Showing 1 - 10 of 2,704
Pundits warn of earnings downturn amid trade war
Business, Nuntawun Polkuamdee, Published on 28/04/2025
» The first-quarter net profits of listed Thai companies are projected to decline 13% year-on-year, but grow 16% quarter-on-quarter, according to analysts who warn an earnings downgrade is on the horizon given the trade war.
Coping with a sluggish outlook
Business, Post Reporters, Published on 28/04/2025
» As several countries seek trade negotiations with the US during the 90-day pause on tariffs, Thailand's slow progress has sparked concerns over potential economic repercussions.
Domestic tourism subsidy faces delay
Narumon Kasemsuk, Published on 25/04/2025
» The Ministry of Tourism and Sports has assured hotel operators that the government will not cancel the 3.5-billion-baht subsidy scheme for domestic tourists during the low season, though the project will be delayed a month.
MAHLE Boosts Profitability Amid Market Headwinds
Published on 23/04/2025
» The automotive supplier MAHLE closed the 2024 financial year with a positive consolidated net result, despite challenging market conditions. Operating profit (EBIT) increased from €304 million to €423 million, raising the EBIT margin to 3.6 percent. However, sales fell 5.6 percent organically to €11.7 billion, largely due to weak markets in Europe and North America and sluggish EV demand outside China.
Property investment cut amid weak demand
Business, Kanana Katharangsiporn, Published on 23/04/2025
» Residential developers in three eastern provinces slowed new investments last year in response to weak demand, driven by high mortgage rejection rates among local homebuyers.
The jazzman of Bangkok
Life, John Clewley, Published on 22/04/2025
» The Bamboo Bar at the famous Oriental Hotel was set up in 1953 during a period when the hotel had several owners, including pioneering photographer and social activist Germaine Krull, and the art collector and silk king Jim Thompson. It quickly became one of the Bangkok's top nightclubs, known for its live jazz sessions.
'We really need to talk'
Business, Post Reporters, Published on 21/04/2025
» With trade tensions exacerbated by the US's reciprocal tariffs, key business sectors are calling on the Thai government to prioritise negotiations with Washington during the 90-day pause, as the nation is expected to be one of the hardest hit from the tariff rate of 36%, which is significantly higher than the regional and global average.
Creating a stir in instant coffee
Business, Kuakul Mornkum, Published on 19/04/2025
» The ongoing legal battle between Nestlé, the Swiss multinational food and drink processing conglomerate, and the Mahagitsiri family -- widely dubbed the "Nescafé godfather" by Thai media -- is causing a stir in Thailand's instant coffee market.
Trump's tariff exemptions give markets relief, but tensions loom
AFP, Published on 14/04/2025
» WASHINGTON - US tariffs exemptions for electronics prompted market rallies Monday from Asia to Wall Street but failed to settle nerves over a global trade war that Chinese leader Xi Jinping warned would have "no winner."
Experts urge caution in tariff talks
Published on 14/04/2025
» The government to proceed cautiously rather than rushing into retaliation against the United States' reciprocal tariff measures, experts say.