Showing 81 - 90 of 8,200
Livid about Lumpini
Oped, Postbag, Published on 17/05/2024
» Re: "No surprises", (PostBag, May 13), & "Accident waiting to happen", (BP, May 12).
Toyota testing EV pickup ahead of production in Thailand
Published on 16/05/2024
» Toyota Motor is testing its new battery-electric Hilux pickup truck to assess its performance in different conditions as the carmaker prepares to manufacture the vehicle in Thailand by the end of 2025, an executive said on Thursday.
Acme Worawat Meets Former PM Thaksin Shinawatra
Published on 16/05/2024
» Recently, Mr Worawat Narknawdee, also known as Acme Traderist, a fintech company owner and renowned trader, businessman, and billionaire investor, and one of the first Thais to study cryptocurrency and blockchain, revealed on his Facebook page, Acme Traderist – Worawat Narknawdee, that he had met Mr Thaksin Shinawatra, the 23rd Prime Minister of Thailand. The purpose of the meeting was to discuss and listen to Thaksin’s perspectives, as well as to share his experiences in life and business. Thaksin is a globally known successful leader. Worawat also intends to apply the guidance and advice he received, especially regarding creating benefits for people and society, as an inspiration to pursue his ideals.
CPN marks mall's anniversary
Business, Published on 16/05/2024
» Central Pattana Plc (CPN) is celebrating the fifth anniversary of Central i-City, a lifestyle and entertainment destination in a 6.5-billion-baht mixed-use project in western Kuala Lumpur, Malaysia.
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Performance among developers in Q1 mixed
Business, Kanana Katharangsiporn, Published on 16/05/2024
» The first-quarter revenue of major listed developers reflected varying trends, with a decline year-on-year among those targeting the lower-end segment, while those focusing on the middle to upper segments continued to witness growth.
Centel claims robust Q1 performance
News, Post Reporters, Published on 16/05/2024
» Central Plaza Hotel Plc (Centel) has announced a strong financial performance for the first quarter of 2024, reporting a net profit of 756 million baht, a 20% increase from the same period last year.
Stark reality behind economic figures
Oped, Chartchai Parasuk, Published on 16/05/2024
» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.
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.
CP Foods Q1 Profit Soars 142% to THB 1,152M
Published on 15/05/2024
» Charoen Pokphand Foods Public Company Limited (CP Foods), a leading company operating integrated agro-industrial and food business, announced a net profit of THB 1,152 million for the first quarter of fiscal year 2024, marking a notable 142% increase from the same period in the previous year. This impressive performance is attributed mainly to the favourable livestock pricing trends in Asia and ongoing enhancement in production efficiency, leading to significant softening of animal husbandry costs.