Search Results for: tech ecosystem
- Business News
Thailand aims to be among top five Asian tech ecosystems
Aspiring to rank among Asia’s top five tech ecosystems within the next decade, Thailand is currently focusing on the development of smart industries, particularly in tourism, healthcare, agriculture, and manufacturing, according to a statement by a corporate innovation accelerator. Dr Kid Parchariyanon, CEO and co-founder of RISE, the accelerator, insisted that the adoption of artificial intelligence (AI), along with nurturing…
- Finance
The future of Thailand’s startup ecosystem: Trends, tech & talent
Thailand is quickly becoming one of Southeast Asia’s top destinations for startups. While the country was once known mainly for tourism and manufacturing, it’s now gaining attention for its growing tech-driven entrepreneurial scene. Government support, a young and skilled workforce, and a booming digital economy are driving this change. Cities like Bangkok and Chiang Mai are emerging as hubs of…
- Business News
Malaysia strengthens halal economy through digital ecosystem and partnerships
Malaysia has positioned itself as a major force in the global halal economy by building a strong digital halal ecosystem that provides financing, advisory services, and business intelligence to help local SMEs expand abroad. This model, which underpins Malaysia’s success in exporting halal products, is now being adapted to support neighbouring Thailand in strengthening its own halal sector. Malaysia and…
- Business News
The rise of fintech in Thailand: technology vs traditional banking
Thailand’s financial landscape is undergoing a profound transformation. At the heart of this evolution is the meteoric rise of financial technology (fintech), a sector that disrupts the traditional banking model. And also reshapes consumer behaviour and the competitive landscape. Mobile-first platforms, e-wallets, and digital lending services have become mainstream. And the battle between fintech and traditional banks intensifies. And it…
- Business News
Tech it to the bank: Thailand’s data boom lures global giants
Thailand is quickly establishing itself as a key player in the global digital landscape, attracting major international data centre investments worth over 100 billion baht. The Board of Investment (BoI) reported that existing giants from the US, China, Japan, and South Korea are eager to expand their operations in the country, which is anticipated to exceed last year’s investment levels.…
- Education
SMU supports women in tech to strengthen Thailand’s digital growth
As Thailand’s digital economy continues to grow and contribute to Southeast Asia’s projected US$1 trillion (approximately 33.6 trillion baht) digital market by 2030, women’s leadership in technology has never been more crucial. Recognising this, Singapore Management University (SMU) hosted an event in Bangkok titled Leadership in Tech: AI Ethics, Data Governance, and the Power of Community—a platform to celebrate and…
- Business News
Why Thailand has become an important tech hub in Asia
Thailand, traditionally famous for its beautiful beaches, rich culture, and busy tourism industry, now shines in the tech world. In recent times, the country quickly changed into a major technology hub in Asia. This transformation attracts investors, startups, and large global tech companies. What has turned Thailand into a tech rising star? Let’s find out. Thailand’s Strategic Place in Asia…
- Thailand News
Thailand video news | Thailand legalises same-sex marriage, Vietnam’s president meets U.S. corporations to boost tech sector
In this Thailand video news, Alex covers news stories from across Thailand and Southeast Asia countries. The stories include Thailand has made history as the first Southeast Asian country to legalise same-sex marriage. In Koh Samui, a Russian man was fined for reckless driving, while a Thai woman accused an Indian businessman of leaving her with an STD. A Thai…
- Search Engine Marketing (SEM)
Clever tips to upskill your tech career in Thailand
In the dynamic realm of technology, continuous learning goes beyond being optional – it becomes imperative. Keen on ascending the corporate hierarchies in Thailand’s tech sphere? You’d need to adapt to an ecosystem that often deems sustained loyalty as preferable to frequent job changes. This, however, should not dissuade you. There exist strategies to fortify your career trajectory, preventing it…
- Lifestyle
Wearable technology innovations and applications
Venture into the evolving realm of wearable technology, where innovation is not merely a trendy term, but a crucial element of survival. This advanced sector is instigating transformations across industries, improving worker safety, elevating performance levels, and diligently focusing on health. From sophisticated smartwatches to comprehensive activity trackers, wearable technology is not an aspect of a futuristic vision, it is…
- Technology News
