Showing 41 - 50 of 2,475
Nissan job cuts to cost additional $418 million
Bloomberg News, Published on 23/05/2025
» Nissan Motor Co has said job cuts it announced as part of a broader restructuring at the company could cost an additional ¥60 billion (US$418 million) this fiscal year.
Thai Airways takes off, says chief executive
Business, Nareerat Wiriyapong, Published on 19/05/2025
» Fresh from completing a years-long business rehabilitation, Thai Airways International (THAI) is unveiling its "Fly for the New Pride" brand campaign, operating with a reduced debt burden and new revenue generators as the company expects to resume trading on the Stock Exchange of Thailand (SET).
Dusit International says internal conflict not affecting operations
Molpasorn Shoowong, Published on 16/05/2025
» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market.
Major players post bumper Q1 profits
Business, Yuthana Praiwan, Published on 16/05/2025
» Major energy firms managed to reap profits in this year's first quarter, despite a global economic slowdown and geopolitical conflicts.
BGRIM posts 51.6% increase in net profit for first quarter
Business, Published on 16/05/2025
» B.Grimm Power Plc (BGRIM) reported a 51.6% increase in net profit for the first quarter this year, while advancing industrial user expansion and nearing commercial operation dates for its renewable energy projects.
Medeze Launches Partial Offer for 10% of Cordlife
Published on 13/05/2025
» Singapore / Bangkok, 13 May 2025 – Thailand-listed Medeze Group Public Company Limited (“Medeze”), through its wholly owned subsidiary Medeze Treasury Pte. Ltd. (the “Offeror”), intends to make a voluntary conditional cash partial offer (the “Partial Offer”) to acquire 10.00% of the issued ordinary shares of Cordlife Group Limited (“Cordlife” or the “Offeree”), a Singapore-listed provider of cord blood banking services. The move signals Medeze’s first strategic step into the Singapore market, with the intention of exploring business opportunities with the Offeree to create long-term value and mutual benefit for both parties.
CK Power posts Q1 net profit turnaround
Business, Published on 12/05/2025
» CK Power Plc, one of the region’s largest renewable energy producers, reported a core net profit of 63 million baht in the first quarter of 2025, marking a 305-million-baht turnaround from a net loss of 242 million baht a year earlier.
IRPC Forms Crisis Unit, Eyes ASEAN Growth
Published on 12/05/2025
» To navigate mounting global economic and trade uncertainties, IRPC Public Company Limited has launched a dedicated Crisis War Room aimed at enabling swift, real-time responses to market volatility. The initiative, announced on 9 May 2025 by President and CEO Mr Terdkiat Prommool, is part of a broader strategy to strengthen the company’s long-term investment position. At the same time, IRPC is reinforcing its core operations through improved production efficiency, cost reduction, and sound financial risk management. These efforts are anchored in two strategic pillars: 1. Core Up Lift and 2. Step Up & Beyond.
Gulf reports Q1 profits surge 28% to B5.3bn
Business, Yuthana Praiwan, Published on 10/05/2025
» SET-listed Gulf Development's diversification into the telecom business is bearing fruit, helping the energy developer drive revenue in the first quarter, with net profit soaring by 28% to 5.3 billion baht.
SET rebounding after a bumpy April
Business, Published on 10/05/2025
» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.