Thailand

Vietnamese car maker VinFast Auto has signed letters of intent (LOI) with 15 initial dealers in Thailand. VinFast said in a statement on Wednesday that this marks an important milestone of VinFast’s distribution network expansion, enhancing the company's presence and affirming its position in the region's leading automotive market.

Bank of Thailand said interested applicants can submit their application for a virtual bank license to the central bank from March 20, 2024 to Sept 19.

A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with International Finance Corporation (IFC)'s $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region's growing energy demand.

Tada is one of five ride-hailing platforms licensed by the Singapore Land Transport Authority over the past five years. It secured a ride-hailing licence from Thailand's Department of Land Transportation earlier this year.

Home Credit Vietnam Finance Company Limited (Home Credit Vietnam), the consumer finance business of Home Credit N.V. (Home Credit Group), for approximately VND 20,973 billion ($864 million).

China-based artificial intelligence (AI) and speech technology provider IFLYTEK has announced a collaboration with Thailand entertainment technology firm Zense Entertainment and academic institution Chulalongkorn University, to accelerate advancement of Thai speech recognition.

By 2030, Thailand aims to convert 30 percent of its annual production of 2.5 million vehicles into EVs, according to a government plan.

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…

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 has been outperforming other automakers in Southeast Asia's EV market, bolstered by partnerships with local distributors .