The role of technology in remote work and the future offices
The employment landscape is currently undergoing significant metamorphosis, right under our watch. The abrupt advent of COVID-19 has hastened the transition into an era of remote operations, largely relegating the conventional office to a historical artefact. Initially a circumstantial adjustment in the face of a worldwide predicament, this shift has subsequently revealed multiple advantages and is poised to become the…
- Technology News
Advancements in renewable energy technology
Renewable energy isn’t just a trending buzzword – it’s an essential piece of the puzzle as we strive for a greener tomorrow. Exciting developments in this field are not only shaking up how we think about power but also paving the way for a friendlier relationship with our planet. Cutting-edge technologies are sparking these improvements, playing a major part in…
- Thailand News
Microsoft’s digital dynamo: Thailand tech scene ignited by AI blitz
Satya Nadella, Chairman and CEO of Microsoft, unveiled ambitious plans to supercharge Thailand’s digital landscape with a surge in Data and AI initiatives. The tech giant’s commitment extends to fostering a robust AI ecosystem, offering over 100,000 individuals the chance to upskill and dive into the world of artificial intelligence. “This marks a pivotal moment for Thailand, propelling us into…
- Thailand News
Fintech friends: Thai-Australian pact seals future prosperity
A landmark Memorandum of Understanding (MoU) has been inked between the Thai Fintech Association and FinTech Australia, setting the stage for increased collaboration in the burgeoning financial technology sector. The agreement was signed this week, reflecting both nations’ commitment to enhancing their fintech industries. The Deputy Chair of FinTech Australia, Brian Collins, acknowledged the vast potential for growth in Thailand…
- Technology News
Top 10 tech startups revolutionising Thai business in 2024
Thailand’s technological ecosystem is currently experiencing a significant surge in innovation, positioning the nation at the forefront of this dynamic shift. The emergence of startups focused on revolutionising sectors ranging from finance to identity security marks an unparalleled period of exploration within the landscape. This development presents an opportune moment for entrepreneurs, investors, and technology enthusiasts to engage with these…
- Cannabis
Effective pest management techniques for cannabis
Managing pests in your cannabis crop is crucial for ensuring a healthy, productive harvest. Cannabis plants are magnets for a variety of pests and diseases, making pest management a top priority for growers. Integrated Pest Management (IPM) stands out as a sustainable approach, focusing on biological control methods to keep those pesky invaders at bay. Starting with IPM a month…
- Thailand News
Thailand’s NSTDA building AI ecosystem for ethical standardisation
The artificial intelligence (AI) ecosystem is under construction by Thailand‘s National Science and Technology Development Agency (NSTDA). The move is part of an effort to establish ethical and standardisation measures to prevent AI misuse, as confirmed by the agency’s director, Chukit Limpijamnong. The NSTDA has been working on setting up the ecosystem, recognising AI’s role in bolstering economic and social…
- Thailand News
Huawei Cloud Thailand partners with MDES to boost AI tech development
A partnership has been forged between Huawei Cloud Thailand and the Ministry of Digital Economy and Society (MDES), aimed at propelling the development of cloud and artificial intelligence (AI) technology. This collaboration is part of a broader vision to establish Thailand as a prominent hub for AI in the region. The partnership was formalized through a memorandum of understanding (MoU)…
- Business News
AI accelerates: Dell’s 2024 forecast unveils tech integration triumph for business evolution
Dell Technologies predicts that by 2024, artificial intelligence (AI) will be the driving force behind the integration of other emerging technologies, including advanced hardware, edge devices and cybersecurity, all aimed at enhancing business transformation. The tech firm foresees a convergence of quantum computing and generative AI within the next five years. John Roese, Dell Technologies’ Global Chief Technology Officer, shared…
- Business News
Businesses ride the AI technology wave: Boosting creativity and productivity in Thailand
The world of business has seen a seismic shift as artificial intelligence (AI) takes centre stage. AI technology is being harnessed to enhance creativity and productivity, with millions already reaping the benefits. The rise in AI-powered products from startups and organisations is visibly transforming every industry sector. Canva, a widely used visual communication platform in Thailand, is a prime example.…
- Business News
TrueMoney, true borders: Fintech giants unite for cross-border payments
