Thailand
Antitrust approval could be biggest hurdle for Grab’s potential acquisition of Foodpanda’s business, analysts say
Momentum Works, a venture outfit, estimated Foodpanda's Southeast Asia GMV at $3.1 billion in 2022. According to the same report, Foodpanda ranked second by market share in Singapore, Malaysia and the Philippines, and third in Thailand in 2022.
Thailand insurance firm Roojai completes DirectAsia acquisition
Roojai, a Thailand-based online insurance company, has on Wednesday announced that it has completed the acquisition of Singapore-based insurance firm DirectAsia group. Roojai has entered into an agreement to acquire DirectAsia group from Hiscox.
Thailand expects Tesla, Google, Microsoft to invest $5B — report
"Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centers," Thailand's Prime Minister Srettha Thavisin said.
Malaysian bourse inks MOU with Thai, Indonesian bourses to set up Asean ESG ecosystem
The Malaysian bourse has signed a Memorandum of Understanding (MoU) with Indonesia Stock Exchange (IDX) and the Stock Exchange of Thailand (SET) to set up an ASEAN environmental, social and governance (ESG) ecosystem.
Backed by three unicorns, Indonesia’s InsurTech firm PasarPolis gears up to disrupt insurance industry
In the interview, Van Zyl also shared PasarPolis’ short-term and long-term plans, the company’s strategy and the challenges it faced. He also shared his views on the overall insurance industry in Indonesia and Southeast Asia.
Regional InsurTech firm Igloo expands Thailand operations to support country’s $32B insurance industry
Igloo has appointed John Chen as Country Manager, Igloo Thailand. In his new role, Chen will spearhead the growth and operations of Igloo in the market, in addition to establishing more strategic partnerships and delivering an expanded range of insurance products to Thai consumers.
LINE MAN Wongnai and LINE Thailand acquire Rabbit LINE Pay’s shares
LINE MAN Wongnai and LINE Company (Thailand) Limited acquire the shares of Rabbit LINE Pay Company Limited (RLP) from previous shareholders RabbitPay System Company Limited and Advanced mPAY Company Limited. The transaction allows LINE MAN Wongnai to become the majority shareholder of RLP.
Techsauce Global Summit 2023 concludes with resounding success
The summit saw over 16,000 visitors from 50 countries worldwide, with an international participation rate of over 40 percent.
Thailand’s TrueMoney facilitates staff benefits for Charoen Pokphand (C.P.) Group and Lotus’s in Malaysia
TrueMoney, a Thailand-based e-wallet services provider, has officially facilitated with Thailand's Charoen Pokphand (C.P.) Group and supermarket chain, Lotus’s, to empower staff benefits in Malaysia. Starting from May, Lotus’s staff can enjoy the convenience of facilitated offers and benefits from TrueMoney, while C.P. Group staff will receive these…
Central Retail partners Ant Group to launch Alipay+ to provide digital payment services for Asian travellers in Thailand
Thailand-based retailer Central Retail Corporation has joined forces with China-based technology provider Ant Group to launch Alipay+ at its stores, providing comprehensive services for international digital payments to enhance convenience for Asian tourists from Chinese mainland, Hong Kong SAR, Malaysia and South Korea.
