Technology News
Stay updated on Thailand’s latest technology advancements, from AI and startups to gadgets and industry trends. Explore key innovations shaping the country’s digital landscape.
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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…
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Intel unveils two new AI chips for China: Navigating US sanctions with innovation
Intel has recently announced the introduction of two new AI chips, the HL328 and HL388, specifically designed for the Chinese market. These chips, characterized by their adjusted capabilities, represent Intel’s strategic response to navigate through a maze of export controls and US sanctions. Set for release in the forthcoming months, these innovations mark a significant shift in how technology companies…
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Thailand gears up for stricter AI regulations, eyeing legal framework
The need for stricter artificial intelligence (AI) regulations has been highlighted, as countries, including Thailand, prepare to develop comprehensive AI legal frameworks. This follows the approval of the world’s first comprehensive AI law, the AI Act, by the European Parliament. Putchapong Nodthaisong, Secretary-General of the National Digital Economy and Society Commission, revealed that the commission already has AI ethics guidelines…
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Thai agencies launch e-system to streamline corporate data
The Thai Chamber of Commerce, the Office of the Public Sector Development Commission (OPDC), and the Business Development Department have collaborated to implement an electronic system streamlining corporate data. This highly anticipated paperless system is projected to save residents and entrepreneurs up to 7 billion baht annually. Sanan Angubolkul, the chamber’s chairman, stated that the project eliminates the need for…
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PM Srettha aims to boost Asia-Pacific’s sustainable development
PM Srettha charged the United Nations’ Economic and Social Commission for Asia and the Pacific (ESCAP) to assist in identifying innovative solutions to promote sustainable development across the Asia-Pacific region. This appeal was part of his address at the 80th ESCAP session, themed Leveraging Digital Innovation for Sustainable Development in Asia and the Pacific, held in Bangkok yesterday, April 22.…
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‘Mobile First’ as a standard: Techysquad redefines web accessibility and responsiveness
Mobile First has created a massive paradigm shift in the past decade, gradually creeping into the hearts and minds of consumers. In 2022, the number of active mobile subscriptions exceeded the entire world’s population by 0.63 billion, the Telecommunication Union (ITU) signalled. For TECHYSQUAD IT INFRASTRUCTURE CO. L.L.C, a Dubai-registered technology provider of Forex CRM and Web design solutions for…
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Phuket launches free electric bus to drive sustainable tourism
Phuket is gearing up for a greener future with the launch of a free air-conditioned electric bus service in the heart of the city. Scheduled to accelerate on May 9, this eco-friendly initiative is driven by a collaboration between local companies under the banner of PKCD and the Sustainable Tourism Development Foundation. The announcement for the 22-seat Smart Bus EV…
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Phuket officials explore technology collaboration on Chengdu visit
Phuket officials recently concluded a three-day visit to Chengdu, in China, focusing on potential collaborative ventures in trade, investment, and tourism. One of the key discussions centred on the application of unmanned aerial vehicles, commonly known as drones, to tackle various challenges in Phuket, including traffic management and tourist assistance. The delegation, led by the President of the Phuket Chamber…
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Hyundai’s electrifying dismay: Thailand EV sales spark low
Hyundai Mobility Thailand, the Korean automaker’s subsidiary, warns that this year’s electric vehicle (EV) sales in Thailand may fall short of the predicted 130,000 units. The company cites an ongoing price war amongst Chinese EV manufacturers as the primary obstacle, leading to unstable car prices and discouraging potential buyers. The managing director of Hyundai Mobility Thailand, Wallop Chalermvongsavej, noted the…
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Bangkok Airways soars to new heights with Sabre
Bangkok Airways has solidified its long-standing collaboration with Sabre, the global leader in innovative travel technology. The Suvarnabhumi International Airport-based carrier, renowned for its extensive network spanning over 20 regional destinations, including Cambodia, China, Laos, Maldives, and Singapore, has reaffirmed its commitment to Sabre’s cutting-edge solutions. Chulin Kocharoen, Vice President of Network and Product Development at Bangkok Airways, expressed the…
