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Posts published in “Thailand”

Thai Union Group Q2 2024 Results: Net Profit Surge and Strategic Triumphs Detailed by CEO Thiraphong Chansiri

Thai Union Group PCL proudly reported a triumphant second quarter, unveiling a net profit of THB 1.2 billion, marking a significant 14.2 percent uplift compared to the same period last year. This leap was predominantly driven by a robust recovery in their Ambient, PetCare, and Value-added segments. The April-June period witnessed a continuous upward sales momentum, registering a 3.6 percent increase year-on-year, reaching THB 35.3 billion. The Group’s gross profit margin held strong at 18.5 percent— its second-highest ever—touted on account of PetCare’s high-margin products, advancements in the Value-added category, and strategic adjustments within the Frozen category by Q2 2024. Financial health was further underscored with a net interest-bearing debt to equity ratio steady at 0.82x. Buoyed by solid core performance, the company jubilantly announced an interim dividend of THB 0.31 per share for the first half of 2024, maintaining a dividend payout ratio of 59 percent. “The unwavering recovery…

APDT 2024: Transforming Drilling Technology and Sustainability in Bangkok

Get ready to mark your calendars because from 7-8 August 2024, Bangkok will be the epicenter of drilling technology brilliance! Hosted by PTT Exploration and Production Public Company Limited (PTTEP), the SPE/IADC Asia Pacific Drilling Technology Conference and Exhibition (APDT) is set to take place at the luxurious Centara Grand & Bangkok Convention Centre at CentralWorld. This high-profile event is brought to you by the Society of Petroleum Engineers (SPE) and the International Association of Drilling Contractors (IADC). Expect a treasure trove of insights on global petroleum exploration, as more than 1,000 participants from over 30 countries converge to share their perspectives on emerging challenges, broaden their collaboration networks, and spotlight groundbreaking technologies and sustainable practices. Themed “Advancing Drilling and Well Technologies for a Resilient Future,” APDT 2024 promises to be a riveting experience! Imagine powerful panel sessions featuring executives and experts from industry giants like PTTEP, converging to share…

James Jirayu Becomes New Brand Ambassador for CP LAND’s ‘True Happiness’ Campaign

C.P. LAND Public Company Limited, a prominent entity in Thailand’s real estate sector, has made a sensational move by appointing the celebrated artist and actor, James Jirayu Tangsrisuk, as their new brand ambassador. This thrilling news aligns perfectly with the launch of their fresh advertising campaign, “True Happiness in Every Imagination,” where James Jirayu embodies the role of the Dream Observer. Set to mesmerize audiences, this campaign will debut on CP LAND’s YouTube, Facebook, Instagram, TikTok, and X channels starting August 7, 2024. Mrs. Sasinan Allmand, a key figure on CP LAND’s Strategic Committee for Marketing and Communications, enthusiastically shared, “CP LAND is continuously broadening its business potential and rapidly implementing strategies to fortify its image, credibility, and brand strength. We’re elated to have James Jirayu Tangsrisuk, a distinguished artist, actor, and model renowned both locally and internationally, as our brand ambassador. He stars in our latest campaign, “True Happiness…

Viral Vaping Video Ignites Child Safety Concerns: Minister Varawut Silpa-archa Responds

The impact of vaping on youth has captured the nation’s attention once again, as evidenced by a recent incident that stirred significant online outrage. Seized e-cigarettes and related products, valued at a staggering 72 million baht, were spotlighted by the Customs Department as they prepared these items for destruction on February 25, 2023. The heart of the controversy, however, involves a video clip that went viral about a week ago, prompting the Ministry of Social Development and Human Security (MSDHS) to intervene. The clip revealed a troubling scene: two young mothers, identified only as Por, 22, and Nut, 19, were seen vaping with their young children nearby – an eight-month-old infant and a two-year-old toddler, respectively. Shared prominently on the Red Skull Facebook page, the video drew a torrent of criticism from concerned netizens who questioned the mothers’ decision to expose their children to such risks. In defense, the video…

Royal Thai Army Disciplinary Scandal: Chiang Mai NCOs Imprisoned for Brutal Punishment

The controversy began with a revealing photo posted on the Survive Facebook page this past Saturday. Accompanying the image was a harrowing complaint of mistreatment that has sent shockwaves through the community. This photo has put a spotlight on the punishment practices within the military, raising serious questions about discipline and justice. The incident in question centers around two non-commissioned officers (NCOs) who meted out extreme punishment to several privates for allegedly breaking military rules. As a consequence, these NCOs have now been sentenced to 45 days in a military prison. The sordid details first came to light through a report made by the younger sister of one of the privates to the Sai Mai Tong Rod Facebook page. The grim episode took place at the 25th Cavalry Battalion of the 4th Cavalry Regiment, King’s Guard, in Chiang Mai’s scenic Fang district. What unfolded was nothing short of brutal. The…

