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BUSINESS

China now tops world's movie market

Asia focus, Suwatchai Songwanich, Published on 28/12/2020

» China recently surpassed the United States to become the world's biggest movie market by ticket sales for the first time. China recorded box-office revenue of US$1.99 billion from January to October, topping US sales of $1.94 billion.

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BUSINESS

'Netflix of China' makes its mark

Asia focus, Suwatchai Songwanich, Published on 23/09/2019

» Entertainment is big business in China. iQiyi, China's largest video streaming service, is breaking new ground in this area. The company has been dubbed "the Netflix of China" for adapting the model of the popular US-based streaming service to suit the Chinese market.

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BUSINESS

AIA diversifies offerings in changing Thailand

Asia focus, Erich Parpart, Published on 11/12/2017

» AIA Group, the world's second-biggest life insurer by market value, continues to see Thailand as a "very important market" where it aims to increase the number of health and life protection products it offers, says CEO and president Ng Keng Hooi.

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BUSINESS

Even in a greener world, fossil fuels still rule

Asia focus, Erich Parpart, Published on 07/11/2016

» The current global trend may be "going green, going electric and going mobile", but fossil fuels will continue to dominate energy consumption globally, especially in developing countries, says the CEO of PTT Plc, Thailand's biggest energy company.

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BUSINESS

Good neighbour

Asia focus, Wanant Kerdchuen, Published on 28/12/2015

» Most people in Thailand know a few things about Cambodia but few understand the country the way Nuttavudh Photisaro does. In a country where many diplomats consider one posting to be enough, he is now on his third, this time representing Thailand as ambassador.

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BUSINESS

Road to opportunity

Asia focus, Wanant Kerdchuen, Published on 09/11/2015

» As one moves away from Ho Chi Minh City, the ceaseless blare of motorcycle horns begins to recede, while the roads get narrower and bumpier. Not far from Vietnam's bustling commercial capital, a speed limit of 50 kilometres per hour is enforced to prevent accidents caused by poor road conditions.

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WORLD

Cambodia calling

Asia focus, Umesh Pandey, Published on 14/09/2015

» As Thai companies start to see their sales tapering off amid slow domestic consumption, some are reaping the benefits of earlier decisions to enter markets where the risks at times have spooked other investors aware of their chequered history.

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BUSINESS

For Thai banks, partnerships expand reach at low risk

Asia focus, Umesh Pandey, Published on 01/06/2015

» As global banking giants go on a slimming spree and regional banks in Asean say their size is appropriate, banks in Thailand are likely to continue their current strategy of servicing customers via partnerships and opening branches in some neighbouring countries.

BUSINESS

Bigger and better

Asia focus, Published on 26/01/2015

» Vietnam's central bank has begun a drive to strengthen the country's weak and inefficient banking sector through mergers and acquisitions that will create fewer but far more stable institutions.