Thailand

Thailand has approved its first national semiconductor strategy, targeting about $80 billion in cumulative investment and more than 230,000 jobs by 2050.

Thailand-focused private equity firm Lakeshore Capital has closed its third flagship fund at a $305 million hard cap for growth and buyout investments across Thailand and the Greater Mekong region.

Participants from 60 countries, including more than 1,000 C-suite executives and 500 investors, gathered in Bangkok, with over 1,500 business-matching meetings supporting investment and collaboration across the region.

Switzerland-based investment firm responsAbility will provide up to $25 million in non-recourse project financing, on behalf of its investors, to support the expansion of Verdant Energy’s solar portfolio in Thailand.

The U.S. Trade and Development Agency (USTDA) will fund a study of American small nuclear-reactor technology for Thailand's first nuclear power plant, part of Washington's push to promote its civil-nuclear industry abroad.

The U.S. Trade and Development Agency (USTDA) will fund a feasibility study for a "trusted" trans-Pacific submarine cable linking Thailand to the United States, a route designed to avoid the South China Sea.

TrueMoney is using Fireblocks embedded-wallet infrastructure for THBT Phase 2, a Thailand blockchain-payment pilot operating within regulatory sandboxes.

Thailand selected 17 projects worth a planned 121 billion baht for FastPass and announced added tax incentives for eligible BOI-promoted listings.

Thailand's Krungsri renewed a five-year agreement with Kyndryl covering core infrastructure, mainframe services, automation and AI-enabled operations.

Thailand's Gulf Development and Singapore's Singtel will invest in a Vietnam-Thailand-Singapore submarine cable to meet rising demand for cloud, AI and data-center services across Southeast Asia.