Showing 1 - 10 of 68
aCommerce listing seen spicing up the market
Business, William Hicks, Published on 23/10/2021
» Amidst a flagging economy and an increasingly desperate pandemic situation, Thai investors are seeking initial public offerings emblematic of the new Covid economy -- companies able to withstand extended lockdown measures and even thrive from changing consumer habits.
The rise and rerise of SPACs
Business, William Hicks, Published on 22/09/2021
» The Covid era has spawned a number of counter-intuitive investment products and strategies, making the sudden resurgence of special-purpose acquisition companies (SPACs) not only unsurprising, but very on-brand for the times.
In-game advertiser NextPlay eyes AI, crypto payments
Business, William Hicks, Published on 08/09/2021
» Thai digital advertising company NextPlay Technologies has made a number of big-money acquisitions this year in a bid to integrate payments and artificial intelligence (AI) into its existing in-game advertising system, its chief executive said.
Hutchison Ports records 10% increase in cargo volumes
Business, William Hicks, Published on 28/08/2021
» Hutchison Ports Thailand (HPT), a port operator at Laem Chabang Port, reported a 10% year-on-year increase in cargo volume in the first half of this year.
Wine market licks its wounds following challenging period
Business, William Hicks, Published on 25/06/2021
» The wine market in Thailand has suffered numerous setbacks since the beginning of the pandemic, namely various alcohol restrictions, the banning of online sales, the lack of foreign tourists and an overall drop in consumer purchasing power, says Yodi Mootoosamy, general manager at Penfolds International.
Fighting back against exploitation
Business, William Hicks, Published on 04/06/2021
» As sharing economy tech companies plot major mergers and initial public offerings (IPOs) this year, they are running into problems in Thailand as the state, labour organisations and restaurateurs attempt to push back against the exploitation inherent in their business models.
Airbnb IPO cushions heavy losses in 2020
Business, William Hicks, Published on 12/04/2021
» US-based Airbnb has weathered the Covid-19 pandemic with heavy losses, however its recent gangbuster initial public offering (IPO) has left it in a healthy financial position for 2021.
Democrat MP underlines failures
Business, William Hicks, Published on 27/02/2021
» Many government stimulus measures failed to actually pay funds to businesses and individuals in need because of overly restrictive conditions and failures by civil servants to understand the needs of the public, says Kanok Wongtrangan, a Democrat Party MP.
A brighter future for the booming solar sector
Business, William Hicks, Published on 04/02/2021
» The solar business in Thailand is booming, as the government prepares to hit its Paris Climate Accords target of 30% renewable by 2030 and private businesses seek to attract green investors by matching ambitious emissions reduction targets.
Grab leading in food delivery
Business, William Hicks, Published on 15/01/2021
» Grab commands 50% of the market share among online food delivery apps in terms of gross merchandise value (GMV), followed by Foodpanda at 23% and Lineman 20%, according to the consultancy Momentum Works (MW).