Line Man Wongnai eyes IPO in 2-3 years
A delivery worker from Line Man Wongnai picks up an order amid the Covid-19 outbreak. Mr Yod earlier told the Bangkok Post that Line Man Wongnai had been considering raising funds either through venture capital or an IPO. He said the pandemic makes it possible for Line Man Wongnai to become Thailand's first unicorn by this year. Line Man Wongnai aims to increase the number of cloud kitchens from three to eight this year to cater to restaurants focusing more on online expansion to reduce costs. Line Man Wongnai was created through the merger of restaurant review platform Wongnai and on-demand and delivery app Line Man in September last year.
Source:Bangkok Post
May 17, 2021 23:37 UTC
From Bitcoin to Dogecoin: What's Driving Cryptocurrencies' Rise
Limitations on stock trading by brokerage firms earlier in the year might have pushed some Reddit day traders to crypto, investors say. Dogecoin's wild swings are a warning to bitcoin investors as well. Futures and Options TradingTrading volume has climbed during the pandemic as a growing pool of investors have gained access to crypto markets through a variety of platforms. The fees have skyrocketed as cryptocurrencies have exploded in popularity, limiting the rationale for using bitcoin for small transactions. That has led to concerns that bitcoin's rise could have a larger environmental impact than other cryptocurrencies as more computers are deployed to find bitcoin, using more electricity than previously.
Source:Bangkok Post
May 17, 2021 12:56 UTC
Thai banks strong, can weather uncertainty
Thai banks strong, can weather uncertainty - BoTThe banking sector remains strong despite the country being battered by a new Coronavirus outbreak, the central bank says. Corporate loans grew 3% in the March quarter from a year earlier while consumer loans increased at a faster pace of 5.3%. Loan quality remained stable, helped by credit assistance and revised rules on loan classification, the BoT said. Non-performing loans (NPLs) was little changed at 3.1% of total lending at the end of March from 3.12% at the end of December. However, bad loans in the tourism sector and related businesses remained a worry, Ms Suwannee said.
Source:Bangkok Post
May 17, 2021 08:37 UTC
Covid heat building up for government
Covid heat building up for governmentPeople at The Mall Bang Kapi in the capital get vaccinated against Covid-19. The government is turning to the private sector — such as department stores and private hospitals — to provide locations for its jab drive. It was the latest indication of what has gone wrong with the government's latest handlings of the pandemic. Just recently prison authorities boasted that it had in place effective measures to control infections within its premises. I'm reminded of a saying by an American president, Harry S Truman: "If you can't take the heat, get out of the kitchen."
Source:Bangkok Post
May 15, 2021 00:11 UTC
Market passes virus test, but many folk don't
Market passes virus test, but many folk don'tNormally, I would be upset at being banned from entering the fresh market in my community. As it happened, my temperature was a tad high, close to 37 degrees Celsius. Coronavirus, in its many guises, has been present in the Kingdom for almost two years now and still shows no signs of abating. That was until a cluster of infections in the Thong Lor area of Bangkok appeared to set off the third, and most severe, wave of infections early last month. People had quickly returned to their old habits and compliance with sensible measures to limit the impact of new cases had fallen considerably.
Source:Bangkok Post
May 15, 2021 00:11 UTC
Covid's effects on our kids
Covid's effects on our kidsThe Covid-19 pandemic presents great challenges for policy makers who are trying to come up with policies to help people adjust to the "new normal". The survey stated that children as young as three years old have been exposed to the internet. As students at kindergarten level need to attend classes online, parents have been forced to allow their kids to connect to the internet. Research has found that a lot of the content the kids are consuming does not enhance their creative development. This concern about young children being overly-exposed to the internet may sound trivial in comparison to the magnitude of Covid's impact on people's health and our economy.
Source:Bangkok Post
May 15, 2021 00:11 UTC
Fair auction to determine fate of Thaicom satellites
Thaicom operates the Thaicom 4 satellite for broadband service and Thaicom 6 for broadcasting service. Mr Chaiwut said the DES ministry has yet to determine the conditions of NT's partner for Thaicom 4 and 6. Mr Chaiwut also acknowledged the DES Ministry is in the arbitration process with Thaicom in two dispute cases. The ministry demands Thaicom build and deliver a replacement satellite for Thaicom 5 or pay compensation of around 7 billion baht if it cannot do so. Thaicom argues the ministry was informed in advance about the satellite's lifespan before it was approved for launch.
Source:Bangkok Post
May 13, 2021 23:26 UTC
Backsliding by Myanmar
Backsliding by MyanmarJust weeks after the Association of Southeast Asian Nations (Asean) revealed to the world its "breakthrough" on the Myanmar crisis at a special summit in Jakarta on April 24, the grouping is more or less back to square one. This week the Myanmar junta stunned its Asean friends when it made a U-turn on an agreement reached during the April 24 summit. It said a visit by a special envoy to Myanmar which it earlier backed would now have to be put off "until stability is established". For a start, the group must press harder for a more acceptable gesture from the Myanmar junta; backsliding is a no-no. The bloc needs to remind its wayward Asean friend that times have changed.
