Showing 1 - 10 of 39
India's pledge no threat to local data centres
Business, Sirivish Toomgum and Suchit Leesa-nguansuk, Published on 04/02/2026
» Thailand's ambition to become Southeast Asia's data centre hub should not be directly affected by India's plan to offer a 20-year tax holiday to foreign firms using local data centres, as India is not a major rival to Thailand in attracting data centre investment, say local executives.
Suphachai rules out digital merger
Business, KOMSAN TORTERMVASANA and SIRIVISH TOOMGUM, Published on 28/01/2026
» Arise Ventures Group, the new major shareholder in True Corporation, insists it has not considered merging its True Internet Data Center Co Ltd (True IDC) and Ascend Money into True's organisational structure, as it could burden True's telecom business.
Digital growth to support static prospects in 2026
Business, Sirivish Toomgum, Published on 05/01/2026
» Thailand's challenging economic outlook in 2026 is partly offset by continued growth in the digital economy and a much-needed digital transformation of large and mid-sized companies, according to Sigve Brekke, group chief executive of True Corporation.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
A real game changer
Business, Suchit Leesa-nguansuk and Sirivish Toomgum, Published on 10/06/2024
» Many Thai companies are leveraging artificial intelligence (AI), including generative AI, to bolster operations and better serve customers.
Thailand unscathed by Western banking turmoil
Business, Somruedi Banchongduang, Wichit Chantanusornsiri, Nuntawan Polkwamdee and Sirivish Toomgum, Published on 27/03/2023
» Most economists from the public and private sectors expect the ongoing US and European banking crisis to have a limited effect on the Thai banking sector thanks to the solid fundamentals of local banks and the strong supervision of the Bank of Thailand.
Trying to keep a lid on consumer debt
Business, Lamonphet Apisitniran and Sirivish Toomgum, Published on 23/03/2023
» Thailand is stepping up its supervision of auto hire-purchase and leasing of cars and motorcycles to ensure consumer protection and deal with elevated household debt.
Banking on virtual success
Business, Somruedi Banchongduang, Sirivish Toomgum, Komsan Tortermvasana and Suchit Leesa-nguansuk, Published on 23/01/2023
» Leading companies in the financial, tech and telecom sectors have expressed interest in developing a virtual bank business, with the aim of exploring greater opportunities in the digital era.
Determining the future of virtual banking
Business, Somruedi Banchongduang and Sirivish Toomgum, Published on 18/01/2023
» The Bank of Thailand has issued a consultation paper for the virtual bank licensing framework as part of its hearings into the creation of virtual banks as new financial service providers. Below are details about virtual banks listed in the paper and frequently asked questions.
Gifts that keep on giving
Business, Phusadee Arunmas, Suchit Leesa-nguansuk and Molpasorn Shoowong, Published on 26/12/2022
» Festive sentiment during the last week before New Year celebrations is considered the best opportunity for the business sector to increase sales as economic uncertainties may cast a shadow on consumer confidence in 2023.