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Q4 2024: Thailand

 

December | November | October

Myanmar, military and money

Breaking the Nexus: The Military, Money, and Myanmar

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Indo-Pacific Insight
Geopolitics, emerging risks, supply chains…

Indo-Pacific news

Indo-Pacific Insight: Daily LinkedIn newsletter

December 2024

  • Thailand: Korea Tourism Startup Center opens in Bangkok, an initiative by Korea Ministry of Culture, Sports & Tourism and Korea Tourism Org’n aiming to boost collabs and market entry / full item
  • Thailand unveils the DE-fence Platform, a wide-focus platform aiming to counter digital fraud and scams, with databases integrated from telcos, police, AML task force, and other agencies / full item
  • Thailand: Freshket secures $8M with sights on becoming the leading tech-driven restaurant food supply chain platform in Thailand / full item

Southeast Asia: “…the rise of global scam operations is the third-most concerning geopolitical trend for regional respondents.” / full item

  • Thailand: TechSauce media platform gains Ministry of Foreign Affairs partnership to boost awareness of and opportunities for Thai startups domestically and internationally / full item
  • Thailand: India’s Wipro, Thailand’s SIAM AI, and NVIDIA partner for ‘Sukjai’, AI-driven digital assistant enhancing domestic and international tourist experiences / full item
  • Thailand Post partners Singapore’s bolttech insurance-tech to enable customers to purchase coverage via QR codes on post office receipts or in person at any PO branch / full item
Digital Economy Agreements in Asia and Pacific

ADB: The Role and Future of Digital Economy Agreements in Asia & Pacific

November 2024

  • Thailand: Japan’s Toshiba and Naturenix partner for SCiB lithium-ion battery brand in Thailand, manufacturing units for subscription packages to 2-wheeled e-bike users / full item
  • Thailand: Police and electricity authorities raided buildings across 2 provinces, arresting suspects and seizing cryptocurrency mining rigs / full item

“[Thailand’s] Anti-Online Scam Operation Centre’s efforts have led to the suspension of 365,404 bank accounts linked to fraudulent activities, averaging 1,128 accounts suspended daily…” / full item

  • Millennium Hotels & Resorts boosts Aiello partnership for in-room, AI-powered voice assistant tech across six MHR properties in Singapore and Thailand / full item
  • South Korea’s Perigee Aerospace space launch firm and Thailand’s Geo-Informatics & Space Tech Development Agency ink MOU to develop Thai space infrastructure and capabilities / full item

“A transnational scam ring comprising Thai, Myanmar, and Cambodian nationals has been arrested for defrauding a Thai woman of over 21 million baht ($620K)…” / full item

  • Singapore’s Nium payments platform and JP Morgan’s Kinexys boost collaboration on data supply to validate bank accounts in int’l payments to Malaysia, Thailand and Hong Kong / full item
  • Download: ‘FinTech in ASEAN 2024, A Decade of Innovation’ – UOB, PwC, SFA “Singapore and Thailand accounted for 3/4 of total FinTech funding in the region for 9M 2024.” / full item
Asia Pacific Data Centre Construction Costs

Cushman & Wakefield: Asia Pacific Data Centre Construction Costs

October 2024

  • Thailand sets sights on esports, gaming and animation sectors to boost tech goals, with infrastructure including Digital Edutainment Complex in Thailand Digital Valley / full item
  • Thailand: Prime Minister invites China to build a satellite launch base for providing 6G technology in Thailand / full item
  • Thailand: Siam Commercial Bank & SCB 10X investment arm reportedly launch nation’s first cross-border payments-and-remittances service using stablecoins and public blockchain / full item
  • Thailand: Ethereum Foundation’s Devcon developer and community conference is set for Bangkok, November 12-15 / full item
  • Thailand: The Australia Room opens its doors, a forensics training hub for police forces from Cambodia, Laos, Thailand and Vietnam, focusing on cyber-scams and crime networks / full item
  • An overview of DEX Connex Thailand 2024, part of the Malaysia Digital Economy Corporation’s Digital Export facilitation programme for startups and digital businesses / full item
  • Thailand: Google to invest $1BN in building data centre and cloud computing region to meet SEA demand for AI, creating 14K jobs annually until 2029 / full item
  • Thailand’s Siam Commercial Bank and Thunes global payments company partner for international cross-border payments and remittances / full item
How Southeast Asia Buys and Sells

IDC: How Southeast Asia Buys and Sells (pdf link)

Indo-Pacific Insight

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