Showing 171 - 180 of 1,797
MAHLE Boosts Profitability Amid Market Headwinds
Published on 23/04/2025
» The automotive supplier MAHLE closed the 2024 financial year with a positive consolidated net result, despite challenging market conditions. Operating profit (EBIT) increased from €304 million to €423 million, raising the EBIT margin to 3.6 percent. However, sales fell 5.6 percent organically to €11.7 billion, largely due to weak markets in Europe and North America and sluggish EV demand outside China.
GWM devises plan for diesel cars in Rayong
Business, Lamonphet Apisitniran, Published on 19/04/2025
» China-based GWM (Great Wall Motor) International, which spent several billion baht developing a Thai electric vehicle (EV) factory, is adjusting its business strategy, including a plan to produce more diesel-fuelled cars, in response to economic uncertainties in Thailand and overseas.
Hong Kong airport incident probe finds crew error caused runway closure in 2021
South China Morning Post, Published on 18/04/2025
» A probe into an incident involving an arriving Siberia Airlines cargo plane that disrupted runway operations at Hong Kong International Airport for 90 minutes in 2021 has found that the incident was caused by the crew's lack of knowledge of an unopened paved area, which they mistook for the assigned runway exit.
Drive to promote Thai soft power heats up
Business, Phusadee Arunmas, Published on 17/04/2025
» A draft bill to promote soft power will soon be submitted to the cabinet, while the establishment of the Thailand Creative Culture Agency (Thacca) is anticipated in the first quarter of next year, says the chairman of the National Soft Power Development Committee.
Tariffs need 'long term' think
Poramet Tangsathaporn, Published on 16/04/2025
» The effects of the US tariffs on the Thai economy should lead the country to think "long-term", says Sineenat Sermcheep, director of the Asean Studies Center, Faculty of Economics of Chulalongkorn University.
Shining a little light
Postbag, Published on 13/04/2025
» Re: "Thai economy put at risk by surge in zero-dollar exports", (Business, April 11) & "Shedding light on the US solar probe", (Business, Oct 19, 2024).
South Korean presidential poll to be held June 3
Reuters, Published on 08/04/2025
» SEOUL - Leading contenders began to throw their hats in the ring on Tuesday as South Korea officially set June 3 for a presidential election triggered by last week’s removal from office of impeached leader Yoon Suk Yeol.
Thailand fights for e-commerce crown
Business, Suchit Leesa-nguansuk, Published on 08/04/2025
» Despite challenges from a trade war and an unfavourable global economy, embracing artificial intelligence (AI) and optimising logistics costs with multimodal transport can help Thailand become a hub of cross-border e-commerce, according to online entrepreneurs.
PSP Specialties evolves via acquisition
Business, Yuthana Praiwan, Published on 03/04/2025
» SET-listed PSP Specialties, a Thai lubricant manufacturer, has invested 409 million baht in Recycle Engineering, a chemical recycling firm, to expand into a sustainability business and fuel revenue growth.