Other locations in SEA
A round-up of tech and startup news headlines from across January, February and March – Q1 2022 – from Cambodia, Myanmar, Sri Lanka and Thailand
- Technology, startup and funding-related news
- Headlines linked to each online article in full
- Quarterly collection for January, February and March 2022
- Free-to-read online news sources linked
- Articles, reports, downloads, commentary and beyond
Cambodia | Myanmar | Sri Lanka | Thailand
See our other editions for the variety of channels we publish to.
Cambodia: March 2022
- Cambodia: Entrepreneurial Ecosystem Builders Forum launched by Swisscontact, Khmer Enterprise and USAID WE Act Project to boost activity and connections
- Cambodia Internet Startup Assoc’n partners Cambodia Assoc’n of Finance Technology to push cooperation around China’s Belt and Road Initiative
- Cambodia: SHANTI preps to launch Nutspay, a social lending project for the cashew nut market that uses blockchain and cryptocurrency
- EY Foundry, startup incubator program from EY professional services giant, announces expansion into Cambodia, Guam, Thailand and Vietnam
- Startup Cambodia National Program was formally launched December 9th, as a component part of of the Kingdom’s 2021-2035 digital economy and social policy framework
- Cambodia: Gov’t Khmer Enterprise to roll out Investment Readiness program for startups and SMEs aiming for network of investors and bankers to boost businesses
- Cambodia: National Bank-backed U-Pay mobile payments services provider deploys one-click, passwordless mobile ID solution from IPification
- Cambodian Digital Government Policy 2022-2035 launches, looking at sectors including governance, national development and public services
- Cambodia: Fears mount that the Kingdom is now rolling out its own ‘Great Firewall’, giving gov’t far-reaching powers in mass surveillance, censorship and control of access to information
Myanmar: February 2022
- Myanmar: Military junta is reportedly considering launch of its own digital currency, likely in response to National Unity Government’s support for Tether
- Myanmar: Telenor faces Norway’s data protection authority over planned sale of Myanmar business, due to risks of potentially dangerous breaches of data privacy
- Myanmar: An overview of the opportunities – and challenges – for agri-tech adoption in the country
- Myanmar & crypto: ‘But the NUG is prepared to go further…”When the time is right and if it’s needed for our revolution, we will definitely expand the list of our approved cryptocurrencies.”‘
- Myanmar: Military junta raises commercial tax on internet services, boosting cost of SIM cards and adding 15% tax on revenue gained from internet services
- Myanmar: Norway’s telco group Telenor to sell 51% stake in Wave Money fintech, citing military coup impacts
- Myanmar: Military junta set to outlaw VPN use and cryptocurrencies in likely bid to cut funding of resistance movement to military coup
Sri Lanka: March 2022
- Sri Lanka: An overview of the recent Green Energy Champion competition demo day and the 5 winning startups that presented
- Sri Lanka: Hatch launches HERCapital program, aiming for 2 cohorts per year and 10 startups per cohort, backed by a fund of approximately $1M
- Sri Lanka: An intro to the 4 teams selected for the 2022 Southeast Asia New Market Competition of Microsoft’s Imagine Cup student-focused technology competition
- Sri Lanka: A brief intro to the Lankan Angel Network Angel Fund and the 4 startups backed to date
- Sri Lanka: Venture Engine 2022 awards Mintpay BNPL platform as overall winner, with education-tech and NFT marketplace startups taking other awards
- Sri Lanka: MediaInc unveils 3 startups selected for news media incubator, drawn from more than 80 applications
Thailand in Q1 2022
- Thailand: Revised tax policy exempts crypto traders from mandatory 7% VAT on authorized exchanges, plus offers tax exemptions up to 10 years for crypto startup investors
- Thailand’s True Digital Park inks strategic partnership with China’s TechNode Global media firm, aiming to boost interactions between startups in Thailand, China and SE Asia
- Thailand: Bank Of Investment joins National Innovation Agency for BCG Startup Investment Day, set to showcase 24 pitching startups seeking backing
- Thailand: BCG Startup Investment Day online/in-person event set for March 24, looking at ‘Bio-Circular-Green Economy’ startups
- Thailand: SEC bans use of cryptocurrency for payments, citing money laundering concerns, but does not ban crypto trading and digital assets
- Thailand: A brief intro to the 18 startups selected for SPACE-F, the country’s first globally-focused food-tech startup incubator and accelerator program
- Thailand: Royal decree to waive capital gains tax for investment in startups is expected for Q1 this year, with 5000 new startups the hoped-for outcome
- Thailand’s Thai Union Group, world’s largest canned tuna seller, launches plant-based seafood, producing its own brands and offering contract manufacturing services
- Thailand: ‘Repositioning Thailand’s Financial Sector for a Sustainable Digital Economy’ Consultation Paper available to read online, from the Bank of Thailand
- Video: ‘How Thailand’s startups can receive crucial seed-round funding’, presented by Voice of The Nation
- Thailand: ‘Building Connections and Capabilities Before You Land in the Thai market’ webinar set for February 23rd, delivered by True Digital Park startup hub
- Thailand is preparing rules for the setting up of ‘virtual banks’, aiming to issue guidelines by June and expand the business scope and flexibility of existing banks
- Thailand: SCB 10X, venture arm of Siam Commercial Bank, launches $50M fund to invest in blockchain, decentralized finance and digital asset technology startups
- Thailand: A detailed look at Bitkub, the country’s largest crypto exchange by market share with sights on becoming the Coinbase of Southeast Asia
- Thailand: An intro to Runnex Technology, one of ten finalists from the Alibaba Cloud x KrASIA Global Startup Accelerator Singapore-Thailand Demo Day
- Thailand: Binance and Gulf Energy Development subsidiary, Gulf Innova, to partner to study possible development of a digital asset exchange
- A brief intro to the 10 finalists selected for the Singapore-Thailand Demo Day of the Alibaba Cloud x KrASIA Global Startup Accelerator, set for January 11th
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