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BUSINESS

Transport urges continued subsidies

Business, Molpasorn Shoowong, Published on 11/07/2023

» Bus and airline operators are urging the government to continue to subsidise fuel costs for the whole year to relieve the burden on companies and passengers as the tourism industry slowly recovers to match 2019 levels.

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BUSINESS

Chinese students a bonanza for listed international school

Published on 06/07/2023

» The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only SET-listed school operator and turned its chief executive officer into a multimillionaire.

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BUSINESS

Fitch Ratings registers interest in virtual banks

Business, Published on 29/06/2023

» Fitch Ratings believes there is significant interest and momentum in Thailand's virtual bank application process, even though the timeline has been extended.

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BUSINESS

AIS faces hurdles in bid to buy 3BB

Business, Komsan Tortermvasana, Published on 13/06/2023

» The ongoing takeover of fixed broadband service 3BB by Advanced Info Service (AIS) may face tough consumer remedies from the telecom regulator because of the dominant position of their combined market share.

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BUSINESS

Bolt to invest B300m in local expansion

Business, Suchit Leesa-nguansuk, Published on 12/06/2023

» Estonian super-app Bolt is investing 300 million baht to strengthen its footprint in Thailand as part of its Southeast Asian growth strategy.

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BUSINESS

Bitkub revenue dips 48% as crypto sinks

Business, Nuntawun Polkuamdee, Published on 12/06/2023

» Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in revenue last year as the crypto market plunged.

BUSINESS

NBTC mulls regulation of OTT platforms

Business, Komsan Tortermvasana, Published on 09/06/2023

» The chairman of the National Broadcasting and Telecommunications Commission (NBTC) is considering the possible supervision of over-the-top (OTT) platforms in Thailand.

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BUSINESS

Airlines bask in sky-high fares while airports stay stuck

Published on 04/06/2023

» Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.

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BUSINESS

THPD sets sights on logistics infrastructure crown

Business, Komsan Tortermvasana, Published on 03/06/2023

» Thailand Post Distribution (THPD), a business-to-business (B2B) logistics arm of Thailand Post, is transforming its operations with the aim of becoming a fully integrated logistics solution provider within three years.

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BUSINESS

Hajj tour organisers confront hefty losses

Business, Molpasorn Shoowong, Published on 30/05/2023

» Tour operators face major losses for Hajj trips because of an abrupt change by the Department of Provincial Administration regarding additional charges for pilgrim travellers, as well as high airfares driven by limited seat capacity.