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Thailand’s PTT Plc sees future in hydrogen fuel for vehicles
PTT Plc, Thailand’s national oil and gas conglomerate, is forecasting a future where hydrogen could potentially replace oil-powered vehicles, contributing to the reduction of air pollutants. This year, the company’s subsidiary Arun Plus, in collaboration with Taiwan’s Hon Hai Precision Industry Co., is planning to domestically produce electric vehicles (EVs). Additionally, PTT is partnering with various companies to advance the…
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Revving up: Rever Leasing to drive BYD EV financing in Thailand
Rever Leasing, a vehicle finance subsidiary of Rever Automotive Co, the exclusive distributor for BYD electric vehicles (EVs) in Thailand, is set to launch operations next month. The firm has set a high target to become the top electric vehicle loan provider in Thailand within the next few years. Isara Wongrung, the CEO of Rever Leasing, expressed confidence in the…
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Thailand likely to house major EV battery factory within two years
The Board of Investment (BoI) anticipates the establishment of a substantial facility for the manufacturing of battery cells for electric vehicles (EVs) in Thailand within a two-year timeframe. This projection follows a promotional roadshow conducted by the BoI in China just last week. Narit Therdsteerasukdi, the BoI Secretary-General, explained that this roadshow emphasised the benefits and incentives being offered to…
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Chinese firms eye EV supply chain in Thailand’s Smart Park
Chinese companies have shown keen interest in the EV supply chain and energy sectors of the Smart Park Industrial Estate, situated in Rayong, Thailand. This industrial estate is due to open by the end of the current year, according to the Industrial Estate Authority of Thailand (IEAT). The companies aim to establish factories manufacturing EV components to cater to the…
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Nex Point Plc and Toyota Group unveil hydrgen-powered trucks
In a move towards greener transportation solutions, commercial electric vehicle (EV) giant Nex Point Plc has joined forces with Toyota Tsusho and Denso from Japan to pioneer hydrogen fuel cell vehicle (FCEV) trucks in Thailand. This groundbreaking memorandum of understanding aims to revolutionise the country’s transport sector and reduce greenhouse gas emissions. CEO Khanist Srivajiraprabha highlighted the significance of applying…
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Senate approves AI regulation in election campaigns
A report advocating for the regulation of election campaigns conducted using artificial intelligence (AI) was approved by the Senate yesterday. The Senate Committee on Politics compiled the report, which was presented during a meeting chaired by Senate Speaker Pornpetch Wichitcholchai. The report primarily focused on the use of social media in politics and election canvassing. The Senate’s term will come…
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How Thai business owner can leverage NVIDIA’s ‘Chat with RTX’
Thai business owners can leverage NVIDIA‘s “Chat with RTX” in several impactful ways to enhance your businesses, customer engagement, and operational efficiencies. Here’s how to maximize the benefit from Chat with RTX, the latest automation technology to your business. Make a note!: – Customer Support Automation Thai business owners can use NVIDIA’s “Chat with RTX” to power your customer support…
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Thailand and China join forces for lunar and space research
Thailand and China have taken a significant leap towards space exploration, establishing initial agreements for collaboration on the peaceful use of outer space and international lunar research stations. These pacts were announced by the China National Space Administration (CNSA). The intent behind these Memorandums of Understanding (MoU) is the formation of a joint working group, focused on space exploration and…
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Thai PM to seal multi-billion deal with Microsoft
Thai Prime Minister Srettha Thavisin is poised to welcome Microsoft titan Satya Nadella at the Government House next month, fuelling anticipation for a high-stakes dialogue on technological advancement. Reports suggest the rendezvous will delve into investments spanning a cutting-edge data centre, the Cloud First platform, and pioneering strides in artificial intelligence (AI) within Thailand’s borders. Nadella’s eagerly anticipated appearance is scheduled…
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Thailand signs MOU for comprehensive electric charging station project
