Digital technology is drastically reshaping Thai media “…journalism has never died despite the disruption. It’s just that media organisations and reporters are unable to survive because they cannot adjust to changes.” The Thaiger is a news and information portal, just one of a growing number of ‘disruptive media’ replacing traditional media and news outlets. It…
Thai advertisers deserting Print, but love Cinema and Transit ads Thai businesses are shunning newspapers and magazines for advertising, but still support cinema advertising and ‘transit’ media. Newspaper advertising spend dropped nearly 28%. Magazine spending wasn’t far behind dropping nearly 25%, year on year. Thailand’s advertising spend dropped 0.42% year on year in July to…
Restaurant business in Thailand…is it still worth investing ? Restaurant business tends to be constantly growing as a result of structural change like smaller household and changing consumer lifestyle. Restaurant business still has a chance to grow amidst economic fluctuation. EIC estimates a 4-5% business expansion in 2019-2020 as a result of changing population structure:…
IMF cut global growth GDP in 2019 to 3.3% warning of higher risk The International Monetary Fund (IMF) announced its downward revision of global growth estimate in 2019 to 3.3%, down from 3.5%, and of global trade volume estimate to 3.4% from 4% The International Monetary Fund (IMF) announced its downward revision of global growth…
Top 10 tips for marketing if you’re a small to medium business The marketing and advertising world is evolving quickly. And you need to evolve with it. How you used to successfully market your business ten years ago… five years ago… even last year, needs to be different today so you can reach more customers…
Thai exports fell by -5.8%YOY in May 2019 Reported negative growth in May represented a seven-consecutive month decline, with growth plummeting to a 34-months lowest rate. The value of Thai exports fell by -5.8%YOY in May 2019, after a -2.6%YOY contraction in the previous month. Reported negative growth in May represented a seven-consecutive month decline,…
Visitor numbers to rise 7% to 39-39.8 million in 2019 The overall annual visitor number this year is now expected to be 39-39.8 million, a 2-4% increase on last year. BANGKOK, 2 July 2019(NNT) – Visitor numbers in the latter half of 2019 are expected to reach 20.1 million following proactive marketing campaigns by tourism…
Kasikorn Bank lowers 2019 GDP growth forecast to 3.1% Kasikorn Research Center (KResearch) has adjusted its expected GDP growth figure this year, lowering it from 3.7 to 3.1 percent, following Bank of Thailand lowering estimates from 3.8% to 3.3% Kasikorn Research Center (KResearch) has adjusted its expected GDP growth figure this year, lowering it from…
KBank’s Lao unit helps finance Bangkok Chain group for construction of hospital in Vientiane As part of its continual support for investment in Laos, Kasikornthai Bank Ltd, Lao PDR, has offered a financial facility to Bangkok Chain Hospital (BCH), a listed Thai company, for the construction of the 254-bed Kasemrad International Hospital Vientiane, which is…
King Power wins Duty Free auction for Thailand’s main airports King Power is adding three regional airports to its duty-free concession portfolio after winning the bid for Suvarnabhumi BANGKOK, 12 June 2019 (NNT) – King Power today won the bidding to run duty-free shops in three regional airports, marking another victory for the firm which…