Showing 1 - 10 of 720
Bank of Thailand sticks to 3 virtual bank licences
Business, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
Lighthub-WeLab consortium among virtual bank applicants
Nuntawun Polkuamdee, Published on 20/09/2024
» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.
Big names chase virtual bank licences
Published on 19/09/2024
» Competition for new virtual bank licences has intensified, with five major business groups confirming their intentions prior to the deadline for submissions on Thursday.
Illuminating the Digital Landscape
Published on 18/09/2024
» In 2022, a staggering 255 billion new app downloads took place worldwide, accompanied by an impressive $67 billion spent at app stores. With users dedicating an average of five hours daily to their mobile phones, equating to over a third of their waking hours, the mobile advertising expenditure skyrocketed to an astonishing $336 billion.
21st CAEXPO: Enhancing China-ASEAN Economic Cooperation
Published on 18/09/2024
» At a press conference held by the Information Office of the State Council on September 11, Li Fei, Chinese Vice Minister of Commerce, said that the China-ASEAN Expo (CAEXPO) has been held for 20 sessions, and it can be said that rich experience has been accumulated and productive results achieved. The expo now serves as an important platform for China and ASEAN member states to carry out further far-reaching economic and trade cooperation in more fields at deeper levels. For example, featured products including Vietnam’s G7 Coffee, Malaysia’s Musang King durians, Thailand’s jasmine rice, and Laos’ beer have entered the Chinese market over the years through the CAEXPO, which are well received by Chinese consumers.
Firms optimistic regarding local technology investments
Business, Suchit Leesa-nguansuk, Published on 13/09/2024
» Global technology and consulting firms are confident in Thailand's growth in the digital era, urging local organisations to accelerate their adoption of cloud and artificial intelligence (AI) technologies, as well as pursuing robust cybersecurity and data privacy measures.
Nectec banking on intelligent sensors
Business, Suchit Leesa-nguansuk, Published on 10/09/2024
» The National Electronics and Computer Technology Center (Nectec) is focusing on developing advanced intelligent sensors for local applications.
Dataxet Launches DXT360 Essential for All-in-One Brand Tracking
Published on 02/09/2024
» Dataxet launches DXT360 Essential, an intelligent dashboard that combines brand tracking from TV, radio, print, websites, and social media in one place. With near real-time data updates and key marketing metrics, it helps marketing communicators monitor and analyse brand mentions comprehensively and quickly, enabling efficient strategy planning and business decision-making in the digital age.
AND Solutions to Streamline AEON's Loan Processes
Published on 30/08/2024
» Leading fintech company AND Global's subsidiary, AND Solutions, has announced a new software provision agreement with AEON Thana Sinsap, a Thailand-based company offering financial services, including credit cards, loans, and hire purchases. AEON Thana Sinsap will integrate AND Solutions' AI-based intelligent document processing system, mindox, alongside advanced credit scoring solutions to accurately estimate loan applicants' income levels while minimising turnaround times and reducing processing workloads. AND Global, a leading fintech company, has developed multiple businesses to promote financial inclusion across Southeast Asia.
Microsoft Unveils "AI for All Thais" Vision
Published on 29/08/2024
» Microsoft Thailand announced the ambitious "AI for All Thais" vision, underscoring the company’s commitment to empowering every individual and organisation in Thailand with the transformative power of Generative AI. This vision will be driven by three core strategies: Skills, Scale, and Secure, further solidifying Microsoft's mission to accelerate Thailand's digital economy, fostering inclusive growth and enriching the lives of all Thai people.