BlueScope Steel said stronger steel demand and higher prices have seen its half-year profit surge. Net profit rose by nearly 80 per cent to $359 million for the six months to the end of December compared to the first half of 2016. Sales revenue rose by 17 per cent to $5.1 billion. Before…
Pikun Srimahunt, head of Siam Commercial Banks mortgage business division and small-business products, said the bank would put more emphasis on how to help small enterprises sustain their business. Although the domestic economy is likely to improve this year, global uncertainties surrounding new US trade policies and Chinese tourism might have indirect impacts on small…
Adelaide-based oil and gas producer Santos has been dragged deeply into the red by a billion-dollar write-down on its massive investment in Queensland’s nascent LNG export sector. Santos reported a full year loss of $US1.05 billion ($1.4 billion) on the back of a previously flagged post-tax $US1.1 billion impairment charge on the company’s…
Virgin Australia expects to launch direct services between Australia and mainland China, Hong Kong and a another South East Asian city in the next 12 months as part of the airline’s first major international push for six years. Virgin on Friday announced the launch of a new route between Australia and Hong Kong mid-year as…
Andrew Baxter, MD of Europa Worldwide Group Managing director of Europa Worldwide Group one of the largest independent logistics operators Andrew Baxter, who has more than 20 years experience in the freight industry, says restructuring should take place when a business is flying high. Andrew lives with his family in Notts, from where at the…
The Longwood Small Business Development Center recently announced plans to restructure the organization to create Western, Central and Eastern Regions for its coverage area. When you think of Longwood SBDC, you probably think of us as being local to this region and we are, Longwood SBDC Executive Director Sheri McGuire said. What you dont realize…
BI Intelligence See Also THE REVERSE LOGISTICS REPORT: How retailers can save money by making returns smoother in the e-commerce age RETAIL FORECAST: U.S. consumers will spend $632 billion online by 2020 Same-day shipping is key to fighting Amazon This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please…
BI Intelligence See Also THE REVERSE LOGISTICS REPORT: How retailers can save money by making returns smoother in the e-commerce age RETAIL FORECAST: U.S. consumers will spend $632 billion online by 2020 Same-day shipping is key to fighting Amazon This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please…
Credit Suisse will examine a broad range of options for its domestic operations and may find one which is more attractive for shareholders than the planned listing of 25 per cent of the business, Tidjane Thiam, chief executive, said on Tuesday. The comments came as fourth-quarter results showed a healthier capital ratio than expected and…
Mr Narongchai says the next task is empowering staff to continue the work hes started at THAI. Photo by Pornprom Satrabhaya One of the key figures in Thai Airways International’s business restructuring plan, chief financial officer Narongchai Wongthanavimok, has a clear vision of both where the company has been and what’s on the horizon after…