Technology News
Explore the groundbreaking world of Technology News in Thailand, covering the latest advancements in innovation, software, gadgets, and more. We focus extensively on Thailand’s tech scene, from startups and emerging industry trends to artificial intelligence and virtual reality breakthroughs. Whether you’re a digital enthusiast or tech professional, our insightful articles connect you with everything you need to know about the rapidly evolving technology landscape.
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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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Southeast Asia sees 130% growth in YouTube Shorts daily views
A significant increase in daily views for YouTube Shorts has been observed in Southeast Asia, with a growth of over 130% in the year ending July 2023, according to Niharika Kapoor, the Asia-Pacific head for Shorts scaled partnerships. This format, which limits videos to a maximum of 60 seconds, has been instrumental in attracting new creators to the global YouTube…
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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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Chinese EV investments in Thailand linked to zero dollar tours
Chinese Electric Vehicle (EV) makers’ investments in Thailand have sparked comparison with a notorious scam, the zero dollar tours, among some industry insiders. The scam, which came into the limelight in 2016, involved Chinese tourists being enticed with inexpensive tour packages in Thailand, only to be compelled to purchase overpriced souvenirs and services. The parallel is being drawn because Chinese…
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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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Virtual banks to revolutionise Thailand’s financial landscape
The Royal Gazette announced that virtual banks are set to become a reality in Thailand, with the Bank of Thailand (BoT) accepting applications from March 20 to September 19 this year. The aim is to stimulate competition and ensure the stability of the financial system, without limiting the number of licences available. Virtual banks are expected to cater to customers…
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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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Microsoft CEO halts Southeast Asia trip including Bangkok
Microsoft CEO Satya Nadella delayed his visit to Thailand and neighbouring Southeast Asian nations, as announced yesterday. The eagerly awaited Microsoft Build: AI Day event slated for March 21 in Bangkok now hangs in limbo indefinitely, Microsoft revealed on Friday. “We are doing our utmost in preparing to reschedule the event and will inform you of the details as soon as…
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EA plans expansion in renewable power and EV sector
Renewable energy and electric vehicle (EV) developer, Energy Absolute Plc (EA), is set to expand its power business. The decision comes after a pause in the introduction of new projects since 2019. Currently, the firm’s wind and solar farms generate a capacity of 664 megawatts. The company’s CEO, Somphote Ahunai, noted in a 2020 interview that EA diversified into EV-related…
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Thailand’s smartphone market to grow 3% in 2024, says report
A 3% growth in Thailand’s smartphone market is anticipated in 2024, fuelled by the need for upgrades and enhanced technology features, says an international research firm. This follows a 2% rise in 2024, when Thailand was the only Southeast Asian nation to experience marginal growth, due to the strong performance of budget smartphones, as per Counterpoint Research’s Southeast Asia Monthly…
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Phang Nga’s lithium deposits eyed for Thailand’s EV ambitions
Phang Nga’s rich lithium deposits were the focal point of a House Committee on Industry visit yesterday, as the government looks to establish the area as a global lithium source. The move aligns with the government’s strategy to make Thailand an electronic vehicle (EV) manufacturing hub. Akkaradech Wongpitakroj, chairman of the House Committee and United Thai Nations MP for Ratchaburi,…
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Revolutionary ‘Air Swipe Bag’ holds single item
In a groundbreaking fusion of fashion and aerospace technology, the designer brand Coperni has stunned the world with its latest creation: the Air Swipe Bag. Dubbed the “Air Swipe Bag,” this avant-garde accessory unveiled during the 2024 Paris Fashion Week has sent shockwaves through the fashion industry. Crafted from an astonishing 99% air and 1% glass, this bag is as…
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True Corporation unveils 2024 strategy with AI, digital growth focus
True Corporation, the Thai telecommunications conglomerate, disclosed its tripartite strategic model for 2024. This strategy encompasses modernising its digital infrastructure, offering distinctive services to its customer base and redefining the company through the application of artificial intelligence (AI) and cutting-edge technologies. The company’s CEO, Manat Manavutiveth, has identified five disruptive elements for the current year, namely, global economic uncertainty, generative…
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Thai EV sales surge by 603% amid government incentives
