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Virtual banks face wait for profits
Business, Nareerat Wiriyapong, Published on 02/10/2024
» Winners of the Bank of Thailand's virtual bank licences are likely to struggle to turn a profit early on because the business usually burns cash during the first five years, says KGI Securities.
Rising sun startups
Asia focus, Nareerat Wiriyapong, Published on 26/10/2020
» Hampered by cautious investors and a rigid corporate culture, Japan has produced just a handful of major startups. The world's third largest economy is far behind the US and China when it comes to breeding "unicorns" -- new companies valued at more than US$1 billion.