Showing 1 - 10 of 209
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.
Tax policies, interest rates align for domestic market
Business, Nuntawun Polkuamdee, Published on 02/07/2025
» Thailand's digital asset market is poised to keep growing as favourable domestic tax policies align with expected cuts in global interest rates, while institutional adoption gains globally.
Merkle Capital sees scope for crypto market growth
Business, Nuntawun Polkuamdee, Published on 23/06/2025
» Merkle Capital, the first digital asset fund manager in Thailand to be licensed by the Securities and Exchange Commission (SEC), has identified three global risks that could shape market sentiment and investment flows in the second half of 2025, potentially driving Bitcoin to a new high of US$120,000.
Bitcoin makes headway as global asset
Business, Nuntawun Polkuamdee, Published on 06/06/2025
» Global demand for Bitcoin has continued to rise as international and Thai corporations begin adding the cryptocurrency to their balance sheets, strengthening its role as a long-term investment asset, say advocates.
Bitcoin traders say it could hit $130,000 later this year
Business, Nuntawun Polkuamdee, Published on 28/05/2025
» After hitting a record high of US$111,000 last Thursday, the next resistance level for Bitcoin is projected at $130,000 as the cryptocurrency has shifted from a speculative asset to a "strategic pillar" of the modern economy, say pundits.
Suphachai Leads CP-GIP-True IDC Alliance to Power Digital Thailand
Published on 16/05/2025
» Bangkok, May 15, 2025 – As the global digital economy rapidly advances into the age of artificial intelligence and hyperscale data consumption, Thailand is positioning itself to lead the charge in Southeast Asia. In a major step toward this vision, a new strategic partnership has been announced between Charoen Pokphand Group (CP Group), Global Infrastructure Partners (GIP)—a part of BlackRock—and True IDC, Thailand’s leading data centre provider. The collaboration aims to elevate Thailand’s digital infrastructure to world-class standards, with a focus on expanding data centre capacity, cloud services, and renewable energy solutions to support the growing demands of AI and cloud computing.
New True chief vows to pay firm's 1st dividend in 25 years
Business, Komsan Tortermvasana, Published on 14/05/2025
» The newly appointed group chief executive of True Corporation has outlined his mission for the first 100 days, writing a new chapter for the telecom company by continuing its profitability, driving operations of trusted services, and strengthening data centre development.
Two giants, one vision: SCB WEALTH and BlackRock forge global investment power for Thai investors
Business, Somruedi Banchongduang, Published on 13/05/2025
» SCB WEALTH, a key business unit of SCB, is dedicated to enhancing the wealth of Thai investors and expanding opportunities for global investments. SCB launched partnership with BlackRock who is the world’s largest asset management company. By partnering with BlackRock, a company that shares the same business philosophy, both organizations emphasize the customer-centric approach, focusing on developing investment products that truly meet clients’ needs. SCB WEALTH views wealth management as a long-term investment, ensuring a strong financial future under the concept of “Your Success. Our Success.”
GIP–BlackRock Eyes Strategic Data Hub in Thailand
Published on 08/05/2025
» Bangkok – 7 May 2025 – Thailand continues to attract strong confidence from leading global investors, as a high-level delegation from Global Infrastructure Partners (GIP)—a major infrastructure investment group under BlackRock, one of the world’s largest asset managers—paid an official visit to Bangkok.
US Treasuries suddenly trading like risky assets
Published on 12/04/2025
» Billed on Wall Street as so rock-solid safe that they are risk-free, US Treasury bonds have long served as first port of call for investors during times of panic. They rallied during the global financial crisis, on 9/11 and even when America’s own credit rating was cut.