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THAILAND

Thaicom and Hughes India Partner for Satellite Capacity

Published on 25/09/2024

» Thaicom Public Company Limited, a leading Asian satellite and space tech company, today announced that its subsidiary, IPSTAR (India) Private Limited (IPSTAR), has signed an agreement for satellite capacity with Hughes Communications India Private Limited (HCI), a leading provider of broadband satellite and managed network services. The agreement covers satellite capacity over India on Thaicom’s satellite fleet.

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EASY NEWS

Woman bitten by snake in cinema seeks more damages

Gary Boyle, Published on 25/09/2024

» A woman who was bitten by a snake in a movie theatre two months ago has turned down an offer of additional compensation from the cinema operator, which has already paid her hospital costs.

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GENERAL

CRC bags Rev Edition stake

Business, Kuakul Mornkum, Published on 25/09/2024

» CRC Sports, a subsidiary of SET-listed Central Retail Corporation (CRC) and the operator of sports retailer Supersports, announced its acquisition of a majority stake in Rev Edition Co Ltd, a distributor and importer of sports performance and lifestyle brands.

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THAILAND

Pheu Thai 'flexible' on policy

Aekarach Sattaburuth, Published on 25/09/2024

» Deputy Prime Minister Phumtham Wechayachai said the Pheu Thai Party will back off from its charter amendment proposal involving ethical standards for political officeholders if coalition parties disagree with it.

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GENERAL

Grab Thailand introduces series of AI-powered solutions

Business, Komsan Tortermvasana, Published on 25/09/2024

» Grab Thailand is developing a series of artificial intelligence (AI)-powered solutions, aiming to increase revenue streams as it transforms to an AI-led organisation.

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INVESTMENT

SC eyes B10bn revenue from new sectors

Kanana Katharangsiporn, Published on 25/09/2024

» SET-listed SC Asset Corporation will invest 20 billion baht between 2025 and 2029 in logistics, hotels and office rentals, aiming to generate a total revenue of 10 billion baht over the five-year period from these recurring income businesses.

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SPORTS

How the original 13 rules shaped game

Sports, Brett Brasier, Published on 25/09/2024

» I'm always getting questions regarding the rules, and I answer them as best l can however, as we all know -- our rules can be somewhat complicated and catching out even the world's best players. Therefore, it's interesting to see how simple & refreshingly uncomplicated they were back in the day.

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OPINION

Being graft-free is good for business

News, Published on 25/09/2024

» Risks of corruption and bribery are key factors that multinational companies take into account when deciding to invest money or conduct business in Thailand. Early this month, a well-known US-based company selling farm and construction equipment paid $10 million (329 million baht) to settle charges from the US Securities and Exchange Commission after its Thai subsidiary was found bribing government officials to secure procurement contracts from the Department of Highways (DoH) and the Department of Rural Roads (DRR).

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GENERAL

US platforms ramp up the competition

Business, Suchit Leesa-nguansuk, Published on 25/09/2024

» US social media platforms are expanding their presence in Thailand's e-commerce sector to compete with the dominant players from China.

GENERAL

MFEC unveils new service for medium-size customers

Business, Suchit Leesa-nguansuk, Published on 25/09/2024

» SET-listed IT service company MFEC has launched a cybersecurity operation centre (CSOC)-as-a-service to support and expand its base of medium-size customers.