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Search Result for “net profits”

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BUSINESS

Prudential Thailand highlights wealth transfer needs of affluent families

Nareerat Wiriyapong, Published on 23/05/2025

» With a strong and strategic focus on Asia, UK-based multinational insurer Prudential Group is pursuing double-digit annual growth in Thailand through 2027. Its local unit, Prudential Thailand, plans to achieve this target in part by expanding services tailored to high-net-worth (HNW) individuals, according to chief executive Bundit (Kenny) Jiamanukoonkit.

WORLD

Trump hosts gala for memecoin buyers despite corruption concerns

AFP, Published on 23/05/2025

» WASHINGTON - US President Donald Trump on Thursday will host a private event for hundreds of top investors in his crypto memecoin, with leaders of the Democratic opposition blasting it as "an orgy of corruption."

LIFE

Maternal nostalgia

Life, Tatat Bunnag, Published on 23/05/2025

» With the recent success of the acclaimed comedy-drama series The Four Seasons and Tom Hardy's blood-soaked thriller Havoc, it seems Net­flix is finding its rhythm again when it comes to delivering compelling, emotionally resonant content. The latest entry, the heartwarming food and family drama Nonnas, takes audience to comfort-viewing territory -- stories that are less concerned with spectacle and more focused on the relationships that shape us.

PROPERTY

Developers suffer in Q1 amid stagnant economy

Business, Kanana Katharangsiporn, Published on 22/05/2025

» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.

BUSINESS

Pundits upbeat on US tariff agreement

Business, Nareerat Wiriyapong, Published on 22/05/2025

» An international affairs academic and a leading economist are partially optimistic Thailand can reach an agreement with Washington over the latter's stiff reciprocal tariffs, though challenges remain as the levies have already affected the global trading system.

BUSINESS

PTT to slash costs amid US tariff burden

Business, Yuthana Praiwan, Published on 22/05/2025

» National oil and gas conglomerate PTT Plc plans to cope with US tariffs and a dip in global oil prices by reducing expenses and increasing operational efficiency to boost profits.

BUSINESS

Earthquake spurs office relocation queries

Business, Published on 22/05/2025

» Bangkok's office market in the first quarter of 2025 continued to face mounting pressure from new supply, resulting in higher vacancy rates and intensifying competition among landlords, according to property consultancy CBRE Thailand.

THAILAND

Pattaya weed shop busted for vape sales

News, Puriward Sinthopnumchai, Published on 21/05/2025

» Police have raided a cannabis shop in Pattaya that was illegally selling e-cigarettes and foreign cigarettes, seizing 110 disposable vape devices and 216 packs of imported tobacco, with an estimated value of 60,000 baht.

THAILAND

SRT depot plan rekindled despite delays

News, Supoj Wancharoen, Published on 21/05/2025

» The State Railway of Thailand (SRT) board has approved the results of a new study conducted on planned further investment in the SRT's Inland Container Depot in Bangkok's Lat Krabang district, which has been delayed for several years.

BUSINESS

Thai banks’ bad loans inch up in first quarter

Published on 20/05/2025

» Thai banks’ non-performing loans rose to 2.9% of outstanding credit at the end of March from 2.78% at the end of December, the Bank of Thailand said on Tuesday.