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BUSINESS

In-game advertiser NextPlay eyes AI, crypto payments

Business, William Hicks, Published on 08/09/2021

» Thai digital advertising company NextPlay Technologies has made a number of big-money acquisitions this year in a bid to integrate payments and artificial intelligence (AI) into its existing in-game advertising system, its chief executive said.

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BUSINESS

Hutchison Ports records 10% increase in cargo volumes

Business, William Hicks, Published on 28/08/2021

» Hutchison Ports Thailand (HPT), a port operator at Laem Chabang Port, reported a 10% year-on-year increase in cargo volume in the first half of this year.

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BUSINESS

Wine market licks its wounds following challenging period

Business, William Hicks, Published on 25/06/2021

» The wine market in Thailand has suffered numerous setbacks since the beginning of the pandemic, namely various alcohol restrictions, the banning of online sales, the lack of foreign tourists and an overall drop in consumer purchasing power, says Yodi Mootoosamy, general manager at Penfolds International.

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BUSINESS

Democrat MP underlines failures

Business, William Hicks, Published on 27/02/2021

» Many government stimulus measures failed to actually pay funds to businesses and individuals in need because of overly restrictive conditions and failures by civil servants to understand the needs of the public, says Kanok Wongtrangan, a Democrat Party MP.

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BUSINESS

Grab leading in food delivery

Business, William Hicks, Published on 15/01/2021

» Grab commands 50% of the market share among online food delivery apps in terms of gross merchandise value (GMV), followed by Foodpanda at 23% and Lineman 20%, according to the consultancy Momentum Works (MW).

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BUSINESS

ESG ratings don't mean what you think

Business, William Hicks, Published on 26/12/2020

» Environmental, social and governance (ESG) ratings and sustainability stock indices based on ESG scoring have become the hot new trend among retail and institutional investors, allowing them to evaluate companies based on sustainability and social development instead of simply profits and losses. ESG funds promise long-term growth as governments around the globe promise to scale down emissions to combat climate change.

BUSINESS

KTBST realistic on prospects for 2021

Business, William Hicks, Published on 21/12/2020

» After seeing profits double this year, KTB Securities Thailand (KTBST) expects profit growth next year to stagnate because of poor-performing Thai capital markets caused by the slow roll-out of a coronavirus vaccine.

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BUSINESS

US envoy says Thailand is a victim of its success

Business, William Hicks, Published on 09/10/2020

» Thailand has been a victim of its own success in eliminating domestic Covid-19 infections and must find a way to balance the needs of the economy with virus prevention, the US ambassador to Thailand said while on a recent mission to the Eastern Economic Corridor (EEC).

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BUSINESS

Labour strikes against the algorithm

Business, William Hicks, Published on 07/09/2020

» Not long ago the streets of Bangkok were near empty -- save for a bustling network of green-, pink- or yellow-vested delivery drivers shepherding food across a shuttered city to the millions trapped indoors fearing an accelerating viral outbreak.

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BUSINESS

BMW lines up 25 electric models

Business, William Hicks, Published on 14/08/2020

» German automaker BMW Group announced it plans to offer 25 electrified models by 2023 as part of its commitment to fight climate change and air pollution, while keeping the internal combustion engine as the method for powering hybrid vehicles.