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BUSINESS

Private sector hails move to reopen malls

Business, Pitsinee Jitpleecheep & Phusadee Arunmas, Published on 16/05/2020

» Retailers and the private sector have hailed the government's decision to allow department stores, malls and other businesses to reopen on Sunday, hoping the move will boost the sentiment and spending of consumers.

BUSINESS

Comcast's Peacock Will Have Some Original Content Ready for July Launch

Business, Lillian Rizzo, Published on 18/05/2020

» Comcast Corp.'s NBCUniversal said some original shows would be ready for the July launch of its streaming service, Peacock, although the status of some series anticipated for the platform remains uncertain because of production delays caused by the pandemic.

BUSINESS

SoftBank's Big Bets Are Hit Hard by Coronavirus

Business, Rolfe Winkler & Phred Dvorak, Published on 18/05/2020

» The world's biggest tech fund was risky from the start, quickly pouring about $80 billion into cash-burning startups at high prices. A less-noticed part of SoftBank Group Corp.'s strategy has deepened the fund's losses and will likely weigh on any recovery.

BUSINESS

Majority of developers see weakening in first quarter

Business, Kanana Katharangsiporn, Published on 18/05/2020

» Most developers reported a year-on-year drop in first-quarter results, with revenue from low-rise houses outperforming that from condos.

BUSINESS

Facebook backs SMEs with $100m global scheme

Business, Suchit Leesa-nguansuk, Published on 18/05/2020

» Facebook Thailand aims to offer financial support, including advertising credit, for local small and medium-sized enterprises (SMEs) as part of the social media giant's US$100-million programme to help small businesses in 30 countries in the wake of the coronavirus pandemic.

BUSINESS

SEZ interest pales next to EEC

Business, Chatrudee Theparat, Published on 18/05/2020

» Investment applications for 10 special economic zones (SEZs) remain low compared with those made for the flagship Eastern Economic Corridor (EEC), with the number of projects and investment value totalling 75 projects and 11 billion baht, respectively, from 2015 to April 1, 2020.

BUSINESS

DKSH and Loxley test BYD electric van

Business, Published on 18/05/2020

» DKSH Thailand, a provider of market expansion services in Asia, has partnered with Loxley Plc to trial the use of BYD's T3 100% electric van at DKSH's Bang Na distribution centre to tackle air pollution and promote zero-emission solutions.

BUSINESS

Payment safety a priority

Business, Published on 18/05/2020

» As countries impose or strengthen social distancing measures due to Covid-19, a significant majority of consumers have turned to contactless card payments for necessary purchases, according to consumer polling by Mastercard.

BUSINESS

Small brewers pour into Vietnam

Business, William Hicks, Published on 18/05/2020

» Factories are not the only business moving into Vietnam — Thai craft beer has found an unlikely home in the neighbouring country, thanks to stiff regulations that keep small players from entering the market back home.

BUSINESS

Most airlines likely to pare back networks

Business, Dusida Worrachaddejchai, Published on 18/05/2020

» Most airlines are expected to shrink their networks with more compact fleet sizes, while the aviation industry is predicted to be 20-30% smaller.