Thailand

As part of continuing efforts to promote sustainable, resource-efficient practices and promote job creation, the International Finance Corporation (IFC), a member of the World Bank Group, is investing up to $100 million in a green bond issued by KASIKORNBANK Public Company Limited (KBank), one of Thailand's largest commercial banks.

Thailand has set out a national strategy to expand its semiconductor industry, focusing on power semiconductors, sensors, photonics, discrete devices and analog chips, as part of a long-term plan to build a complete value chain.

FPT, a Vietnam-based technology and information technology (IT) services provider, through its Thailand subsidiary, has signed a strategic memorandum of agreement (MOA) with WSOL Public Company Limited (WSOL) to enhance digital technology capabilities and unlock new technology opportunities across Thailand.

Abacus Digital Company Limited, a FinTech firm and the developer of Thailand’s digital lending application MoneyThunder, has successfully completed its inaugural $31 million bond offering to institutional and high-net-worth investors.

FS Capital, direct lending arm of Funding Societies, one of Southeast Asia’s largest digital financing platforms for small and medium-sized enterprise (SMEs), has officially become a member of the National Credit Bureau (NCB), Thailand.

Apis Partners Group (UK) Limited, a global private equity firm focused on investments at the intersection of financial services and technology, and Asia Partners, an investor in high-growth companies across Asia, have announced a joint investment in the $60 million Series C fundraise by Roojai, Thailand’s direct-to-consumer (D2C) digital insurer.

Google Cloud announced Monday TalayLink, a new subsea cable connecting Australia and Thailand to significantly increase the reach, reliability, and resilience of digital connectivity across Asia Pacific and around the world.

Univers, a global artificial intelligence (AI) and internet of things (IoT) platform firm, and Amcharge Sdn Bhd, a Malaysia-based renewable energy solutions provider, have signed a memorandum of understanding (MOU) to help industrial and commercial customers cut energy costs, integrate cleaner energy, and accelerate their Net Zero progress across Malaysia…

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 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.