Showing 1 - 10 of 94
aCommerce listing seen spicing up the market
Business, William Hicks, Published on 23/10/2021
» Amidst a flagging economy and an increasingly desperate pandemic situation, Thai investors are seeking initial public offerings emblematic of the new Covid economy -- companies able to withstand extended lockdown measures and even thrive from changing consumer habits.
The rise and rerise of SPACs
Business, William Hicks, Published on 22/09/2021
» The Covid era has spawned a number of counter-intuitive investment products and strategies, making the sudden resurgence of special-purpose acquisition companies (SPACs) not only unsurprising, but very on-brand for the times.
The curious case of Binance
Business, William Hicks, Published on 02/08/2021
» Despite Thai regulators filing a criminal complaint this month against Binance -- the world's largest digital asset exchange -- for operating without a licence, many users are determined to keep trading on the site and doubt the government's ability to prevent them from doing so.
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.
Fighting back against exploitation
Business, William Hicks, Published on 04/06/2021
» As sharing economy tech companies plot major mergers and initial public offerings (IPOs) this year, they are running into problems in Thailand as the state, labour organisations and restaurateurs attempt to push back against the exploitation inherent in their business models.
Airbnb IPO cushions heavy losses in 2020
Business, William Hicks, Published on 12/04/2021
» US-based Airbnb has weathered the Covid-19 pandemic with heavy losses, however its recent gangbuster initial public offering (IPO) has left it in a healthy financial position for 2021.
Rapid shopping via Pandamarts
Business, William Hicks, Published on 11/02/2021
» Foodpanda is pivoting to quick delivery e-commerce with its rollout of Pandamart, a service offering essential goods from "cloud stores" as a new vertical to gain an edge in the cut-throat delivery market.
Mister Loo flush with hope
Business, William Hicks, Published on 28/12/2020
» Seeking to capitalise on trends relating to hygiene and sanitation amid the pandemic, Bangkok-based bathroom startup Mister Loo is expanding throughout the country and region, marketing its amenity-filled toilets to members of the public willing to pay a premium for such conveniences.
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.
Finance minister lays out plans for 2021
News, William Hicks, Published on 26/11/2020
» The government will accelerate investment next year in the areas of digital, wellness and the green economy, Finance Minister Arkom Termpittayapaisith says.