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Search Result for “cloud services”

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BUSINESS

WD targets hard drives for AI economy

Suchit Leesa-nguansuk, Published on 06/02/2026

» WD, formerly known as Western Digital, has repositioned itself as a strategic storage infrastructure partner in the artificial intelligence (AI)-driven data economy, focusing on adapting hard drives for AI workloads.

BUSINESS

Line Man Wongnai weighs IPO in Hong Kong or New York

Bloomberg, Published on 06/02/2026

» Line Man Wongnai, a Thai technology startup backed by Singapore’s GIC Pte, is considering an initial public offering abroad to tap stronger investor demand and secure a higher valuation, a move that would signal a lack of confidence in the local stock market.

BUSINESS

BGRIM puts emphasis on renewables

Business, Yuthana Praiwan, Published on 06/02/2026

» B.Grimm Power Plc (BGRIM) is positioning clean energy as a game changer for Thailand's energy transition, accelerating its push into renewables as the country and global industry move towards a low-carbon future.

BUSINESS

TikTok affirms B270bn outlay in Thailand

Business, Wichit Chantanusornsiri, Published on 06/02/2026

» TikTok has confirmed its long-term investment plan in Thailand worth 270 billion baht, according to caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Bank of Thailand expected to avoid manipulation charge

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand has a low likelihood of being designated a currency manipulator, as foreign exchange intervention in the baht remains well below the US threshold, according to Kasikorn Research Center (K-Research).

BUSINESS

World Bank calls for rejig of growth model

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand should use the global spotlight from hosting the IMF-World Bank Annual Meetings in October this year to reposition its economic growth model, according to a senior World Bank official.

BUSINESS

Lufthansa and FedEx to invest $600 million in Philippines

Bloomberg News, Published on 05/02/2026

» Lufthansa and FedEx Corp are investing more than $600 million for separate facilities in a former US air base in the Philippines as the country moves to attract more foreign capital, according to a senior government official.

BUSINESS

Singapore data centre deal valued at US$5.1 billion

Business, Suchit Leesa-nguansuk, Published on 05/02/2026

» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).

BUSINESS

EV makers struggle to improve after-sales service

Business, Ranjana Wangvipula, Published on 05/02/2026

» Thailand's electric vehicle industry is struggling to improve after-sales services, which remain unsatisfactory due to the rapid growth of EV sales and growing maintenance demand, says Omoda & Jaecoo (Thailand), a subsidiary of Chinese state-owned automaker Chery Automobile.

BUSINESS

Global funds shun Thai markets on election risks, policy stasis

Bloomberg News, Published on 04/02/2026

» Thailand’s inability to revive its economy has left its stocks and bonds in an unenviable position: cheap, unloved and increasingly irrelevant.