Technology

Thailand emerging as a regional blockchain leader

Thailand emerging as a regional blockchain leader

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While United States regulators are still trying to figure out how to think about cryptocurrencies, Thailand’s government is already mapping out its own central bank digital currency. Tech Crunch says this is just one of numerous examples how Thailand has emerged as one the most interesting cryptocurrency and blockchain countries in Southeast […]

Banks to sell products via telephone, post offices

Banks to sell products via telephone, post offices

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BANGKOK: The Office of the Insurance Commission (OIC) is allowing financial institutions to sell insurance products via telesales and post offices, aiming to expand insurance penetration in rural provinces. OIC Secretary-General Suthiphon Thaveechaiyagarn said the OIC’s board of directors recently approved such permission. Bank staff are still forbidden to engage […]

73% of Thais are buying online – Experian

73% of Thais are buying online – Experian

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Three quarters of Thai consumers are making online purchases, with Beauty and Fashion, and Electronics being the top categories. However, as consumers continue to look towards convenience, fraud exposure will likely increase – these are the findings of the Digital Consumer Insights 2018 by the world’s leading information services company […]

Making your social media work

Making your social media work

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In the ever-changing world of social media, are you getting the best out of the platforms? Understanding how Social should be used to increase company sales or create a personal brand has never been more important than it is today. I cannot stress enough that this is a skill that […]

Failure to turn browsers into buyers – online travel booking

Failure to turn browsers into buyers – online travel booking

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A report from Ve Global indicates that there are far more travel browsers than travel buyers. The report shows that the dropout rate is as high as 95.5% when it comes time to paying online for a travel service. The data, advertising and marketing technology company’s report shows that every […]

Tourist safety tops Digital Economy Minister’s agenda in Phuket

Tourist safety tops Digital Economy Minister’s agenda in Phuket

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PHUKET: A slew of technology-focussed projects aimed at ramping up tourists’ safety topped the agenda during a visit by Digital Economy and Society Minister Dr Pichet Durongkaveroj to Phuket yesterday (Mar 16). Dr Pichet was in Phuket in person to hear from officials their top projects under the ambit of […]

Technology impact spurs mass bank staff layoffs

Technology impact spurs mass bank staff layoffs

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BANGKOK: Siam Commercial Bank (SCB) plans to downsize from 27,000 employees to 15,000 over the next three years and transform more than 600 branches to ready itself for the digital banking era. The bank is also poised to reduce its traditional branches from 1,153 to 400 between 2018 and 2020, said […]

IT guru looks to deliver freedom via Phuket crypto-investment

IT guru looks to deliver freedom via Phuket crypto-investment

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Phuket-based Oju Group has launched its own cryptocurrency OjuT (pronounced “oh-joo-tee”) in an ICO aimed at leveraging the company’s expansion to be upheld by real-world assets. Yet for Wu Di, the founder and driving force behind the group, the ICO represents so much more – it is a means to […]

New Phuket bus schedule App

New Phuket bus schedule App

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The Phuket Land Transport Office is launching a new application called “Bus Beam” connecting people with public transportations, gathering all the schedules for bus services around Phuket. There are 6 bus operators who have joined the application so far. The Deputy Director General of Land Transport Department, Cherdchai Sanansrisakorn along […]

E-payment players ready to rumble

E-payment players ready to rumble

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BANGKOK: Intense competition in payment services will propel e-payment use in the coming year as banks and fintech firms seek to lure customers with innovative digital services. Thailand has adopted a single standard QR (quick response) code for financial transactions, and e-wallet service providers are poised to ride the wave […]