In its first-quarter results for 2025, Thai Union Group PCL finds itself navigating the turbulent seas of a financially challenging year. With sales clocking in at THB 29.8 billion, the numbers indicate a dip of 10.3% compared to the same period last year. The slide is attributed to a 6.9% lull in organic sales growth, compounded by a 3.4% unfavorable foreign exchange impact due to a robust Thai baht that flexed its monetary muscles. However, amid these financial tempests, there shines a silver lining: the Group reached an unprecedented milestone with a Q1 gross profit margin (GPM) soaring to 18.8%. Adjusted net profits, which skillfully omitted transformation costs linked to the ambitious Strategy 2030, saw an 8.9% year-on-year uptick, comfortably resting at THB 1.3 billion. Post-transformation adjustments, the reported net profit was THB 1 billion, securing a solid 1.0x net-debt-to-equity ratio—testing the waters of fiscal fitness. CEO Thiraphong Chansiri, the…
Posts published in “Thailand”
In a startling turn of events that could easily be ripped from the pages of a thrilling crime novel, a Thai couple has made jaw-dropping accusations against their own relatives. Tong and Au, a couple not unlike any other, found themselves entangled in a web of financial deceit and potential danger that far surpassed their wildest nightmares. Back in 2022, Tong narrowly escaped what he believed was a devious murder attempt, leading them to enlist the aid of Be One, a diligent non-profit organization. Their suspicions were not unfounded; they later stumbled upon a bewildering cache of over 50 life insurance policies amounting to a whopping 120 million baht. Shock waves rippled through their world as they realized these policies were clandestinely acquired while they were behind bars—an ironic twist, given they hadn’t endorsed a single one. Au, in an emotionally charged interview on Channel 3’s gripping news program Hone…
In an electrifying revelation, a cache of ancient Buddhist artifacts, dating back over a millennium, has been unearthed in the fertile countryside of northeastern Thailand. This extraordinary discovery promises to shine a new light on the mystifying early Buddhist art forms characteristic of the region. The rare relics emerged from the depths of the earth during a routine conservation initiative at the renowned Wat Dhammachak Semaram, nestled in the Sung Noen district of Nakhon Ratchasima. Though the site has long been celebrated for its colossal Reclining Buddha, this unforeseen treasure trove may well redirect the spotlight towards itself. The Fine Arts Department’s illustrious Director-General, Phnombootra Chadrajoti, enthusiastically declared that the excavation, originally targeted at alleviating moisture beneath the gigantic statue, inadvertently opened Pandora’s box of long-hidden relics. “Beneath just a flimsy layer of soil, a trove of artifacts, held fast within an earthen vessel, revealed itself,” Phnombootra elucidated with zeal.…
As the sun’s golden rays glittered on the waters of Laem Sok pier, an exciting crowd gathered in anticipation, ready to board the sleek catamaran bound for the serene paradise of Koh Kut. Nestled in the heart of Trat province, Koh Kut, along with its sister island Koh Mak, has recently emerged as a beacon for tourists making their own waves in the travel scene. Indeed, last month marked a surge in visitor numbers, propelling these tropical jewels to the top of Thailand’s digital search lists with accommodations booked to the brim. By early Friday, the piers were bustling with over ten transport boats and a fleet of more than twenty nimble fast ferries slicing through the waters, heading to Koh Kut district’s enchanting retreats. The travel maestros – Boonsiri Ferry, Seudamgo, and Koh Kood Express – found themselves charting new courses, adding more voyages around midday to satisfy the…
It’s a universal truth: most women yearn to feel at ease in their own skin, rather than retreating behind a facade of heavy makeup. Freckles, melasma, and those charming fine lines aren’t imperfections; they are the beautiful signatures of life lived fully. This is where Skin Lab’s revolutionary Skin Glow treatment shines, embracing and enhancing your skin’s innate beauty. Recently unveiling its wonders in Thailand, Skin Lab introduces Skin Glow—a facial rejuvenation sensation inspired by the beloved tenets of Korean skincare decency. This gentle, exfoliating treatment rejuvenates, revealing skin that’s not only more luminous but radiates clarity and brilliance—all without the interference of harsh chemicals. At its heart lies an enchanting facial massage performed by skilled specialists, merging the zenith of advanced Korean techniques with the soothing elegance of traditional Thai methods, ensuring not only relaxation but also unparalleled results. Crafted with care, the Skin Glow is dependent on safe…
