Ngern Tid Lor Public Company Limited, affectionately known as “TIDLOR” or simply the “Company,” has been making waves once again, capturing the spotlight with its impressive financial performance in 2024. The company reported a record-breaking net profit of THB 4,230.5 million, marking a commendable 11.6% year-on-year (YoY) growth. Such a feat didn’t just happen overnight; it was fueled by TIDLOR’s strategic expansion in lending operations, a tantalizing improvement in the net interest margin, and their insurance brokerage business achieving phenomenal results. The year 2024 wasn’t just about net profits for TIDLOR; total revenue soared to THB 22,160.9 million. That’s a whopping 16.8% increase compared to the previous year! This financial crescendo was mainly orchestrated by a surge in interest income, combined with a delightful boost from fee and service income. Behind the curtains, the outstanding loan portfolio took a thrilling leap, reaching THB 103,933.7 million by the year’s end, displaying…
Posts published in “Thailand”
Picture this: It was a night to remember on Highway 105 in the Tha Song Yang district of Tak when paramilitary rangers struck gold—or rather, diesel. They stumbled upon two barrels containing a whopping 400 liters of diesel on a seemingly innocent pickup truck. What was this fuel’s destination? The clandestine alleys of Myawaddy in Myanmar. But that’s just the tip of the iceberg in the unfolding plot that’s gripping two nations. Enter the scene, a troupe of government officials rallying to turn the tide in an ever-intensifying war against call-scam gangs operating from Myanmar. The narrative is getting a new twist—potential strategies include border bans on suspected miscreants and halting solar panel exports to Myanmar. At the helm, Chatchai Bangchuad, the secretary-general of the National Security Council, breathes life into this operation. Tuesday’s revelations hinted at a steady course of anti-scam efforts, poised to evolve with additional strategies if…
In a strategic move destined to redefine the hospitality experience at Thailand’s key international gateway, the bustling Suvarnabhumi Airport, a noteworthy announcement was made on January 31, 2025. Suvarnabhumi Airport Hotel Co., Ltd. and Universal Hospitality Joint Venture shook hands on a brand-new management agreement ushering in a transformation—rebranding the hotel as the illustrious Hyatt Regency Bangkok Suvarnabhumi Airport. The signing ceremony, no less grand, unfolded within the illustrious Srivichai meeting room of the hotel. It was graced by several distinguished figures including Dr. Darut Khamwichittanapa, Chairman of Suvarnabhumi Airport Hotel Co., Ltd., alongside Ms. Chittimas Ketvoravit, Managing Director, and Ms. Bovornrudee Poonsornsiri, Co-Managing Director of Universal Hospitality. Marking the second renewal of their management partnership, this venture underscores an unwavering commitment—one that relentlessly seeks to elevate the hotel to a beacon of world-class standards. Elevating the Airport Hotel Experience With its enchanting rebranding as Hyatt Regency Bangkok Suvarnabhumi Airport,…
Amidst the bustling backdrop of international borders, a dramatic crackdown unfolded, casting a spotlight on the digital underbelly of the Thai-Cambodian border. It was a tale of lines and signals, of mysterious connections stretching into the darkness, threatening to weave intricate webs of malice from the heart of the communication networks. At the heart of the commotion: Poipet, the enigmatic border town, often whispered about for its call centre gangs adept in the art of deception. The scene was set on the afternoon of February 10, 2025. Police Lieutenant General Yingyos Thepchamnong and the ever-vigilant Trairat Viriyasirikul, serving as the acting Secretary General of the National Broadcasting and Telecommunications Commission (NBTC), embarked on their mission. Their quarry: the mysterious mobile phone base stations and the clandestine international connection points reaching surreptitiously into Cambodia. The first step of this audacious operation landed at Klong Luek border checkpoint’s railway station in Aranyaprathet…
Phuket, a tropical paradise celebrated for its beaches and nightlife, is set to redefine its identity with a dash of green innovation. If you’ve ever wandered the mystical alleys of Phuket Town, you’ve likely stumbled upon the enigmatic vestiges of the historic Phuket Prison. This establishment, steeped in stories from a bygone era, is about to embark on a journey of transformation that promises to captivate both locals and tourists. In an exhilarating initiative, the twilight echoes of this old penitentiary are being silenced by the bustling sounds of construction. Aimed at breathing vibrant life into the heart of Phuket Town, the Phuket Provincial Administrative Organisation (PPAO) is spearheading an ambitious project to convert the 33-rai expanse of the former prison grounds into a sprawling haven of greenery and leisure. Prepare to step into a world where recreational dreams meet historical preservation. Imagine, if you will, a vast public park…
