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BUSINESS

Ericsson backs Thailand's digitalisation

Business, Suchit Leesa-nguansuk, Published on 18/11/2022

» As Thailand moves towards mainstream 5G adoption by 2025, the country needs to accelerate the 5G ecosystem, establish a strong digital infrastructure, ensure availability of more spectrum bands, and drive tech partnership and sustainability initiatives to accelerate digitalisation and support socio-economic growth, according to Swedish telecom equipment firm Ericsson.

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BUSINESS

Thai Mice sector forecast to generate $12bn by 2027

Business, Suchit Leesa-nguansuk, Published on 19/11/2022

» Thailand has the potential to become the Asean hub of Mice (meetings, incentives, conferences and exhibitions), with the country's industry forecast to reach US$12 billion by 2027, buoyed by world-class venues and its multicultural nature, according to global event organiser RX.

BUSINESS

Meta upbeat on 5-10 year outlook

Business, Suchit Leesa-nguansuk, Published on 19/11/2022

» The metaverse is expected to gain momentum in the mass market in 5-10 years, while various emerging technologies require regulation in a responsible manner without undermining the innovative power of technology, according global tech powerhouses Meta and Amazon Web Services (AWS).

BUSINESS

Nation can be hyperscale data centre base

Business, Suchit Leesa-nguansuk, Published on 23/11/2022

» Thailand can be at the forefront of the hyperscale data centre sector in Asean after global tech giants Google and Amazon Web Services (AWS) announced plans to set up cloud infrastructure hubs in the country, according to Vertiv, a global provider of equipment and services for data centres.

BUSINESS

Zort, Investree team up to help SMEs access funding

Business, Suchit Leesa-nguansuk, Published on 24/11/2022

» Zort, a seller management platform, has partnered with crowdfunding portal Investree to provide access to funding for small and medium-sized enterprises (SMEs) by leveraging their sales and business data.

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BUSINESS

Buy now, pay later lures apps and e-marketplaces

Business, Suchit Leesa-nguansuk, Published on 24/11/2022

» Super apps and e-marketplaces are making a foray into buy now, pay later (BNPL) services in Thailand to stimulate consumption amid economic headwinds and stagnant inflation.

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BUSINESS

Innovation agency to finance startups

Business, Suchit Leesa-nguansuk, Published on 12/11/2022

» The National Innovation Agency (NIA) has allocated 200 million baht to fund startups associated with six S-curve sectors in a bid to improve Thailand's competitiveness.

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BUSINESS

On-demand app struggle poised to intensify in 2023

Business, Suchit Leesa-nguansuk, Published on 15/11/2022

» Thailand's on-demand commerce battle between "super apps" is expected to intensify in 2023 amid slower market growth, economic headwinds and an exodus of funding, as some food delivery players are likely to exit the market next year, according to industry pundits.

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BUSINESS

Line eyes new tools and features to push up sales

Business, Suchit Leesa-nguansuk, Published on 10/11/2022

» Line Thailand is rolling out various tools and features for targeted advertising, aimed at increasing opportunities for merchants to enhance their sales revenue with better cost optimisation.

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BUSINESS

The nobility of perfume

Business, Suchit Leesa-nguansuk, Published on 11/11/2022

» 'The shift to creating new prestige luxury perfumes leads to extraordinary personalisation, intimate with emotion", says Marc Chaya, chief executive and co-creator of Maison Francis Kurkdjian.