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BUSINESS

Mergers shake up the landscape

Business, Post Reporters, Published on 29/12/2022

» Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.

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BUSINESS

Tiptoeing through the minefield

Business, Post Reporters, Published on 31/12/2022

» 2023 should be the first time in three years Thailand can fully return to normal practices after Covid-19 was downgraded to endemic in October 2022. Yet busineses still need to stay alert to several obstacles on the horizon.

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BUSINESS

A challenging year ahead

Business, Post Reporters, Published on 03/01/2023

» Global economic growth in 2023 is expected to remain sluggish, following a year roiled by the war in Ukraine and soaring inflation.

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BUSINESS

Thailand caps year with over 11 million tourists

News, Post Reporters, Published on 25/12/2022

» Thailand has welcomed more than 11 million tourists so far this year, government spokesman Anucha Burapachaisri said on Saturday.

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BUSINESS

Rolling with the punches

Business, Post Reporters, Published on 27/12/2022

» This year has been packed with events that highlighted both progress and setbacks — unavoidable realities in the world of business. The year posed challenges for the government and businesses seeking new opportunities post-pandemic, sparked hope among car makers that are anticipating growth of the electric vehicle industry in Thailand, as well as unsuccessful attempts by some companies to further grow their businesses.

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BUSINESS

A turbulent economic ride

Business, Post Reporters, Published on 28/12/2022

» The spotlight in the business sector this year has been on policy rate hikes, the revival of tourism and the telecom mega-merger.

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BUSINESS

Rise of Chinese electric vehicles

Business, Post Reporters, Published on 27/12/2022

» While sales of electric vehicles (EVs) have been good this year, manufacturers -- most notably Chinese automakers -- have also marked a new chapter for Thailand's auto industry through significant investment projects.

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BUSINESS

Collapse of the SCB-Bitkub deal

Business, Post Reporters, Published on 27/12/2022

» Siam Commercial Bank (SCB), Thailand's oldest lender, announced on Aug 25 the collapse of its acquisition offer for 51% of the shares of Bitkub Online Co (Bitkub) from Bitkub Capital for 17.8 billion baht, citing regulatory issues.

BUSINESS

Insurance upheaval

Business, Post Reporters, Published on 27/12/2022

» A huge number of Covid-19 insurance lump-sum claims, spurred by the peak of the pandemic in 2021 and early this year, caused the closure of four insurance companies -- Asia Insurance, The One Insurance, Southeast Insurance and Thai Insurance -- as they did not have sufficient capital reserves to pay out on the claims.

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BUSINESS

THAI plans more Europe, Japan flights

News, Post Reporters, Published on 20/12/2022

» Thai Airways International (THAI) plans to add at least nine aircraft to its operational fleet in the first quarter of 2023 and will increase its flights to Europe and Japan to meet the rising demands of post-pandemic tourism, acting CEO Suvadhana Sibunruang said on Monday.