Showing 1 - 10 of 357
Thai Companies Slow to Adopt AI Technologies
Published on 21/05/2024
» Although Thailand ranked nearly top among 21 nations surveyed recently where 'excitement' about artificial intelligence (AI) was rife, the adoption of this game-changing technology, especially by companies in the country, is quite lacklustre. A recent study by the Boston Consulting Group (BCG) has found that consumers in emerging markets, including Thailand, are generally among those who are particularly open to and excited about AI, particularly Generative AI (GenAI), indicating a higher likelihood of consumers adopting AI more in their daily lives.
SCG: Leading Green Innovation and Empowerment
Published on 10/05/2024
» Siam Cement Group (SCG), known as the Organisation of Opportunities, empowers people, turns ideas into reality, develops world-class innovations, collaborates across sectors, fosters green innovations, and aims for a low-carbon society. We are committed to fostering mutual growth in a low-carbon society, with a good quality of life, economic prosperity, social well-being, and a sustainable environment. We don't leave anyone behind. In 2024, we allocated 10 billion baht to develop low-carbon production processes and green innovations.
TIDLOR Hits Record Q1 Net Profit, Loan Milestone
Published on 09/05/2024
» Ngern Tid Lor Public Company Limited (“TIDLOR” or “the Company”) disclosed the Q1/2024 performance in line with the targets, achieving a new high in net profit of Baht 1,104.1 million, marking an increase of 15.6% YoY, and total revenue of Baht 5,309.1 million, rising by 22.2% YoY. This growth was driven by continuous expansion in both the lending and insurance brokerage businesses, coupled with effective cost management over the past 2-3 years.
Bitkub Exchange Honoured by SEC for Educational Impact
Published on 08/05/2024
» Bitkub Online Company Limited, the provider of digital asset trading centre services known as Bitkub Exchange, received an honorary certificate from the Securities and Exchange Commission (SEC) on 22 April 2024. This recognition was for their participation in the "Thai Capital Market, Sharing Knowledge Initiative with the People" project, Phase 1, which ran from July 2023 to March 2024. The initiative aimed to enhance financial literacy among Thai investors and the public, helping them to manage their finances efficiently, increase investment opportunities, maintain sustainable financial health, and understand various investment risks and measures to prevent fraud.
TIDLOR Restructures, Launches InsurTech Platform for Growth
Published on 02/05/2024
» Piyasak Ukritnukun, Managing Director of Ngern Tid Lor Public Company Limited (TIDLOR), announced that at the company’s Board of Directors meeting on April 30, 2024, it was resolved to propose to the shareholders’ meeting the consideration and approval of the Company’s shareholding and management restructuring plan by establishing a holding company named Tidlor Holdings Public Company Limited (Tidlor Holdings). The objective is to enhance operational flexibility in both the lending and insurance brokerage businesses, increase competitive advantages, and expand opportunities into related businesses. Additionally, it will create more opportunities for strategic partnerships through mergers or joint investments, significantly bolstering the strength of the group. This restructuring will also enable more efficient management and risk limitation across different business units. Moreover, the company plans to establish a new company (NewCo) under Tidlor Holdings to improve flexibility in strategy formulation, management, and operations related to non-life InsurTech insurance brokerage business (InsurTech Platform). This restructuring plan represents a strategic realignment to facilitate long-term growth.
TV Burabha Announces Global Expansion and New Leadership
Published on 04/04/2024
» TV Burabha, a leading media company, undergoes a significant restructuring under a new holding company, MILLISECOND, focused on sustainable business practices and global expansion in the film and television industry.
MDES – DEPA's DIGITAL INFINITY Boosts Economy
Published on 02/04/2024
» The Ministry of Digital Economy and Society (MDES), led by DEPA along with collaborative networks, announced the success of the DIGITAL INFINITY: SMART LIVING project. This project aims to create a livable smart city through digital technology, advancing smart city levels in Smart Economy, Smart Living, and Smart Governance across 11 areas in 10 provinces nationwide. The project has generated economic value exceeding 200 million baht and is poised to amplify its impact to promote and develop smart cities nationwide.
AWC Launches "AEC FOOD WHOLESALE PRATUNAM" Global Hub
Published on 29/03/2024
» Asset World Corp Public Company Limited (AWC), a leading integrated lifestyle real estate group in Thailand, is gearing up to introduce 'AEC FOOD WHOLESALE PRATUNAM' or 'AFP', a pioneering global food wholesale hub, on June 26, 2024. This move responds to the growing interest among entrepreneurs in the expanding global food wholesale market. AFP heralds the first fully integrated food wholesale platform, blending online and offline domains with the vision of "Integrated Wholesale Platform for Non-Stop Opportunity." This innovative platform connects a network of premier food buyers, including global hotel chains, restaurants, catering services, airlines, hospital chains, and renowned chefs worldwide. Buyers are invited to register on the online platform "PhenixBox" to encourage significant joint business growth.
Huawei Cloud Expands Ecosystem, Drives Digital Innovation
Published on 28/03/2024
» Artificial Intelligence (AI), deep partner collaboration, and building a strong ecosystem foundation were championed as next-level growth engines to new opportunities in industry digitisation at the recent Huawei Cloud APAC Partner Connection Summit 2024.
Huawei Cloud Ignites Digital Transformation in Thailand
Published on 20/03/2024
» Huawei Cloud Thailand recently unveiled its groundbreaking cloud-technology solutions at its Huawei Cloud Techwave Thailand 2024 event, held at the Eastin Grand Hotel Phayathai, Bangkok, Thailand. Held under the theme “Dive into Huawei Cloud Journey", Huawei Cloud revealed its latest innovations that are driving digital transformation for industries across Thailand, namely: Landing Zone, Serverless application, GaussDB database, Data-AI convergence, and AI virtual human. Huawei’s continued dedication towards cloud technology in Thailand aligns with its mission ‘In Thailand, for Thailand’ and its commitment to provide the latest technology solutions to enhance Thailand’s transformation into a future digital hub of ASEAN. The event was joined by over 100 representatives from Thailand’s financial, retail, carriers, enterprises, and internet industries.