WeWork opens up in Bangkok. What is WeWork?

WeWork opens up in Bangkok. What is WeWork

WeWork opens up in Bangkok. What is WeWork? “This will pave the way for WeWork’s unique proposition to connect two major groups within the WeWork community: corporations looking to innovate, and start-ups looking to grow and better establish their business.” WeWork has started operations in Thailand. So what is WeWork? WeWork – a platform for…

Thai exports pay price for US-China trade war

Thai exports pay price for US-China trade war

Thai exports pay price for US-China trade war US markets the new hope after shipments slump to a 24month low last month. THAI EXPORTS contracted in April by 2.6 per cent year on year, hitting their lowest level in 24 months, impacted by the US-China trade war, the Commerce Ministry said yesterday, adding it was…

EGCO posts 47% Q1 gain due to increased power generation

EGCO posts 47% Q1 gain due to increased power generation

EGCO posts 47% Q1 gain due to increased power generation Electricity Generating Public Company Limited is showing Bt2,915 million in first-quarter 2019 operating profit as it looks to future growth. Looking forward, EGCO Group is planning to convert its former power plant land in Rayong into an industrial estate within the Eastern Economic Corridor (EEC)…

Thai Economy likely to miss the 3.5% growth target

Thai Economy likely to miss the 3.5% growth target

Thai Economy likely to miss the 3.5% growth target Deputy Prime Minister Somkid Jatusripitak said the global economic slowdown hasweakened exports and reduced domestic consumption Deputy Prime Minister Somkid Jatusripitak said the Thai economy is likely to stay below the 3.5% growth target as projected earlier. He said the global economic slowdown hasweakened exports and…

The future of digital TV in Thailand

The future of digital TV in Thailand

The future of digital TV in Thailand Digital TV industry encounters pressures from both revenue and cost perspectives leading to a downward trend in operating margin In January 2019, the National Broadcasting and Telecommunications Commission (NBTC) approved in principle for recall of the 700MHz band, currently being used for digital terrestrial television, for 5G development…

Citi bullish on tech stocks outlook

Citi bullish on tech stocks outlook

Citi bullish on tech stocks outlook CITI Thailand, undaunted by the global economic slowdown and escalating trade war between the superpowers, is pressing ahead with the launch of a technology fund that it believes will beat other investment sectors. Don Charnsupharindr, director and retail banking head for Citi Thailand, said the company has partnered with…

Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures Bangkok – The Director of the UTCC’s Economic and Business Forecasting Center, Thanavath Phonvichai, says that the 25% tariff imposed by the US on Chinese goods could have an adverse impact on the global economy already facing a slowdown. The UTCC projected that Thai exports will grow by…