In the bustling metropolis of Bangkok, amidst the daily cacophony of honking horns and spinning wheels, an unexpected incident unfolded, one that seemed to leap straight out of a scene from an action movie. Picture this: a 72-year-old man, with hands firm but perhaps not as steady as they once were, driving a Honda HR-V. The car, a compact yet powerful ride, moved like a force of nature—fast and fearsome—as it zipped along the road. But then, without a whisper of tire-brake protest, it crashed violently into a utility pole, sending shockwaves through the serene afternoon, turning an ordinary day for many into a sight they would not forget. The mishap occurred at the witching hour of 3:30 PM on February 10—already marked as a date to remember for the Rong Mueang subdistrict of Pathum Wan in Bangkok. The quiet journey of this elderly gentleman, identified as Thanapong, veered into…
As the vibrant city of Pattaya continued bustling with tourists and residents alike, a forest fire posed a serious threat to tranquility when it erupted near Soi Boon Samphan 14. At precisely 3:06 PM on Sunday, February 9th, an alarm was set off, summoning the brave hearts from Nong Prue Municipality’s Disaster Prevention and Mitigation team. Synchronized in their efforts alongside the Sawang Boriboon Thammasathan Rescue Centre, these heroes embarked on a mission to subdue the relentless flames. Upon reaching the simmering battleground, the firefighters were confronted with a fiery beast, stretching its claws towards nearby homes. Swiftly, several fire trucks were dispatched to unleash torrents of water, forming a protective barricade around the vulnerable residences. As gallons of water met raging fire, an epic battle ensued, with humanity’s resolve pitted against nature’s fury. Victory was hard-earned but sweet as the flames were eventually doused. The smoky specter of the…
In the tranquil district of Ban Dung, Udon Thani province, an ordinary massage session turned into an unexpected drama that left many locals stunned. It was a clear, serene day on February 10th. The venue was Suan Lak, a favored spot near the Phu Sri Sutho Shrine, where a majestic tamarind tree stands as a silent witness to countless everyday stories. However, this day under the tamarind’s watchful canopy promised anything but the ordinary when a 70-year-old man was struck by a severe shock that caused him to lose consciousness. The man, a local from Non Simma village, was enjoying what was supposed to be a rejuvenating massage. Daeng, the community’s go-to masseuse, was tending to him. Despite her advancing years, her nimble fingers have brought many a sigh of relief over shoulders, necks, and backs. However, this session took an unprecedented turn that no one anticipated. As Daeng was…
In a move that’s set to make waves in the economic waters of Thailand, the government has revealed its plans to ease conditions for spending under the third phase of its ambitious 10,000 baht digital wallet initiative. This plan is a part of their determined effort to ensure that no citizen is left behind, even if they don’t have access to a smartphone. Deputy Finance Minister Julapun Amornvivat, radiating confidence in this forward-thinking scheme, has confirmed that the funds are slated to be disbursed come the second quarter of this year. The Economic Stimulus Subcommittee, evidently buzzing with excitement and optimism, has voiced its readiness to embrace the blockchain system driving this initiative, with banks across the nation expressing interest and showing support. The overarching goal here? To loosen the spending constraints in this third phase, thereby invigorating money circulation in the economy. With a hefty injection of approximately 150…
The Bangkok Metropolitan Administration (BMA), in a concerted effort to reclaim and preserve the rapidly eroding shores of Bangkok, has teamed up with various organizations to take a stand against the relentless advance of coastal erosion in the Bang Khun Thian district. Under the eye of Jessada Chandraprabha, the director of the BMA’s Drainage and Sewerage Department, the city is mobilizing its efforts to tackle one of the capital’s most pressing environmental challenges. This particular mission is not just about battling nature; it’s a statement of togetherness and resilience in the face of adversity. Jessada recently revealed a series of strategic moves as part of a large-scale plan to prevent and diminish the damaging effects of coastal erosion and the ominous rise in sea levels, a consequence of climate change that poses a threat to the upper Gulf of Thailand. The regions on the forefront of this environmental battle include…