Thailand

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.

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…

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).

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 .

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. 

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.

[Year in review] Southeast Asia’s Top 10 tech news in 2023

As we usher into 2024, with the hope for a better year, here are some of the top tech news in 2023.

Thailand’s Kasikornbank paves way for firms to tap tokens for funding – report

“We’re advising some clients to issue tokens for fundraising,” Kasikornbank’s co-president Pipit Aneaknithi said in an interview with Bloomberg on Monday.

Animoca Brands and T&B Media Global partner to expand ecosystem capabilities in Web3 space

Hong Kong-based gaming company Animoca Brands and Thailand-based Intellectual Property (IP) company for entertainment technologies T&B Media Global (T&B) have announced a partnership to expand ecosystem capabilities in Web3 space.

Turn Capital acquires Flash Coffee in Thailand

Thailand tech-enabled coffee chain Flash Coffee announced Tuesday that Turn Capital has acquired its Thailand business/franchise to fuel further growth within the country. Leveraging Flash Coffee’s brand, product innovation, and proprietary technology, Turn Capital will continue to expand the chain’s presence across Thailand, with a plan to open more than…