Utilizing Zepeto as a platform, True will provide future-oriented, online-to-offline experience that can promote Thailand’s soft power in metaverse content creation. Zepeto says it has millions of users and around 500,000 content creators on the platform in Thailand.
July 2022 | August 2022 | September 2022
Asia’s tech newsletter, weekly on Substack
in September 2022
Southeast Asia’s digital consumers / Meta and Bain & Co (pdf)
- South Korea’s Naver Z, operator of Zepeto metaverse, inks MOU with Thailand’s telecoms and digital services provider True Corp for Thailand-driven metaverse ecosystem
- Thailand: Securities and Exchange Commission rolls out new rules on cryptocurrency advertising, alongside mandating that details of advertising terms must also be given to regulators
- Thailand: Securities and Exchange Commission announces ban on crypto firms from offering staking and lending services to investors in the country, aiming to safeguard investors from liquidity risks
- VC in Thailand: “…money – from banks, agriculture conglomerates, retail groups and telecom providers — comes with strings attached, which makes it difficult for fund managers and founders to move fast and build new products.”
- Thailand to extend Smart Visa scheme in bid to attract more overseas, covering 18 key industries
Women In Blockchain Asia / Join the founding cohort
in August 2022
Southeast Asia’s digital consumers / Meta and Bain & Co (pdf)
- Thailand: An overview of the recently-launched Spark Ignite 2022 Thailand Startup Competition, heavily backed by Huawei and aiming to boost the country’s digital economy efforts
- Thailand Post issued its first collectible NFT stamps this month, a limited edition of 50,000 NFTs to mark the country’s 140th anniversary
- Thailand: National Cyber Security Agency inks MoU with Huawei, hoping to create “a globally trusted cyberspace in Thailand”
- Thailand: Central bank to launch pilot study of a retail central bank digital currency with 10,000 retail users selected by the bank
- Thailand: Kasikornbank launches high school student-focused Startup For Better Society Hackathon 2022 nationwide, seeking business ideas and innovations for a sustainable society
- Thailand: Techsauce media platform launches Thailand Accelerator, partnering PeerPower crowdfunding bond platform to aid fundraising for Thai startups
- Thailand: Techsauce Global Summit is set for August 26 & 27, featuring sessions on fintech, climate tech, the metaverse, artificial intelligence and more
Deloitte: Digital Governance in Asia-Pacific (pdf)
in July 2022
- Taiwan’s Foxconn and Thailand’s state-run energy group PTT to build Plus EV new electric vehicle production base, with production and delivery expected in 2024
- Thailand’s True Digital Group invests $3M in Mediaload digital media firm, operator of news portals Khmerload in Cambodia and Myanmarload in Myanmar
- Thailand’s Translucia partners Australia’s Two Bulls software firm to build Metaverse Research and Development Center in Melbourne, with initial budget of $100M
The Indo-Pacific Strategy of the United States
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