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Search Result for “King Power”

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THAILAND

PM ouster was a warning to Thaksin

Published on 27/05/2024

» Academics are certain the latest move by a group of 40 senators asking the Constitutional Court to accept their petition to begin an ethics probe against the prime minister over his appointment of a cabinet member was just a warning to ex-premier Thaksin Shinawatra not to exercise his power.

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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

Historical park to receive Unesco push

News, Mongkol Bangprapa, Published on 15/05/2024

» The Ministry of Culture aims to nominate Phra Nakhon Khiri National Historical Park, aka Khao Wang, in Phetchaburi as a Unesco World Heritage Site, according to Culture Minister Sudawan Wangsuphakijkosol.

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THAILAND

Last of the ‘Three Tyrants’ dies at 90

Published on 14/05/2024

» Col Narong Kittikachorn, one of the “three tyrants” who led the country prior to the October 1973 student uprising, died on Tuesday at the age of 90.

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THAILAND

10 projects chosen for King's birthday

News, Mongkol Bangprapa, Published on 10/05/2024

» The government has selected 10 projects to celebrate the auspicious occasion of His Majesty the King's 72nd birthday, including allocating 72,000 rai of military land to the public.

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THAILAND

Comic in crosshairs after Netflix show

News, Post Reporters, Published on 09/05/2024

» The latest show by Udom "Nose" Taephanich, a stand-up comedian, sparked criticism when he made a sarcastic joke about self-sufficiency.

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THAILAND

Promises and perils of handout

News, Published on 04/05/2024

» Much anticipated as it is controversial, the digital wallet scheme has seen its veil of uncertainty finally lifted.

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THAILAND

Foreign minister role tipped for Maris

News, Aekarach Sattaburuth, Published on 30/04/2024

» Former career diplomat Maris Sangiampongsa has been tipped as the likely new foreign minister after Parnpree Bahiddha-Nukara's shock resignation announcement on Sunday.

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THAILAND

Charter rewrite faces roadblock

Aekarach Sattaburuth, Published on 28/04/2024

» Last year, when the Pheu Thai Party was forming a coalition government, it made a promise to craft a people's charter that would involve an elected charter drafting assembly and a public referendum, but keep the charter in line with Thailand's constitutional monarchy.

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THAILAND

Referendum 'before' charter proposal

News, Aekarach Sattaburuth, Published on 25/04/2024

» Charter amendment proposals cannot be put on the agenda until a referendum is held to ask for voters' consent for a new charter to be written, said House Speaker Wan Muhamad Noor Matha.