Centel revenue up, profit down | Bangkok Post: business

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  • hotelsCentel revenue up, profit down

    28 Feb 2015 : SET-listed Central Plaza Hotel Plc (CENTEL) achieved consolidated revenue of 18.3 billion baht for 2014, up by 4.7%, as the prolonged political impasse that started in late 2013 stunted growth, says chairman Suthikiati Chirathivat.

  • TUF seeks funds to acquire Bumble Bee

    28 Feb 2015 : SET-listed Thai Union Frozen Products Plc (TUF) will raise funds through a new share issue totalling US$400 million.

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  • ECONOMY

    Seven non-bank institutions seek nanofinance licences

    26 Feb 2015 : The first seven non-bank financial institutions have submitted their applications to the Bank of Thailand for a nanofinance operator's licence.

  • ECONOMY

    Exports fall 3.46% in January

    26 Feb 2015 : January exports remained in the doldrums, with shipments falling by the biggest margin in five months.

  • STOCK MARKET

    Analyst: P/E ratios starting to look high

    26 Feb 2015 : The bubble is likely to pop in the Thai stock market, whose price-to-earnings (P/E) ratio is at a high of 15, and the proportion could climb further as listed companies' earnings growth slows, says one analyst.

  • MEDIA

    RLG targets 15% sales rise after major restructuring

    26 Feb 2015 : Rukluke Learning Group (RLG), a media group focusing on parenting and family content, expects sales growth of 15% to 560 million baht this year on its business restructuring.

  • AUTO PARTS

    Thai Rung eyes rebound for industry

    26 Feb 2015 : SET-listed Thai Rung Union Car Plc (TRU), a vehicle assembler and auto-parts maker, is bullish about its prospects after sales fell by 27% last year amid a sluggish domestic market.

  • Pace gets taste for gourmet profits

    26 Feb 2015 : SET-listed property developer Pace Development Corporation expects retail revenue from Dean & DeLuca, a US-based upscale gourmet grocer it recently acquired, will contribute half its net profit by 2018.

  • Vietnam adjusts new airport plan

    25 Feb 2015 : Vietnam has scaled down the construction plan for a new airport to serve Ho Chi Minh City by building only one runway instead of two.

  • Australia plans fees for foreign buyers

    25 Feb 2015 : SYDNEY — Australia plans to charge fees to foreign nationals buying residential property and fine those who break foreign investment laws in an attempt to cool one of the world's hottest property markets, but experts doubt it will make housing more affordable.

  • Thai exports shrink 3.5% in January

    25 Feb 2015 : Thai exports dropped 3.5% year-on-year in January to US$17.3 billion due to declines in farm-product exports, especially natural rubber and rice.

  • Losses widen at AirAsia X

    25 Feb 2015 : KUALA LUMPUR — Long-haul budget carrier AirAsia X suffered an after-tax loss of 519.3 million ringgit ($143. 5 million) in 2014 mainly due to high operating costs and currency depreciation, the company said late Tuesday.

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