Thailand

XTransfer partners SCB to boost cross-border payments

XTransfer, the China-based business to business (B2B) cross-border trade payment platform and Siam Commercial Bank (SCB), Thailand's first indigenous bank, announced Monday the signing of a memorandum of understanding (MoU) to improve cross-border payments.

Thailand approves $3.1B data center projects

Thailand Board of Investment (BOI) has approved investment privileges for projects worth a combined 100 billion baht ($3.1 billion) in value, including data center projects by several international investors.

IFC invests $14M in MR. D.I.Y. Thailand IPO to boost access to affordable home improvement

To promote job creation and economic inclusion across Thailand, the International Finance Corporation (IFC) has invested THB 455.7 million ($14 million) as an anchor investor in the initial public offering (IPO) of MR. D.I.Y. Holding (Thailand) Public Company Limited (MR. D.I.Y. Thailand), a home improvement and lifestyle retailer with over 1,000 stores…

Thailand’s Pride Health raises $300,000 to boost LGBTQ+ healthcare across Asia

Pride Health, a Thailand-based company and Asia’s first LGBTQ+ digital healthcare platform, has raised $300,000 in a pre-seed round with A2D Ventures, Enterprise Singapore, First Move, and depa’s Digital Startup Fund (S2).

Thailand and China launch cross-border QR payment linkage

The Bank of Thailand (BOT) has announced the launch of a new initiative, the cross-border QR payment linkage between Thai banks and three Chinese payment service providers (Alipay, UnionPay, and WeChat Pay), on last Thursday.

OpenAI launches AI video creation app Sora in Thailand

OpenAI has on last Thursday launched the Sora app to Thailand, making it one of the first countries in Asia to access its next-generation artificial intelligence (AI) video creation experience.

NTT DATA Payment Services partners Jaidee App by ISARASERI to boost Thai SMEs with next-generation payment solutions

NTT DATA Payment Services (Thailand) Co., Ltd., an end-to-end payment service provider, and Jaidee App by ISARASERI, a provider of integrated Point-of-Sale (POS) and customer loyalty solutions, announced Monday a strategic partnership designed to transform the way Thai small and medium-sized enterprises (SMEs) manage their businesses and accept payments.

NITMX, Ant International, Krungthai Bank expand payment connectivity between Thailand and China via PromptPay

Global digital payment firm Ant International and National ITMX (NITMX) will team up to enhance and promote payments connectivity via PromptPay, between Thai merchants and Chinese consumers, which will be launched soon.

Thailand’s GetLinks acquires Xccelerate to create Asia’s first end-to-end AI workforce ecosystem

GetLinks, a Thailand-based artificial intelligence (AI)-driven talent platform, is acquiring Xccelerate, an education technology company specializing in workforce development and digital skills upskilling in key domains such as AI, big data analytics, cybersecurity, and UX/UI design.