ASW recently shared its stellar performance for the first half of 2024, achieving a groundbreaking 4.642 billion baht in total revenue, which catapulted the company to new heights with a record profit of 849 million baht. This remarkable achievement signifies a year-on-year surge of 54% in revenue and an astounding 93% increase in profit. The company’s first-half sales figures stood at an impressive 10.73 billion baht, thanks to the overwhelming response to two new projects in Phuket under the “THE TITLE” brand. Following this robust growth, TRIS Rating upgraded ASW’s credit rating outlook to “BBB-/Positive.” Currently, the company boasts a projected backlog valued at 23.678 billion baht. As we move into the second half of the year, ASW plans to launch six new condominium and horizontal projects valued at 11.76 billion baht, alongside a foray into the Health & Wellness sector to bolster its Recurring Income portfolio. The company remains…
THAI.NEWS - Thailand Breaking News
In an inspiring venture to uplift Thai education, Octava Foundation and Starfish Education have embarked on a transformative journey through their Future School Transformation Program. This collaboration, which aligns with the shared vision of both nonprofit organizations, aims to harness educational innovations for the holistic benefit of Thai students. Octava Foundation, based in Singapore, and Starfish Education from Thailand, are joining forces to bring sweeping changes to the education sector in Thailand. Their mutual goal is to create a lasting positive impact on society by enhancing educational opportunities, especially for underprivileged children. The program is set to provide substantial support, totaling over 7.5 million Thai Baht, to ten marginalized schools across Thailand over a three-year period, from 2024 to 2026. The Future School Transformation Program has set its sights on three primary goals: Boosting Basic Literacy Skills: The program emphasizes the vital importance of the 3R Innovation curriculum — reading,…
The LONGINES SPIRIT ZULU TIME stands as a testament to the brand’s century-old mastery in crafting multiple time-zone watches. Making its debut in the collection last year, the 39 mm model now enjoys a new iteration in Grade 5 titanium—an alloy famed for its impressive durability while being incredibly lightweight. This genuine tool-watch boasts unparalleled precision, courtesy of its exclusive Longines GMT calibre, validated as a chronometer by the COSC (Contrôle Officiel Suisse des Chronomètres). In 2022, the Longines Spirit collection welcomed the Spirit Zulu Time, drawing its name from the first Longines dual time-zone wristwatch presented in 1925. This pioneering piece proudly displayed the Zulu flag on its dial, with Zulu denoting the letter Z, a universal time reference embraced by aviators and sailors alike. Driving the model is the exceptional Longines GMT calibre L844.4, featuring a silicon balance-spring and pioneering components. These attributes endow the watch with resistance…
The LONGINES SPIRIT FLYBACK epitomizes the adventurous spirit that has always fueled the revered winged hourglass brand. This celebrated collection is now further distinguished with the introduction of two exquisite versions: one in steel paired with 18-carat yellow gold, and the other in steel matched with 18-carat rose gold. Adorned with striking green or rich brown dials, these authentic pilot’s timepieces boast state-of-the-art precision, thanks to their exclusive Longines calibre, which is not only resistant to magnetic fields but also proudly chronometer-certified by the COSC (Contrôle Officiel Suisse des Chronomètres). In 2024, the Longines Spirit Flyback line is poised to expand even further. These new editions feature elegant green or brown dials complemented by sleek ceramic bezel inserts, all housed within cases crafted from a harmonious blend of steel and 18-carat gold. Introduced just last year, this line signals a new chapter in the illustrious history of Longines pilot’s watches.…
Thursday was a tense day at Suvarnabhumi Airport as quick-thinking authorities thwarted an audacious smuggling operation involving four Hong Kong nationals. The Office of the Narcotics Control Board (ONCB) reported that the suspects were apprehended while attempting to transport a nefarious haul of 14 grams of heroin cleverly concealed in candy boxes. This ingenious method might have worked, but not under the vigilant eyes of the airport’s sharp security team. The bust, which occurred on a bustling Thursday evening, unearthed more than just drugs. Luggage, phones, and passports belonging to the four arrested individuals were also seized. The ONCB, always vigilant, swooped in just in time to intercept what they believed was a well-coordinated operation to funnel narcotics from Thailand to the streets of Hong Kong. The suspects had a meticulous plan. Investigations revealed that the group had arrived in Thailand on the 11th of August. They maintained a low…
