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Search Result for “expansion”

Showing 1 - 10 of 16,918

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THAILAND

Expensive parliament projects draw flak

Aekarach Sattaburuth, Published on 10/05/2025

» Amid growing concerns about public spending and transparency, five key renovation projects within the parliament complex drew scrutiny during a House committee session on Thursday.

GENERAL

SET rebounding after a bumpy April

Business, Published on 10/05/2025

» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.

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THAILAND

AIT, Zhen Ding Partner to Advance Tech Innovation 

Published on 09/05/2025

» The Asian Institute of Technology (AIT) has signed a strategic Memorandum of Understanding (MOU) with Zhen Ding Technology Group (ZDT), Taiwan, a global leader in the printed circuit board (PCB) industry. This partnership marks a new chapter in international industry-academia collaboration aimed at addressing the growing global demand for tech talent and technological advancement. 

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THAILAND

Coca-Cola Appoints Reetima Rakyan to Lead Indochina 

Published on 09/05/2025

» Bangkok, 9 May 2025 – Coca-Cola (Thailand) Ltd. has announced the appointment of Reetima Rakyan as Vice President and General Manager for Thailand, Laos, Vietnam, and Cambodia. In this role, she will lead the company’s strategic agenda across the four countries, with a focus on strengthening Coca-Cola's position as a total beverage company. 

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THAILAND

CPAXT Posts Strong Q1 Growth, Leads E-Grocery 

Published on 09/05/2025

» Bangkok, 8 May 2025 — CP AXTRA Public Company Limited (“the Company” or “CPAXT”), operator of leading wholesale and retail brands Makro and Lotus’s, announced robust Q1/2025 results, posting total revenue of Baht 129.95 billion. Adjusted net profit rose 10.3% year-on-year, driven by continued strong performance across both wholesale and retail segments. 

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GENERAL

Modest export growth or contraction likely

Business, Somruedi Banchongduang, Published on 09/05/2025

» Thai exports are expected to post marginal growth or contract this year and next, largely due to the anticipated US tariff hikes set to commence in the second half of 2025.

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GENERAL

Thailand mulls raft of stimulus measures

Business, Wichit Chantanusornsiri, Published on 09/05/2025

» The new economic stimulus measures currently under review cover exports, tourism, tax base expansion and agricultural development, as well as soft loans to mitigate the impacts of a stagnant economy, says Finance Minister Pichai Chunhavajira.

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GENERAL

Pushback on VAT scheme for Thai SMEs

Business, Published on 09/05/2025

» Even though Finance Minister Pichai Chunhavajira has decided not to impose the value-added tax (VAT) on businesses earning less than 1.8 million baht annually to increase state revenue and reduce the budget deficit, the business community and especially small and medium-sized enterprises (SMEs) are concerned that any expansion of VAT would exacerbate their struggles.

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GENERAL

Her Hyness eyes international prospects

Business, Kuakul Mornkum, Published on 09/05/2025

» Her Hyness, a Thai beauty brand, has revealed its business strategies, which include diversifying distribution channels and looking to the global market for expansion.

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GENERAL

UHG to sink B1.5bn into hotel expansion

Business, Kanana Katharangsiporn, Published on 09/05/2025

» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.