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BUSINESS

Singapore data centre deal valued at US$5.1 billion

Business, Suchit Leesa-nguansuk, Published on 05/02/2026

» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).

BUSINESS

Eateries hit by plunging sales, rising costs

Business, Suchit Leesa-nguansuk, Published on 22/07/2025

» The Thai restaurant industry is facing significant headwinds in the current economic climate, with many businesses reporting a substantial drop in revenue amid increasing operational costs.

BUSINESS

Robinhood and Foodpanda eye tie-up

Suchit Leesa-nguansuk, Published on 02/05/2025

» Yip In Tsoi, the operator of the food delivery platform Robinhood, is in discussions with Delivery Hero, the parent of foodpanda, over a potential strategic redirection agreement potential collaboration models, though not for an acquisition.

BUSINESS

Coursera pushes gender equality

Business, Suchit Leesa-nguansuk, Published on 08/03/2025

» Thailand is rapidly adopting generative artificial intelligence (GenAI), but women remain underrepresented in course enrolment for developing skills in this area, says Coursera, a global online learning platform.

BUSINESS

Line outlines 'life platform' roadmap

Business, Suchit Leesa-nguansuk, Published on 05/03/2025

» Line Thailand has unveiled its new services and technology roadmap in a move to go beyond being a communication platform to become a "life platform".

BUSINESS

E-commerce faces tax crackdown

Business, Suchit Leesa-nguansuk, Published on 04/01/2024

» The Revenue Department's decision to require digital platforms to report revenue gained from their online merchants is expected to affect Thailand's e-commerce landscape on many fronts.

BUSINESS

Sellers unfazed as Facebook scraps live shopping feature

Business, Suchit Leesa-nguansuk, Published on 09/08/2022

» A decision by Facebook to scrap its live shopping feature in October is unlikely to take a heavy toll on e-commerce in Thailand where sellers have not significantly counted on this function for their sales, according to industry pundits.

BUSINESS

Thailand's digital agility hits rock bottom

Business, Suchit Leesa-nguansuk, Published on 06/08/2022

» Thailand has been ranked at the bottom of nine Asia-Pacific markets for digital agility, based on a study commissioned by Workday, a provider of enterprise cloud applications.

BUSINESS

IBM unit, partners to boost digital skills

Business, Suchit Leesa-nguansuk, Published on 29/06/2022

» IBM Thailand, the local unit of the American IT giant, is working with universities and business partners to provide training for people to level up high-demand digital skills, ranging from artificial intelligence (AI) to data science and hybrid cloud, as part of a push to support the country's digital transformation.

BUSINESS

KBTG trumpets DevX team

Business, Suchit Leesa-nguansuk, Published on 23/02/2021

» Kasikorn Business Technology Group (KBTG), a technology arm under Kasikornbank (KBank), has unveiled its software development excellence department, reinforced with a DevX team as part of its goal to become a leading tech firm in the region by 2025.