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Thailand gains access to XTransfer platform

Business, Suchit Leesa-nguansuk, Published on 28/03/2024

» XTransfer, a Chinese fintech unicorn, has expanded its business-to-business (B2B) cross-border trade payment platform to Thailand to capitalise on global trade conducted by small and medium-sized enterprises (SMEs).

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Ascend Money targets Nasdaq listing

Business, Suchit Leesa-nguansuk, Published on 22/03/2024

» Ascend Money, a financial technology firm backed by Charoen Pokphand (CP) Group, aims to list on the Nasdaq stock exchange within two years, Suphachai Chearavanont, the company's founder and chairman, told the Bangkok Post.

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More baht depreciation

Business, Nareerat Wiriyapong, Published on 20/03/2024

» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.

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Medical service takes to the skies

Business, Suchit Leesa-nguansuk, Published on 18/03/2024

» Dr Kornprom Saengaram, medical director of Saint Louis Hospital, has started an air ambulance service to capitalise on the country's ambition to become a regional medical hub.

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Smartphone market to see 3% uptick

Business, Suchit Leesa-nguansuk, Published on 14/03/2024

» Thailand's smartphone market is projected to grow 3% in 2024, driven by replacement purchases and advanced technology features, according to a global research firm.

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Delta lays out investment plans

Business, Nareerat Wiriyapong, Published on 13/03/2024

» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.

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Data centres tipped for growth

Business, Suchit Leesa-nguansuk, Published on 05/03/2024

» Thailand's data centre market has been ranked the third largest in Asean and continues to post significant growth, thanks to the investment requirements among global and local providers operating in the industry during 2024-2027.

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Virtual bank applications to open in March

Business, Somruedi Banchongduang, Published on 01/03/2024

» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.

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Trojan attacks zero in on Thailand

Business, Suchit Leesa-nguansuk, Published on 28/02/2024

» Thailand has become a target for Trojan malware stealing facial recognition biometric data, while a survey found the country faced a higher rate of cyber-attacks than the global average during the last six months of 2023, according to leading cybersecurity firms.

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Thailand's unicorn factory

Business, Komsan Tortermvasana, Published on 26/02/2024

» The National Innovation Agency (NIA) has designed a new strategy to support local startups, facilitating their development and enabling them to keep pace with innovation demand in global markets.