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CPALL reports drop in profit by 40 per cent as customers declined during lockdown months

CP ALL PCL (PCL) announced its second-quarter financial report through the Stock Exchange of Thailand (SET), stating that the sale and service revenue was impacted by the government’s measures to contain the COVID-19 pandemic.Kriengchai Boonpoapichart, the CPALL chief financial...

Cabinet’s approval only a “baby step” forward for medical marijuana but momentum is gaining

The cabinet's approval for patients and community doctors to produce medical marijuana is a good start but it could be years before the law is enacted, experts said. However, the move has reignited attention and demands are expected to increase...

Opinion: My dad told me stories of dictators fighting against students, now its our turn

My dad used to tell me the stories of the old days, when the students led movements against the dictators of their time.Stories of the Thammasat University massacre of October 6th, Black May, and my favorite, his involvement...

Thailand discovers five new cases of coronavirus in state quarantine on Wednesday

Thailand’s government said on Wednesday that it had discovered five cases of coronavirus in the last 24 hours in state quarantine.One of the patients is American while the rest are Thai returnees from Egypt (3) and India (1).   The new discoveries bring...

Student leaders say they are unconcerned with politicians urging caution

Student leaders told Thai Enquirer on Wednesday that they were unconcerned with political parties urging caution after a controversial rally on Monday which touched upon previously taboo topics in Thai society.Up to 10,000 students gathered on campus at...

7.5 per cent surge on MAKRO shares due to strong second-quarter results

Siam Makro PCL (MAKRO) shares rose up by 7.45 per cent to 43.25 baht per share on Tuesday morning trade (11:00 a.m.), increasing by 3.25 baht from 40.50 baht.The rise reportedly came as a result of the company's...

Forums to communicate with protestors will be set up around the country within a week, Prayut said

Forums will be set up around the country by mid-August to listen to the student protestors’ grievances and demands, Prime Minister Prayut Chan-ocha said on Tuesday.Prayut said last week that the government would set up forums to listen to...

Managing-director of Italian-Thai receives prison sentence for illegal possession of rifle

On Tuesday, Thailand’s Appeals Court sentenced Premchai Karnasut, the president of Italian-Thai Development Corp, to six months in jail for possessing a rifle without permission.According to local reports, the court charged Premchai under the Firearms and Ammunition Act 1947...

PTT net profit declines by 54 per cent while recovery in third quarter still challenging

PTT PCL, the largest oil and gas company in Thailand, has encountered a drop in demand for both petroleum and petrochemical products, leading to a slump in their earnings amid the COVID-19 pandemic in the second quarter.PTT and its...

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