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Search Result for “$8 billion”

Showing 1 - 10 of 229

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GENERAL

Alibaba rumoured to dump Lazada

Business, Suchit Leesa-nguansuk, Published on 20/06/2024

» An industry source familiar with Alibaba and the e-commerce industry says the company is in talks with Central Group and Charoen Pokphand (CP) to sell its stake in Lazada Thailand, following intensifying competition in the local market.

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GENERAL

Food delivery, super apps see modest growth in 2023

Business, Suchit Leesa-nguansuk, Published on 12/06/2024

» Despite economic challenges, Thailand's food delivery and on-demand super apps continued to grow moderately last year.

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GENERAL

Funding of B8bn for researchers

Business, Suchit Leesa-nguansuk, Published on 11/06/2024

» Thailand Science Research and Innovation (TSRI) has allocated 8 billion baht for the country to bolster its supply of young researchers, aiming to support S-curve industries such as artificial intelligence (AI), electric vehicles (EVs) and quantum technologies.

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GENERAL

Poll: E-commerce value estimated at B5.96tn

Business, Suchit Leesa-nguansuk, Published on 04/06/2024

» The value of Thailand's e-commerce market was estimated at 5.96 trillion baht in 2023, driven by the insurance, art, entertainment, recreation, retail and wholesale sectors, according to a survey carried out late last year by the Electronic Transactions Development Agency.

GENERAL

IBM touts future accessibility of AI at companies

Business, Suchit Leesa-nguansuk, Published on 27/05/2024

» IBM, a global technology firm, foresees a future in which small language models will make artificial intelligence (AI) more accessible to organisations.

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GENERAL

Providing a link to China for local firms

Business, Suchit Leesa-nguansuk, Published on 25/05/2024

» Digital marketer DigiLink Thailand, helmed by chief executive Phanavika Limpabandhu, has ambitions to become a partner of Thai entrepreneurs seeking to tap the vast Chinese market.

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GENERAL

Making sense of Microsoft's local outlays

Business, Suchit Leesa-nguansuk, Published on 09/05/2024

» Microsoft's announcement last week of its first investment in a data centre region in Thailand is expected to enhance the country's digital ecosystem and could fuel competition in the data centre sector.

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INVESTMENT

Many firms keen on SET listing

Suchit Leesa-nguansuk, Published on 29/04/2024

» Many local technology and IT-related firms are gearing up to launch initial public offerings (IPOs) on the Stock Exchange of Thailand (SET) in 2025 or 2026, emphasising strategies for business expansion and cost reduction.

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GENERAL

Digital ad spending on the increase

Business, Suchit Leesa-nguansuk, Published on 24/04/2024

» Intense competition between local and niche brands against larger players on e-commerce and the rise of affiliate marketing are driving ad spending on digital channels, says Media Intelligence Group.

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GENERAL

Expanding for the long term

Business, Suchit Leesa-nguansuk, Published on 06/04/2024

» Executives at long-standing conglomerate Yip In Tsoi Co Ltd credit expansion of its empire and navigating through challenges to foresight, business diversification and strong partnerships.