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Search Result for “downturn”

Showing 1 - 10 of 26

BUSINESS

Levelling the e-commerce playing field

Business, Suchit Leesa-nguansuk, Published on 14/02/2026

» The Trade Competition Commission of Thailand (TCCT) has issued new guidelines for the Trade Competition Act of 2017, expected to be published in the Royal Gazette next month, aiming to curb unfair trade practices and prevent monopolistic behaviour in multi-sided platform businesses, with a focus on e-commerce.

BUSINESS

Line pivots to new role in digital economy

Business, Suchit Leesa-nguansuk, Published on 01/12/2025

» Line Thailand is charting a bold new course by launching mini programs and agentic artificial intelligence (AI) assistants, aiming to reshape the country's digital economy under its new chief executive.

LIFE

Association revises digital spending forecast to 5% growth

Suchit Leesa-nguansuk, Published on 14/08/2025

» The Digital Advertising Association Thailand (DAAT) has revised its total spending forecast for this year to 5% growth, valued at 33 billion baht, down from a 10% gain due to ongoing uncertainties and the economic downturn.

BUSINESS

Konvy aiming to achieve unicorn status by 2027

Business, Suchit Leesa-nguansuk, Published on 12/01/2024

» Konvy International, a Bangkok-based online beauty platform, aims to become a unicorn by 2027 via expansion in Southeast Asia and a plan to go public by that time.

LIFE

Thais among top 10 global freelance hires

Business, Suchit Leesa-nguansuk, Published on 17/08/2023

» Thai freelancers are among the top 10 globally in terms of hires via Freelancer.com, the world's largest freelancing and crowdsourcing marketplace.

BUSINESS

T&B Media pins its hopes on metaverse

Business, Suchit Leesa-nguansuk, Published on 09/03/2023

» Entertainment firm T&B Media Global (Thailand) expects its new "Translucia Metaverse" project to be a growth engine over the next three years, generating economic value of 1 trillion baht by 2030.

BUSINESS

Grab focuses on long-term journey

Business, Suchit Leesa-nguansuk, Published on 10/12/2022

» Amid economic uncertainty and a spending slowdown, super-app Grab projects the industry is moving towards new business practices where price wars become less intense, focusing instead on building customer loyalty and broadening customer segments.

BUSINESS

The nobility of perfume

Business, Suchit Leesa-nguansuk, Published on 11/11/2022

» 'The shift to creating new prestige luxury perfumes leads to extraordinary personalisation, intimate with emotion", says Marc Chaya, chief executive and co-creator of Maison Francis Kurkdjian.

BUSINESS

Digital ad spending slows amid economic headwinds

Business, Suchit Leesa-nguansuk, Published on 02/09/2022

» Economic strife is expected to lower this year's digital advertising spending growth rate to 7%, or around 26 billion baht, down from an 18% rise last year, according to the Digital Advertising Association Thailand (DAAT).

BUSINESS

Shopee upbeat on e-commerce

Business, Suchit Leesa-nguansuk, Published on 05/03/2022

» Shopee, an e-commerce platform in Southeast Asia and Taiwan, is forecasting growth in Thailand's e-commerce market based on an expansion in the user base and intense marketing and promotions to help boost purchasing power amid a sluggish economy.