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BUSINESS

Visa predicts payment avenue boom by 2022

Business, Suchit Leesa-nguansuk, Published on 11/06/2018

» The rise of new forms of Internet of Things (IoT) and artificial intelligence (AI), empowered by big data analytics, will lead to new methods of payment, with Visa Inc predicting 30 billion ways to pay and 400 million ways to be paid by 2022.

BUSINESS

B35m digital fund for SMEs

Business, Suchit Leesa-nguansuk, Published on 14/06/2018

» The Digital Economy Promotion Agency (Depa) is allocating 35 million baht for a digital transformation fund to help small and medium-sized enterprises (SMEs) embrace digital technology.

BUSINESS

Culinary startup Cookly gets further funds

Business, Suchit Leesa-nguansuk, Published on 15/06/2018

» Cookly, a Bangkok-based online booking platform for cooking classes and culinary experiences around the world, has raised pre-Series A funding led by Zcoin founder Poramin Insom.

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BUSINESS

Big firms support 500 TukTuks

Business, Suchit Leesa-nguansuk, Published on 15/06/2018

» Five Thai corporations have invested in 500 TukTuks, the local operating unit of US venture capital 500 Startups, aiming to make Thailand an innovation and deep tech destination in Southeast Asia.

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BUSINESS

Kerry plans B1.8bn to boost delivery network

Business, Suchit Leesa-nguansuk, Published on 15/05/2018

» Kerry Express, a domestic parcel express delivery service and part of Hong Kong-based Kerry Holdings Group, is earmarking 1.8 billion baht to expand its delivery network capacity to grow e-commerce and cross-border trade.

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BUSINESS

SAP aims to transform firms via innovation

Business, Suchit Leesa-nguansuk, Published on 15/05/2018

» Business organisations need to become digital enterprises by integrating emerging technologies with data insights to bring about new business models and innovations, says SAP, an enterprise software firm.

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BUSINESS

Somkid orders B10bn spent on startup fund

Business, Suchit Leesa-nguansuk, Published on 18/05/2018

» In order to position Thailand as a startup hub in Asia by 2020, the government has ordered the Board of Investment (BoI) to spend 10 billion baht of the Competitiveness Fund on the startup community as well as demanding the acceleration of three startup-related laws.

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THAILAND

Girding for GDPR

Business, Suchit Leesa-nguansuk, Published on 21/05/2018

» The EU's General Data Protection Regulation (GDPR) comes into force on May 25, raising the bar for data protection and privacy practices and forcing Thailand to speed up passage of the Personal Data Protection Act.

BUSINESS

Regtech to get push of data privacy compliance

Business, Suchit Leesa-nguansuk, Published on 22/05/2018

» New compliance regulations concerning digital disruption and data privacy protection are driving opportunities for a new type of startup -- regulatory technology (regtech) -- in Thailand.

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BUSINESS

Thailand takes No.2 Line Today spot with 32m users

Business, Suchit Leesa-nguansuk, Published on 23/05/2018

» Line Today has secured 32 million users in Thailand after two years of operations, making it the service's second-largest market after Japan.