Ngern Tid Lor Public Company Limited (TIDLOR) has truly made a mark in the financial realm as they unveil a striking performance for the initial nine months of 2024. With a sensational net profit of 3.186 billion baht, they’ve achieved an impressive 10.3% spike compared to last year. What’s fueling this stellar growth, you ask? Well, a whirlwind of factors have come together. The company’s total revenues have skyrocketed by 19.5% year-on-year, all thanks to a blend of increased interest income stemming from the relentless expansion of their credit loan business. Not to mention, they’ve ingeniously sculpted their net interest margin strategies, and their insurance brokerage sector continues to flourish, adding handsome chunks to their coffers in the form of fee and service income. Zooming into the third quarter of 2024, TIDLOR showcases a revenue surge of 16.1% YoY, sealing the deal with a net profit of 990.6 million baht.…
THAI.NEWS - Thailand Breaking News
Prime Minister Paetongtarn Shinawatra welcomed her Singaporean counterpart, Lawrence Wong, with all the pomp and circumstance one would expect during his inaugural official visit to Thailand on Thursday. Strolling down the red carpet at Government House, they reviewed a guard of honour—an event that simply buzzed with diplomatic gravitas. The Singaporean leader, recently appointed in May, was not only the first head of government from abroad to visit Ms Paetongtarn but also marked a well-timed celebration of nearly six decades of camaraderie between the two nations. With Thailand being amongst the first to recognize Singapore’s independence back in August 1965, both sides are gearing up for a grand 60th anniversary of diplomatic ties. As tradition held, Mr. Wong’s arrival was punctuated by a key ceremony—a memorandum of understanding was signed to offer Thai civil servants postgraduate scholarships. Talk about a perfect welcome gift! At a joint press conference, Ms Paetongtarn…
The dynamic evolution of Sikhio into a cutting-edge smart city stands as a testament to the incredible achievements of the Ministry of Digital Economy and Society (MDES) and the Digital Economy Promotion Agency (depa). The SIKHIO SMART LIVING project is nothing short of a revolution, crafting a city that’s not only smart but sensibly oriented towards the needs of its citizens. From enhancing safety to redefining how public services are delivered, this project has placed Sikhio on the digital map with a focus on urban data management that truly empowers its communities. The brain behind this transformation, Assistant Professor Dr. Nuttapon Nimmanphatcharin, President and CEO of depa, reveals how the project’s backbone is the strategic collaboration between MDES and depa. Together, they have driven technological advancements to their full potential, realizing improvements in public services, urban management, and social development across the Sikhio District. Depa’s mentoring prowess connects the city…
The second half of 2024 saw an unprecedented deluge affecting a significant portion of Thailand. Of the 77 provinces, an unfortunate 42 experienced severe flooding. This water blitz resulted in the tragic loss of at least 50 lives and incurred damage costs running into billions of baht, severely affecting both properties and farmland. Among the hardest hit were the northern regions, particularly the stunning landscapes of Chiang Rai and Chiang Mai. In a rare occurrence, the Ping River, which serenely snakes through Chiang Mai, spilled over its banks, prompting a massive boat-led evacuation effort. The scale of the flooding prompted many to ask: what triggered such widespread chaos? One glaring cause lies in the management of hydropower dams located further upstream, notably in neighboring China and Laos. These structures, while providing substantial energy solutions, inadvertently contribute to acute flooding conditions when they release water, exacerbating erosion along riverbanks and leaving…
