Showing 1 - 10 of 10,588
FPO urges beefing up service sector
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Thailand needs to increase revenue from the service sector to bolster economic growth, according to an economist.
Flight crews urge buckling up after fatal turbulence
Reuters, Published on 22/05/2024
» CHICAGO - Buckle up. That is the message from flight attendants and pilots following the severe turbulence encountered by a Singapore Airlines flight on Tuesday that resulted in the death of one passenger and injured dozens of others.
Thai Companies Slow to Adopt AI Technologies
Published on 21/05/2024
» Although Thailand ranked nearly top among 21 nations surveyed recently where 'excitement' about artificial intelligence (AI) was rife, the adoption of this game-changing technology, especially by companies in the country, is quite lacklustre. A recent study by the Boston Consulting Group (BCG) has found that consumers in emerging markets, including Thailand, are generally among those who are particularly open to and excited about AI, particularly Generative AI (GenAI), indicating a higher likelihood of consumers adopting AI more in their daily lives.
Decarbonisation needs joint effort
Oped, Published on 21/05/2024
» As countries around the world experienced record temperatures last year, United Nations Secretary-General António Guterres declared, "We must turn a year of burning heat into a year of burning ambition." But to move away from fossil fuels and unlock the green transition's economic benefits, such as job creation and universal access to clean energy, industry leaders and policymakers must work together to translate the commitments made at the UN Climate Change Conference in Dubai (COP28) into actual renewable gigawatts.
SCB launches AI banking service
Business, Somruedi Banchongduang, Published on 18/05/2024
» Siam Commercial Bank (SCB) has introduced banking services equipped with artificial intelligence (AI), aimed at expanding digital loans while improving control over non-performing loans.
TAI and RX Tradex Host Automotive Summit 2024
Published on 17/05/2024
» Thailand Automotive Institute (TAI) in collaboration with RX Tradex is driving forward to transform the automobile industry in tackling the massive transformation towards innovative automobiles for sustainability, following the emerging growth trend seen by over 100,000 EV registrations in Thailand. Hosting as the exchange stage for new technology learning and automobile updates, the annual “Automotive Summit 2024” will be held during 19-20 June 2024 alongside the “Automotive Manufacturing” forum, part of the “Manufacturing Expo” hosted from 19-22 June 2024 at Bitec.
Dry betel nut traders face new barriers
News, Assawin Pakkawan, Published on 17/05/2024
» Thai betel nut exporters are struggling with tariff barriers from India as well as the impact of the armed conflict between the Myanmar military and rebel forces.
BBL: Regulator to okay 1% credit card fee this year
Business, Published on 17/05/2024
» The Bank of Thailand is expected to authorise credit card issuers charging a new 1% fee for overseas spending within this year, following efforts by businesses to improve understanding among cardholders.
Elevate Hydration with eSpring’s Advanced Water Purifier
Published on 15/05/2024
» Paying attention to small things like drinking water is crucial for maintaining good health. More importantly, it should be clean drinking water and full of beneficial minerals. Therefore, choosing a reliable and efficient water filtration system is an important decision that can profoundly impact your well-being. But what kind of water filtration system should we choose? With a vast array of options available in the market, it can be challenging to determine which water purifier best suits your needs.
MINT Q1 Profits Surge to THB 1,146M
Published on 15/05/2024
» Minor International Public Company Limited (“MINT”) on May 14, 2024, announced its first quarter 2024 financial results, posting a net profit of THB 1,146 million in 1Q24 notwithstanding 1Q being the low season for its most significant contributor, its European hotel business. This profit represented a significant improvement from a THB 976 million loss in 1Q23 and was attributable to stronger performance across all business units as well as favourable foreign exchange movements. At the core level, MINT recorded a core net loss of THB 352 million in 1Q24 (due to aforementioned seasonality of the European hotel business), representing a 46% improvement (less loss) from a core net loss of THB 647 million in 1Q23. MINT’s hotel and restaurant businesses both reported robust financial performance in 1Q24 from continued rising demand, which enabled the Company to implement strategic dynamic pricing, drive increased dine-in traffic and lock in further cost optimisation. Minor Hotels Thailand, Minor Hotels Australia and Minor Food all saw double-digit year-on-year growth. Meanwhile, Minor Hotels Europe and the Americas outperformed expectations by narrowing their y-y quarterly losses.