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THAI expects relisting, to resume trading in August
THAI expects relisting, to resume trading in August

Bangkok Post

timea day ago

  • Business
  • Bangkok Post

THAI expects relisting, to resume trading in August

Thai Airways International (THAI) expects to resume trading on the Stock Exchange of Thailand (SET) early next month, while reaffirming its commitment to the maintenance, repair, and overhaul (MRO) investment at U-Tapao Airport. CEO Chai Eamsiri said Monday the company is awaiting confirmation of the official relisting date this week. Although global markets have been affected by recent US tariff policies, THAI only anticipates a limited indirect impact. The company views its return to the SET as an attractive opportunity for investors, particularly with the high tourism season approaching. THAI remains confident in its financial stability following a successful rehabilitation, Mr Chai said. On June 16, the Central Bankruptcy Court officially lifted the airline's rehabilitation status after it met all conditions outlined in its restructuring plan. These included a capital increase to support equity restructuring; full compliance with debt repayment terms; achieving earnings before interest, taxes, depreciation and amortisation (EBITDA) of 40.3 billion baht -- well above the 20-billion-baht benchmark -- and returning to positive shareholder equity; and the appointment of a new board of directors. Despite the second quarter typically being a low season, Mr Chai said, THAI reported a solid performance. Passenger traffic from China has remained steady, mostly comprising independent travellers and transit passengers. The airline, meanwhile, has seen increased passenger numbers from Europe during this period. Regarding the MRO project at U-Tapao, Mr Chai addressed the recent cabinet resolution that revoked THAI's access to land in the Eastern Economic Corridor (EEC), following its transition from a state enterprise. He said the company expects the EEC Office to either reopen the project for bidding under a public-private partnership model or offer the site under a lease agreement. THAI reaffirmed its commitment to the project, highlighting its potential to stimulate investment and economic growth.

‘Offer engaging news to draw youths'
‘Offer engaging news to draw youths'

The Sun

time2 days ago

  • General
  • The Sun

‘Offer engaging news to draw youths'

PETALING JAYA: As younger generations scroll past headlines in favour of snappy social media updates, an academic has called on traditional news outlets to rethink how they could connect with youths. Universiti Sains Malaysia (USM) School of Communication faculty member Dr Chai Ming Hock said youth around the world are increasingly turning to social media for news, often preferring bite-size content over lengthy, in-depth articles. 'Social media platforms, with their rapid speed and interactive features, have proven to be a more attractive option for the youth, who tend to have shorter attention spans,' he said. He pointed to the education system as a contributing factor to the dwindling interest in in-depth news consumption, partly blaming it for the current situation. 'Children are taught to accept information without asking many questions. The result is a generation that doesn't necessarily engage with news on a deeper level,' he noted. To bridge this gap, Chai suggested that traditional news outlets should not attempt to compete with social media on its own terms such as chasing after clickbaits or viral trends. Instead, the former journalist said mainstream media should focus on providing in-depth analyses and investigative journalism that go beyond the surface level of events. 'Why would I pay for information that I can easily get for free on social media? Traditional media should differentiate itself by offering quality commentary and exclusive reports on serious issues, such as the performance of elected representatives.' However, he acknowledged the youth's preference for social media and recommended that traditional media outlets leverage these platforms to engage with younger audiences. 'Use social media to highlight news stories that matter. By reaching young people, traditional media can maintain a connection and attract their attention.' Despite that, news outlets should not be focused on competing with social media's pace or sensationalism, he added. 'Social media is perfect for quick consumption but traditional media has the opportunity to go deeper, offering context and analyses that are simply not possible in short, bite-size content,' he said. Chai also pointed out that traditional media must drop its arrogance and make more effort to engage with its readers. He recounted his own experience with a journalist from an English-language newspaper, whose response to an inquiry was dismissive: 'I have no time to entertain someone like you'. In another instance, a local Malay-language newspaper used the incorrect spelling of 'George Town' and defended it as a matter of 'house style'. Chia said this illustrates a broader issue of arrogance in some parts of the media industry. 'When readers take the time to write in with their concerns or corrections, it's a sign that they care about the publication. Media must be open to feedback and respond constructively.' He added that traditional media should create more reader-engaging initiatives such as talk shows, podcasts and forums for interactive discussions, which could be used to gather insights and feedback from readers while offering solutions to pressing social issues. 'Media outlets also need to invest in their journalists and encourage them to produce exclusive, investigative pieces that offer valuable insights to the public. This is where traditional media can truly excel.' He said while social media may provide the speed and accessibility that younger readers crave, traditional media outlets can continue to attract and engage readers by offering comprehensive analyses, engaging content and, most importantly, a commitment to respecting and engaging with their audience. 'Ultimately, the key to surviving in the digital age is not about competing with social media. It's about offering something that social media can't – which is in-depth, trustworthy journalism.'

