Thailand technology news snapshots: Q1 2025
March 2025 ● February 2025 ● January 2025
- Thai population (2023): 71.8 million
- Thai online population: 54M / 75.5%
- Thailand’s median age: 41.5 years
Lowy Institute: Southeast Asia Aid Map
Thailand tech snapshot: March 2025
- Thailand Tourism Authority partners China’s Baidu search giant to lift its image among Chinese tourists following safety concerns around a recent abduction in the country / full item
- Thailand Securities & Exchange Commission approves USD Coin and Tether stablecoins – USDC and USDT – for cryptocurrency trading on the country’s exchanges / full item
- “International data centre firms are continuing to invest in Thailand with applications valued at a minimum of 100 billion baht, mainly from existing players expanding their capacities…” / full item
- True Digital Park and Board of Investment of Thailand partner to attract foreign investors with a one-stop service to streamline business setup / full item
- Singapore’s DayOne data centre company is investing $1 billion into Thailand over 3 years for data centre development, with government looking to cap electricity costs / full item
KPMG Venture Pulse Q1 2025 – Asia findings
thai Tech Snapshot: February 2025
- Government is to pilot issuance of tokenised government bonds worth $148M, tho details are yet to be finalized / full item
- SiamAI Cloud infra provider to invest $4BN in infrastructure expansion, building the country’s largest data center, which it then plans to double in capacity / full item
- A brief overview of the Ministry of Finance’s considerations around amending cash-out options for the digital wallet scheme / full item
- A2D Ventures VC and Urban Office Thailand coworking space firm partner to launch Venture Spark accelerator / full item
- Securities and Exchange Commission is to launch debt instrument trading using distributed ledger tech, looking to boost securities firms’ participation in digital token trading / full item
- Government unveils extensive plan to reform transport infrastructure in bid to position as a pivotal logistics hub with a series of mega projects spanning land, sea, and air transportation / full item
- National Security Council meeting resolves to cut electricity to Myanmar border areas in bid to curb transnational crime and call-centre scams / full item
- TikTok is to invest $3.8BN in a Thailand-based data hosting project / full item
- An overview of the billions being invested in Thailand-based data centers by tech majors including TikTok, Microsoft, Amazon and Google / full item
- Philippines’ sovereign wealth fund, Maharlika Investment Corp’n, and Thai conglomerate, Charoen Pokphand Group, to launch $1BN PE fund for agri-food, digital, and green energy / full item
- Nearly 2,000 Indians are at present involved in cyber scam operations in Myawaddy…near the Myanmar-Thailand border… Many were reportedly duped by fake job offers… / full item
StormWall: The State of DDoS attacks in APAC in Q1 2025
Thailand’s tech news: January 2025
- Nat’l Innovation Agency boosts Co-Maker Space initiative to develop the domestic startup ecosystem, focusing on AI, green-tech and fintech startups / full item
- SPACE-F Batch 5 unveils 18 startup teams working on food-tech innovation, with a focus on sustainable solutions, products and packaging / full item
- More on BDI, coordinating development of ThaiLLM, a national large language model for AI initially to feature Health Link, Envi Link, Travel Link and the Smart Data Analytics platforms / full item
- Government is to launch ThaiLLM, a local large language AI model, later this year, with initial focus on healthcare and environmental support / full item
- “Despite increased [artificial intelligence] investments, 40% of respondents said they have either seen no gains or the gains have fallen short of their expectations…” / full item
- Thailand’s Techsauce media platform and Indonesia’s KUMPUL startup platform ink MOU to ‘foster cross-border startup collaboration and global innovation’, outlining 7 key activities / full item
- Here’s an introduction to VentureSpark, aiming to become one of Thailand’s leading tech and startup accelerators / full item
- OPPO and RealMe smartphone manufacturers found to have included pre-installed loan apps on devices without Bank of Thailand approval / full item
- AWS rolls out Thailand Cloud Region as part of $5BN investment, projected to contribute estimated $10BN to Thailand’s GDP while supporting 11K jobs annually / full item
- Rakkar gains Digital Asset Custodian License from the Ministry of Finance to provide digital assets custodial services to institutions / full item
- In December, Foxconn subsidiary UNIQUE Integrated Technology gained approval for a $306M factory build to export semiconductor machinery and equipment / full item
