Thai Airways drops to 46th position in 2022 Skytrax World Airline Awards

Qatar Airways has been voted the World’s Best Airline for a record seventh time at the 2022 World Airline Awards, winning the prestigious Airline of the Year 2022 title.

New investment makes LINE MAN Wongnai Thailand’s largest tech startup

LINE MAN Wongnai was established in 2020 from the merger of LINE MAN, Thailand’s No. 1 on-demand assistant app, and Wongnai, a restaurant review platform. The company aims to be the most innovative e-commerce platform for services in Thailand

Thailand’s Central Group acquires British retailer Selfridges

Central made the purchase in partnership with Signa Holding of Austria for a reported price of $4.76 billion

Moody’s revises Thai Oil’s outlook to stable from negative

Thai Oil’s Baa3 ratings continue to incorporate two notches of uplift based on Moody’s assessment of likely extraordinary support from its parent, PTT Public Company Limited (PTT, Baa1 stable), during a period of stress.

Top 50 APAC firms report 21% growth in 2021 aggregate revenue

An analysis of GlobalData’s Company Reports Database reveals that seven companies out of the top 50 reported an increase of over 40% in their revenue and three companies reported a decline of more than 3%. The list included 28 companies from China, all of which, registered year-on-year growth.

How to Establish a Branch Office in Thailand

Establishing a branch office in Thailand can be more complex, costly, and timely when compared to incorporating a private limited company. However, the advantage of a branch office is that it can be 100 percent foreign-owned.

APAC region records 119% QoQ growth in M&A deal value in Q2 2022

India, Australia and China were the top three countries when measured in terms of M&A deal value in Q2, with India accounting for half of the top 20 deals. South Korea, Indonesia, Malaysia, and Japan were the next top countries that contributed to a surge in M&A deal value.

Asia-Pacific: Companies face rising credit risks despite shorter payment delays

Coface’s 2022 Asia Corporate Payment Survey, conducted between November 2021 and February 2022, provides insights into the evolution of payment behaviour and credit management practices of about 2,800 companies across the Asia Pacific region during another pandemic year.