Showing 1 - 10 of 2,485
CP AXTRA, Ayala Partner to Operate Makro Philippines
Published on 24/09/2025
» CP AXTRA Public Company Limited, Asia’s leading operator of wholesale and retail businesses Makro and Lotus’s, has executed definitive agreements with Ayala Corporation, one of the Philippines’s largest conglomerates with interests in real estate, banking, telecommunications, and renewable energy. The venture will focus on operating Makro stores in the Philippines, offering a modern shopping experience with a wide range of food and non-food products at accessible prices for consumers and small businesses.
Court seizes assets of Maradona's lawyer, sisters in fraud case
AFP, Published on 19/09/2025
» BUENOS AIRES - Argentinian officials seized assets Thursday from two of deceased soccer idol Diego Maradona's sisters, as well as his attorney and three other individuals, alleging fraudulent management of the player's brand, according to a ruling obtained by AFP.
SET survives profit-taking, political risk
Business, Published on 13/09/2025
» The trading pattern in August on the Stock Exchange of Thailand was mixed. After a rally in July pushed the SET index up by 14%, there was some profit-taking.
Thai Credit Guarantee Corporation expands scope of credit services
Business, Wichit Chantanusornsiri, Published on 12/09/2025
» The Thai Credit Guarantee Corporation (TCG) can now offer its guarantees to entrepreneurs seeking loans from non-bank lenders that are not subsidiaries of financial institutions, covering auto leasing loans.
Gulf donates 17m baht to families of fallen soldiers
Published on 06/09/2025
» Gulf Development Public Company Limited, led by Sitamon Ratanavadi, assistant to the deputy CEO, has donated 17 million baht to support the families of 17 soldiers killed in action, with each family receiving on million baht.
Sena Development maintains B10bn annual transfer target
Business, Kanana Katharangsiporn, Published on 26/08/2025
» SET-listed developer Sena Development is maintaining its annual transfer target of 10 billion baht, despite recording only 22% of the target in the first half, as it is still confident in seeing an uptick in transfers in the latter half of the year.
Malaysia flexes rare earth muscle as mineral-hungry US seeks non-Chinese sources
South China Morning Post, Published on 23/08/2025
» KUALA LUMPUR — Malaysia's ban on exports of unprocessed rare earth metals this week signals that the Southeast Asian country has a realistic shot - on its own terms - at feeding the mineral-hungry United States amid its strained trade ties with the world's dominant supplier, China, according to analysts.
TTA Posts Baht 942m Profit in First Half of 2025
Published on 15/08/2025
» Bangkok, August 15, 2025 – Thoresen Thai Agencies (TTA) posted first-half revenues of 14.52 billion baht and net profit of 942.4 million baht, driven by strong Shipping and Other Investments performance. Shipping, Offshore Service, Agrochemical, Food & Beverage, and Other Investments contributed 23%, 53%, 14%, 7%, and 3% of revenue, respectively. Shipping achieved a TCE rate 31% above the market, while Offshore Service maintained a US$688.1 million order book. Other income surged 833% YoY to 1.56 billion baht on digital asset sales. TTA closed the half with 5.7 billion baht in cash, net operating cash flow of 1.61 billion baht, and a debt-to-equity ratio of 0.37.
China's uphill fight vs price wars
News, Published on 14/08/2025
» Overcapacity has made its way into China's domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has responded by launching a so-called "anti-involution" programme to combat deflationary price wars. It's had some early wins, but this could be a lengthy battle.
CKPower Profit Soars on Hydropower Gains and Lower Costs
Published on 13/08/2025
» Bangkok, August 13, 2025 — Building on strong momentum from the first quarter, CKPower Public Company Limited (SET: CKP)—one of the region’s largest producers of electricity from renewables with one of the lowest carbon footprints—reported continued growth in operating performance for the second quarter and first half of 2025. The company and its subsidiaries posted a Core Net Profit of Baht 353.0 million in Q2 and Baht 416.3 million for the six-month period, up by Baht 204.3 million or 137.4% year-on-year and Baht 509.2 million or 548.1% year-on-year, respectively. These results, announced by Managing Director Mr. Thanawat Trivisvavet, underscore the company’s sustained profit expansion across the first half of the year.