Thailand

Ant Group, the Chinese operator of Alipay+, the global cross-border digital payments and marketing solution, has on Monday announced that a total of four mobile wallets are now accepted in Thailand. These include AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch ‘n Go eWallet (Malaysia) and Alipay (Chinese mainland), which has been accepted by Thai…

With the recent shift of some of the world's largest technology companies' supply chains out of China and into Southeast Asian markets like Vietnam, the whole region is poised to become more prominent in the global technology landscape. Countries like Thailand are likely to benefit from this trend, and companies that establish a presence in these markets…

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd. (Gulf), announced Friday that it has now secured digital asset operator licenses from the country’s Ministry of Finance for a digital asset platform, regulated by the country’s Securities and Exchange Commission (SEC).

2C2P, a Thailand-based payments platform, has announced a partnership with Cambodian financial solutions provider AMK Microfinance Institution (AMK), to expand the easy2send international remittance service between Thailand and Cambodia.

Hong Kong-based real asset manager powered by the new economy ESR Group Limited, together with its subsidiaries, has on Wednesday announced its expansion into Thailand, with the opening of its Thailand office. The firm is currently developing two logistics and industrial parks in Thailand, representing a capital investment of THB 8 billion ($235 million).

Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap solutions and battery-as-a-service (BaaS).

Singapore's environmental, social, and governance ESG fintech STACS has partnered Thailand Greenhouse Gas Management Organization to bring greater transparency to the carbon credits market in Thailand.

Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance division of the German Talanx Group.

Currently there are around 1,000 Thai startups with the VC landscape in Thailand being dominated by corporate venture capitals (CVCs). Surprisingly during the height of the covid-19 pandemic three unicorn startups have emerged from Thailand being Bitkub, Ascend and Flash Express.

In a move that promises to transform the high value economy and quality of life in Korat, Suranaree University of Technology and the Office of Small and Medium Enterprises Promotion (OSMEP) have joined forces with the Nakhon Ratchasima Provincial Administrative Organization and 13 private organizations to push the establishment of the Korat Startup City.