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GENERAL

Most Thai jobs safe from AI

Business, Suchit Leesa-nguansuk, Published on 24/06/2024

» Artificial intelligence (AI) could have a muted impact on Thai employment, with less than 4% of employees in the service sector at high risk of being replaced by the technology, according to Kasikorn Research Center (K-Research).

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GENERAL

Line Man Wongnai fears more eateries may shutter

Business, Suchit Leesa-nguansuk, Published on 21/06/2024

» Line Man Wongnai has reported that the online food delivery market continues to grow, but the unfavourable economy could cause more than 50,000 to 100,000 small restaurants to close.

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GENERAL

Alibaba rumoured to dump Lazada

Business, Suchit Leesa-nguansuk, Published on 20/06/2024

» An industry source familiar with Alibaba and the e-commerce industry says the company is in talks with Central Group and Charoen Pokphand (CP) to sell its stake in Lazada Thailand, following intensifying competition in the local market.

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GENERAL

Fortinet points to surge in value of cybercrime by 2025

Business, Suchit Leesa-nguansuk, Published on 19/06/2024

» The financial impact of cybercrime on the economy and society is expected to surge to US$10.5 trillion by 2025, yet Thailand spends only 0.2% of corporate revenue on cybersecurity systems, according to global cybersecurity firm Fortinet.

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GENERAL

AutoStore sets up robot production base

Business, Suchit Leesa-nguansuk, Published on 19/06/2024

» AutoStore, a Norway-based automated fulfilment system, selected Thailand as its second overseas market to set up a robot manufacturing base, aiming for proximity to key markets.

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Survey reveals younger generations' preferences

Business, Suchit Leesa-nguansuk, Published on 18/06/2024

» Meaningful work, flexible work-life balance and career opportunities are key to recruiting and retaining Generation Z and millennial cohorts in Thailand, according to a survey by consulting firm Deloitte.

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GENERAL

Power, investment key to data centre goal

Business, Suchit Leesa-nguansuk, Published on 18/06/2024

» Promoting affordable renewable power and continuing investment in related infrastructure are key factors if Thailand is to achieve its goal of becoming a regional data centre hub, according to executives.

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GENERAL

TikTok in government tie-up to boost SME sales

Business, Suchit Leesa-nguansuk, Published on 13/06/2024

» The e-commerce platform TikTok Shop on Wednesday signed a memorandum of understanding (MoU) with the Department of Business Development to drive contributions from small and medium-sized enterprises (SMEs) to 40% of GDP by 2027, rising from 35%.

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GENERAL

Meta, Shopee roll out new feature in Thailand

Business, Suchit Leesa-nguansuk, Published on 13/06/2024

» Meta has integrated shopping features within its messenger service and collaborated with e-marketplace Shopee to use Shopee's merchant product catalogues for Messenger to help Shopee merchants close sales on multiple platforms.

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GENERAL

Food delivery, super apps see modest growth in 2023

Business, Suchit Leesa-nguansuk, Published on 12/06/2024

» Despite economic challenges, Thailand's food delivery and on-demand super apps continued to grow moderately last year.