New movies out this week: July 17-23
New movies out this week: July 17-23

Bangkok Post

time7 days ago

  • Entertainment
  • Bangkok Post

New movies out this week: July 17-23

New releases that hit cinemas in Thailand this week. Karate Kid: Legends Directed by Jonathan Entwistle. Who's in it? Jackie Chan, Ben Wang and Joshua Jackson. What's it about? After kung fu prodigy Li Fong relocates to New York City, he attracts unwanted attention from a local karate champion and embarks on a journey to enter the ultimate karate competition with the help of Mr. Han and Daniel LaRusso. Why watch it? Ralph Macchio was 63 at the time of this film's release, 12 years older than Pat Morita was when "The Karate Kid' (1984) was released. Smurfs Directed by Chris Miller. Who's in it? Natasha Lyonne, Hannah Waddingham and Kurt Russell. What's it about? When Papa Smurf is taken by evil wizards Razamel and Gargamel, Smurfette leads the Smurfs on a mission to the real world to save him. Why watch it? During release, all Smurfs movies from the 21st century have had Smurfette voiced by a famous singer in The Smurfs (2011) and its sequel The Smurfs 2 (2013), she is voiced by Katy Perry, in Smurfs: The Lost Village (2017), she is voiced by Demi Lovato, and in this movie, she is voiced by Rihanna. Directed by Phawat Panangkasiri. Who's in it? Nek Naruepol, Toomtam Yuttana, Surapol Thongduang and Kan Tasana. What's it about? Tragedy strikes when, during a sacred ritual, Chai suffers a horrifying death. Rumour spreads among his mor lam troupe that his death was caused by a violation of the sacred rite known as 'Khai Aor'. Troupe member Ken begins to suspect there may be more to Chai's death and sets out to uncover the truth. Why watch it? The truth is hidden beneath layers of belief and faith. Directed by Kim Soo-jin. Who's in it? Lee Sun-bin, Han Soo-a and Kim Min-Seok. What's it about? A woman with a hearing impairment who is haunted by sounds linked to her sister's disappearance and the presence of a malevolent spirit. It leads to a dark secret and the revelation of a mysterious entity. Why watch it? Kim Soo-jin's feature film debut. Directed by Abhilash Chandra and Syafiq Yusof. Who's in it? Sharnaaz Ahmad, Syafiq Kyle and Shukri Yahaya. What's it about? A group of close-knit men working in an 'elite security' organization providing protection for powerful men and organised crime leaders is tested when betrayal lurks within the brotherhood. Why watch it? Chandra's directorial debut. Saint Oniisan the Movie: Holy Men vs Akuma Gundan (Saint Young Men: Holy Men Vs Demon Army) Directed by Yûichi Fukuda. Who's in it? Shôta Sometani, Ken'ichi Matsuyama and Tatsuya Fujiwara. What's it about? There are saints living in Tokyo, Japan: Buddha the Enlightened One, and Jesus, Son of God. After successfully bringing the previous century to a close, the two share an apartment in Tachikawa while enjoying some well-earned time off down on Earth. Buddha pinches pennies like a typical neighborhood housewife, while Jesus is prone to making impulse buys. Why watch it? Starting in May 2024, the producers announced more information on the movie on the 23rd of every month until the film's release. The 23rd was chosen as a pun on "Onii-san" ("ni" and "san" are the Japanese words for "2" and "3", the O is left out). Premieres on July 18 Shiranai Kanojo (My Beloved Stranger) Directed by Takahiro Miki. Who's in it? Jun Fubuki, Kenta Kiritani and Wan Marui. What's it about? Riku Kanbayashi and Minami Maezono fell in love with each other in college and got married. Later, Riku became a bestselling novelist thanks to Minami's support, however, Minami's dream of becoming a singer remained unfulfilled. One day, their relationship hits the breaking point after a thoughtless remark from Riku, leading to a huge fight. The next morning, Riku wakes up to find Minami gone. As he goes to his publisher, he realizes that the famous author he thought he was has been reduced to a mere editor at a literary magazine. Meanwhile, the city is buzzing with the presence of a talented singer-songwriter named Minami Maezono-someone Riku has never even met before. Why watch it? For the soundtrack. Saiyaara Directed by Mohit Suri. Who's in it? Aneet Padda and Ahaan Panday. What's it about? A young couple's intense relationship spirals through passionate moments and devastating setbacks as they fight to keep their love alive. Why watch it? Debut of Pada. Premieres on July 19 Me Roboco The Movie Directed by Akitarô Daichi. Who's in it? The voices of Shigeru Chiba, Erina Gotô and Sae Hiratsuka. What's it about? A time when every household owns cute maid robots known as OrderMaids. Average grade-schooler Bondo dreams of having his very own robot. Why watch it? A Japanese manga series written and illustrated by Shuhei Miyazaki. It has been serialised in Shueisha's 'Weekly Shōnen Jump' since July 2020. Who's in it? Ayase and Lilas Ikuta. What's it about? A concert film for Japanese band Yoasobi's 2024 concert tour "Cho-genjitsu Dome Live". The final date of the show in Tokyo Dome was filmed for this movie. Why watch it?

