Showing 1 - 10 of 171
True IDC lands Alibaba Cloud deal
Business, Suchit Leesa-nguansuk, Published on 05/08/2025
» True Internet Data Center Co Ltd (True IDC), a local data centre and cloud services provider under Charoen Pokphand Group (CP), has been appointed the authorised distributor and managed services provider (MSP) of Alibaba Cloud in Thailand.
Alibaba expands AI cloud services in Malaysia, Philippines
Bloomberg News, Published on 02/07/2025
» TAIPEI — Alibaba Group Holding Limited is adding new data centres in Malaysia and the Philippines in pursuit of growth driven by artificial intelligence (AI).
Big uptick in depositary receipt trade
Business, Nuntawun Polkuamdee, Published on 25/06/2025
» Trading of depositary receipts (DRs) has surged 125% year-on-year, reflecting a shift in investor sentiment towards international exposure amid heightened volatility in the Thai stock market triggered by both local and global headwinds, says the Stock Exchange of Thailand (SET).
Com7 targets upcountry expansion
Business, Suchit Leesa-nguansuk, Published on 25/06/2025
» Despite economic headwinds, Com7 Plc, Thailand's leading IT retail chain operator, is moving ahead with the expansion of standalone branches in high-traffic upcountry locations to meet rising demand for Apple products.
B.Grimm, Digital Edge to invest $1bn in Thai data centre
Published on 09/06/2025
» Thai power producer B.Grimm Power Plc and Digital Edge DC will jointly invest about $1 billion in a Thailand data center as demand rises for artificial intelligence, cloud computing and other digital services across Southeast Asia.
Thailand fights for e-commerce crown
Business, Suchit Leesa-nguansuk, Published on 08/04/2025
» Despite challenges from a trade war and an unfavourable global economy, embracing artificial intelligence (AI) and optimising logistics costs with multimodal transport can help Thailand become a hub of cross-border e-commerce, according to online entrepreneurs.
China stocks sink on trade war fears; Hong Kong dives 9%
Reuters, Published on 07/04/2025
» SHANGHAI - Hong Kong and Chinese stocks dived on Monday after Beijing fired back at US tariffs with its own trade levies, sowing more turmoil in financial markets as investors feared a widening trade war would unleash a deep recession.
Thaksin vows cheaper power to turn Thailand into data centre hub
Published on 15/03/2025
» Thailand aims to slash electricity costs by more than 25% by next year to emerge as a hub for data centres and artificial intelligence infrastructure, according to Thaksin Shinawatra, the de facto leader of the governing Pheu Thai Party.
China's Alibaba to invest $50bn in AI, cloud computing
AFP, Published on 24/02/2025
» BEIJING - Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
Shares advance amid hope for tariff negotiations
Business, Published on 15/02/2025
» RECAP: Most Asian equities advanced yesterday as markets reacted positively to news that reciprocal US tariffs may be weeks from coming into effect, raising the prospect for negotiations.