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BUSINESS

Pivot Digital eyes next growth curve for retail

Business, Suchit Leesa-nguansuk, Published on 15/07/2023

» The retail industry is moving towards creating an immersive shopping experience and a metaverse platform, says Pivot Digital Pte, a Singapore-based digital consulting firm specialising in financial and retail technology.

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BUSINESS

Bangkok Post among 300 victims of ransomware attack

Suchit Leesa-nguansuk, Published on 12/07/2023

» The Bangkok Post website was inaccessible for most of Wednesday, along with the sites of hundreds of other internet service users, due to a rare ransomware attack, according to its long-standing service provider.

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BUSINESS

Foxconn exits $19.4bn chip deal in India

AFP, Published on 11/07/2023

» TAIPEI" Taiwanese electronics giant Foxconn withdrew from a $19.4 billion deal with India's Vedanta to make semiconductors in the South Asian nation owing to "challenging gaps", it announced Tuesday.

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BUSINESS

Twitter rival Threads signs up 100 million users in 5 days

AFP, Published on 10/07/2023

» PARIS: The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.

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BUSINESS

Revenue to unveil chatbot

Business, Wichit Chantanusornsiri, Published on 10/07/2023

» The Revenue Department is preparing to introduce a chatbot to offer answers to taxpayers online as a new channel for virtual tax consultation, says director-general Lavaron Sangsnit.

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BUSINESS

Businesses report longer payment delays

Business, Published on 07/07/2023

» Fewer businesses in Asia-Pacific reported overdue payments in 2022, but the duration of payment delays increased markedly, according to Coface, the France-based multinational credit insurance and risk management specialist.

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BUSINESS

Regulator files fraud charges against Stark

Bloomberg News, Published on 06/07/2023

» The Securities and Exchange Commission (SEC) has filed charges against the largest shareholder and others involved in the management of Stark Corporation Plc, the industrial cable maker at the centre of an accounting scandal and debt default.

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BUSINESS

Stocks to rebound on government optimism - analysts

Bloomberg News, Published on 04/07/2023

» Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster optimism about the prospects of fiscal stimulus spurring sluggish economic growth, according to a survey of analysts.

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BUSINESS

IMF and Pakistan reach $3 billion stand-by deal

AFP, Published on 30/06/2023

» ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.