Thailand
Indonesia,Thailand,News,Vietnam
IFC provides $64M green loan to boost renewable energy in Thailand, Indonesia, and Vietnam
A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with International Finance Corporation (IFC)'s $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region's growing energy demand.
March 6, 2024
Singapore’s Tada launches ride-hailing services in Thailand to take on Grab – report
Tada is one of five ride-hailing platforms licensed by the Singapore Land Transport Authority over the past five years. It secured a ride-hailing licence from Thailand's Department of Land Transportation earlier this year.
March 1, 2024
Thai bank SCBX acquires Home Credit Vietnam for $864M
Home Credit Vietnam Finance Company Limited (Home Credit Vietnam), the consumer finance business of Home Credit N.V. (Home Credit Group), for approximately VND 20,973 billion ($864 million).
February 29, 2024
iFLYTEK, Zense Entertainment, and Chulalongkorn University ink deal to accelerate advancement of Thai speech recognition
China-based artificial intelligence (AI) and speech technology provider IFLYTEK has announced a collaboration with Thailand entertainment technology firm Zense Entertainment and academic institution Chulalongkorn University, to accelerate advancement of Thai speech recognition.
February 29, 2024
Thailand approves incentives for companies transitioning to electric trucks & buses – report
By 2030, Thailand aims to convert 30 percent of its annual production of 2.5 million vehicles into EVs, according to a government plan.
February 22, 2024
Indonesia,Sustainability,News,Malaysia,Thailand,Singapore
Malaysia, Indonesia, Thailand and Singapore stock exchanges team up to develop ASEAN Interconnected Sustainability Ecosystem
Stock exchanges in Malaysia, Indonesia, Thailand and Singapore said Thursday they have teamed up to develop an ASEAN Interconnected ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE), to advance Asean’s sustainable development through the implementation of common environmental, social and governance (ESG) metrics in their respective data…
February 15, 2024
IFC partners Thai Credit Bank to support women-owned small businesses in Thailand
To help increase access to finance for small businesses in Thailand, especially women-owned or led firms, International Finance Corporation (IFC) is providing an equity investment of up to $23.8 million as a cornerstone investor in an initial public offering (IPO) of Thai Credit Bank Public Company Limited (Thai Credit).
February 13, 2024
Electric Vehicles & Mobility,News,Thailand
BYD’s Thai distributor to triple EV dealerships, expand commercial offerings – report
BYD has been outperforming other automakers in Southeast Asia's EV market, bolstered by partnerships with local distributors .
January 19, 2024
News,Thailand,Blockchain / Crypto
Binance Thailand digital asset exchange opens for trading
Gulf Binance Co., Ltd. (Gulf Binance), the joint venture between Binance’s subsidiary and Gulf Innova Co. Ltd., is launching full operations of its digital asset exchange and brokerage platform in Thailand, Binance TH by Gulf Binance (Binance TH), making it accessible to the general public.
January 16, 2024
InsurTech,News,Thailand,Indonesia
Thailand-based insurtech Roojai acquires Indonesian online insurance aggregator Lifepal
Thailand-based insurtech Roojai Group announced last Friday that it has acquired Lifepal, an online insurance broker in Indonesia with over 2 million unique visitors per month.
January 15, 2024