OR discloses operating results for the first quarter of 2024, improving. From the previous quarter, all business groups had EBITDA of 6,173 million baht, net profit of 3,723 million baht, an increase of more than 100%, strengthening the potential of business operations. Aiming to be a Data driven Organization while creating a sustainable future.
Today (8 May) Mr Disthat Panyarachun, CEO of PTT Oil and Retail Business Public Company Limited or OR, disclosed that the company’s operating results in the first quarter of 2024 net profit totaling 3,723 million baht, improved by more than 100% from the previous quarter, calculated as earnings per share of 0.31 baht.
For EBITDA in the 1st quarter, it was 6,173 million baht, an increase of 3,650 million baht or more than 100% compared to the 4th quarter of 2023, with an increase in all business groups. The Mobility business group’s overall average gross profit per liter has improved. Similar to the Global business group, the average gross profit per liter was recovered in the Philippines.
For the Lifestyle business group, food and beverage retail businesses increased. and other retail business groups In terms of the overall picture, net operating costs fell.
The Morocco Tourism Awards, January 16 In Rabat
Supported by a certain number of partner media, the “Morocco Tourism Awards” aim to reward the actors and institutions who were the most active in 2023, who stood out for their creativity and their commitment, and who thus participate to the influence of the “Morocco” tourist brand both nationally and internationally, we indicate in a press release.
The objective of the “Morocco Tourism Awards” is to contribute to the dynamics of the sector. Especially since the year 2023 was marked by exceptional achievements and inspiring moments for the tourism sector, driven by committed women and men of tourism. A year in which the recovery is confirmed thanks to exceptional results and which opens up all possible fields for this strategic sector for the country which represents some 2.5 million direct and indirect jobs.
The prizes awarded during the “Morocco Tourism Awards” will reward all professions in the sector (hoteliers, tour operators, restaurateurs, guides, etc.), as well as the most popular destinations.
Votes for the selection of nominees were made mainly by journalists and press bosses from national media. A choice justified by the organizers to guarantee a certain neutrality and a critical look at the sector.
Healthcare Havoc: Cyberattack Strikes Major US Health Network
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Bappenas Gives Awards To Regional Heads With Best…
Bappenas gives awards to outstanding regional heads (MI)
THE MINISTRY of National Development Planning/National Development Planning Agency (Ministry of National Development Planning/Bappenas) has awarded the 2024 Regional Development Awards (PPD) to regions that have succeeded in achieving the best results in the preparation, implementation and innovation of development planning.
At the 2024 National Development Planning Conference (Musrenbangnas) at the Jakarta Convention Center on Monday (6/5), Minister of National Development Planning/Head of Bappenas Suharso Monoarfa said that the award was given as a form of motivation and appreciation to regional governments who have played an active role in regional development.
The 2024 PPD winners were selected through a comprehensive and creative evaluation of regional development planning. This award aims to encourage local governments to develop plans that are more consistent, comprehensive, measurable and implementable, as well as to increase synergy between central and regional planning.
Apart from that, the Ministry of National Development Planning/Bappenas is also holding the 2024 Regional Development Expo, an exhibition showcasing regional development innovations from all over Indonesia. It is hoped that PPD 2024 and Development Expo 2024 can become a collaborative platform for regional governments to introduce innovation and regional excellence in planning and to find solutions to overcome development challenges.
BANKNOTES The Ariary Continues To Be Printed Elsewhere
The Central Bank is not yet planning to produce its notes. According to explanations provided yesterday by the governor of this financial institution, the manufacturing of banknotes is a long and tedious process. It also requires a certain level of technicality and engineering which the Big Island does not yet have. “We have neither the printing works nor the technicians who are capable of supplying, for example, the papers which are used in the making of bank notes. There are several industries that specialize in the manufacture of a single component of banknotes such as filaments or even paper,” Aivo Andrianarivelo, governor of the Central Bank, explained yesterday.
The manufacture of banknotes is also constantly evolving. Hence the need to invest in research and development to strengthen the security of these notes and avoid counterfeits, which are increasingly inventive.
Some African countries have ventured into manufacturing their own currencies, without success. The coin industries had to close five or ten years later. And out of fifty-four countries on the continent, forty-three countries, including the Big Island, are totally dependent on European and American printing companies.
Printing money is also expensive. Because, yes, money can also be bought.
Pension Fund Costs National Bank An Extra 109…
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EU Investigation Into Chinese Cars: BYD, SAIC And…
#investigation #Chinese #cars #BYD #SAIC #Geely #provide #data
WATCH OUT FOR THOSE THREE – The European Commission points the finger at three Chinese producers – BYD, Saic e Geely – guilty, according to Brussels, of not having provided sufficient information in the investigation into possible aid from the Beijing government (here to find out more). The investigation, officially launched last October, aims to verify any state subsidies which would have distorted competition in Europe and could lead to duties on electric cars produced in China by local brands.
THE CHINESE DEFENSE – Saic responded to the allegations by saying it had “fully cooperated” with the EU and provided all necessary information, in accordance with World Trade Organization and EU rules. However, “it is worth underlining that the information commercially sensitive – like the formulation of batteries – should not belong to this category,” the company emphasizes in a message on WeChat. No comments however from Geery and BYD. The Chinese Chamber of Commerce responds to the EU by claiming that the accuse they are unfounded,
New York City Rental Costs Outpace Wages 7…
Date: [Current Date] Escalating Rents in New York City
New York City, long considered the pinnacle of the American Dream, is facing a mounting crisis as soaring rents outpace wage growth, making it increasingly difficult for low- and middle-income residents to find affordable housing options. According to a recent market analysis by economists at housing platforms Zillow and StreetEasy, the disparity between median rent and average wage increases in the city is the largest compared to any other major metropolitan region in the country.
Income Growth Lags Behind Rental Costs
While wages in New York City only experienced a meager growth of approximately 1.2% last year, median rents skyrocketed by 8.6%, according to the analysis conducted using Zillow rental data and statistics from the U.S. Bureau of Labor. This worrying trend paints a stark contrast to the national scenario, where average wages grew at a faster rate than rental costs.
Severe Housing Shortage Spurs Price Hikes
Economist Kenny Lee from StreetEasy attributes the surge in rental costs to a severe housing shortage, which plunges the city into a “vicious cycle” of price increases by landlords. Lee asserts, “The report really underscores the need for action.
Giorgetti On The Superbonus: Obligatory Credit Spread Over…
Home » Giorgetti on the Superbonus: “Obligatory credit spread over 10 years”
Business
by admin May 8, 2024
May 8, 2024
ROMA – Spread the Superbonus credits over ten years, instead of four, “it will not be an option, but an obligation”. Here is the formula for the debt-saving operation that the Minister of Economy Giancarlo Giorgetti customs clearance at Palazzo Madama, after a blind communication to the senators of the Finance Commission called to approve yet another decree that tries to contain spending on building bonuses.
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