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Search Result for “dollar trust fund”

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THAILAND

ITC’s 2025 sales grew to THB 18.2 billion, with THB 3.4 billion in adjusted net profit

Published on 18/02/2026

» Bangkok – 18 February 2026 – i-Tail Corporation PCL (ITC), a global leader in the pet food industry, reported strong full-year 2025 results, with full-year sales in U.S. dollar terms growing by 9.2% year-on-year to USD 554 million, while sales in Thai baht increased to THB 18.2 billion, up 2.8% year-on-year. Adjusted net profit stood at THB 3.4 billion (excluding transformation costs), demonstrating disciplined execution and sustained demand across key markets despite a challenging global economic environment. The board approved a full-year dividend of THB 0.85 per share, representing a payout ratio of 85.6%.

THAILAND

Democrats put election probe ahead of coalition talks

Online Reporters, Published on 18/02/2026

» The Democrat Party has made scrutiny of alleged election irregularities its top priority, saying that whether the Bhumjaithai Party will approach it to join a new coalition government is of lesser importance.

BUSINESS

Gold prices sag as Chinese New Year starts

Business, Published on 18/02/2026

» Gold prices typically rise during Lunar New Year as demand for the precious metal strengthens during this auspicious season.

THAILAND

Japan backs drive against Mekong scammer gangs

News, Poramet Tangsathaporn, Published on 18/02/2026

» Japan has pledged 516 million yen (124 million baht) to the United Nations Office on Drugs and Crime (UNODC) to strengthen cross-border cooperation against transnational organised crime in the Mekong region.

WORLD

Canada launches huge defence plan to curb reliance on US

AFP, Published on 18/02/2026

» MONTREAL - Prime Minister Mark Carney on Tuesday launched a multi-billion dollar plan to strengthen the Canadian military and rely less on the United States.

THAILAND

Daimler Truck Appoints CIBB as Official Distributor for Thailand’s Mercedes-Benz Trucks & Buses

Published on 17/02/2026

» Bangkok, Thailand - Daimler Truck, a global leader in commercial vehicles, has announced the appointment of Chance Inter Business Body Builder Co., Ltd. (CIBB) as the official general distributor of Mercedes-Benz trucks and buses in Thailand. The move is part of a major organizational restructuring designed to clearly separate the management of the Mercedes-Benz and FUSO brands, enhancing operational agility and supporting long-term growth in Thailand’s logistics and transportation sectors.

WORLD

France's Macron eyes fighter jet deal in India

AFP, Published on 17/02/2026

» MUMBAI — French President Emmanuel Macron will meet Indian Prime Minister Narendra Modi in Mumbai on Tuesday, as he begins a three-day visit to India focused on artificial intelligence (AI) cooperation and a potential multibillion dollar fighter jet deal.

SPORTS

Japan hails ‘new chapter’ with first Olympic pairs skating gold

AFP, Published on 17/02/2026

» Japan hailed a “new chapter” in the country’s figure skating on Tuesday after Riku Miura and Ryuichi Kihara pulled off a stunning comeback to claim pairs gold at the Milan-Cortina Olympics.

BUSINESS

Gold slides below $5,000 as Lunar New Year holiday mutes trade

Bloomberg News, Published on 17/02/2026

» LONDON — Gold slipped further below US$5,000 an ounce in thin trading, with much of Asia closed for the Lunar New Year and after a US holiday on Monday.

BUSINESS

NCB frets over potential uptick in informal debt

Business, Somruedi Banchongduang, Published on 17/02/2026

» The National Credit Bureau (NCB) has expressed concern about a potential rise in informal debt amid subdued loan growth in the banking sector and an easing household debt-to-GDP ratio.