Ngern Tid Lor Public Company Limited, affectionately known as TIDLOR, has carved yet another notch on its belt of achievements. Spearheaded by the dynamic Pakamon Tulyapizitchai, SVP of Digital Transformation, TIDLOR has triumphantly snagged the Techsauce Awards 2024 under the prestigious category of “The Sauciest Corporate.” This accolade not only illuminates TIDLOR’s unfaltering dedication to innovation and ground-breaking S-curve strategies but also underscores its superior organizational management and cutting-edge technological advancements within the realms of sustainable vehicle title loans and insurance brokerage services. With a gleaming smile, Pakamon shared, “This award is a crystal-clear testament to our relentless efforts in pushing the frontiers of innovation and technology, ensuring we meet and exceed our customers’ expectations. It propels our mission of delivering unparalleled customer experiences, propelling our organization towards sustainable growth. Moreover, it seals our resolve in laying down a robust InsurTech foundation.” Over the years, TIDLOR has firmly rooted itself…
THAI.NEWS - Thailand Breaking News
Charoen Pokphand Foods PCL (CP Foods) has sent ripples through the industry with a jaw-dropping rebound in its Q2/2024 performance, smashing even the loftiest of expectations. The company posted an astounding net profit surge of 973%, a roaring tenfold increase, powered largely by its vibrant international operations. To sweeten the deal, CP Foods has also declared an interim dividend of THB 0.45 per share for its shareholders. In financial terms, the numbers are nothing short of spectacular. CP Foods tallied Q2/2024 sales revenues at a staggering THB 149,498 million. A whopping 64% of this revenue flood originates from overseas ventures, with 30% from its robust Thai businesses and a modest but noteworthy 6% from exports leaving Thailand. The net profit for this quarter? An eye-popping THB 6,925 million—marking a 973% leap compared to the same quarter last year. This monumental growth is largely the result of a beefed-up gross profit…
The Love Pride Parade 2024, celebrated with immense enthusiasm, kick-starts the vibrant Pride Month in June. (Photo: Varuth Hirunyatheb) Thailand is stepping up its game in the global LGBTQIA2S+ rights arena, signaling its bold ambitions to host the InterPride World Conference in 2025 with an eye on WorldPride by 2030. The Thailand Convention and Exhibition Bureau (TCEB) recently orchestrated a pivotal event titled “Thailand Announcement — Unity in Action: Thailand’s Next Steps in Equality.” This significant gathering commemorated the historic passage of the Marriage Equality Bill, while underlining the Thai government’s unwavering zeal to push forward with gender equality nationwide. Former Prime Minister Srettha Thavisin took the stage with a compelling keynote speech, “Towards Equality and Unity: Announcing Thailand’s Advancements in Marriage Equality Legislation and Readiness to Host WorldPride.” Thavisin passionately reiterated the government’s long-term vision to bolster gender equality, paving the way for an inclusive society that not only…
The Department of International Trade Promotion (DITP) under the Ministry of Commerce, in collaboration with both the Air-Conditioning and Refrigeration Industry Club and the Electrical and Electronics Industry Club, which operate under the Federation of Thai Industries, is gearing up to host the Bangkok Refrigeration, Heating, Ventilation, and Air-Conditioning 2024 (Bangkok RHVAC 2024) and Bangkok Electric and Electronics 2024 (Bangkok E&E 2024). Expect to be dazzled by the latest and most innovative products from renowned local and international manufacturers. This grand event, themed “One Stop Solutions for Net Zero Future,” will take place from September 4-7, 2024, at BITEC, Bangkok. Ms. Natiya Suchinda, the Deputy Director-General of DITP, shared that these events are celebrated as the largest trade fairs in Southeast Asia for their respective industries. Thailand’s HVACR and E&E industries have consistently stayed ahead of the curve, creating products that meet global standards and garnering worldwide admiration. This notoriety…
Sumo wrestlers at the ‘Siam Paragon The Wondrous Japan Heritage’ on July 3, 2023, celebrating 136 years of Thai-Japanese diplomatic relations and the 50th anniversary of Asean-Japan ties. Siam Piwat If one were to review the enduring relationships between the world’s developed and developing countries to identify the most successful donor-recipient partnerships grounded in mutual respect, goodwill, and enduring friendship, the Japan-Thailand relationship would undoubtedly stand out. Amid the intense geopolitics of the Cold War era, Thailand, standing on the frontline against the looming domino effect, aligned with the free-world movement. Japan, stepping in as a dedicated and eager ally, played a pivotal role in assisting Thailand’s transition. Japan’s technical assistance, soft loans, grant aid, scholarships, and direct foreign investments were critical to Thailand’s socio-economic development. These contributions were instrumental as Thailand transitioned from a commodity exporter and import-substitute industrial state to a thriving export-led economy, joining the ranks of…
