Thailand
Maybank sees virtual banking, cyber-security spending as two growth drivers for Thailand tech services
Maybank Investment Bank sees virtual banking investment and expected increases in cyber-security spending as two key drivers for Thailand tech services sectors in the next two years.
Google plans to invest $1B to build data center and cloud region in Thailand
Google has on Monday announced a $1 billion investment to expand its digital infrastructure into Thailand with the development of its cloud and data center infrastructure in Bangkok and Chonburi.
IFC invests $100M in sustainability-linked bond issued by Central Pattana in Thailand
As part of efforts to accelerate the green transition in Thailand, International Finance Corporation (IFC) is investing 3.48 billion Thai baht ($100 million) in a sustainability-linked bond (SLB) issued by Central Pattana Public Company Limited (CPN), one of the leading retail-property developers in the country.
Fintech firms Lightnet & WeLab partner to build Thailand’s virtual bank
Lighthub Asset, a Thai fintech company, and WeLab, a pan-Asian fintech platform, announced on Thursday that they have submitted an application for a Virtual Banking licence with the Bank of Thailand.
Growth of Thailand’s EV industry to power commercial real estate: JLL
Ambitious goals, supportive subsidies and foreign investment will create a minimum $6.5 billion addressable market for EV real estate in Thailand by 2030.
Australia’s NEXTDC seeks $1.9B loan to expand data centers in Asia
NEXTDC Ltd, an Australian data-center operator, is eyeing a AUD 2.9 billion ($1.9 billion) syndicated loan from banks to expand its operations in Asia, including Malaysia, as demand for digital infrastructure surges, Bloomberg reported.
Huawei initiates Technology-enabled Open Schools for All Phase II project in Brazil, Egypt, and Thailand
China-based information and communications technology (ICT) firm Huawei has on Wednesday announced the implementation stage of the Technology-enabled Open Schools for All Phase II project in Brazil, Egypt, and Thailand.
IFC invests $50M in gender-inclusive social bond issued by Thailand’s Muangthai Capital
To expand financial inclusion in Thailand for women microentrepreneurs, the International Finance Corporation (IFC) has on Monday announced a $50 million investment in a gender-inclusive social bond issued by Muangthai Capital Public Company Limited (MTC), one of the leading listed non-banking financial institutions (NBFIs) in the country.
Vietnam’s VinFast delays Thai dealerships amid slowdown in global EV sales – report
The company is targeting expansion to at least 50 countries in 2024. VinFast has been aggressively expanding its businesses in several regions.
Igloo partners TrueMoney to provide critical health insurance products to Thai users
Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.
