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Search Result for “exchange rate”

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INVESTMENT

EEC ID system set for September launch

Business, Komsan Tortermvasana, Published on 20/02/2024

» The Eastern Economic Corridor Office (EECO) aims to launch the EEC ID system by September as an additional part of the existing EEC visa scheme which will further ease the burden of foreign investors and workers in the 35 promoted zones in the three EEC provinces.

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GENERAL

Questions abound as AIS-3BB deal looms

Business, Komsan Tortermvasana, Published on 23/08/2023

» The acquisition of fixed broadband service provider Triple T Broadband (TTTBB) by major telecom operator Advanced Info Service (AIS) is unlikely to have a significant impact on the market or lead to a monopoly at the expense of consumers, according to telecom analysts.

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TECH

TKC targeting 20% growth in net profit

Business, Komsan Tortermvasana, Published on 28/02/2023

» SET-listed digital solutions provider Turnkey Communication Services (TKC) is targeting 20% growth in net profit this year, thanks to overall investment in digital infrastructure by the state and private sector, especially cybersecurity development and smart solutions.

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BUSINESS

Jay Mart builds token interest

Business, Komsan Tortermvasana, Published on 26/06/2021

» From a small electrical appliance shop on Phatthanakan Road in Bangkok three decades ago, Jay Mart has become a tech-driven empire with a market cap of 35 billion baht under the reins of Adisak Sukumvitaya, who controls the business under the maxim "be first and stay different".

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BUSINESS

Operators urge NBTC to honour fee pledge

Business, Komsan Tortermvasana, Published on 15/02/2021

» Mobile operators are urging the telecom regulator to comply with its earlier pledge to reduce the universal service obligation (USO) fee rate and waive the mobile phone numbering fee for three months as part of incentives for carriers that were asked to provide 10 gigabytes of free data to subscribers in April last year to help users suffering during the first outbreak.

BUSINESS

InTouch welcomes Gulf share move

Business, Komsan Tortermvasana, Published on 07/01/2021

» SET-listed InTouch Holdings regards the move by Gulf Energy Development Plc, the country's top power generation firm by capacity, to acquire a 14.39% stake in the company as a "positive" note, saying this reflects the holding's attractive dividend yield and favourable business direction.

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BUSINESS

Reach for the stars

Business, Komsan Tortermvasana, Published on 07/11/2020

» Stargazing at night may be relaxing for many people, but mu Space and Advanced Technology, a Thailand-based satellite and space tech firm, is hard at work, conceiving of business opportunities in space that could emerge in the years to come.

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BUSINESS

Mu targets $25m Series B funding for smart factory

Business, Komsan Tortermvasana, Published on 19/10/2020

» Mu Space and Advanced Technology, a Thailand-based satellite and space tech firm, aims to raise up to US$25 million (779 million baht) in its Series B funding round, expected to wrap up by the end of this year, which could elevate the company's valuation to more than $100 million.

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BUSINESS

AIS-TOT tower dispute ends amicably with 10-year deal

Business, Komsan Tortermvasana, Published on 06/09/2019

» Mobile operator Advanced Info Service (AIS) Plc, through subsidiary Advanced Wireless Network (AWN), has sealed a 10-year contract to rent 13,198 telecom towers from TOT Plc, in a deal touted as a win-win solution after years of legal wrangling over the tower concession by the two parties.

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BUSINESS

Thai e-commerce to hit $13bn by 2025

Business, Komsan Tortermvasana, Published on 28/06/2019

» Thailand's e-commerce market value is expected to surge to US$13 billion by 2025 from last year's $3 billion on the back of strong global demand for Thai products.