In the predawn hush of Friday morning, a startling incident unfolded in Samut Sakhon province that left an indelible mark on Rama II Road. The atmosphere was thick with the anticipatory vibrations of a bustling day ahead, yet it was the unexpected rumbling collapse of the launching gantry crane that seized the attention of the waking world. Alongside it tumbled the precast concrete segments, turning the stillness into a cacophony of chaos. The catastrophe befell the construction site of the soon-to-be M82 inter-city motorway’s Ekachai-Ban Phaew stretch, marking 4:13 AM as an unfortunate timestamp of turbulence. As dust clouded the early light, the harsh reality set in—four dedicated construction workers tragically lost their lives, while a further ten individuals were caught in the jaws of the disaster, nursing injuries that would remind them of the brittle nature of man-made leviathans. Arriving at the distress-ridden scene, Samut Sakhon’s governor, the dutiful…
Are you feeling the itch for a change of pace, but the thought of long-distance travel makes you cringe? Well, fret not, because Bangkok is calling your name for the ultimate staycation experience! Picture this: immersive luxury, unwinding in style, and embracing the buzz all within the electrifying outskirts of Thailand’s heartbeat city. We’ve handpicked the crème de la crème of hotels for an unforgettable staycation in Bangkok—perfect for recharging your spirit while enjoying a mini-vacation right at home! What is a Staycation? Imagine a vacation where the only flights you worry about involve ascending to the blissful heights of luxury hotel rooms or descending into the opulence of spas and gourmet dining. That’s a staycation in a nutshell! Instead of the usual hustle with airports and luggage tags, you step into a world where holiday joys bloom within your city or close to it. A staycation in Bangkok offers…
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In the vibrant political landscape of Thailand, former Prime Minister Thaksin Shinawatra has once again stepped into the limelight, wielding his considerable influence and charisma. On November 14, Thaksin was spotted rallying support for the Pheu Thai Party during a spirited campaign event in Ban Dung district, Udon Thani. This colorful occasion saw Thaksin lending his star power to the party’s candidate, who was poised for the November 17 Provincial Administrative Organisation (PAO) chair election—a date marked with anticipation and political fervor. Hot on the heels of this successful venture, Thaksin is extending his campaign tour to several strategic locations, including Ubon Ratchathani, Chiang Mai, and Si Sa Ket. Fresh from the triumph in Udon Thani, sources reveal that Thaksin has planned a visit to Ubon Ratchathani on December 11, coinciding with the first day of candidacy applications. This stopover will see Thaksin intermingling with local supporters at the residence…
In a landmark moment of regional diplomacy, Prime Minister Paetongtarn Shinawatra stood alongside her Singaporean counterpart, Lawrence Wong, as they reviewed an impressive guard of honour at the Government House. Mr Wong’s inaugural official visit to the vibrant lands of Thailand marks a significant chapter in Singapore-Thailand relations, carrying the echoes of a partnership rooted deep in history. As the duo navigated the corridors of international cooperation, weighty themes like food security, energy assurance, the burgeoning green economy, and the ever-evolving digital connectivity took center stage. This diplomatic tête-à-tête heralded Mr Wong’s first foray into Thailand since ascending to office in May, and it carried with it the hopes and aspirations of a 60-year-old alliance set to celebrate its diamond jubilee. A glance back at history tells us that Thailand was among the earliest to extend a warm hand of recognition to Singapore after it declared independence on the iconic…
Spanning majestically over the Chao Phraya River, the new King Rama X Bridge, also known as Thotsamarachan Bridge, stands as a testament to modern engineering and Thailand’s ongoing infrastructure advancements. Running parallel to its illustrious neighbor, the Rama IX Bridge, this awe-inspiring cable-stayed structure is set to become a staple of the nation’s landscape and a pivotal part of Bangkok’s outer ring road, specifically along the west section of the Rama III-Dao Khanong elevated expressway. The excitement is palpable, as Exat Governor Surachet Laophulsuk has proudly announced that His Majesty the King will grace the bridge’s opening ceremony on December 14. Officially named “Saphan Thotsamarachan,” the bridge is poised to open to vehicles by late December or, at the very latest, early January, effectively connecting the dots between the Rama III-Dao Khanong expressway and the expansive Western Beltway of Bangkok. This magnificent 780-meter stretch traverses the Chao Phraya, linking the…