Connect with us
CGIF-10th-Year-Anniversary

Corporate

Thai Airways back to profit

Thai Airways International Public Co., Ltd. has reported an increase in its first quarterly profit, which stands at 3.64 billion baht, while adjusting its strategies to deal with the rising fuel price and fierce competition.

Boris Sullivan

Published

on

Thai Airways International Public Co., Ltd. has reported an increase in its first quarterly profit, which stands at 3.64 billion baht, while adjusting its strategies to deal with the rising fuel price and fierce competition.

Thai Airways President Piyasvasti Amranand has disclosed that the national carrier has made a net profit of 3.64 billion baht during the first quarter of 2012, thanks to the increased foreigner influx into the country following the end of the flood crisis. Even though the rising fuel price and the fierce market competition at present are still impacting the company’s overall performance, Thai Airways has responded by improving its services, adjusting ticket sales strategies, as well as modifying flight schedules, routes and frequencies, in order to correspond to the passengers’ needs.

During the first three months of 2012, Thai Airways saw a total passenger count of 5.16 million, a Revenue passenger kilometer (RPK) of 15.6 billion/km, and 78.2% in cabin factor. THAI reports THB3 bil profit in Q1 : National News Bureau of Thailand

Comments

Corporate

Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam

The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.

Pr News

Published

on

By

Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

(more…)
Continue Reading

Business

Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

Pr News

Published

on

By

Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

(more…)
Continue Reading

Corporate

Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval

With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

Olivier Languepin

Published

on

Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval  for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,413 other subscribers

Trending