Showing 1 - 10 of 2,405
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.
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%.
SC retains targets amid struggling market
Business, Kanana Katharangsiporn, Published on 08/05/2025
» SET-listed developer SC Asset Corporation is maintaining its 2025 targets for presales, revenue and new project launches, as large players are expected to capture market share amid unfavourable market sentiment.
Rubber tree title deed plan to help farmers get loans
News, Apinya Wipatayotin, Published on 07/05/2025
» The Ministry of Agriculture and Cooperatives will officially launch a rubber tree title deed initiative next week so that farmers who have legally cultivated rubber trees on their land can use them as collateral for loans from the Bank for Agriculture and Agricultural Cooperatives (BAAC).
KTC opts to take cautious approach amid obstacles
Business, Somruedi Banchongduang, Published on 06/05/2025
» Krungthai Card (KTC), a leading credit card provider under Krungthai Bank (KTB), anticipates increasing challenges in its personal loan business for the remainder of the year amid economic headwinds.
Thanasiri retains revenue growth target
Business, Kanana Katharangsiporn, Published on 30/04/2025
» MAI-listed developer Thanasiri Group has maintained its 15% revenue growth target this year, supported by the launch of a new upper-end low-rise housing project that is expected to capitalise on strong demand and high purchasing power in this segment.
US tariffs to keep Thai housing in doldrums
Business, Kanana Katharangsiporn, Published on 29/04/2025
» Despite the reduction in transfer and mortgage fees and the easing of loan-to-value (LTV) limits, the housing market will continue to slow as consumers hold back spending amid economic uncertainties caused by US tariffs.
Finance Ministry mulls soft loans for global trade
Business, Wichit Chantanusornsiri, Published on 24/04/2025
» The Finance Ministry is preparing to discuss soft loan measures with the Bank of Thailand to help exporters and importers affected by US President Donald Trump's tariff policies.
Call for free insurance to restore condo confidence
Business, Kanana Katharangsiporn, Published on 24/04/2025
» Condo developers should offer free insurance for unsold inventory or units scheduled for transfer to restore buyer confidence and lift revenue, as the earthquake last month shook consumer trust, according to property analysts.
Can Thailand survive Trade War 2.0?
Oped, Published on 23/04/2025
» As the trade war is now being waged globally, Thailand needs to cope with the emerging impacts while trying to minimise the risks and grasp the arising opportunities. It is therefore important to understand both the upcoming headwinds and tailwinds for the Thai economy and businesses in Thailand.