Showing 1 - 10 of 13
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).
Grab eyes higher revenue from specific groups
Business, Suchit Leesa-nguansuk, Published on 19/03/2025
» Grab Thailand wants to expand its revenue growth among Gen Alpha and Baby Boomers, according to the super-app.
Siemens touts sustainable farming, manufacturing
Business, Suchit Leesa-nguansuk, Published on 11/07/2023
» Digitisation and automation are empowering agriculture and manufacturing towards sustainability and greater operational efficiency, according to technology giant Siemens.
Uneven recovery hinders sector's growth
Business, Suchit Leesa-nguansuk, Published on 19/10/2022
» Thailand's e-commerce is expected to post US$23 billion in gross merchandise value (GMV) this year, up 18% year-on-year, but the growth is much smaller than the previous year, weighed down by economic headwinds, according to a new survey by Facebook parent firm Meta and consultancy Bain & Company.
BCG startups see strong growth
Business, Suchit Leesa-nguansuk, Published on 07/07/2022
» Startups associated with the bio, circular and green (BCG) economy model are the next wave of growth but they need the right incentives to make them thrive amid the economic challenges and cautious investment, say industry experts.
Fortinet sees security demand in Asean
Business, Suchit Leesa-nguansuk, Published on 14/02/2022
» Fortinet, a global cybersecurity company, aims to increase its subscription-based services in Asean to capture a surge in demand and deal with heightened cyberthreats in the digital world.
Facebook, Line bet on social commerce
Business, Suchit Leesa-nguansuk, Published on 15/07/2021
» Social media giants Line and Facebook are ramping up efforts to attract merchants and offer new features to boost shopping experiences in order to drive growth in the country's burgeoning social commerce market, valued at 160 billion baht.
Flash Group becomes first Thai unicorn
Business, Suchit Leesa-nguansuk, Published on 01/06/2021
» Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million (4.6 billion baht) in Series D+ and E funding -- just three years into operations, according to the company's owner.
Line Man Wongnai aims for unicorn status by 2023
Business, Suchit Leesa-nguansuk, Published on 15/09/2020
» The merger between restaurant review platform Wongnai and on-demand and delivery app Line Man is intended to create a unicorn startup and hold the pole position in the country's end-to-end food platform by 2023.
Robots to the rescue
Business, Suchit Leesa-nguansuk, Published on 06/07/2020
» Driven by the coronavirus pandemic, service robots are gathering steam among medical, retail and eatery sectors as a way to address social distancing measures.