Thailand

Spacely AI, the Thailand-based generative artificial intelligence (AI) startup, has raised $1 million in Seed funding led by PropTech Farm Fund III.

Sunday, an InsurTech based in Thailand, is working with Salesforce, the global artificial intelligence (AI) customer relationship management (CRM) firm, to centralize operations, personalize engagement for over 330,000 customers, and scale their business using solutions including Sales Cloud, Service Cloud, Tableau and Slack.

Maybank Investment Bank said Malaysia's data center momentum may stall if the country and Thailand face chip curbs from the United States.

Roojai Insurance, a Thailand-based online insurance company, is collaborating with Salesforce, using Sales Cloud, Marketing Cloud and Heroku, to transform their digital insurance experience for customers.

Malayan Banking Bhd (Maybank) announced Monday its support for Altervim, the renewable energy unit of Thailand’s leading conglomerate Charoen Pokphand Group (CP Group), in its expansion into Malaysia.

Thailand’s Ministry of Finance, with the advice of the Bank of Thailand (BOT), has announced the approval of three applicants to establish virtual banks in Thailand.

10Ants Enterprise, an urban revitalization company based in Thailand, has secured $500,000 in Pre-Seed funding from Wavemaker Impact to support its aim of turning Southeast Asia's underutilized urban buildings into green, vibrant hubs for small and medium-sized enterprises (SMEs).

To address Southeast Asia’s growing energy demand and support local economies, the International Finance Corporation (IFC), a member of the World Bank Group, is providing a loan package of up to THB3,140 million (approximately $92 million) to Winchai Company Limited – a wholly-owned subsidiary of Sermsang Power Corporation Public Company Limited (SSP).

B Grimm Power is also studying a plan to invest at least $1.6 billion more in additional data center projects with a total capacity of about 200MW.

TOPPAN Security, a Singapore-based secure identity and payment solutions provider, announced Wednesday that it has entered into a definitive agreement to acquire dzcard Group, a Thailand-based provider of smart card solutions and personalization services.