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Search Result for “net profits”

Showing 1 - 9 of 9

WORLD

Philippines’ Duterte bound for ICC’s Hague jail with spiritual advisers and volleyball

Bloomberg, Published on 13/03/2025

» Former Philippine President Rodrigo Duterte will be trading his cozy countryside home for the sterile walls of the International Criminal Court’s detention centre, following his high-profile arrest as part of a probe into his deadly war on drugs.

BUSINESS

CP Foods pushes for IPO of Vietnam unit

Bloomberg News, Published on 13/03/2025

» Thailand’s largest meat producer, Charoen Pokphand Foods Plc (CPF), is preparing to speed up the initial public offering (IPO) and listing of its biggest offshore unit in Vietnam to fund expansion.

THAILAND

SCB WEALTH & BlackRock Partner to Drive Global Investment

Published on 13/03/2025

» SCB WEALTH has partnered with BlackRock, a global leader in asset management, to solidify its position as the top wealth management business in Thailand. This partnership will guide clients towards international investments, offering high-quality, innovative opportunities to boost returns in a fast-changing economic landscape. The partnership will offer in-depth investment analysis and insights, work together to identify suitable investment strategies aiming for long-term returns, and develop training programs for Relationship Managers’ development to meet international standards. Providing consultancy and experience sharing to enhance the efficiency of investment advisory services. With all collaboration under partnership will support SCB WEALTH to become the top choice for clients, with a target of THB 180 billion in global investment assets by 2026.

BUSINESS

Thai hotelier Minor plans US expansion to tap White Lotus craze

Bloomberg News, Published on 13/03/2025

» Minor International Plc, whose hotels in Thailand feature in the hit TV series The White Lotus, plans to expand in the United States to cash in on newfound global fame that has sent its room bookings skyrocketing since the show began airing last month.

THAILAND

RML Surpasses Bond Target, Gears Up for Phuket Launch

Published on 13/03/2025

» RML has successfully offered and issued its latest round of corporate bonds, receiving overwhelming interest from investors. The total subscription exceeded the initial target of THB 300 million, reaffirming strong investor confidence in the company’s business strategy and long-term vision. Building on this momentum, RML is set to launch a luxury mixed-use development in Phuket in Q2, with a total project value of THB 10 billion. The company has set an ambitious sales target of THB 7.5 billion for 2025, representing an 80% growth compared to the previous year. 

PROPERTY

Condo developers struggle with B80bn debt mountain

Kanana Katharangsiporn, Published on 13/03/2025

» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).

SPORTS

War Elephants welcome back Chanathip

Sports, Tor Chittinand, Published on 13/03/2025

» Chanathip Songkrasin has been handed a national team comeback as the crafty playmaker was on Wednesday named in a 23-strong Thai squad for the War Elephants international games during this month's Fifa Day break.

THAILAND

Fashion retailer scales new heights

News, Kuakul Mornkum, Published on 13/03/2025

» Breaking through the competitive fashion industry is not easy, but GENTLEWOMAN, a Thai fashion brand, has emerged as a favourite among Thai and international fashion enthusiasts.

THAILAND

Small-store retail leader shines

News, Somhatai Mosika, Published on 13/03/2025

» With her achievement of combining business acumen with social responsibility to create a lasting positive impact in Thailand's retail sector, Maytinee Phisutsinthop, chief operating officer -- Small Format at Central Food Retail Co Ltd (CFR), is one of this year's Women of the Year.