Trade watchdog eyes Shopee courier selection
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Users complain of higher costs and longer delivery times
published : 29 Jan 2021 at 18:42
8 A shopper uses a mobile phone to select items on the Shopee platform. (Bangkok Post photo)
Competition regulators are looking at the decision by Shopee, the country’s most popular e-commerce platform, to choose delivery services rather than letting customers do so, saying the practice could run afoul of the Trade Competition Act.
Shopee’s move to automatically select couriers for customers has prompted an outcry from some users, who have complained via social media of higher delivery costs and longer delivery times. Their comments have appeared under the hashtag “Shopee – this is not your business”.
The inoculation challenge The inoculation challenge
The government is being scrutinised for buying a Chinese vaccine with low efficacy rates and ties to CP Group, while the most of the population is being supplied by a firm with little experience with vaccines
published : 18 Jan 2021 at 04:30
4 The cabinet approved plans to procure several million doses of Covid-19 vaccines during 2021. Apichart Jinakul
The country is eagerly awaiting the administration process in February of CoronaVac, a Covid-19 vaccine developed by a Chinese biopharmaceutical company, which recently received a hefty investment from a Thai conglomerate.
As the race to develop effective Covid-19 vaccines heats up among several pharmaceutical companies, in an effort to counter the surge of infections worldwide, the Thai government is also in a race against time to secure much-needed vaccines, hoping inoculations will provide a beaco
A banner year for M&A deals
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Despite the pandemic, there were many large merger and acquisition agreements
published : 25 Dec 2020 at 07:00
1 A woman pushes a shopping cart in front of a Tesco Lotus store in Bangkok. CP Group s acquisition of the hypermarket chain was one of the largest deals this year. (Photo by Wisit Tham-ngern)
Merger and acquisition (M&A) activity looked strong at the beginning of 2020 with numerous transactions, including the acquisition of the Ninth Towers office building and Unilever House office building projects (US$186 million and $50.4 million, respectively) by CPN Retail Growth Leasehold REIT.
In the first quarter of 2020, according to international consulting firm KPMG, the real estate, infrastructure and construction sectors contributed 83.5% of the $1.36 billion M&A transaction value.