Showing 1 - 10 of 448
Phuket hotels go green in hunt for gold
Business, Molpasorn Shoowong, Published on 21/07/2025
» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".
SET faces pressure from tariff developments
Business, Published on 17/06/2025
» The Stock Exchange of Thailand performed well in early May after the Bank of Thailand cut its benchmark interest rate by another quarter-point in late April to 1.75%, the second reduction this year. First-quarter results that exceeded market expectations also helped sentiment.
Why China's auto, tech giants threaten Tesla’s self-driving future
Published on 10/06/2025
» AUSTIN — Chinese electric-vehicle makers led by BYD (Build Your Dreams) beat Tesla in the competition to produce affordable electric vehicles (EVs). Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.
Airlines on edge
Business, Molpasorn Shoowong, Published on 06/06/2025
» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).
IRPC Forms Crisis Unit, Eyes ASEAN Growth
Published on 12/05/2025
» To navigate mounting global economic and trade uncertainties, IRPC Public Company Limited has launched a dedicated Crisis War Room aimed at enabling swift, real-time responses to market volatility. The initiative, announced on 9 May 2025 by President and CEO Mr Terdkiat Prommool, is part of a broader strategy to strengthen the company’s long-term investment position. At the same time, IRPC is reinforcing its core operations through improved production efficiency, cost reduction, and sound financial risk management. These efforts are anchored in two strategic pillars: 1. Core Up Lift and 2. Step Up & Beyond.
CP Axtra Q1 revenue hits B130bn
Business, Published on 12/05/2025
» CP Axtra Plc, the operator of leading wholesale and retail brands Makro and Lotus's, reported total revenue of 130 billion baht in the first quarter this year.
Thai Union Q1 GPM Hits Record Amid Headwinds
Published on 09/05/2025
» BANGKOK – May 9, 2025 – Thai Union Group PCL reported first-quarter sales of THB 29.8 billion, down 10.3% year-on-year, due to a 6.9% decline in organic sales growth and a 3.4% unfavourable foreign exchange impact. Despite softer demand in Ambient, Frozen, and Value-added categories and the impact of a stronger Thai baht, the Group posted a record-high Q1 gross profit margin (GPM) of 18.8%.
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.
Thai Union Feedmill targets B10bn revenue by 2030
Business, Phusadee Arunmas, Published on 26/03/2025
» Thai Union Feedmill Plc (TFM), a manufacturer and distributor of animal feed, aims to reach revenue of 10 billion baht by 2030 with a compound annual growth rate of 11%.
Net profits of Thai listed firms decline 3.7%
Business, Published on 14/03/2025
» Listed Thai companies posted a 3.7% drop in net profit last year, weighed down by a 31.7% decrease in earnings among oil and petrochemical firms, while tourism, consumption and service companies sustained growth, according to the Stock Exchange of Thailand (SET).