Showing 1 - 10 of 34
EXIM Thailand Launches First THB Blue Bond
Published on 26/07/2024
» Dr. Paopoom Rojanasakul, Deputy Minister of Finance, congratulated Mr. Bundit Sapianchai, Chairman of the Board of Executive Directors, Export-Import Bank of Thailand (EXIM Thailand); Dr. Warotai Kosolpisitkul, Chairman of EXIM Thailand’s Risk Oversight Committee; and Dr. Rak Vorrakitpokatorn, EXIM Thailand’s President; along with Mr. Kenichi Yamato, President and Chief Executive Officer of Bank of Ayudhya Public Company Limited (BAY); Ms. Paphakorn Ratanasate, Senior Executive Vice President, Investment and Financial Management Group, Government Savings Bank (GSB); Mr. Kosintr Puongsophol, Financial Sector Specialist, Economic Research and Regional Cooperation Department, Asian Development Bank (ADB); and representatives of investors and customers of EXIM Thailand at a press conference to announce the notable success of EXIM Thailand’s issue and offering of a Blue Bond, with BAY and GSB as lead underwriters at EXIM Thailand’s Head Office on July 26, 2024.
Forvis Mazars Offers Solutions for Employee Retention in Thailand
Published on 17/07/2024
» As the employee retention crisis continues to challenge hiring managers in Thailand, Forvis Mazars – a leading international audit, tax, and advisory firm with an office in Thailand, proposes a comprehensive approach to address this pressing issue. With low unemployment rates, increasing voluntary attrition rates, and a shrinking labour workforce, finding and retaining employees has become more difficult than ever.
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.
Anutin Pushes for Phuket Water Pipeline Project
Published on 10/05/2024
» The Ministry of Interior, led by Deputy Prime Minister Anutin Charnvirakul, along with Deputy Minister Chada Thaised and Pornpoth Penpas, Director General of the Provincial Waterworks Authority (PWA), conducted a site survey to monitor drought resolution efforts at the PWA Phuket Branch. The PWA was instructed to expedite the water pipeline project in Phuket to ensure water security for consumption in the tourist towns on the Andaman coast, focusing on the Bang Niao Dam Reservoir. Additionally, a low-pressure raw water pumping plant at Klong Je Ta, Sri Sunthon Subdistrict, Thalang District, Phuket Province, was built on 9 May 2024.
IRPC Profits Soar, Targets Euro 5 Diesel Sales
Published on 08/05/2024
» IRPC Public Company Limited has reported a first-quarter profit of 1,545 million baht, attributed to an increased market share of specialty products in line with its strategic plan. For the second quarter of 2024, the company aims to aggressively sell Euro 5 diesel to meet rising domestic demand.
ASEAN, Thailand Win in Global Trade Shifts
Published on 11/04/2024
» Southeast Asia stands to benefit from slowing trade between China and the West and geopolitical tensions are favourable for Asean which is emerging as an important alternative to China in trade and investment.
IRPC Unveils Diversification Plan, Aims for Net Zero Emissions
Published on 13/12/2023
» "IRPC unveils a strategic plan to diversify and enhance its core businesses, including oil, petrochemicals, ports, and real estate, through innovation and specialised products with high growth potential. The company aims to expand its portfolio by venturing into new investments, focusing on the hospital and health & wellness accommodation sectors, as well as paint & coating industries, while increasing its share in clean energy. Internally, IRPC is committed to robust measures and aims to achieve Net Zero greenhouse gas emissions by 2060.
Knowledge as a Catalyst: Strengthening Financial Resilience for Employee Well-being
Published on 18/08/2023
» By: Jarumanee Nakasiri, Founding Member & CSGO, Mula-X
Major Development Redefines Living: Pets as Family in Residences
Published on 10/08/2023
» Major Development PCL, the esteemed developer known for its high-end and Pet-Family Residences, creates a turning point in Thailand’s real estate industry by creating new standards for residential development under the Major Petscape concept for the living and lifestyle of humans and their pets.