Thailand
Empyrion Digital makes first data center investment in Thailand
Empyrion Digital, a global next-generation digital infrastructure platform, has announced its strategic expansion into Thailand to develop a minimum 12MW (IT Load) edge co-location data center in Bangkok.
Singapore’s insurtech firm Igloo eyes M&A opportunities as it continues to expand across Southeast Asia [Q&A]
TNGlobal has recently interviewed Igloo Co-Founder and Chief Executive Officer Raunak Mehta, to learn more about its plans in the Philippines, Thailand and across Southeast Asia.
Malaysia’s GHL & JCB expand payment options across Malaysia, Thailand & the Philippines
GHL and JCB announce its strategic partnership, enabling the acceptance of JCB Cards on GHL’s merchant terminals in Malaysia, Thailand and the Philippines.
UAE’s DAMAC announces $1B investment in data center projects, forms strategic JV with Thai-based PROEN
The Asia-Pacific data center market is also projected to experience significant growth. The market size is estimated at 14.27 thousand MW in 2024 and is expected to reach 23.2 thousand MW by 2029, growing at a CAGR of 10.21 percent.
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.
