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BUSINESS

Buzzebees shelves listing amid adverse conditions

Business, Suchit Leesa-nguansuk, Published on 13/02/2025

» Buzzebees, a loyalty and digital engagement platform company, has postponed its plan to file for an initial public offering (IPO) on the Stock Exchange of Thailand (SET) due to unfavourable market conditions.

BUSINESS

Bangkok Bank targets SE Asia for growth

Business, Somruedi Banchongduang, Published on 30/01/2025

» Bangkok Bank (BBL) is focusing on four high-growth economies in Southeast Asia to drive its international banking business this year.

BUSINESS

Bolt to invest B400m in Thai expansion

Business, Suchit Leesa-nguansuk, Published on 23/12/2024

» Estonia-based ride-hailing company Bolt plans to invest 400 million baht in 2025 to expand its presence for a period of two years.

BUSINESS

Thai Union Group aims to gain $7bn revenue by 2030

Business, Kuakul Mornkum, Published on 12/11/2024

» SET-listed Thai Union Group Plc (TU), the world's leading marine health and nutrition company, unveils Strategy 2030to achieve US$7 billion revenue and double earnings in six years.

BUSINESS

SCGD looks to Asean to boost revenue by 10%

Business, Lamonphet Apisitniran, Published on 25/07/2024

» SCG Décor (SCGD), a decor surface and bathroom business operator, expects its revenue to grow by 10% year-on-year to 30 billion baht, driven by more sales, including sales of green products, in the Asean market.

BUSINESS

Gulf, Google unite to develop sovereign cloud service

Business, SUCHIIT LEESA-NGUANSUK & Yuthana Praiwan, Published on 28/06/2024

» The partnership between Gulf Energy Development (Gulf) and Google Asia-Pacific to launch an artificial intelligence (AI)-enabled sovereign cloud service in Thailand aims to tap a new market for those needing digital sovereignty amid geopolitical conflicts while capitalising on Thailand's Cloud First policy.

BUSINESS

Gulf quashes KBank takeover rumour as stake increases

Business, Somruedi Banchongduang, Published on 26/04/2024

» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.

BUSINESS

Firms predict strong growth as digital investment persists

Business, SUCHIT LEESA-NGUANSUK and KOMSAN TORTERMVASANA, Published on 04/03/2024

» Listed technology companies are upbeat about growth opportunities this year despite the subdued economy, thanks to ongoing digital transformation in the public and private sectors.

BUSINESS

KBank focuses on Vietnam, Indonesia

Business, Somruedi Banchongduang, Published on 04/01/2024

» Kasikornbank (KBank) is focusing on expanding its international banking business this year in Vietnam and Indonesia based on the high growth potential of the two Asean economies.

BUSINESS

KFIN to push investment in tech startups

Business, Somruedi Banchongduang, Published on 11/12/2023

» Krungsri Finnovate Co (KFIN), a corporate venture capital arm of Bank of Ayudhya (Krungsri), plans to expand investment in tech startups in regional markets to support its parent company's business operations in Asean.