Thailand

Analyst stays bearish on Thai electronics market outlook amid struggling Western EV sector

Despite positive momentum from the trade war, Maybank Investment Bank sees a bearish FY25 outlook for Thai electronics due to the struggling Western electric vehicle (EV) sector and looming impact from the Global Minimum Tax.

Thailand’s Chula, Google Cloud team up for generative AI for higher education

Chulalongkorn University (Chula), Thailand’s higher education institution, and Google Cloud have on Thursday announced a partnership for generative artificial intelligence (gen AI) for higher education.

ZTE, TrueBusiness and CPF team up to develop 5G solution for smart factories in Thailand

China-based integrated information and communication technology firm ZTE Corporation, has teamed up with Thailand telecom-tech firm True Corporation subsidiary TrueBusiness and Thailand food conglomerate Charoen Pokphand Foods (CPF) to create a collaboration in 5G smart factory using independent private network, known as 5G-in-a-box, at CPF’s factory.

Deloitte: Malaysia leads SEA region with record IPOs this year

Malaysia has led Southeast Asian (SEA) region with record initial public offerings (IPOs) this year, Deloitte said Tuesday.

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.