Source:Bangkok Post
May 13, 2021 23:26 UTC
Move into nature and be soothed and healed
As urban centres spread their borders, chewing up green and undeveloped land, one company has realised something. Despite all the conveniences and advantages of living in a thriving metropolis like Bangkok, there is more than a little value in a return to living amid nature — in fact, there is magic! Combining the best of modern, sophisticated urban living and a rural setting is The Forestias, a 398-rai (64-hectare) development located on Bang Na-Trat Road in Bangkok. Also crucial is the importance of family, which is not to be treated as some fad or trend. For sales and more information, please call The Forestias Official Call Centre 1265 or visit www.MQDC.com
Source:Bangkok Post
May 13, 2021 09:11 UTC
TEST YOURSELF: Escaping danger
TEST YOURSELF: Escaping dangerPhoto by Apichart JinakulLearn about sexual harassment with a fun board gameTest Yourself is where you can improve your reading skills. They teamed up with classmates Tippawadee Inthanon, 17, and Suvaree Ngampunja, 18, at Satri Wat Absornsawan School to create the board game Escape From Danger, to tackle sexual harassment. Tippawadee said they learned that sexual harassment means any unwelcome verbal, non-verbal or physical sexual action. According to a 2017 survey one in three people said they experience sexual harassment. ignore, escape, shout, report, trick, warn9. to make someone aware of a possible danger or problem …………….
Source:Bangkok Post
May 13, 2021 06:22 UTC
Go butterfly watching at Kaeng Krachan Park
Pang Sida National Park is located in Sa Kaeo province about 220km east of Bangkok. However, due to the Covid-19 travel restrictions, the national park has been closed since May 1. This leaves you with the other option of Kaeng Krachan National Park in Phetchaburi, about 190km southwest of Bangkok. The national park covers 2,915km² near the border with Myanmar. Kaeng Krachan National Park is also open for overnight stays.
Source:Bangkok Post
May 13, 2021 06:08 UTC
Klong Toey in big trouble
Klong Toey in big troubleAs the health authorities race against time to tackle the Klong Toey cluster, another crisis is looming in the country's biggest slum. Moreover, a number of businesses are facing crunch time as a result of state restrictions, including a ban on dine-ins at restaurants and constant closures of markets, which are a major source of employment for the Klong Toey community. One problem that cannot be ignored is the social stigma. It must be admitted that Klong Toey is a residential area for low-paid workers. Prateep Ungsongtham, a prominent slum leader, said the Klong Toey community now depends entirely on donations, such as food and necessities.
Source:Bangkok Post
May 12, 2021 23:37 UTC
Govt needs to get its vaccine priorities right
Govt needs to get its vaccine priorities rightThe government's recent change in its vaccination rollout plan to re-prioritise a risk group, the majority of them low-paid workers in the capital, may sound like a perfect preventive plan. Perhaps the BMA can learn more from Buri Ram province. From May 10-12, Buri Ram Hospital rolled out its Covid vaccination programme at Chang International Circuit. Buri Ram, a small town-turned-sport tourism destination has come up with a thoughtful vaccination programme. Others could simply show up with any documents, proving that they work in Muang Buri Ram district.
Source:Bangkok Post
May 12, 2021 23:37 UTC
Your horoscope for 14-20 May
Your spot-on horoscope for work, money, couples & singles from the Bangkok Post's famously accurate fortune teller. (♥) Don't make a promise to your partner unless you're sure you can commit to it, no matter how small you think it is. (♥) Work keeps couples very busy but they manage to find time to relax and meaningfully connect with each other. (฿) An older friend may help you get a side hustle or a temp job while you're waiting for a better option. Your partner won't make a big drama out of it but demand that you choose one and let the other go asap.
Source:Bangkok Post
May 12, 2021 05:03 UTC
Bumrungrad vaccinates doctors, staff
Bumrungrad vaccinates doctors, staffFrontline staff at Bumrungrad International Hospital wait to receive their Covid-19 vaccinations at the hospital. Bumrungrad International Hospital announced it has vaccinated 100% of its doctors and 50% of its frontline staff, a total of 2,000 people, since receiving vaccinations from the Thai government. Frontline staff includes nurses, pharmacists, physical therapists, medical technicians, radiologists, interpreters, orderlies, customer relations and financial officers, and maids. The hospital is also raising awareness about Covid-19 vaccines among staff and the general public via communications channels. It is also providing vitamins C plus, D, E and zinc to staff members to boost their immune systems.
Source:Bangkok Post
May 12, 2021 00:22 UTC