Battery electric vehicles (BEVs) sales in Thailand surged by 603% year-on-year to 73,568 units last year, with the upward trend expected to continue throughout this year, as per the Federation of Thai Industries (FTI). This growth is expected to outstrip that of internal combustion engine (ICE) vehicles, which witnessed a 13.7% year-on-year sales decline to 238,570 units in 2023, capturing…
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Kia considers setting up electric vehicle factory in Thailand
Premium Korean car manufacturer, Kia, is exploring the possibility of setting up an electric vehicle (EV) factory in Thailand, as per an announcement made by Kia Sales (Thailand). The move comes in response to the rapidly expanding EV market in the country. If approved by Kia Corporation, the parent company which falls under the Hyundai Motor Group, Thailand would become…
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Mono next to test AI-generated news anchors on digital platform
Mono Next, a publicly traded media and content provider, announced plans to test artificial intelligence (AI)-generated news anchors on its Mono 29 digital TV channel and online platform. The trial run, set to kick off next month, will be used to gauge audience reactions to these AI-generated anchors. Patompong Sirachairat, Mono’s chief executive, clarifies that the move is not aimed…
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BAAC to launch e-commerce platform with Chinese tech firm
The Bank for Agriculture and Agricultural Cooperatives (BAAC) is in discussions with a prominent Chinese technology firm to establish a joint venture. The focus of this venture is to create an e-commerce platform to streamline the sale of agricultural commodities to China, as revealed by Chatchai Sirilai, the bank’s president. In this joint venture, the BAAC will not be considered…
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TKC aims for cybersecurity sector growth in Thailand
Turnkey Communication Services (TKC), a digital solutions provider listed on the Stock Exchange of Thailand (SET), has set its sights on the cybersecurity sector, forecasting that it will account for 5% of its total income this year. This ambitious move comes as part of a broader strategy to achieve double-digit annual growth over the next five years. TKC’s chief executive…
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Thai cyber-attacks surge as Trojans target biometric data
Thailand has been identified as a hotbed for Trojan malware that steals biometric data, such as facial recognition, as the country’s rate of cyber-attacks exceeds the global average over the last half of 2023, according to state reports from top cybersecurity companies. Andrey Polovinkin, a malware analyst at the Singapore-based cybersecurity firm Group-IB, warned that biometric systems may fall prey…
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Thailand aims to become Southeast Asia’s data centre hub
The Thailand Data Centre Council (TDCC) is pushing to establish Thailand as the central hub for data centres in Southeast Asia in the next three years, amid rising competition with foreign data centre providers joining the market. From the United States, Japan, China, Singapore, Malaysia, Australia, and India, global cloud data centre operators are turning their investment focus towards Thailand.…
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Thailand seeks German investment in electric vehicle industry
Deputy Prime Minister Parnpree Bahiddha-Nukara announced on a recent official trip to Germany, the Thai government’s intention to attract German automobile manufacturers to invest in Thailand’s burgeoning electric vehicle (EV) industry. This initiative is part of the broader plans for Prime Minister Srettha Thavisin’s official visit to Germany next month. The deputy prime minister, who also serves as the foreign…
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Thailand promotes electric trucks and buses with new incentives
The National Electric Vehicle Policy Committee in Thailand has given the green light for incentives aimed at encouraging companies to switch their commercial fleets of large trucks and buses to battery electric vehicles (BEVs). The committee has also approved cash grants for manufacturers of EV battery cells. The secretary-general of the Board of Investment and secretary of the Electric Vehicle…
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New EV incentives boost investment in Thai automotive sector
The Federation of Thai Industries (FTI) expressed confidence in the transformative potential of the new electric vehicle (EV) incentive packages, anticipating a significant boost to investment in the automotive sector and related businesses. As Thailand strives for sustainable economic growth and enhanced competitiveness, surges in investment are vital, particularly in the targeted S-curve industries encompassing next-generation vehicles. Surapong Paisitpatanapong, the…
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Thailand’s TSRI and NTBC team up for 5G revolution
The Thailand Science Research and Innovation (TSRI) has taken a giant leap forward by partnering with the National Broadcasting and Telecommunications Commission (NTBC) to propel the country into the 5G era. Dr Sirirurg Songsivilai, chairman of the National Commission on Science, Technology and Innovation at TSRI, highlighted the significance of optimising 5G adoption, stating that it is one of TSRI’s…
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