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GENERAL

Is the government on cloud nine?

Business, Suchit Leesa-nguansuk, Published on 04/07/2024

» Last month the cabinet approved the establishment of a Cloud First Policy Committee to steer all state agencies towards the digital government scheme.

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GENERAL

Bluebik Titans: Investment needed to prevent internal threats

Business, Suchit Leesa-nguansuk, Published on 27/06/2024

» Thai organisations should invest in order to prevent internal threats, which are listed among the top five security incidents in Thailand that can lead to financial losses and reputational damage, says cybersecurity consultancy Bluebik Titans.

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GENERAL

Ascend Money bags $195m from MUFG unit

Business, Suchit Leesa-nguansuk, Published on 27/06/2024

» Ascend Money, a leading fintech firm under Charoen Pokphand Group, has secured investment from a subsidiary of Mitsubishi UFJ Financial Group Inc (MUFG) worth US$195 million to accelerate digital financial inclusion in Thailand, mainly in digital finance and lending to non-bank users.

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GENERAL

Canvas Ventures eyes pinktech startups

Business, Suchit Leesa-nguansuk, Published on 26/06/2024

» Thailand could become a "pinktech" hub, capitalising on untapped business opportunities stemming from the LGBTQ community, says Canvas Ventures Co Ltd, a multi-family venture capital office.

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GENERAL

Most Thai jobs safe from AI

Business, Suchit Leesa-nguansuk, Published on 24/06/2024

» Artificial intelligence (AI) could have a muted impact on Thai employment, with less than 4% of employees in the service sector at high risk of being replaced by the technology, according to Kasikorn Research Center (K-Research).

GENERAL

STT GDC ready for AI-enabled data centre

Business, Suchit Leesa-nguansuk, Published on 25/06/2024

» STT GDC Thailand has announced its readiness for an artificial intelligence-enabled data centre to support demand for growing AI usage.

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GENERAL

Alibaba rumoured to dump Lazada

Business, Suchit Leesa-nguansuk, Published on 20/06/2024

» An industry source familiar with Alibaba and the e-commerce industry says the company is in talks with Central Group and Charoen Pokphand (CP) to sell its stake in Lazada Thailand, following intensifying competition in the local market.

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GENERAL

Line Man Wongnai fears more eateries may shutter

Business, Suchit Leesa-nguansuk, Published on 21/06/2024

» Line Man Wongnai has reported that the online food delivery market continues to grow, but the unfavourable economy could cause more than 50,000 to 100,000 small restaurants to close.

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GENERAL

AutoStore sets up robot production base

Business, Suchit Leesa-nguansuk, Published on 19/06/2024

» AutoStore, a Norway-based automated fulfilment system, selected Thailand as its second overseas market to set up a robot manufacturing base, aiming for proximity to key markets.

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GENERAL

Fortinet points to surge in value of cybercrime by 2025

Business, Suchit Leesa-nguansuk, Published on 19/06/2024

» The financial impact of cybercrime on the economy and society is expected to surge to US$10.5 trillion by 2025, yet Thailand spends only 0.2% of corporate revenue on cybersecurity systems, according to global cybersecurity firm Fortinet.