Thailand
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.
Chinese EV manufacturer Chery to invest in Thailand – report
Chery aims to use Thailand as a production base to meet the domestic demand for right-hand drive EVs, as well as export the vehicles to Asean countries, Australia and the Middle East, the report added.
Thailand’s 9Basil acquires Singapore private credit platform AlteriQ Global
9Basil Group, a Thailand-based alternative investments firm, has on Thursday announced its acquisition of AlteriQ Global (AlteriQ), a boutique Asia-Pacific private credit platform based in Singapore.