Bitcoin surpasses RM510,000 on Luno, as institutional demand continuously grows
Bitcoin surpasses RM510,000 on Luno, as institutional demand continuously grows

Borneo Post

time15-07-2025

  • Business
  • Borneo Post

Bitcoin surpasses RM510,000 on Luno, as institutional demand continuously grows

The strong demand from investment firms and companies for Bitcoin exposure, be it direct purchases or ETFs, has created a recent uptick in the price. — AFP photo PETALING JAYA (July 15, 2025) : Bitcoin, the first and largest cryptocurrency by market capitalisation, has hit over half a million ringgit on Luno, as institutional demand continuously grows. The strong demand from investment firms and companies for Bitcoin exposure, be it direct purchases or ETFs, has created a recent uptick in the price. This is coupled by the US Federal Reserve's more dovish tone. This environment has supported greater investor risk appetite, benefifiting alternative assets like Bitcoin. In parallel, the rally triggered a short squeeze of over US$200 million, as traders who had bet against the asset were forced to buy back their positions, further accelerating the price momentum. Luno's country manager for Malaysia, Scarlett Chai, said, 'The crypto market has evolved so much in the past couple of years, largely led by Bitcoin. 'Today, despite the scepticism of the asset class, Bitcoin is the fififth largest asset by market cap after Apple – one of the world's most recognisable brands'. Bitcoin's bullish momentum has also led to a rally in other coins, known as altcoins, including Stellar (XLM), Alogrand (ALGO), and Hedera (HBAR), which have seen over a 50 per cent price increase in a week. These are among the altcoins Luno has proposed to the Securities Commission Malaysia that were aligned with the regulator's requirements. Of the three coins above, ALGO and HBAR were launched this year, part of Luno's effort in expanding the list of tradable digital assets in the country. Chai added, 'We've not seen a demand like this from institutions. Investors are optimistic about the US government's supportive stance toward crypto, which makes them confifident about Bitcoin's future'. Chai also cautioned investors of a possible rise in investment scams taking advantage of Bitcoin's reignited popularity. 'Steer clear of any investment schemes that seem too good to be true, especially if they're social media advertisements promising good returns. 'Regulated crypto exchanges will never engage third parties to facilitate the investment or trade on your behalf', she concluded.

Bitcoin breaches RM500,000 on Luno platform as demand rises
Bitcoin breaches RM500,000 on Luno platform as demand rises

New Straits Times

time14-07-2025

  • Business
  • New Straits Times

Bitcoin breaches RM500,000 on Luno platform as demand rises

KUALA LUMPUR: Bitcoin, the world's largest cryptocurrency by market capitalisation, has hit over half a million ringgit on Luno, as institutional demand continuously grows. According to Luno, the strong demand from investment firms and companies for Bitcoin exposure, be it direct purchases or ETFs, has created a recent uptick in the price. Luno said this is coupled by the US Federal Reserve's more dovish tone. "This environment has supported greater investor risk appetite, benefiting alternative assets like Bitcoin. "In parallel, the rally triggered a short squeeze of over US$200 million, as traders who had bet against the asset were forced to buy back their positions, further accelerating the price momentum," it said in a statement. Luno country manager for Malaysia Scarlett Chai said the crypto market has evolved so much in the past couple of years, largely led by Bitcoin. "Today, despite the scepticism of the asset class, Bitcoin is the fifth largest asset by market cap after Apple – one of the world's most recognisable brands," said Chai. Bitcoin's bullish momentum has also led to a rally in other coins, known as altcoins, including Stellar (XLM), Alogrand (ALGO), and Hedera (HBAR), which have seen over a 50 per cent price increase in a week. These are among the altcoins Luno has proposed to the Securities Commission that were aligned with the regulator's requirements. Of the three coins above, ALGO and HBAR were launched this year, part of Luno's effort in expanding the list of tradable digital assets in the country. "We have not seen a demand like this from institutions. Investors are optimistic about the US government's supportive stance toward crypto, which makes them confident about Bitcoin's future," Chai noted. Chai cautioned investors of a possible rise in investment scams taking advantage of Bitcoin's reignited popularity. "Steer clear of any investment schemes that seem too good to be true, especially if they are social media advertisements promising good returns. "Regulated crypto exchanges will never engage third parties to facilitate the investment or trade on your behalf", she added.

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