July, August & September 2023
The Thailand tech news snapshot for Q3 of 2023 briefly captures items including: the facial recognition-driven ThaiID app from the government; Kasikornbank’s connections with Myanmar; the Thai Digital Minister’s demands that Facebook remove scammer posts; and more.
For other editions, take a look at Asia’s tech news, daily, delivered via LinkedIn, Facebook and Twitter/X, and our Indo-Pacific tech newsletters for a weekly email update on Asian tech.
Hit the links below for an all-in-one snapshot of Thailand’s tech news headlines in Q3 2023:
September 2023 | August 2023 | July 2023
e-Conomy SEA 2023: Thailand report – Google, Temasek, Bain & Co
September 2023
BCG: Global Payments Report 2023
August 2023
- Thailand’s HD healthcare and surgery marketplace gains backing from Vietnam’s FEBE Ventures, with sights on being the go-to platform for accessible and affordable healthcare and elective surgeries in SE Asia
- Thailand Fintech Festival 2023, part of FinTech Festival Asia, set for September 26-28
- Thailand: KX, venture builder subsidiary of Kasikorn, this year backed Magic and Transak in comprehensive strategy move focused on decentralized commerce, seeing opportunities in Web3 and crypto
- Thailand Blockchain Week 2023, ‘Blockchain Genesis’, set for November 11-12
ASPI: Derisking authoritarian artificial intelligence
- Thailand: An overview of Huawei Thailand Education Summit 2023, recently held in Khon Kaen province, building on goals set in Thailand National Digital Talent Development White Paper
- Thailand’s Arun Plus, part of state-owned oil and gas group PTT, and Taiwan’s Kymco to establish JV forming Aionex, aiming to produce e-bikes and operate battery-swapping services
- OPPO 2023 Inspiration Challenge Regional Demo showcases winners in Bangkok, working on pain management, speech disorders, paper batteries and more
“Thailand is waiting to see whether newly-elected PM Thavisin will make good on a campaign promise to airdrop about $300 worth of digital currency to some 50 million citizens.”
“…If the promise was honored, all recipients would be required to spend the money within a ‘4-kilometer community radius within six months’ of the project’s first phase.”
- Thailand: Digital Minister to ask courts to shut Facebook in SEA’s second-largest economy, unless it takes action on scams that have affected more than 200K citizens
- FinTech Festival Thailand 2023, part of FinTech Festival Asia, is set for September 27-28
- Indonesia, Thailand, Malaysia & Singapore advance with implementation of bilateral transactions via QR codes, with payments settled in local currencies
- Thailand’s Kasikornbank partners Myanmar’s Kanbawza Bank for smartphone-based remittance service for sending money from Thailand to Myanmar
- Taiwan’s Foxconn looks to standardized EV platform, seeing India or Thailand for production of 3-seat EV under $20K and focused on corporate delivery fleets
Recorded Future: Chinese Cybercrime in Neighboring Countries
July 2023
e-Conomy Southeast Asia 2023 report – Google, Temasek, Bain and Co
- Thailand: Securities & Exchange Commission to ban cryptocurrency lending services, prohibiting platforms from offering any form of return on deposited crypto by customers, by end of July
- Thailand: Gov’t launches ThaID mobile application for personal identity verification, built around facial recognition tech
“44 state agencies have so far adopted the system, and over 380,000 people have registered to use its services.”
“Gen Prayut reaffirmed the government’s determination to transition Thailand into a digital society in line with its 4.0 policy. He emphasized that digital technology enhances the public service capacity of state agencies, making them more accessible while also reducing costs.”
- Thailand: LINE MAN Wongnai e-commerce platform to acquire FoodStory restaurant point-of-sales systems, aiming to provide merchant solutions to every restaurant segment in Thailand
- Thailand: India’s CtrlS Datacenters to lease 10-acre land parcel for 50 years, building ‘hyperscale’ center with proximity to subsea cable landing centers for international access
- South Korea’s Lotte Home Shopping to intro ‘virtual influencer’ to SE Asia live commerce market, beginning with Thailand via Lazada partnership
SharePass: Online digital security solution
Indo-Pacific TECH news
All-day tech news updates from across the broad – and increasingly strategically and technologically important – Indo-Pacific region, and across South and Southeast Asia:
- Indo-Pacific tech daily on Twitter
- Indo-Pacific tech daily on Facebook
- Indo-Pacific tech news on LinkedIn
Our mobile app is currently offline, due to the ongoing devolution of what was Twitter, now X.
We aim to have the app back online with a much-improved interface and broader functionality by the end of 2023.
World Economic Forum: Space Applications in Agriculture
Indo-Pacific TECH newsletter
Our weekly e-newsletters go out via Substack and LinkedIn, giving a one-glance grasp of the week’s technology news from the Indo-Pacific and South & Southeast Asia.
