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BUSINESS

Labour strikes against the algorithm

Business, William Hicks, Published on 07/09/2020

» Not long ago the streets of Bangkok were near empty -- save for a bustling network of green-, pink- or yellow-vested delivery drivers shepherding food across a shuttered city to the millions trapped indoors fearing an accelerating viral outbreak.

BUSINESS

Airbnb shifts focus to local residents

Business, William Hicks, Published on 19/08/2020

» Airbnb, the American sharing-economy platform, is seeking to recover its struggling business in Thailand by pivoting to domestic tourism, while providing mild relief to thousands of landlords on its platform nationwide.

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BUSINESS

BMW lines up 25 electric models

Business, William Hicks, Published on 14/08/2020

» German automaker BMW Group announced it plans to offer 25 electrified models by 2023 as part of its commitment to fight climate change and air pollution, while keeping the internal combustion engine as the method for powering hybrid vehicles.

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BUSINESS

Startups reap pandemic revenues

Business, William Hicks, Published on 12/08/2020

» Thailand's top startups have seen double-digit growth windfalls in revenue following the pandemic, being well-positioned to benefit from the consumer and business shift to digital commerce during the lockdown.

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BUSINESS

DKSH shifts strategy to deal with contagion

Business, William Hicks, Published on 31/07/2020

» Swiss trading conglomerate DKSH is pivoting strategies in Thailand following the pandemic, accelerating its digitisation and leveraging its resources to prove it is the trusted partner for business coping with the aftermath.

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BUSINESS

Thai Covid-19 apps judged invasive

Business, William Hicks, Published on 20/07/2020

» To fight further waves of the pandemic, contact tracing apps that monitor infection locations and points of contact have never been more important. The recent scandal involving Egyptian airmen leaving quarantine to go to a mall in Rayong has the government scrambling to retrace their contact points, which could have been a much easier process had such apps been in use.

BUSINESS

World Bank sees two-year recovery

Business, William Hicks, Published on 16/07/2020

» Thailand's economy could take as long as two years to return to pre-pandemic output, says World Bank economist Arvind Nair.

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BUSINESS

TMF says complex regulations hamper foreign investment

Business, William Hicks, Published on 09/07/2020

» Thailand's regulations requiring foreign businesses to be majority owned by a Thai partner and filing legal documents in Thai language may hamper foreign investment in the country, says multinational professional services firm TMF Group.

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BUSINESS

Ascent readies chopper rides

Business, William Hicks, Published on 07/07/2020

» Ascent Asia announced it will soon launch its helicopter ride-hailing service in Thailand with flights in Bangkok, Chon Buri, Rayong, Hua Hin and Pattaya, with flights starting at 8,000 baht per seat.

BUSINESS

Firms advised to shun lay-offs, think long-term

Business, William Hicks, Published on 07/07/2020

» Companies should avoid lay-offs for the sake of short-term profit as they could be stuck with huge pension liabilities for their laid-off workers, while having to rehire more staff to deal with an expected economic rebound in the second half of the year, says human resources consultancy Mercer Thailand.