Showing 81 - 90 of 235
Media spending up 11% in first three quarters
Business, Suchit Leesa-nguansuk, Published on 25/10/2022
» Thailand's media spending in the first nine months surged 11% year-on-year to 88.1 billion baht following the country's reopening, with people returning to work and tourism resuming, says data analytics firm Nielsen Thailand.
Uneven recovery hinders sector's growth
Business, Suchit Leesa-nguansuk, Published on 19/10/2022
» Thailand's e-commerce is expected to post US$23 billion in gross merchandise value (GMV) this year, up 18% year-on-year, but the growth is much smaller than the previous year, weighed down by economic headwinds, according to a new survey by Facebook parent firm Meta and consultancy Bain & Company.
BEC World switches focus to offset fall in earnings from ads
Business, Suchit Leesa-nguansuk, Published on 07/10/2022
» SET-listed BEC World, the operator of Channel 3, wants to shift towards becoming a total entertainment provider by pursuing content licensing and digital business to increase revenue, offsetting declining earnings from TV ads.
Ericsson predicts major uptake of 5G
Business, Suchit Leesa-nguansuk, Published on 13/09/2022
» Thailand is expected to see more than 40% of total mobile subscribers use 5G services by 2025 while the ultra-fast cellular network will help deliver US$3.4 billion in enterprise revenue by 2030, according to Swedish telecom equipment giant Ericsson.
Retail e-commerce to hit B4tn in 2025
Business, Suchit Leesa-nguansuk, Published on 26/08/2022
» Thailand's retail e-commerce market is expected to reach 4 trillion baht in 2025, up from 817 billion this year, while online sales through virtual space, known as meta-commerce, is tipped to be a future trend, says Kulthirath Pakawachkrilers, newly appointed president of the Thai e-Commerce Association (Theca).
Co-payment spurs online food delivery
Business, Suchit Leesa-nguansuk, Published on 18/08/2022
» The new phase of the "Khon La Khrueng" co-payment scheme, scheduled to start next month, is expected to spark fresh competition in online food delivery services with leading market players Grab, Line Man Wongnai and Foodpanda rolling out campaigns to reduce their commission fee, known as gross profit (GP), throughout the duration of the programme.
True eyes e-sports players for 5G growth
Business, Suchit Leesa-nguansuk, Published on 16/08/2022
» SET-listed telecom operator True Corporation is preparing to tap into e-sports users to expand its 5G subscriber base, as it sees a promising trend in connected devices.
Cloud service rivalry heats up in Thailand
Business, Suchit Leesa-nguansuk, Published on 12/08/2022
» Thailand is turning into a battleground for public cloud services among American and Chinese firms with internet giant Google becoming the latest operator to announce a plan to launch its cloud region in the country amid surging demand in the segment.
Sea celebrates a decade of growth
Business, Suchit Leesa-nguansuk, Published on 30/07/2022
» Thailand's digital economy has been scaling up over the past decade thanks to the power of various internet firms and one of the key players is Sea (Thailand), the local unit of the NYSE-listed firm Sea, which is behind e-commerce powerhouse Shopee.
SoPa allots another $20m to acquisitions
Business, Suchit Leesa-nguansuk, Published on 29/07/2022
» Nasdaq-listed loyalty platform Society Pass (SoPa), which recently acquired Thailand-headquartered Thoughtful Media Group (TMG), a digital video multi-platform network (MPN) and social commerce platform, is looking to spend US$15-20 million more on acquisitions in Thailand in the second half to bolster its business ecosystem.