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GENERAL

Penalties implored for data breaches

Business, Suchit Leesa-nguansuk, Published on 16/02/2024

» State agencies have vowed to tighten measures to tackle personal data leaks, promising heavier penalties and beginning on-site audits next month of 85 organisations that have 100,000 personal datasets or more.

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GENERAL

Baht dips on US inflation figures

Business, Published on 15/02/2024

» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.

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GENERAL

Phone makers target Thais with new high-end models

Business, Suchit Leesa-nguansuk, Published on 09/02/2024

» Smartphone manufacturers are parading their premium devices with artificial intelligence (AI) capabilities, foldable mobile phones, and gaming mobile phones to woo affluent Thai consumers in the first quarter.

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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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GENERAL

A crucial year for True

Business, Published on 16/01/2024

» True Corporation, the largest mobile phone operator based on subscriptions, views that the next 365 days will be crucial for the company during which it has to put all key jigsaw pieces in place and adjust overall operations, aiming to break-even one year sooner than it originally expected, after completing its merger with Total Access Communication (DTAC) in March 2023.

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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

NTT Data renews vow for Asian leadership

Business, Published on 06/01/2024

» NTT Data Inc, a leader in technology services, has outlined its new global operating model, while repledging its commitment to the Thai market.

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GENERAL

E-commerce competition set to heat up

Business, Suchit Leesa-nguansuk, Published on 06/01/2024

» The round of layoffs taking place at Alibaba-owned Lazada in Southeast Asia signals tougher competition in Thailand's e-commerce sector as players jockey for profit growth to increase investor confidence and prepare for new rivals.

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GENERAL

Baht to strengthen against US dollar

Business, Nareerat Wiriyapong, Published on 04/01/2024

» The baht could strengthen to 33 to the US dollar in the near term as the market is convinced the US Federal Reserve will start cutting interest rates by as early as March, bringing back fund inflows to the Thai currency.

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GENERAL

Lower interest rates expected to help insurers

Business, Nareerat Wiriyapong, Published on 03/01/2024

» Lower interest rates should benefit the Thai insurance industry this year, but challenges remain in terms of geopolitical instability, election-related uncertainties in several countries, and an expected decline in the margin of retirement savings, according to Allianz Ayudhya Assurance.