, apparently, played out. Even as voters in Indonesia and Pakistan have gone to the polls, they are seeing little evidence of viral deepfakes skewing an electoral outcome, according to a recent article in Politico, which cited "national security officials, tech company executives and outside watchdog groups". AI, they said, wasn't having the "mass impact" that they expected. That is a painfully shortsighted view. The reason? AI may be disrupting elections right now, and we just don't know it.
Huawei and Partners Drive Thailand's Digital Growth
Published on 02/05/2024
» Huawei Technologies (Thailand) Co., Ltd. today hosted its annual "Thailand Partners Summit 2024" event under the theme "Joining Hands for a Shared Era," emphasising partner confidence for collaboration and cooperation in Thailand. A new sub-brand, the HUAWEI eKit, and its accompanying strategy were also announced during the event, focusing on reinforcing industry strength, building partner motivation, and accelerating industrial intelligence by leveraging advanced organisational technologies to serve markets at all levels.
Prudential posts 11% rise in premiums in 2023
Business, Nuntawun Polkuamdee, Published on 09/04/2024
» Prudential Life Assurance (Thailand) reported total insurance premiums of 34.7 billion baht last year, an increase of 11% from 31.3 billion in 2022, ranking seventh among Thai life insurers.
Save children from toy pods
Oped, Editorial, Published on 06/04/2024
» The news about "toy pods" -- a new type of e-cigarette that is proving popular among young students -- might be quite shocking for parents. The lukewarm reaction from the government is more shocking still.
MEA Transforms Asok Montri with Underground Cables
Published on 05/04/2024
» The Metropolitan Electricity Authority (MEA), led by Thitivut Ngernklay, Deputy Governor (Operation Transmission), in partnership with Assoc. Prof. Dr. Wisanu Subsompon, Deputy Governor of the Bangkok Metropolitan Authority (BMA); Assoc. Prof. Somphop Purivigraipong, Commissioner of the Office of The National Broadcasting and Telecommunications Commission (NBTC); Rachan Pensiri, Advisor to the Executive Committee of The Telecommunications Association of Thailand; representatives of the Office of Public Sector Anti-Corruption Commission (PACC); telecommunication enterprises; and related networks have agreed to collaborate in removing communication cables along Asok Montri Road, from Petchburi intersection to Sukhumvit intersection, spanning 2.4 kilometres, following the completion of underground conduits construction.
Chubb Samaggi Launches Chubb Smart Drive Type 1 comprehensive car insurance
Published on 03/04/2024
» Bangkok, 1 April 2024 – Chubb Samaggi Insurance Public Company Limited recently launched Chubb Smart Drive Type 1 comprehensive car insurance. Insurance brokers and agents attended the "Chubb Smart Drive: Accelerate to Success" event hosted by Mr. Andrew Nisbet, Country President of Chubb Samaggi Insurance PLC (3rd from left), and Ms. Nungruthai Rittha-aphinan, Chief Independent Distribution Partners Officer (2nd from left), and Ms. Penpitcha Junjuea, Head of Personal Lines (4th from left), and Ms. Valee Soontarawong, Head of Claims (1st from left). The event was held at Chatrium Grand Hotel Bangkok.