In a gripping turn of events, the Court of Appeal Region 9 has handed down a dramatic sentence involving the murder of a Malaysian businessman back in 2015. This Wednesday, at the Songkhla Provincial Court, it was revealed that five out of the seven individuals implicated in this high-profile case have been sentenced to death. The individuals condemned to capital punishment include Yutthasak, Tan, Thanadech, Nongyao, and Apichon (last names withheld). They were all found guilty in the murder of 44-year-old Malaysian businessman, Lee Ah Han. This plot to eliminate Lee was morbidly executed to eliminate a staggering 120-million-baht debt. The narrative took a partially redemptive twist when Ekapol, the gunman, and Shinapat, the driver, had their death sentences commuted to life imprisonment. Their willingness to plead guilty played a pivotal role in this change of fate. Tan, who shares Malaysian nationality with the victim, masterminded the entire scheme. He…
The Ministry of Transport has rolled out the red carpet, inviting Japanese companies to pour their investments into the expansion networks of the Red Line electric train system. On a media briefing this past Wednesday, Transport Minister Suriya Jungrungreangkit conveyed his warm welcome to the newly appointed Japanese ambassador, Otaka Masato, who assumed his duties in Thailand just the day before. Diving into the depths of transport cooperation between Thailand and Japan, both parties delved into ongoing railway projects fostering stronger ties between the two nations. Central to these discussions was Thailand’s request for Japan’s expertise in maintaining the Red Line suburban railway. With Japan’s advanced railway technology and impeccable maintenance practices, they seemed like the perfect heroes to come to the rescue. Mr. Suriya didn’t stop there. He took the opportunity to roll out the red carpet further by inviting Japanese companies to invest in the extensive expansion projects…
In a vibrant display of unity and celebration, Thailand is setting the stage for a progressive future by championing LGBTQ+ rights with unyielding fervor. As Pride Month unfurls its rainbow flags in June, the nation is not just celebrating its diverse communities but is gearing up for a grander vision: bidding to host the illustrious InterPride World Conference in 2025, and with aspirations soaring high, eyeing the WorldPride in 2030. In a bid to solidify its stance and commitment to equality, the Thailand Convention and Exhibition Bureau (TCEB) orchestrated a monumental event dubbed “Thailand Announcement — Unity in Action: Thailand’s Next Steps in Equality,” this past Tuesday. The highlight of the event was the joyous acknowledgment of the Marriage Equality Bill’s landmark passage, a testament to the government’s drive to advance gender equality across the nation and beyond. Former Prime Minister Srettha Thavisin, a stalwart supporter of inclusivity, graced the…
The Agriculture and Cooperatives Ministry has initiated a robust series of inspections that could spell the end for over 400 resorts found encroaching upon public land in the picturesque Wang Nam Khieo district of Nakhon Ratchasima. Spearheading this mission is Thanadol Suwannarit, the indomitable chairman of the ministry’s task force on illegal land ownership under the Agricultural Land Reform Office (Alro). In a dramatic joint operation on Tuesday, the task force—bolstered by the Anti-Money Laundering Office (Amlo) and the Department of Special Investigation (DSI)—descended upon the Golden Mountain Resort in clifftop tambon Wang Nam Khieo. Nestled on an expansive 73 rai of prime real estate, the Golden Mountain Resort is collectively owned by a former local political heavyweight, Kamnan Nor, and his two business partners. Kamnan Nor, who boasts a storied political career, represented Nakhon Ratchasima as an MP from 2007 to 2018, switching allegiances among parties like the Puea…
The House of Representatives will be convening this Friday to cast their votes for a new prime minister, following the court-ordered dismissal of Srettha Thavisin on Wednesday. In a prompt move, House Speaker Wan Muhamad Noor Matha sent an urgent notice to all MPs on Wednesday evening. The message directed them to assemble at 10 am on Friday, according to the House’s secretary-general, Arpath Sukhanunth. Wisuth Chainarun, the government chief whip from the Pheu Thai Party, mentioned that both government and opposition party representatives, along with the caretaker cabinet, concurred on the necessity of holding the vote promptly. Government whips are scheduled to meet on Thursday to discuss potential prime ministerial candidates. “Leaders of coalition parties will have internal discussions on the candidates within their parties,” said Mr. Wisuth. Only those candidates who were listed before the May 2023 general election are eligible. With Mr. Srettha no longer in the…