The Tourism Authority of Thailand (TAT) is currently re-evaluating its ambitious target for international tourists after witnessing a significant 30% decline in Chinese visitors. In a bid to revitalize tourism, TAT is plowing a generous 2 billion baht into the “We Travel Together” campaign, which is set to kick off next month. On May 8, at the third annual Capital Market Meets the Government event hosted by the Thai Capital Market Business Council (FETCO), Teerasak Thepensri, TAT’s Deputy Governor for Policy and Planning, hinted at a possible revision of the expected 37.46 million foreign tourists and 3.4 trillion baht revenue, possibly scaling it back to around 35.54 million tourists—numbers reminiscent of yesteryear. The outlook, it seems, isn’t very rosy. The first four months of the year (January to April) reflected a 20% slip in tourists from Northeast Asia, spearheaded by a staggering 30% drop in Chinese visitors. This slump contributed…
What if I told you that soon you’d be able to sip a refreshing tipple amidst the vibrant buzz of Thailand’s nightlife or while awaiting your next flight? Well, prepare to pack your bags and perhaps an extra liver, as Thailand is taking a bold step that will light up its burgeoning tourism scene. Starting this Saturday, a splash of relaxation is being sprinkled onto five of Buddhism’s sacred days, all in the name of romping tourism. When you think about it, a fusion of tranquility and mild exhilaration sounds like the perfect recipe for an unforgettable holiday. So, you might be wondering what’s cooking in the Thai tourism pot and why your favorite cocktail is part of the menu on these revered Buddhist holidays. According to the latest decree by the Alcoholic Beverage Control Committee, Thailand is unveiling its new charm offensive. Alcohol sales will now be permitted in…
In an unexpected twist that might be the plot of a science fiction novel, an ancient Soviet spacecraft is making a dramatic return to Earth. At 53 years old, Cosmos 482 is hurtling back home, much to the fascination and slight apprehension of spectators worldwide. Though most experts assure that the Land of Smiles—Thailand—won’t be taking any direct hits, it’s hard for them to fully relax with eyes still nervously tracking the skies. Thailand’s Geo-Informatics and Space Technology Development Agency (GISTDA) has sounded the alarm regarding Cosmos 482, a long-defunct Soviet space voyager. Originally, Cosmos 482 was launched with high hopes and lofty goals, intended to conquer Venus back in March 1972. Unfortunately, Venus must have had other plans; the spacecraft failed to escape low Earth orbit, and has since embraced a long, uneventful career of circling our planet. GISTDA predicts this intrepid relic will break its endless loop tomorrow,…
In a whirlwind of parliamentary drama and hot debates, a daring group of 30 senators has thrown down the gauntlet, challenging a proposed extravagance of 956 million baht aimed at jazzing up the new parliament complex. The motley crew of dissenters, led by the feisty Senator Nantana Nantavaropas, swaggered into the limelight during a press conference on the ever-significant date of May 8. Their battle cry? This proposed splurge is nothing short of a misplaced, mind-boggling misuse of funds, nowhere near the realm of public interest. Senator Nantana, wielding fiery rhetoric as her weapon of choice, lambasted the proposed spendathon, pointing out the majestic parliament’s significant crumble—a scene straight out of a catastrophe movie. Picture this: leaking walls giving impromptu water features, ceilings dramatically soaring downwards, columns practicing the art of growing mold, and air-conditioning units chuckling at their own ineffectiveness—all this happening within a mere four years of existence!…
In a twisted tale of deceit that crosses continents, the Cyber Crime Investigation Bureau (CCIB) of Thailand has skillfully unraveled a complex fraud operation stretching its nefarious fingers from Japan to Thailand. This high-stakes game of deception highlights both the ambition and recklessness of its players, who sought to vanish under the radar with a jaw-dropping 228 million baht of ill-gotten gains. The daring escapade came to a screeching halt thanks to the relentless efforts of the CCIB. Officers swooped down on multiple locations – Bangkok, Nakhon Pathom, and Nonthaburi – clutching in their net five Thai nationals and a Ghanaian suspect, all charged with orchestrating the grand swindle. Meanwhile, two slippery suspects eluded capture – a Thai and a Nigerian – though arrest warrants hang over them ominously, courtesy of Pol Gen Thatchai Pitaneelaboot, Thailand’s unyielding Royal Thai Police inspector-general. So how did this gang of schemers concoct such…