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Championing Inclusive Entrepreneurship: Asia Pacific Enterprise Awards 2024 Honors Asia’s Leaders
Published on 05/09/2024
» The Asia Pacific Enterprise Awards (APEA) 2024 Regional Edition proudly celebrates the entrepreneurial spirit, honouring a new elite of industry leaders spearheading inclusive entrepreneurship across Asia. Set in Bangkok, Thailand, this year’s awards highlighted leading business leaders and enterprises who have championed inclusivity, broken barriers for underrepresented groups, and created pathways for individuals from diverse backgrounds to thrive in the business world. The awards ceremony was graced by H.E. Datuk Jojie Samuel, Ambassador of Malaysia to Thailand, and Chotima Iemsawasdikul, Director-General of Department of Trade Negotiations of the Ministry of Commerce of Thailand.
Four Lifestyle Fairs Strengthen Hong Kong-Thailand Trade
Published on 17/07/2024
» Hong Kong and Thailand have enjoyed robust bilateral trade relations on a range of products and services over the years. Adding to the Hong Kong’s business advantages, Hong Kong Trade Development Council (HKTDC) organises world-class exhibitions in Hong Kong to create business opportunities for corporations in the world.
Thai Pharmaceutical Industry Boosted at 'CPHI South East Asia 2024'
Published on 10/07/2024
» CPHI South East Asia 2024, a trade exhibition and conference platform for the pharmaceutical industry in Southeast Asia organised by Informa Markets, will be held in parallel with Medlab Asia & Asia Health 2024 from 10-12 July 2024 at the Queen Sirikit National Convention Center, Bangkok, 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.