Showing 1 - 10 of 708
TIDLOR Restructures, Launches InsurTech Platform for Growth
Published on 02/05/2024
» Piyasak Ukritnukun, Managing Director of Ngern Tid Lor Public Company Limited (TIDLOR), announced that at the company’s Board of Directors meeting on April 30, 2024, it was resolved to propose to the shareholders’ meeting the consideration and approval of the Company’s shareholding and management restructuring plan by establishing a holding company named Tidlor Holdings Public Company Limited (Tidlor Holdings). The objective is to enhance operational flexibility in both the lending and insurance brokerage businesses, increase competitive advantages, and expand opportunities into related businesses. Additionally, it will create more opportunities for strategic partnerships through mergers or joint investments, significantly bolstering the strength of the group. This restructuring will also enable more efficient management and risk limitation across different business units. Moreover, the company plans to establish a new company (NewCo) under Tidlor Holdings to improve flexibility in strategy formulation, management, and operations related to non-life InsurTech insurance brokerage business (InsurTech Platform). This restructuring plan represents a strategic realignment to facilitate long-term growth.
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.
SISTAM 2024: Elevating Industrial Safety with AI
Published on 18/04/2024
» In a landmark collaboration, the Faculty of Engineering at Chulalongkorn University, alongside 17 leading organisations including the exhibition organiser Exposis, the Technology Promotion Association (Thailand-Japan), and the Thai Institute of Chemical Engineering and Applied Chemistry (TIChE), is set to present 'SISTAM 2024' - Smart Industrial Safety & Technology for Advanced Maintenance. This premier event is poised to be Thailand's most comprehensive exhibition and conference on safety and advanced maintenance technology, scheduled for 26 and 27 September 2024 at the Bangkok International Trade and Exhibition Centre (BITEC).
Shopee puts live sales as its key to growth
Business, Suchit Leesa-nguansuk, Published on 28/03/2024
» E-marketplace Shopee has set an ambitious target to grow beyond e-commerce by offering upgraded services, in a bid to compete with the fast-growing TikTok Shop in live-stream sales.
Potado: Pioneering Southeast Asia's App Expansion
Published on 01/03/2024
» In today's rapidly changing digital world, the role of mobile apps in business growth is undeniable. Consumers demand innovative, seamless experiences tailored to their needs. Recognising the vast opportunities in Southeast Asia - including Thailand, Malaysia, Singapore, Indonesia, Cambodia, and Vietnam - Potado has positioned themselves as a pivotal force specialising in crafting custom apps that resonate with the unique dynamics of these local markets, enabling businesses to capitalise on the region's digital boom.
The rise of consumer cryptocurrency
News, Published on 26/02/2024
» Since its inception with the launch of Bitcoin in 2008, blockchain technology has gone through numerous cycles of public attention. Over time, growing interest and investment in the best-known cryptocurrencies has led to greater acceptance, as highlighted by the US Securities and Exchange Commission's approval of a spot Bitcoin ETF (exchange-traded fund) in January. While blockchains and their associated "crypto" assets have yet to be adopted by a truly broad base of consumers, that is starting to change, owing to a shift in how these technologies are being used.
Bid to accelerate development of Open ThaiGPT project
Suchit Leesa-nguansuk, Published on 07/02/2024
» Thailand is accelerating the development of the Open ThaiGPT project, hoping the country can avoid heavy reliance on foreign technologies in the area of artificial intelligence (AI).
NocNoc turns to AI for personalisation
Business, Suchit Leesa-nguansuk, Published on 26/01/2024
» NocNoc, an e-marketplace selling home products and services, has embraced artificial intelligence (AI) to offer consumers a personalised service experience both online and offline while adding new lifestyle categories to its platform to capitalise on a home and living market estimated to be worth around 450 billion baht.
Sales on course to achieve double-digit growth this year
Business, Suchit Leesa-nguansuk, Published on 25/01/2024
» Thailand's retail industry is expected to register double-digit growth this year, driven by private consumption and government stimulus measures.
Thai e-commerce rivalry set to surge
Business, Suchit Leesa-nguansuk, Published on 23/01/2024
» Geopolitical conflict between the US and China is bringing new e-commerce players into Thailand, which is expected to heat up market competition and widen the cross-border e-commerce market.