Showing 1 - 10 of 1,458
Bangkok Business Challenge 2024: Growing Impactful Ventures
Published on 29/05/2024
» The Bangkok Business Challenge, the longest-running startup competition for aspiring future entrepreneurs, is gearing up for another year, with Sasin School of Management hosting the event and SCG Chemicals (SCGC), a leading innovator in chemical solutions, as its titled sponsor. This year's concept is "Growing Impactful Ventures," aiming to drive businesses forward sustainably. The competition is open to undergraduate, master’s, and doctoral students from all disciplines and universities, nationally and globally, who possess the entrepreneurial skills, creativity, and innovative thinking to scale their ventures from inception to practical business implementation. The event will take place from June 20-22, 2024, at Sasin School of Management, as part of the Sasin Impact Entrepreneurship Week 2024 (SasinIEW).
Asia's Booming Attractions Industry
Published on 28/05/2024
» In my role as Chairman of IAAPA, the leading global association for the attractions industry, I've had the privilege of observing Asia’s growth firsthand. Despite recent global challenges, the region has shown impressive resilience and strong recovery, with the attractions industry not just surviving but thriving. This exponential growth is not limited to the attractions industry alone; a growing demand for unique and immersive experiences is quickly spreading across the region, making Asia a prime market for growth and future investment. Whether at a shopping centre, a luxury hotel, or even when dining out, the latest innovations are creating new ways for businesses to interface with customers and build new roadmaps for success.
Asia's Booming Attractions Industry
Published on 28/05/2024
» In my role as Chairman of IAAPA, the leading global association for the attractions industry, I've had the privilege of observing Asia’s growth firsthand. Despite recent global challenges, the region has shown impressive resilience and strong recovery, with the attractions industry not just surviving but thriving. This exponential growth is not limited to the attractions industry alone; a growing demand for unique and immersive experiences is quickly spreading across the region, making Asia a prime market for growth and future investment. Whether at a shopping centre, a luxury hotel, or even when dining out, the latest innovations are creating new ways for businesses to interface with customers and build new roadmaps for success.
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.
Thai Companies Slow to Adopt AI Technologies
Published on 21/05/2024
» Although Thailand ranked nearly top among 21 nations surveyed recently where 'excitement' about artificial intelligence (AI) was rife, the adoption of this game-changing technology, especially by companies in the country, is quite lacklustre. A recent study by the Boston Consulting Group (BCG) has found that consumers in emerging markets, including Thailand, are generally among those who are particularly open to and excited about AI, particularly Generative AI (GenAI), indicating a higher likelihood of consumers adopting AI more in their daily lives.
BAM eager to keep lead in distressed assets sector
Business, Somruedi Banchongduang, Published on 18/05/2024
» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.
Centel claims robust Q1 performance
News, Post Reporters, Published on 16/05/2024
» Central Plaza Hotel Plc (Centel) has announced a strong financial performance for the first quarter of 2024, reporting a net profit of 756 million baht, a 20% increase from the same period last year.
MINT Q1 Profits Surge to THB 1,146M
Published on 15/05/2024
» Minor International Public Company Limited (“MINT”) on May 14, 2024, announced its first quarter 2024 financial results, posting a net profit of THB 1,146 million in 1Q24 notwithstanding 1Q being the low season for its most significant contributor, its European hotel business. This profit represented a significant improvement from a THB 976 million loss in 1Q23 and was attributable to stronger performance across all business units as well as favourable foreign exchange movements. At the core level, MINT recorded a core net loss of THB 352 million in 1Q24 (due to aforementioned seasonality of the European hotel business), representing a 46% improvement (less loss) from a core net loss of THB 647 million in 1Q23. MINT’s hotel and restaurant businesses both reported robust financial performance in 1Q24 from continued rising demand, which enabled the Company to implement strategic dynamic pricing, drive increased dine-in traffic and lock in further cost optimisation. Minor Hotels Thailand, Minor Hotels Australia and Minor Food all saw double-digit year-on-year growth. Meanwhile, Minor Hotels Europe and the Americas outperformed expectations by narrowing their y-y quarterly losses.
Indorama posts $366m earnings in Q1
Business, Published on 14/05/2024
» Indorama Ventures Plc (IVL), a global sustainable chemical producer, reported adjusted earnings before interest, taxes, depreciation and amortisation of US$366 million in the first quarter of this year, a 32% increase from the previous quarter and a 2% decline year-on-year.
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.