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Search Result for “payment technology”

Showing 1 - 10 of 55

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Poll: E-commerce value estimated at B5.96tn

Business, Suchit Leesa-nguansuk, Published on 04/06/2024

» The value of Thailand's e-commerce market was estimated at 5.96 trillion baht in 2023, driven by the insurance, art, entertainment, recreation, retail and wholesale sectors, according to a survey carried out late last year by the Electronic Transactions Development Agency.

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Officials ordered to draw up plans for economic stimulus

Business, Wichit Chantanusornsiri, Published on 01/06/2024

» Deputy Finance Minister Julapun Amornvivat has told three tax-related departments to devise stimulus measures to be presented to the economic cabinet within a week and a half.

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Startups seek to gain from digital wallet

Business, Suchit Leesa-nguansuk, Published on 21/05/2024

» Startup communities have called on the Finance Ministry to let them take part in the government's digital wallet scheme.

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PrimeStreet, Photon unite for energy

Business, Nuntawun Polkuamdee, Published on 20/05/2024

» PrimeStreet Capital, a Bangkok-based global venture capital (VC) fund manager, has signed an agreement with Photon Group, a Japanese asset management firm, aiming to pour US$150 million worth of investment into clean energy across Southeast Asia.

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BAM eager to keep lead in distressed assets sector

Business, Somruedi Banchongduang, Published on 18/05/2024

» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.

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DES readies systems to handle 50m digital wallet payments

Business, Suchit Leesa-nguansuk, Published on 01/05/2024

» The Digital Economy and Society (DES) Ministry is preparing its systems to support the government's digital wallet handout and ensure smooth implementation for 50 million Thais.

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You cannot spell retail without AI

Business, Published on 22/04/2024

» In Thailand it is common to hear people refer to shopping as a "hobby". During the pandemic, 94% of Thai consumers said online shopping had come to their rescue during Covid lockdowns.

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Restaurateurs adapting to maintain competitiveness

Business, Published on 19/04/2024

» While monitoring domestic purchasing power, Thai restaurant operators have adapted to stay competitive and grow their businesses in response to evolving customer preferences and lifestyles, says the head of a conglomerate.

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Consumer confidence slips for first time in 8 months

Business, Phusadee Arunmas, Published on 11/04/2024

» Consumer confidence fell for the first time in eight months in March, attributed to a slow economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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Expanding for the long term

Business, Suchit Leesa-nguansuk, Published on 06/04/2024

» Executives at long-standing conglomerate Yip In Tsoi Co Ltd credit expansion of its empire and navigating through challenges to foresight, business diversification and strong partnerships.