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Search Result for “strength”

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THAILAND

Bosch maintained double-digit growth in Thailand

Published on 28/05/2024

» Impactful innovation with a strong commitment to driving sustainability

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THAILAND

AP Thailand Expands APITOWN Brand Nationwide

Published on 23/05/2024

» AP Thailand, with its promise of "Cheevit Dee Dee Tee Lueak Eng Dai," reinforces its leadership in Thailand’s residential property industry, backed by 33 years of experience and customer trust. Building on the strength of the APITOWN brand, celebrated for its ability to elevate life, the company is embarking on a significant investment of Bht 13,530 million in 15 new and move-in ready projects. Marking the 5th anniversary of APITOWN, the firm launches the ‘APITOWN All Over Thailand’ campaign in collaboration with Chef Kapom, showcasing a profound understanding of Thai family life through thoughtfully designed homes.

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THAILAND

Eversense Launches New Roll Ons and Perfume Mists

Published on 17/05/2024

» What makes us women happy is having confidence and feeling good about ourselves. Eversense, a market leader in products for young women, has enhanced its appeal with its distinct scents under Neo Corporate Public Company Limited, Thailand’s leading consumer goods company committed to developing products that give women the self-confidence they need to shine in their own unique way.

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THAILAND

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.

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THAILAND

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.

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THAILAND

Medlab Asia 2024 Boosts ASEAN Medical Industry Growth

Published on 10/05/2024

» Informa Markets is gearing up to highlight the industry capabilities of medical services and advancements in medical laboratory technology, medical devices, and equipment for service provision within the healthcare system across the region at Medlab Asia and Asia Health 2024. Scheduled for July 10-12, 2024, at the Queen Sirikit National Convention Center, the event marks a significant move to a new venue in the heart of Bangkok, Thailand. The event is committed to driving economic growth for Thailand’s medical device industry, reinforcing its potential, and enhancing Thailand's position as a Medical Hub in the ASEAN region.

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THAILAND

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.

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THAILAND

Siam Piwat: Elevating Thailand’s Global Destination Status

Published on 07/05/2024

» Siam Piwat – a leading real estate and retail developer, the owner and operator of world-renowned destinations such as Siam Paragon, Siam Center, and Siam Discovery, and a joint venture partner of ICONSIAM and Siam Premium Outlets Bangkok – is delivering extraordinary, unprecedented experiences to further solidify its position as Thailand’s No.1 global destination developer. ICONSIAM, a world-class landmark along the Chao Phraya River, was recently named one of the Best Shopping Malls in Asia by Retail in Asia, a leading retail business media in Asia. Meanwhile, ICONSIAM and Siam Paragon have been ranked by Cleverthai.com, a lifestyle media outlet from Malaysia, among the top five best shopping malls in Bangkok.

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THAILAND

Huawei and Partners Drive Thailand's Digital Growth

Published on 02/05/2024

» Huawei Technologies (Thailand) Co., Ltd. today hosted its annual "Thailand Partners Summit 2024" event under the theme "Joining Hands for a Shared Era," emphasising partner confidence for collaboration and cooperation in Thailand. A new sub-brand, the HUAWEI eKit, and its accompanying strategy were also announced during the event, focusing on reinforcing industry strength, building partner motivation, and accelerating industrial intelligence by leveraging advanced organisational technologies to serve markets at all levels.

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THAILAND

TIDLOR Restructures, Launches InsurTech Platform for Growth

Published on 02/05/2024

» Piyasak Ukritnukun, Managing Director of Ngern Tid Lor Public Company Limited (TIDLOR), announced that at the company’s Board of Directors meeting on April 30, 2024, it was resolved to propose to the shareholders’ meeting the consideration and approval of the Company’s shareholding and management restructuring plan by establishing a holding company named Tidlor Holdings Public Company Limited (Tidlor Holdings). The objective is to enhance operational flexibility in both the lending and insurance brokerage businesses, increase competitive advantages, and expand opportunities into related businesses. Additionally, it will create more opportunities for strategic partnerships through mergers or joint investments, significantly bolstering the strength of the group. This restructuring will also enable more efficient management and risk limitation across different business units. Moreover, the company plans to establish a new company (NewCo) under Tidlor Holdings to improve flexibility in strategy formulation, management, and operations related to non-life InsurTech insurance brokerage business (InsurTech Platform). This restructuring plan represents a strategic realignment to facilitate long-term growth.