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GENERAL

Sales on course to achieve double-digit growth this year

Business, Suchit Leesa-nguansuk, Published on 25/01/2024

» Thailand's retail industry is expected to register double-digit growth this year, driven by private consumption and government stimulus measures.

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GENERAL

Media spending on course for 4% gain this year

Business, Suchit Leesa-nguansuk, Published on 24/01/2024

» Media spending is expected to grow by 4% this year, similar to 2023, propelled by online, TV and out-of-home media as political stability and government economic stimulus drive demand.

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GENERAL

Thai e-commerce rivalry set to surge

Business, Suchit Leesa-nguansuk, Published on 23/01/2024

» Geopolitical conflict between the US and China is bringing new e-commerce players into Thailand, which is expected to heat up market competition and widen the cross-border e-commerce market.

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GENERAL

Lazada chief set for exit

Business, Suchit Leesa-nguansuk, Published on 20/01/2024

» Lazada Thailand is planning to replace its chief, according to a source close to the e-marketplace operator who requested anonymity.

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VGI targets advertising growth on expanding skytrain lines

Business, Suchit Leesa-nguansuk, Published on 18/01/2024

» VGI Plc, an out-of-home (OOH) media firm, plans to grow in line with the expansion of new mass transit lines, using its audience profile to offer more financial and retail services.

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GENERAL

Chat commerce set to surge

Business, Suchit Leesa-nguansuk, Published on 16/01/2024

» Line Thailand forecasts that the value of chat commerce will reach 1.14 trillion baht in 2028, up from 462 billion baht in 2023, with a compound annual growth rate of 19.2%.

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GENERAL

Losses tally B6.76bn in past 70 days

Business, Suchit Leesa-nguansuk, Published on 16/01/2024

» Cybercrime caused damage tallying 6.76 billion baht over the past 70 days, according to the Cyber Crime Investigation Bureau.

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GENERAL

Unleashing the power of AI

Business, Suchit Leesa-nguansuk, Published on 15/01/2024

» The recent launches of more artificial intelligence (AI)-enabled devices, especially PCs and smartphones, provide consumers with AI assistants that will enable them to perform tasks conveniently and efficiently, according to tech analysts.

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GENERAL

Konvy aiming to achieve unicorn status by 2027

Business, Suchit Leesa-nguansuk, Published on 12/01/2024

» Konvy International, a Bangkok-based online beauty platform, aims to become a unicorn by 2027 via expansion in Southeast Asia and a plan to go public by that time.

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GENERAL

2C2P bullish on revenue growth in 2024

Business, Suchit Leesa-nguansuk, Published on 12/01/2024

» 2C2P (Thailand), a global payments platform under the Ant Group, has continued to grow by gaining more merchant partners from Alibaba while catering to small and medium-sized enterprises (SMEs) operating offline, enabling them to receive e-wallet payments from Chinese visitors to Thailand.