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Search Result for “economic sanctions”

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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%.

WORLD

Ukraine war talks to resume in Geneva as US signals progress

AFP, Published on 18/02/2026

» GENEVA — Ukrainian and Russian negotiators were to resume a second round of peace talks in Geneva on Wednesday, as Washington's top envoy signalled optimism in its bid to end Europe's deadliest conflict since World War II.

BUSINESS

Thai industrial sentiment rises in January

Reuters, Published on 18/02/2026

» ⁠Thailand's industrial sentiment ​index rose in ​January due ‌to government measures and tourism, the Federation of Thai Industries reported on ​Wednesday.

BUSINESS

Call for new stimulus for EV sales

Lamonphet Apisitniran, Published on 18/02/2026

» Thailand's automotive industry is urging the government to introduce new, non-monetary measures to stimulate demand for electric vehicles (EVs), including battery EVs (BEVs) and plug-in hybrid EVs (PHEVs).

BUSINESS

Thais urged to go global amid volatile markets

Business, Nuntawun Polkuamdee, Published on 18/02/2026

» Global markets will remain volatile as shifting US economic policies, an evolving interest rate cycle, an uneven global recovery, and persistent geopolitical risks normalise market swings, warns Maybank Securities (Thailand).

BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

BUSINESS

CP Group touts tech strategy

Business, Srisamorn Phoosuphanusorn, Published on 18/02/2026

» Charoen Pokphand Group is accelerating its move towards technology-driven operating models, a shift that could help the firm deal with an evolving business landscape.

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.

BUSINESS

Commerce minister calls for more agreements

Business, Kuakul Mornkum, Published on 18/02/2026

» Thailand must strengthen its trading position by promoting mutual benefits and pursuing free-trade agreements (FTAs), says Commerce Minister Suphajee Suthumpun.

BUSINESS

Excise Department set to hit B578bn goal

Business, Wichit Chantanusornsiri, Published on 18/02/2026

» The Excise Department expects its revenue collection for this year to meet its target of 578 billion baht, after revenue collection during the first four months of fiscal 2026 exceeded the target by nearly 5%.