Krungsri’s Mingkwan Pattanawong Celebrates Major Wins for ‘Make Life Simple’ Campaign at ABF Awards

Ms. Mingkwan Pattanawong, central figure and Krungsri’s Executive Vice President, Head of Corporate Branding and Marketing Division, alongside her stellar executive team, basked in the glory of two prestigious awards that celebrate their groundbreaking “Make Life Simple” brand campaign. This dynamic campaign earned the Marketing & Brand Initiative of the Year – Thailand award at the ABF Retail Banking Awards 2024, hosted by Asian Banking & Finance (ABF) in the vibrant city of Singapore. But Krungsri didn’t stop there; they also clinched the IMC – Multiple Platforms Award (Bronze level) from the MAAT Media Awards 2024, an esteemed event orchestrated by the Media Agency Association of Thailand (MAAT). These accolades represent a magnificent milestone for Krungsri’s branding journey. In 2023, Krungsri underwent a transformative brand refresh, heralding a new brand promise: “Make Life Simple”. This refreshing slogan seamlessly aligns with contemporary trends and lays the groundwork for a robust, continuous…

MRTA’s Orange Line MRT Western Route: Revolutionizing Bangkok’s Public Transportation

The Mass Rapid Transit Authority of Thailand (MRTA) has recently submitted an official request to the Bangkok Metropolitan Administration (BMA), seeking approval to utilize designated areas for constructing the highly anticipated western route of the Orange Line. Envisioned to create a seamless connection between Bang Khun Non and Min Buri, this new line promises a groundbreaking enhancement in Bangkok’s public transportation landscape. On a bustling Wednesday, Tawatchai Napasaksri, who heads the BMA’s Public Works Department, shared insights into the ongoing dialogue between the MRTA and his department. The focal point of their discussion? The intricate route details of the Orange Line MRT project, meticulously examined and debated earlier that week. Diving into the specifics, the proposed route is set to kick off from Sutthawat Road, wending its way majestically along Siriraj Road. The most thrilling part? The line will undertake a daring subaqueous journey beneath the iconic Chao Phraya River.…

Angela Macdonald Advocates for Sustainable Tech in Southeast Asia at Techsauce Global Summit 2024

Australia is ardently championing the advancement of sustainable technology in Southeast Asia, as highlighted by Angela Macdonald, the Australian Ambassador to Thailand. Speaking at the vibrant Techsauce Global Summit 2024, hosted at the iconic Queen Sirikit National Convention Center, Macdonald detailed the comprehensive strategies aimed at nurturing a thriving and secure region through technological innovations. “Technology is, of course, an integral part of that,” she passionately remarked. Responding to an inquiry from the Bangkok Post regarding Australia’s noticeable commitment to fostering sustainable tech and innovation within Southeast Asia, and particularly Thailand, Macdonald emphasized the necessity for ethical technology usage and robust social guidelines, ensuring universal safety. “But there is so much potential to use these technologies to recreate a better world,” she enthused, her vision for a brighter future glowing with optimism. At the heart of the summit, the Australian pavilion, meticulously organized by the Australian Embassy in conjunction with…

MSDHS Intervenes After Viral Video Shows Mothers Vaping Around Young Children: Minister Varawut Silpa-archa Responds

The Ministry of Social Development and Human Security (MSDHS) has taken swift action to support two young children after a concerning video surfaced online. The viral clip, which made waves last week, featured two young mothers, identified only by their nicknames Por, 22, and Nut, 19, casually vaping next to their kids—a tender eight-month-old infant and a sprightly two-year-old toddler. The controversial video was originally posted on the Red Skull Facebook page, sparking outrage and a barrage of criticism targeted at the mothers’ behavior. In defense, the video’s uploader retorted, “Everyone has their own parenting style. What you see might not be what you think. We raise our children happily in our own way. How does that bother anyone else?” This defense did little to quell the public’s concerns. Reacting to the uproar, MSDHS Minister Varawut Silpa-archa commented yesterday that the event took place in a house provided by a…

Thai Trucking Industry Crisis: Leaders Urge Government to Lower Diesel Prices or Increase Cargo Fees

Truckers in the Northeast are waving a red flag, urgently calling on the government to either lower the skyrocketing price of diesel or raise the cargo transport fees. Without these measures, they fear their trucks will soon become relics of the past, parked indefinitely. Wichai Sawangkhachon, the president of the Northern Transport Association (NTA), highlighted that nearly half of the over 10,000 trucks owned by the 700 member businesses of the NTA are currently gathering dust. A staggering 3,000 trucks have been repossessed by finance companies due to unpaid loans, a situation Wichai describes as dire. The key culprits behind this trucking nightmare? Blame it on the soaring diesel prices and a noticeable dip in demand for truck transport services. Wichai emphasized that these twin factors are driving truckers out of business at an alarming rate. The impact of these hurdles isn’t just theoretical—it’s being felt on the ground, where…