The relentless rise of e-commerce made last year the worst yet for traditional retailers. Shoppers around the world have made it clear that they want to do more browsing as well as buying online. Shares of Amazon.com rose 55% last year and this month it became just the second UScopy-trillion company in history (Apple was the […]
Read MoreJust a month after customer data was reported stolen from Kasikornbank (KBank) and Krungthai Bank (KTB) by unidentified hackers, the local banking sector was dealt another blow on the Aug 31-Sept 1 weekend by an electronic system glitch that lasted several hours, leaving tens of thousands of customers stranded and delaying millions of financial transactions. The influx […]
Read MoreThe highly competitive e-commerce market in Thailand is expected to drive growth in online retail, representing a 10% share of the overall retail market in five years from only 3% today, say leading players. Big names such as JD Central, a joint venture between Thailand’s Central Group and Chinese internet giant JD.com, are set to launch in […]
Read MoreThe domestic economy looks safe and sound amid a wave of emerging-market turmoil, in stark contrast with 1997, when Thailand gave rise to an economic contagion that spread across Asia. The country’s large current account surplus and foreign reserves, plus a low level of public and foreign-denominated debt, should cushion any impact from the Indonesian rupiah’s slide, […]
Read MoreThai Airways International Plc (THAI) will raise the fuel surcharge rate on 58 routes starting from September 14 due to the increasing fuel prices. THAI president Sumeth Damrongchaitham said the decision was made after a study of internal and external factors including sharply rising fuel costs, which the airline has been absorbing while competitor airlines […]
Read More(MENAFN) Lao and Thai officials were unveiled to be set to hold talks aimed at discovering ways to increase their joint trade value. The officials from both countries will conduct a high-level trade meeting from Tuesday until Thursday in the Lao capital Vientiane. Vientiane Times reported the officials to be seeking measuring to boost bilateral […]
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Thailand
