The Thailand tech news snapshot for August 2024 captured headline items across subjects including: Thailand’s digital banking licenses, and the companies pursuing them; the newly-launched cryptocurrency sandbox from Thailand’s SEC; Hewlett-Packard’s moves to diversify away from China production, with Thailand as one option; and more.
Plus: Asia’s tech news, weekly newsletters >
Cushman & Wakefield: Asia Pacific Data Center Market H1 2024
- Thailand Post approved to participate in virtual banking, potentially as neutral agent to complement commercial firms receiving licenses / full item
- Thailand: Five consortiums are so far under consideration for 3 virtual banking licenses to be issued by Bank of Thailand / full item
Thailand: “Around 80% of startup funding comes from local corporations and their CVCs, and that number hasn’t changed much over the years. Large corporates dominate every aspect…” / full item
- Thailand: Securities & Exchange Commission rolls out crypto regulatory sandbox to allow testing of crypto services in a real-life context / full item
“…one can well imagine secondary markets where people who do not want to spend the [CBDC] before the expiry date can trade it, probably at a discount, for money with a longer shelf life” / full item
- Board of Investment of Thailand launches Matching Fund to match funding provided by venture capital funds at up to 50M baht per firm / full item
- StartUP@Taipei unveils the AI-focused tech startups selected to attend TechSauce Global Summit 2024 in Thailand / full item
“Tesla is… only discussing charging stations, with the factory plans suspended not just in Thailand but worldwide… not proceeding in Malaysia, Indonesia, or anywhere else except for China, America and Germany” / full item
- Thailand’s TechSauce Global Summit preps for Indonesia edition, set to run in Bali in September / full item
- Singapore’s Beep raises $3.3M to expand Voltality, integrated charge stations, payment services and vehicles stack, in Thailand and Malaysia / full item
‘HP has set an internal goal of making up to 70% of its notebooks outside China, and is looking at Singapore and Thailand as potential production destinations’ / full item
Critical technologies, globally: August 2024
Asia’s Tech news, Weekly:
August 2024 Newsletters
- August 28th: India’s space infra, Taiwan’s AI funds, Aus-SG solar power, NVIDIA & Japan, Singapore-China blockchain finance…
- August 21st: New Huawei chips, Malaysian tech growth, Indian LLMs, Korean semicon growth, India space industry…
- August 14th: Quantum in Singapore, Thailand & crypto, Asia-Pac chips conference, Philippines cybercrime…
- August 7th: Singapore cybersecurity, China’s G60 satellites, Indian semicon jobs, Japan’s hikikomori opportunity…
