Thailand

China’s BYD opens EV factory in Thailand, first in Southeast Asia – report

In May, it was reported that BYD plans to build an automotive assembly plant in Indonesia’s West Java, with groundbreaking scheduled for July.

Bangkok Hospital invests $5.45M in state-of-the-art robot-assisted surgery to elevate patient care through surgical innovation

Bangkok Hospital, a healthcare provider in Thailand, has invested over 200 million baht ($5.45 million) to establish a cutting-edge robotic surgery center.

India, Malaysia & 3 other Asean countries plan instant retail cross-border payments

The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform.

Google Cloud partners Gulf Edge to deliver AI-enabled sovereign cloud for Thailand

Gulf Edge Company Limited, a fully-owned subsidiary of Gulf Energy Development Public Company Limited, has teamed up with Google Cloud to deliver artificial intelligence (AI)-enabled Sovereign Cloud for Thailand.

Ascend Money secures $195M from MUFG and Finnoventure to accelerate digital financial inclusion in Thailand

Ascend Money, a Thailand-based homegrown fintech company, announced Wednesday that it has secured $195 million investment from Japanese lender Mitsubishi UFJ Financial Group, Inc. (MUFG) and Thailand-based Finnoventure Private Equity Trust I Fund.

Disrupt Technology Venture unveils health tech fund with leading Thai business groups

Thailand-based investment firm Disrupt Technology Venture (Disrupt) has announced the introduction of Disrupt Health Impact Fund with the first group of co-investment partners from leading Thai business companies.

Alipay+ partners Thai Tourism to launch world’s first D-hub for tourists

Alipay+, the cross-border mobile payment and digitalization technology solutions operated by Ant International, and the Tourism Authority of Thailand (TAT), have announced an expansion of their partnership with a series of new developments aimed at attracting more tourists to Thailand and enhancing their travel experience amidst strong travel demand.

Microsoft to open a new data center in Thailand

American technology firm Microsoft said Wednesday it will open a new data center region in Thailand. The data center region will expand the availability of Microsoft’s hyperscale cloud services, facilitating enterprise-grade reliability, performance, and compliance with data residency and privacy standards.

IFC partners KB Kookmin Card to launch $150M financing initiative in Indonesia, Thailand

The International Finance Corporation (IFC) has partnered South Korean credit card-issuing company KB Kookmin Card Co. (KBC) to launch $150 million financing package in Indonesia, Thailand.

Thailand’s fintech firm T2P partners with Wise Platform to offer international money transfers

T2P Co., Ltd., a payment solution firm in Thailand, has on Thursday announced its strategic partnership with Wise Platform, Wise’s infrastructure solution for banks, fintechs and enterprises.