Showing 1 - 10 of 165
DTP Invests in Thailand and Abroad for DTGO
Published on 23/05/2024
» 23 May 2024, Bangkok – DTGO Prosperous Limited (DTP), an investment and financial management company within DTGO, is continuing its international capital investment, expanding its investment base around the world with a focus on high-quality real estate that is already in operation and ready to generate steady income.
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.
Platinum Invites You to Show “Fresh Idea” with “Fresh Fashion”
Published on 13/05/2024
» Mrs. Suthita Bhirombhakdi, Executive Vice President of The Platinum Group Public Company Limited, stated that, as ASEAN’s leading fashion shopping centre for wholesale and retail, Platinum Fashion Mall offers fashion products that are always fresh and up to date, winning the hearts of both Thai and foreign customers for a long time. At the end of 2023, the “Platinum PROUD” campaign was launched to celebrate the 18th anniversary, emphasising the brand refresh under the concept of “Platinum Bringing Fresh Fashion to You” through viral videos on social media channels. The campaign has received positive feedback, with many influencers, KOLs, and shoppers showing interest in using the service, creating looks, and sharing their fun shopping experiences.
FPT Reports Strong H1 Performance with THB 6.5 Billion Revenue
Published on 09/05/2024
» Frasers Property (Thailand) Public Company Limited, or “FPT,” Thailand's first integrated real estate leader, disclosed its first half of FY2024 performance (October 2023 – March 2024), reporting total revenue of THB 6,591 million and net profit of THB 487 million. For 2QFY2024 performance (January – March 2024), the company generated total revenue of THB 3,524 million and net profit of THB 165 million. Despite macroeconomic challenges, the residential business continues to progress as planned, with four new projects set to launch in the second half of the year, alongside an adjustment in strategic plans. The industrial and commercial portfolio showed continuous revenue growth with occupancy rates reaching 86% and 92%, respectively.
Cops up ante on foreign criminals
Published on 17/04/2024
» Authorities are ramping up their crackdown on foreign criminals who arrive in the guise of tourists and use Thailand as their base for committing crimes.
Thailand 'ready' for Songkran festivities
Panumate Tanraksa, Published on 07/04/2024
» This year's three-week-long Songkran festival with festivities to take place across the country is expected to give tourism a much-needed boost as it is expected to bring in tens of billions of baht in tourism income.
Phuket expects a busy Songkran
Achadthaya Chuenniran, Published on 20/03/2024
» PHUKET: The resort island is anticipated to receive about 264,350 visitors during the Songkran holiday this year, generating at least seven billion baht in revenue, according to the Tourism Authority of Thailand's (TAT) forecast.
Siam Patumwan House Wins Platinum WiredScore
Published on 20/03/2024
» Siam Patumwan House proudly announces the prestigious Platinum WiredScore certification, reaffirming its commitment to delivering unparalleled IT infrastructure and connectivity for its tenants.
Kronos Office Building Wins 'Best Luxury Office' Award
Published on 13/02/2024
» Kronos Office Building, an ultra-luxury office building in Bangkok's primary business hub of Sathorn, has clinched the ‘Best Luxury Office Development’ title at the ‘Dot Property Southeast Asia Awards 2023’. This regional accolade underscores its exceptional world-class standards. With a valuation exceeding 4 billion baht, Kronos Office Building underlines the unwavering demand for Grade A office buildings offering office and retail spaces. As the trend of returning to in-office work gains momentum, the project has unveiled strategies to expand its tenant base and aims to achieve a 70% tenancy rate by 2024. This success is attributed to its strategic location, cutting-edge technology, and lifestyle-focused facilities.
MINT's Strong 2023 Growth, Positive 2024 Forecast Thanks to Tourism Stimulus
Published on 23/01/2024
» Hospitality giant Minor International (MINT) boasted robust 2023 performance and forecast a rosy outlook for this year, thanks in part to the Srettha Thavisin administration’s tourism stimulus measures, particularly the permanent extension of visa exemption for Chinese travelers to Thailand.