Showing 2,381 - 2,390 of 2,391
Ion Energy closes $3m funding round
Business, Published on 01/05/2024
» Beacon Venture Capital, a subsidiary of Kasikornbank (KBank), has partnered with Solar United Network (SUN) Group, an Indonesia-based solar energy firm, to close a Series A funding round of US$3 million for Ion Energy, a Thai solar energy startup.
Banyan returns to where it all began
Business, Kanana Katharangsiporn, Published on 04/05/2024
» After expanding to 22 countries over the past 30 years, hospitality-led property developer Banyan Group has returned to Phuket, the destination where it began.
Strategic planning and forecasting in uncertain times
Business, Published on 07/05/2024
» Businesses nowadays not only have to tackle an economic slowdown, but also have to create value for stakeholders, from employees to customers to social and environmental advocates. Consequently, having the capability to accelerate value creation is critical.
Srettha defends wage hike plan as businesses voice concern
Published on 07/05/2024
» Prime Minister Srettha Thavisin on Tuesday defended his plan to introduce a nationwide daily minimum wage of 400 baht (US$10.88) as a necessary move for the economy, as business groups voiced concerns about the impact of higher wage costs.
Garmin targets double-digit growth
Business, Suchit Leesa-nguansuk, Published on 08/05/2024
» Garmin, the leading GPS smartwatch manufacturer, has allocated a hefty marketing budget to shift the target market from athletes to wellness enthusiasts, aiming to achieve double-digit growth in Thailand.
FPT Reports Strong H1 Performance with THB 6.5 Billion Revenue
Published on 09/05/2024
» Frasers Property (Thailand) Public Company Limited, or “FPT,” Thailand's first integrated real estate leader, disclosed its first half of FY2024 performance (October 2023 – March 2024), reporting total revenue of THB 6,591 million and net profit of THB 487 million. For 2QFY2024 performance (January – March 2024), the company generated total revenue of THB 3,524 million and net profit of THB 165 million. Despite macroeconomic challenges, the residential business continues to progress as planned, with four new projects set to launch in the second half of the year, alongside an adjustment in strategic plans. The industrial and commercial portfolio showed continuous revenue growth with occupancy rates reaching 86% and 92%, respectively.
TIDLOR Hits Record Q1 Net Profit, Loan Milestone
Published on 09/05/2024
» Ngern Tid Lor Public Company Limited (“TIDLOR” or “the Company”) disclosed the Q1/2024 performance in line with the targets, achieving a new high in net profit of Baht 1,104.1 million, marking an increase of 15.6% YoY, and total revenue of Baht 5,309.1 million, rising by 22.2% YoY. This growth was driven by continuous expansion in both the lending and insurance brokerage businesses, coupled with effective cost management over the past 2-3 years.
THAIFEX – ANUGA ASIA 2024 Sets New Global Benchmarks
Published on 10/05/2024
» The Department of International Trade Promotion (DITP), Ministry of Commerce of Thailand (TCC), The Thai Chamber of Commerce, and Koelnmesse (KM), are set to host THAIFEX – ANUGA ASIA 2024, the largest and most comprehensive food and beverage trade show in Asia, from 28th May to 1st June 2024 at IMPACT Muang Thong Thani. Under the concept of “Beyond Food Experience”, the event will transcend a mere food trade show. It will provide a platform for food and beverage businesses, retailers, supermarkets, department stores, hotels, hypermarkets, restaurants, and those seeking partnerships and business negotiations, to connect with leading Thai and international companies. Participants will stay updated on the latest product trends and consumer demands to enhance business success. Business negotiations will take place over five days, and the general public will be allowed to visit and purchase products on the final day of the event.
SCG: Leading Green Innovation and Empowerment
Published on 10/05/2024
» Siam Cement Group (SCG), known as the Organisation of Opportunities, empowers people, turns ideas into reality, develops world-class innovations, collaborates across sectors, fosters green innovations, and aims for a low-carbon society. We are committed to fostering mutual growth in a low-carbon society, with a good quality of life, economic prosperity, social well-being, and a sustainable environment. We don't leave anyone behind. In 2024, we allocated 10 billion baht to develop low-carbon production processes and green innovations.
Follow the yellow brick road
Nuntawun Polkuamdee, Published on 13/05/2024
» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.