The Electricity Generating Authority of Thailand (EGAT), the Office of the Eastern Economic Corridor Policy Committee (EECO), and the Thai Department of Energy Business signed a Memorandum of Understanding (MOU) on Monday concerning a comprehensive electric charging station project within Thailand’s Eastern Economic Corridor (EEC). The ceremony took place at the EGAT Head Office in Nonthaburi. Sarawut Kaewtathip, director-general of…
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Bangkok motor show fuels surge in electric vehicle demand
Demand for electric vehicles (EVs) is anticipated to surge at the Bangkok International Motor Show, with the Federation of Thai Industries (FTI) attributing the boost to the release of new EV models and the launch of promotional sales campaigns. Automakers are enticing potential customers with competitive pricing and low interest rates, particularly aiming at those planning to purchase new vehicles…
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Shocking surge: Thailand market sparks rise in EV loans
The Thai market is seeing a rise in loans for electric vehicles (EVs), as they are projected to lead the expansion in auto lending this year. Krungsri Auto, a prominent auto loan provider and a Bank of Ayudhya (Krungsri) unit, has projected new EV sales to climb to 100,000 units this year, a significant increase from 76,000 units the previous…
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5 emerging technologies shaping Thailand’s future
Thailand is a country that is undergoing major changes in both the economy and the technology in the country. On top of being a relaxing destination, Thailand is a technological haven where a variety of digital nomads and tech people seek to find IT jobs here or take advantage of the tech landscape of Thailand. From cybersecurity to hybrid workspaces…
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Thailand’s manufacturing production index falls for 17th time
The Office of Industrial Economics (OIE) disclosed that Thailand’s Manufacturing Production Index (MPI) has fallen for the 17th consecutive month. February saw a year-on-year decrease of 2.8%, bringing the index to 99.2 points. This slump is largely attributed to a drop in manufacturing within key sectors, including the automotive industry. The OIE has also highlighted ongoing issues with high household…
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Charged up: Thai finance chief sparks debate on EV development
Thailand’s finance permanent secretary stressed the need for the country to continue developing its electric vehicle (EV) sector, despite concerns about the arrival of the Chinese EV supply chain in the local automobile industry. Lavaron Sangsnit warned that without active policies to encourage EVs, Thailand may be overlooked as a locale for factory establishment due to the lack of essential…
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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…
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DeeMoney gives away Tesla Model 3 and over 3.5 million baht in prizes
DeeMoney, a leading Thai fintech company providing international money transfer services, successfully concluded its “OWNDEE Win Tesla” campaign, awarding a Tesla Model 3 and over 3.5 million baht prizes to lucky customers. The OWNDEE campaign embodies three core pillars: “Better rates,” as DeeMoney consistently offers superior exchange rates and lower fees compared to competitors. “Faster,” as DeeMoney guarantees swift transfers…
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Thai workers anticipate 41% pay rise due to AI skills acquisition
A recent report reveals that Thai workers anticipate a significant salary increase of over 41% through the acquisition of artificial intelligence (AI) skills. This surge also promises to catalyse career advancement. The report reveals that by 2028, AI will be embedded in approximately 98% of Thai organisations. These statistics underscore the growing importance of AI-skilled employees, with 94% of employers…
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McDonald’s mayhem: Global online services grind to a halt
McDonald’s, the global fast food titan, has been left reeling after a major technical glitch sent shockwaves across its chain, leaving customers hungry and frustrated. The culprit? A third-party provider’s blunder, not cyber-criminals as feared. The chaos unfolded during a routine configuration change, causing a system-wide outage that crippled operations in the fast food giant’s key markets like the UK,…
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Thailand consumer council pushes for AI regulation
The Thailand Consumer Council (TCC) is pushing for the modernisation of the Consumer Protection Act 1979, in order to accommodate the emerging trends in technology, particularly the rise of artificial intelligence (AI). This call for change comes in tandem with the TCC’s latest campaign, Responsible and Fair AI for Consumers, which was launched on World Consumer Rights Day. The campaign…
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