In a heart-stopping moment that seemed to defy fate itself, a man walked away alive from what could have been a tragic tale in Thung Song district, Nakhon Si Thammarat. On a seemingly ordinary Friday, his car became an unfortunate victim of a crash with a south-bound passenger train. Yet, luck was on his side – the driver escaped with just injuries. According to Pol Capt Sunan Nunong, deputy investigation chief at Kapang police station, the mishap unfolded late Friday morning, a stone’s throw—specifically, 200 meters—away from the Ti Wang railway station. As the clock ticked toward 10:30 am, a scene straight out of an action thriller was set. A Toyota, bearing Nakhon Si Thammarat license plates, lay battered and bruised near the railway tracks, its front crumpled like an accordion. The driver’s name? A mystery yet to be uncovered. He was swiftly taken to Thung Song Hospital before a…
Chia Tai Seed by Chia Tai Company Limited, Thailand’s premier agricultural innovation company, is absolutely elated to share some fantastic news! Ms. Jarunee Buaboocha, the Assistant Vice President of Research and Development in the Seed Business division, has been honored with the illustrious 2024 Outstanding Senior Plant Breeder Award by the esteemed Plant Breeding and Multiplication Association of Thailand. This spectacular accolade shines a spotlight on Ms. Jarunee’s remarkable contributions to the field of plant breeding. With an impressive career spanning over 35 years, she has been an undeniable powerhouse, pioneering the development of high-quality plant varieties that have garnered admiration both within Thailand and across the globe. Among her celebrated creations are innovative watermelon varieties such as the Sonya Plus and Century Star, as well as distinguished pumpkin varieties like Thong Ampai, Thong Amphan, and Thong Siam. But Ms. Jarunee’s brilliance doesn’t stop there. As the guiding light of…
On an eventful Friday, the House of Representatives convened to write a new chapter in Thailand’s political saga, electing Pheu Thai Party leader Paetongtarn “Ung Ing” Shinawatra as the 31st prime minister. With 139 votes in favor, 145 against, and 27 abstentions, Paetongtarn clinched the title, marking a significant victory amid a swirl of political drama and family legacy. The morning kicked off with Sorawong Thiengthong, Pheu Thai’s secretary-general, seizing the moment to nominate Paetongtarn as the prime ministerial candidate. When Parliament President Wan Muhamad Noor Matha struck the gavel at 10 a.m., the floor was set for political fireworks. The motion garnered robust support from 291 MPs. Although Paetongtarn, 37, was conspicuously absent, her candidacy was fervently debated before the voting commenced at precisely 11:11 a.m. The final tally was officially declared at 12:34 p.m. Out of the 493 elected House representatives, Paetongtarn needed a simple majority of 248…
The unveiling of JAI by ONESIAM by Siam Piwat, a premier real estate developer, signifies a milestone in luxury lifestyle enhancement. It isn’t just a private club but an ecosystem of collaboration and innovation, paving the way for unparalleled luxury experiences. This groundbreaking initiative is a testament to Siam Piwat’s unwavering leadership in the luxury retail sector, appealing to Thailand’s affluent elites while expanding its influence globally. JAI by ONESIAM isn’t your typical exclusive club. It stands apart with its use of non-tradable, soul-bound NFTs, which serve as security measures and gateways to bespoke experiences and global events. This unique approach ensures the club remains exclusive, fostering a close-knit community of like-minded individuals. At the Techsauce Global Summit 2024, Southeast Asia’s grandest tech gathering hosted at the Queen Sirikit National Convention Center, business development dynamo Momori Hirabayashi from Siam Piwat Co. Ltd., together with founding members Chayapa Chutrakul, CEO of…
Myrex (Thailand), a dominant force in the global cookware and bakeware arena, is making a grand re-entry into the 35-billion-baht kitchenware domain with its two avant-garde stainless steel collections—the White Steel Series and the Luna Series. This is a significant comeback for the company into the stainless steel segment after a hiatus of 25 long years. With this audacious launch, Myrex aspires to notch up a 15% sales boost by the close of 2024, casting its net wide to allure home cooking aficionados spanning every generation. Joseph Lo, the astute General Manager and Director of Meyer Industry Limited and Myrex (Thailand), divulged the company’s strategic roadmap to fortify its stature as a preeminent pioneer in cookware technology. Nestled in Thailand’s bustling Laem Chabang Industrial Estate, Myrex boasts an impressive production prowess of crafting over 150,000 pieces each day. 2023 painted a rosy picture for the company with a staggering 30%…