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Search Result for “Philippines”

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Lazada uses AI to woo female Gen Z shoppers

Business, Suchit Leesa-nguansuk, Published on 23/09/2024

» Lazada Thailand says it will continue its investment in personalisation based on artificial intelligence (AI), while also renovating its Live selling feature.

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GENERAL

All eyes on Thai baht

Business, Published on 23/09/2024

» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.

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GENERAL

FWD intent on expanding market share

Business, Nareerat Wiriyapong, Published on 21/09/2024

» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.

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Baht’s biggest rally since 1998 threatens tourism, exports

Bloomberg News, Published on 20/09/2024

» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.

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Malaysia, Cambodia launch cross-border QR payments

Published on 19/09/2024

» KUALA LUMPUR - The central banks of Malaysia and Cambodia on Thursday launched a cross-border quick response (QR) payment linkage between the two countries, allowing consumers and merchants to make and receive instant retail payments through mobile applications.

GENERAL

ASPS: Big rate cut raises recession odds

Business, Nuntawun Polkuamdee, Published on 19/09/2024

» A large Federal Reserve interest rate cut this week may be followed by a US recession in the next six months, according to Asia Plus Securities (ASPS), which advised investor caution as the central bank is expected to start a programme of easing this month.

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SCG preps green transformation

Business, Lamonphet Apisitniran, Published on 18/09/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, plans to allocate 200 billion baht to develop its businesses between 2025 and 2030, in a bid to make them more eco-friendly and competitive.

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Financing Southeast Asia's energy transition

Business, Published on 11/09/2024

» It is unusual to feel nostalgia when you glimpse the future. Seeing an electric rickshaw for the first time, I couldn't help but smile, remembering the spluttering sound of rickshaws that filled the crowded Indian streets of my youth. New electric models are quickly becoming a more common sight in the parts of Southeast Asia that share that three-wheeled transport tradition.

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Thailand to move ahead with casinos plan, official says

Published on 05/09/2024

» The government will move ahead with plans for a mega entertainment complex that would house casinos in Thailand, Deputy Finance Minister Julapun Amornvivat said on Thursday.

GENERAL

DBS targets wealth management growth in Thailand

Business, Nuntawun Polkuamdee, Published on 05/09/2024

» Consumer bank DBS Singapore is aggressively expanding its wealth management business in Thailand through subsidiary DBS Securities (Thailand), aiming to triple assets under management (AUM) here to 300 billion baht within two years.