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BUSINESS

New food delivery apps seeking a bite

Business, Suchit Leesa-nguansuk, Published on 10/06/2020

» Competition in food delivery apps is expected to intensify as a series of newcomers jump into the 35-billion-baht market, with some aiming to leverage customer insights for their other businesses.

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BUSINESS

Covid-19 lump sum policies to cease

Business, Darana Chudasri, Published on 24/03/2020

» Several insurance companies and brokers have stopped selling Covid-19 insurance lump-sum payout policies, while some have adjusted claim benefits to prevent policyholders' moral hazard problem and underwriting risks.

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BUSINESS

An impressive showing for M&A

Business, Post Reporters, Published on 28/12/2019

» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.

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BUSINESS

Rate cut impact limited

Business, Published on 05/12/2019

» Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.

BUSINESS

Indorama readies B15bn in debentures, eyes sustainability

Business, Published on 09/10/2019

» Indorama Ventures Plc plans to issue 15 billion baht in subordinated perpetual debentures.

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BUSINESS

Pace plans restructuring of Dean & DeLuca to stem losses

Business, Darana Chudasri, Published on 19/07/2019

» SET-listed Pace Development Corporation Plc, the Bangkok-based owner of Dean & DeLuca, is set to revamp the ailing gourmet grocer business by splitting operations in Asia and the US for business restructuring.

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BUSINESS

Headwinds ahead

Asia focus, Erich Parpart, Published on 29/04/2019

» Amid unfavourable external economic conditions and political uncertainties at home, the outlook is dimming for Thailand and other Asian countries facing an export slowdown linked to weak trade and demand growth globally.

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BUSINESS

Personal privacy in the balance

Business, Published on 11/03/2019

» Data is hailed as the new "oil" of the 21st century, with digitalisation changing the landscape across every segment of society and business. When valuable and personal data can be exploited for personal or corporate gain, there is a need to ensure that personal information is well protected from fraud and mischief.

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BUSINESS

BoT urges talks before passbook halt

Business, Somruedi Banchongduang, Published on 04/01/2019

» The Bank of Thailand is demanding commercial banks discuss whether they intend to cancel physical passbooks in the future because it wants to ensure banks will offer proper services to customers.

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BUSINESS

A broadcast veteran channelling his energies

Business, Komsan Tortermvasana, Published on 20/10/2018

» Home shopping operator TV Direct Plc sprang a surprise last month when the company led by Songpol Shanmatkit announced it was taking over 90.1% of Spring News' digital Channel 19 in a deal worth 1.08 billion baht.