Ant Group and TrueMoney, a dominant fintech company in Southeast Asia, have forged a collaboration to facilitate mobile payments across borders between China and Thailand, a move that will see Thai tourists making cross-border payments to millions of merchants in China via the TrueMoney e-wallet. The cross-border payments are facilitated by Alipay+, a cross-border mobile payment ecosystem under Ant Group,…
- Business News
Siriraj Hospital partners with Cariva to bolster Thailand’s medical AI ecosystem
Siriraj Hospital‘s Faculty of Medicine, under Mahidol University, is partnering with local artificial intelligence (AI) start-up, Cariva (Thailand), to utilise AI technology in enhancing medical treatment and developing innovative medical products and services. This collaboration is aimed at solidifying Thailand’s reputation as a medical hub and facilitating the export of AI-driven healthcare innovations to the Asia-Pacific region. Dr Apichat Asavamongkolkul,…
- Technology News
McKinsey foresees AI technology dominating Thailand’s future
The Thai branch of global consultancy McKinsey & Company predicts that the three most impactful trends for Thailand over the next year will be generative artificial intelligence (AI), immersive technology, and climate technology. The prediction is a part of the company’s 2023 Tech Trends Outlook, which was published in July. Gordon Candelin, senior expert and leader of McKinsey Design Southeast…
- World News
Malaysia aims for digital investment hub status with startup ecosystem revamp
The Malaysian government seeks to reform the country’s startup ecosystem by focusing on funding and investment opportunities at the seed and angel investor stages, according to Economy Minister Rafizi Ramli. In a recent talk, Ramli highlighted Malaysia’s potential to become a regional hub for digital investors, on par with neighbouring Singapore and Indonesia. Plans are also underway to integrate back-end…
- Business News
Virtual twin tech tackles traffic congestion and pollution in smart cities
Virtual twin technology is emerging as a transformative tool for future mobility and smart cities, helping to address issues such as traffic congestion and air pollution, according to Dassault Systèmes, a France-based 3D design software company. This technology is an extension of digital twins, which are digital replicas of physical objects, systems, or processes that integrate advanced technologies and data…
- Business News
Thailand partners with Asean organisations to develop electric vehicle battery technology
Thailand has joined forces with five technology and electric vehicle (EV) organisations in Asean to conduct a joint study and develop EV battery technology, in efforts to strengthen the booming EV industry in the region. This collaboration aims not only to enhance the EV ecosystem but also to support Asean’s economy under its sustainable development concept, stated Pimpa Limthongkul, the…
- Press Room
Thailand’s leading Fintech “DeeMoney” unveils new strategy “Owndee” with better rates, faster, and easier transfers
DeeMoney is Thailand’s No 1 money transfer service licensed by BoT DeeMoney aims to be NeoBank offering comprehensive cross-border payment and money transfer services on digital platforms that best address target customers’ demand In 2022, DeeMoney emerged as a dominant fintech player in the non-bank money transfer sector, with overall transactions exceeding 3 million transactions with a volume over 50…
- Thailand News
Lifull Connect acquires FazWaz in Thailand, forming exciting PropTech partnership with Dot Property
Lifull Connect, the largest real estate aggregation network in the world, has announced its acquisition of FazWaz in Thailand. This strategic move brings together two major players in the region’s PropTech ecosystem, Dot Property and FazWaz, forming an exciting partnership. Dot Property, which owns and operates Thailand-Property.com and dotproperty.co.th, is Southeast Asia’s fastest-growing real estate marketplace. It has recorded significant…
- Events
Southeast Asia’s sauciest tech event, Techsauce Global Summit to return to Bangkok in physical form
Press Release The countdown is on for the return of Southeast Asia’s innovative tech event, Techsauce Global Summit 2022. Returning in physical form for the 8th year, it will take place from the 26th – 27th of August 2022 at ICONSIAM in Bangkok, Thailand. Techsauce Global Summit aims to strengthen the region’s technology ecosystem as well as push Thailand forward to become one…
- Business News
Why is Thailand’s PropTech market so valuable…
… and who will come out on top in the battle of the portals and hybrids, 2020 and beyond? How big is the Thailand economy? Is Thailand just for tourism? The explosive growth in the economy has now placed Thailand as the second largest economy in Southeast Asia. With over 70 million people now residing in Thailand, the country boasts one of…
